Post
Topic
Board Gambling
Re: bustadice – Next Generation Dice
by
Synchronice
on 05/10/2023, 16:32:47 UTC
Multisignature cold storage
The majority of users' funds is securely held in 2-of-3 cold storage with keys split between Daniel of bustabit, Ryan and a trusted third party.

This wallet can only be accessed with the approval of at least two keyholders and ensures that users' deposits can be safely returned to them if something were to happen to one of the keyholders.
My question is not related to gambling or bustadice but I think it will be interesting for everyone. As you say, your team runs 2-of-3 multisig cold wallet and I want to know, how seriously do you take that in real life? I mean, do two of you or three of you ever move together? For example, via car? Because if you two are together in the car or on airplane and something bad happens (god bless you), two man is gone and wallet is left with only one man who can't sign a transaction alone.
I know this question may be curious for you and many people here but I am really interested in, how big companies manage their cold wallets.