Having a hard time deciding on having my storage use multi sig. Any professional thoughts? I know the fees will be higher and there is more to back up but I’m wondering if it makes sense to go ahead and do this, especially if I plan to hold majority of my #Bitcoin for the rest of my life and pass it on.
#asknostr nostr:nevent1qqsq9rjjkxxuerlmc55m4mna4lr8hey6fgusek6pjnekcj8u5cuhv2gpp4mhxue69uhkummn9ekx7mqzypjht2a4km0xc0gv9kc8v7nfnjpvmuz74r3a2x9v9fl2m8gyzp4gsqcyqqqqqqg5dp0l5
Depends on what u want to secure, so may u create an own private threat model based on questions like : where u live, how many btc u have ?, etc. Then i think u have an idea if u need an multisig approach or not if its so u may also have a look at mpc solutions like x1 cyperrock. An mpc solution is different it doesnt use several private keys it splits up an entire private key in parts and some solutions Blog.thirdweb.com\mpc