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6 sats \ 2 replies \ @xz 16 Jan \ parent \ on: Can we make 2-of-3 Multisigs a better user experience? bitcoin
I think I understand your point more that I did before now.
I can see why what you suggest would be advantageous as a standard, and minimize memorizing superfluous information (if that's possible to do.)
Somehow, even though it's probably a very secure and efficient way to deal with the problem, I feel relying on an internet connection to scan the blockchain to find the pub keys, feels like putting my trust in something I don't have full control over.
Or would it be possible to retrieve running a full-node?
Precisely, the idea is that it’s possible to recover by running a full node. You’d simply need to scan the relevant witness data until you find the data you’re looking for.
If the user writes down the current blockheight along with the 12 word seeds, this can be done quite quickly, because we’d only need to scan blocks after that point.
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I mean, to an extent this is stenography on the blockchain, which I've always thought since inscription were a thing, as the most valid use case.
Sounds good. These things need to get mapped out, explained visually for people to start running with them. I'm still catching up. There's just so much to get comfortable with.
Originally, my point is that stenography is extremely useful in the physical space.. we just need to get more used to using it for security's sake.
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