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Blockstream Multisig Shield is not working with an HWW like Jade. It is a 2 of 2 multisig where one key is held by the wallet in the device (e.g. stored into the android phone, protected by a pin) and the other is stored at the server.
key points
  • wallet seed is generated by the wallet and shown on a device with access to internet
  • After 365 days, the multisig converts to a single sig (timelock expires), when not renewed with a transaction within this period
  • HWW cannot be used to protect the private key