
BR005 - Bitcoin Wallet Experts Roundtable ft. Charles Guillemet, Craig Raw, Lazy Ninja & Odell
Bitcoin.Review Podcast with NVK & Guests
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Using a Multisig to Improve Security
I think we have plenty of people who just lose the access to the funds because they set up two complex methodology. A couple of years ago, there was some debate on Twitter with Michael Flaxman, for instance, that hardware was not secure enough and you had to use multisig setup. I think this is a mistake. We need to have a simple setup. And by the way, there are some steps which are often requested to us but again, there are very few people who use them. So if you want to implement some enhanced governance, this is the tool you need. But for 99% of the users, don't use a manuscript, don’t use a
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