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btconboard #LNHANCE or #CTV
npub15ss…l6uv
2024-07-06 13:22:37

btconboard #LNHANCE or #CTV on Nostr: GM! If you use a 2 of 3 collaborative multisig like Unchained someone can just show ...

GM! If you use a 2 of 3 collaborative multisig like Unchained someone can just show up at your house, force you to submit a transaction*, and sit with you for a day until it’s processed and they have all your bitcoins. This setup is not half as robust as people like to think.
*99% of people keep at least one key at home and can ask for the custodian to sign for a second, and if you think video verification will save you then you’re dreaming.
Author Public Key
npub15ssy34l2ym5ux6n8khljvmzs3zp238d7xmhkq0xfceexxf5gdseqpel6uv