Birdwatch Note Rating
2024-04-10 09:59:02 UTC - NOT_HELPFUL
Rated by Participant: A015CED135A72CD33C71E3A3C025973B729893671163154CD22534AC588A19FF
Participant Details
Original Note:
Entrusting 1 key of a multisig to a 3rd party company is still dangerous. Of the 3 keys unchained.com creates, you keep 2 and they keep 1. If you were to lose 1 key and the company mishandles the other or shuts down you may never be able to access your crypto again. https://www.coindesk.com/tech/2020/11/10/multisignature-wallets-can-keep-your-coins-safer-if-you-use-them-right/ https://unchained.com/vaults
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