Steemians, are you using multisig?

My key takeaway from the podcast "Every Bitcoin Wallet Sucks" (see my post here), was the following:

Everyone should use multisig.

"Multisig" stands for Multiple Signatures.

It means that you should actually secure your crypto using a combination of multiple wallets.

But not simply distributing your funds on several wallets. Rather, moving your crypto should require the approval of multiple wallets, not just one.

That way, if one device is found to have a vulnerability, your funds don't immediately become vulnerable.

Steemians, are you using multisig?

multisig_locks.jpg

[Image taken from here]


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  • @starving

    very important to use that now a days