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0 sats \ 2 replies \ @Merkle_Tree_hugger 9 Jul 2023 \ parent \ on: Exploring Multi-Sig Setups: Seeking Thoughts on Casa and Alternatives bitcoin
Is this the same as backing up xpubs? Or do you need the derivation path separately stored?
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0 sats \ 1 reply \ @02aa009417 9 Jul 2023
You can also recover the respective xpub with the seed phrase and derivation path.
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0 sats \ 0 replies \ @lightcoin_ 9 Jul 2023
the purpose of a multisig is, in part at least, to be resilient to losing 1 or more seeds (depending on the exact setup). so, the best practice is to keep a backup of ALL xpubs with EACH seed. this way even if 1 (or more) seeds are lost (less than quorum) you can still use all xpubs and remaining seeds to recover and sweep to a new wallet.
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