Securing your hardware wallets that form a multisig configuration is of paramount importance when it comes to safeguarding your bitcoin. This document suggests a few considerations for physically storing your hardware wallets that comprise a multisig setup. These strategies would go a long way to ensure considerably high level of protection for your bitcoin, reducing […]
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Your recovery phrase, also known as a seed phrase, is a crucial piece of information that allows you to restore access to your bitcoin holdings in case your wallet is lost, stolen, or damaged. It’s a series of words in a specific order, usually between 12 and 24, that acts as a master key to […]
A recovery phrase, also known as a seed phrase or mnemonic phrase, is a series of words that act as a master key to your bitcoin wallet. It’s a crucial piece of information that allows you to restore access to your wallet in case it’s lost, stolen, or damaged. Here are some reasons why a […]
A BIP-85 wallet, which implements the Bitcoin Improvement Proposal 85 standard, offers several benefits for users who want to generate and manage multiple independent wallets using a single master seed. Here are the main reasons you might want to use a BIP-85 wallet: While BIP-85 wallets offer these advantages, it’s crucial to store your master […]