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jimbocoin / jimbocoin 🃏
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2025-03-06 13:39:37
in reply to nevent1q…dsjs

jimbocoin on Nostr: Using a passphrase (25th “word”) is comparable. You can use this technique along ...

Using a passphrase (25th “word”) is comparable. You can use this technique along with multisig. It suffers from the same single-point-of-failure as shares, but the passphrase you store only in your head.

In this way, a passphrase is additive to your multisig security posture, compared to shares which weaken it.
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