Post
Topic
Board Beginners & Help
Re: self multisig setup
by
BenCodie
on 09/06/2025, 23:07:18 UTC
Yes. There is really no point in paying a company to create a multisig for you and in my opinion, these services are on the borderline of ripping people off. If it's a wallet that will be hot/active, learn how to secure multiple devices across different operating systems/architectures and keep the seeds safe and in multiple locations. If it's not going to be active, minus the former and create the keys on a secure and private system (a guide like [https://bitcointalk.org/index.php?topic=5086011.0]this[/url] might help), and store the keys safely and remotely as you said.

Fixing the hyperlink: Easy cold storage with Tails Linux, and Electrum for newbies

Thank you for that, I fixed it up in my post as well  Smiley

Rather than paying a multisig company. Could i just have 3 remotely located keys myself. Eg safe, pc, phone



Sure, you can, but after setting up your multisig wallet, you should carefully test every aspect of using it, especially how it handles change addresses. Some coordinators used coordinate relevant private keys or hardware wallets if you're using any as cosigner might not handle change addresses correctly. That’s why I strongly recommend testing your chosen scheme hope it is 2-of-3 on testnet before doing anything with real funds on main net.

Why are you using superscript on some of your words? What's the purpose?