pull down to refresh

0 sats \ 2 replies \ @niftynei OP 3 Dec 2023 \ parent \ on: Base58⛓️🔓: what classes do you wanna see next year? 📅 tech
Hmm have you seen the multisig video using sparrow i did with Area Bitcoin?
https://www.areabitcoin.co/courses/workshop-social-multisigs
write
preview
0 sats \ 1 reply \ @Signal312 3 Dec 2023
No, not yet. Is Social Multi Sig a widely-known concept, or is it a more recent innovation?
reply
0 sats \ 0 replies \ @niftynei OP 3 Dec 2023
It's a Brazilianification of a term I like for mulitparty multisigs aka "collaborative multisig": where you and a group of people hold a set of keys.
If you're holding funds with friends or your family, it's 1000% the right way to help onboard more people, giving them some shared responsibility without full risk of funds lost if one party loses their keys.
reply