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2026-10-10 09:20:11 UTC

momotahmasbi on Nostr: With a multi-vendor multisig setup, you can sleep soundly through this constant ...

With a multi-vendor multisig setup, you can sleep soundly through this constant turmoil. Several things would have to fail before your funds were affected and the probability of all those components failing simultaneously is far lower than the risk posed by a single point of failure.

Multi-sig is relatively easy to set up with Bitcoin. For other cryptocurrencies, multisig is either more complicated or maybe impossible.