Stephan Livera on Nostr: Seed Phrases vs Key Sharding: Multisig's UX Trade-offs | Setzeus SLP781 @setzeus of ...

Seed Phrases vs Key Sharding: Multisig's UX Trade-offs | Setzeus SLP781
@setzeus
of
@getcofund
argues most people won't use seed phrases, weighs email-login key splitting against verifiability, and explains policy multisig.

Timestamps
00:00 — Intro
00:37 — From SetDev's L2 Work to Multisig
03:20 — After the Coldcard Hack: Why Self-Custody?
07:56 — Justin Drake's Bunker Mode and ECDSA
10:13 — Are Bitcoiners Bad at Building Products?
15:59 — Seed Phrases vs Privy-Style Key Sharding
20:25 — Trade-offs: Verifiability and Lock-In
25:35 — Recommending Self-Custody After Hacks
30:40 — Families, Fiduciaries, and Founders
34:25 — Spending Policies via Taproot Script Paths
37:24 — Limit: Bitcoin Spend Caps Not On-Chain
39:59 — Key Rotation Means Moving Funds
41:11 — Cofund Pricing and Fees
42:03 — Thesis: Multisig Becomes Joint Accounts