Post
Topic
Board Electrum
Re: Is the recovery key one factor access to 2FA or multisig?
by
gotpetum
on 14/04/2016, 23:41:13 UTC
Who says you need both your private keys in the same place?  Split the seed in half and give half to a trusted friend.  You'll only need it for recovery. 

The local wallet only stores the first private key and it's encrypted.

Thanks, I didn't know that. I thought the seed == the wallet, and so both the wallet and the seed have all 2FA private keys. I'll have to double check, but that sounds good.

Thanks!