Was listening to the podcast referenced at the link and Guy said with multi-sig one doesn't need to worry about issues such as the Ledger hardware wallet revelation and recovery program. True?
174 sats \ 0 replies \ @k00b 17 Jan
I don't know much about Ledger but this is generally true if each of your keys are stored on devices from different manufacturers. Casa calls this device diversity.
If your funds are protected by a 2-of-3 multisig, and only one of the keys are stored on a Ledger device, Ledger alone being compromised doesn't grant someone access to your funds.
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30 sats \ 4 replies \ @BlokchainB 17 Jan
Don’t forget multisig will raise your fee to spend later!!
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60 sats \ 3 replies \ @Eobard 17 Jan
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10 sats \ 2 replies \ @BlokchainB 18 Jan
Eventually yes but P2TR addresses are barely being used. Plus can current multisig setups support taproot?
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110 sats \ 1 reply \ @9 18 Jan
Sparrow and electrum do not support multi-sig Taproot yet
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50 sats \ 0 replies \ @Eobard 18 Jan
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20 sats \ 0 replies \ @anon 17 Jan
Correct as long as the private keys are stored in different device/location/geographic location/in memory of human/ etc
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20 sats \ 0 replies \ @grayruby 17 Jan
Makes sense as compromising one key won't accomplish anything in 2/3 unless you are the one with access to one of the other two of course.
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