Oh nice!
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Oh nice!
Yeah wallet b would rest on my old ledger hw wallet. That anyways is not super secure anymore, but for that purpose should be fine :)
thanks for your thoughts! 1. Will definitely look into RBF! 2. Lighning flow: So I'd use my seed from wallet B within e.g. Phoenix wallet. Have to look up the autopilot thing 3. SSS: My family members, live in different locations, but I like the idea of generating a copy of 1 or 2 shares and distribute them additionally with 2 friends
Hey everyone! Today I thought again about how I manage my Bitcoin and would love your thoughts on it! TL;DR Planned setup: two hardware wallets — A (long-term storage) and B (daily/operational). Buy on a broker (e.g. Coinfinity / 21Bitcoin), push funds to Wallet B regularly, then split to a Lightning Wallet (daily use) and to Wallet A in UTXO-sized slices for long term. Use Shamir’s Secret Sharing (6 shares, 3 required) for inheritance. Setup overview Goal: safe, private, usable custody that supports everyday spending, continuous accumulation, and future large purchases with minimal UTXO bloat, while also considering beyond my life with respect to inheritance. Acquisition: buy from a regulated provider and automate regular transfers to Wallet B. Wallets: Hardware Wallet A — Long term: receive batched UTXOs in sized slices; rotate addresses for privacy; keep UTXO sizes balanced for later large spends. Hardware Wallet B — Daily / Intermediate: receives broker transfers; used to fund Lightning Wallet and to prepare UTXO slices for Wallet A. Key operational choices UTXO strategy for Wallet A: Send funds in sized slices of various size to avoid huge consolidated UTXO pools but also avoid many tiny outputs. Also use new address from time to time to increase on-chain privacy when funds are later spent. Daily liquidity: Keep Wallet B funded at a target balance to cover routine Lightning channels top-ups and occasional on-chain spending. Seed backup / recoverability: Use Shamir’s Secret Sharing: 6 shares, threshold 3. Distribution idea: one share to each of five family members + one to self (or alternative secure storage). Provide a clear recovery guide for holders that explains steps, thresholds, and safe handling.
GM!
Testing jumble.imwald as Client today (:
Omg I love how this old track just made me remember such good times. Music is such an anchor and influencer of mood for me https://open.spotify.com/track/48H1qhV4rKvqXhLyByX4o9?si=IpjOXu3TRHiiQJGzcFXQrA&context=spotify%3Aplaylist%3A37i9dQZEVXcE7Iephkni7U
A question on the functionality: It works without internet, but only if enough people are around that also have bitchat installed right? And It used bluetooth to transmit the message from device to device. I recently tried it when I was in Switzerland at a festival, but messages where not delivered across distance, only in close range. So I was wondering if I’m using it wrong