Do you use multisig? If so, for what? If not, why not?
No, what’s that?2.7%
No, It’s too complicated 29.7%
No, something else24.3%
Yes, for my whole stack18.9%
Yes, for part of my stack24.3%
37 votes \ poll ended
145 sats \ 0 replies \ @captain_stacks 7 Aug 2022
Anything else has a single point of failure.
reply
105 sats \ 1 reply \ @teco 7 Aug 2022 freebie
It seems like a no-brainer to me.
However, I can see how this can be difficult to implement for people with little social circles (e.g. new expats in a different country). For some, just defining those "trusted locations" is a challenge.
It seems to me that saving everything in the same place defeats the purpose of multisign.
What are your thoughts on this?
reply
0 sats \ 0 replies \ @rijndael OP 8 Aug 2022
I think having keys split between a phone and a laptop (with a third key offline somewhere) is a big upgrade in security, even if you don’t go and geographically distribute keys. But I get your point. I think a lot of people research multisig and think they need to go all the way to something really elaborate (like distributing signers or something)
reply
101 sats \ 0 replies \ @rijndael OP 7 Aug 2022
For folks who say “no, too complicated”, I’d love to hear more! For some people it’s “I haven’t done enough research to be comfortable”, for some people it’s “I don’t think it’s worth the effort”. I want to know what you think.
reply
100 sats \ 0 replies \ @cameri 7 Aug 2022
For my cold storage of course.
reply
100 sats \ 0 replies \ @yukoncornelius 7 Aug 2022 freebie
I’m in the camp of, “Not currently, but planning on it.”
reply