Birdwatch Note Rating
2024-04-14 14:00:29 UTC - HELPFUL
Rated by Participant: B749536AA7D18327ECAFBCF759AA1FC195C2DE3298298723B4C2146E4CB37D4A
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
All Note Details