Post
Topic
Board Electrum
Merits 7 from 3 users
Re: Electrum + Ledger Multisig?
by
julerz12
on 04/12/2023, 14:02:36 UTC
⭐ Merited by o_e_l_e_o (4) ,Husna QA (2) ,Zaguru12 (1)
Here's an example:
Yes, on the part where it asks to add a cosigner, I use:
'Cosign with hardware device'

OP seems to have a set up a single wallet with contains the Electrum seed phrase and which he also connects to his hardware wallet. This is less secure than using completely separate devices, but still much more secure than a standard single sig hot Electrum wallet. With such a wallet, he does not need to interact with this xpubs since Electrum provides one seed phrase and the hardware wallet provides the other.
Correct, I'm using an Electrum (desktop) and a connected a ledger wallet on the same system.
What's the security risk of having both devices on the same system? Is the ledger wallet vulnerable when connected to the Electrum wallet?

Everytime I open Electrum (multisig) wallet, It always asks to insert/connect the Ledger device.