BankSith on Nostr: How do you like opensource #miniscript as an integral part of your inheritance ...
How do you like opensource #miniscript as an integral part of your inheritance planning? Experience #bitcoin consulting with 21st Capital.
👇🏻
Bitcoin timelock miniscript is a powerful smart contract script that enables the creation of time-locked transactions on the Bitcoin timechain. This technology allows transactions to be executed only after a predetermined period has passed, providing an additional layer of security and programmability for Bitcoin transactions.
One of the key benefits of timelock miniscript is its ability to serve as a safety net in case of lost keys. Even if you lose access to your single or multisig setup, a backup can be designed to recover your #Bitcoin after a designated time period, which can be set to span months or even years. This added security measure can provide peace of mind.
Miniscript ensures that only you maintain full control over your Bitcoin at all times. Unlike traditional custodial solutions, no external service provider - including 21st Capital - has full autonomous control over your Bitcoin. This means that you can enjoy the benefits of secure, time-locked transactions without sacrificing control over your assets. 🧡
Next level #bitcoin consulting with 21stCapital (npub1zxs…2knw) 🧡 https://21stcapital.com/banksith
Video: Ruzbeh K. at thebitcoinconf (npub1rwh…7avv) Mena 🇦🇪
👇🏻
Bitcoin timelock miniscript is a powerful smart contract script that enables the creation of time-locked transactions on the Bitcoin timechain. This technology allows transactions to be executed only after a predetermined period has passed, providing an additional layer of security and programmability for Bitcoin transactions.
One of the key benefits of timelock miniscript is its ability to serve as a safety net in case of lost keys. Even if you lose access to your single or multisig setup, a backup can be designed to recover your #Bitcoin after a designated time period, which can be set to span months or even years. This added security measure can provide peace of mind.
Miniscript ensures that only you maintain full control over your Bitcoin at all times. Unlike traditional custodial solutions, no external service provider - including 21st Capital - has full autonomous control over your Bitcoin. This means that you can enjoy the benefits of secure, time-locked transactions without sacrificing control over your assets. 🧡
Next level #bitcoin consulting with 21stCapital (npub1zxs…2knw) 🧡 https://21stcapital.com/banksith
Video: Ruzbeh K. at thebitcoinconf (npub1rwh…7avv) Mena 🇦🇪