765 sats \ 2 replies \ @lechiffre 24 Jan \ parent \ on: Bitwise Publishes Bitcoin Address Containing Their ETF Holdings bitcoin
Many or most -- AFAICT -- big custodians who are likely using actually-physical-hardware-based HSMs use legacy addresses rather than HD wallets. Possibly there exists already battle-tested software that is shared or shopped around in this sphere.
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579 sats \ 1 reply \ @nerd2ninja 24 Jan
Its just weird to me that they wouldn't use the most economically incentivized address type. Do you think they're using Shamir secret sharing too? You think ANY fucking custodian out there actually follows the glacier protocol?
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669 sats \ 0 replies \ @petertodd 24 Jan
Its just weird to me that they wouldn't use the most economically incentivized address type.
When you're holding $500 million spending even $500 on transaction fees doesn't matter.
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