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Who Pays and Who Gains as Ledger Drama Fuels Multisig Adoption

Who Pays and Who Gains as Ledger Drama Fuels Multisig Adoption

Photo: Bitcoin.com News

As bitcoin and crypto hardware wallet manufacturers and users increasingly face security challenges, the fallout could lead to higher device sales and more costly short-term but more secure long-term wallet setups for users. Technically savvy bitcoiners have been using multivendor multisig hardware wallet setups for years. Now, following the Coldcard crisis this summer and the problems affecting Ledger and its users this month, the approach is gaining the attention of the wider audience. It combines hardware from different manufacturers in a multisignature wallet setup.

Source: Bitcoin.com News

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