Good point!
It’s very important to remember that no matter what your multisig setup is, you MUST be able to generate or recover ALL the xPubs.
Example: For a 3 out of 5 multisig, if you lose the seed for any one of the 5 and don’t have its xpub backed up, you’ve lost everything - even though you have the 4 other seeds and it’s a 3 out of 5 multisig!
I know because this is how I lost all my BTC.
5-MeO-DMT
npub1z5…34f09
2024-07-25 21:17:55
in reply to nevent1q…v8c7
Author Public Key
npub1z5xm3fh6qgf34j6v5gly29hwd3pnml5t6fs7xspgtg8c0rfyxt4s534f09Published at
2024-07-25 21:17:55Event JSON
{
"id": "999f2a2ab78740c5df76d7580779d7c1392927fb730eb1f50fccfdbb550d62e5",
"pubkey": "150db8a6fa02131acb4ca23e4516ee6c433dfe8bd261e340285a0f878d2432eb",
"created_at": 1721935075,
"kind": 1,
"tags": [
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"e",
"ed935b4603bc1fd3192c9dde741b1699a994eeacc01ee2e5aedd41237805c806",
"",
"root"
],
[
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[
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],
"content": "Good point!\nIt’s very important to remember that no matter what your multisig setup is, you MUST be able to generate or recover ALL the xPubs.\nExample: For a 3 out of 5 multisig, if you lose the seed for any one of the 5 and don’t have its xpub backed up, you’ve lost everything - even though you have the 4 other seeds and it’s a 3 out of 5 multisig!\nI know because this is how I lost all my BTC.",
"sig": "bc9a1082c565de02c29f18938ff3fbd524b12385ee77f6d508147185fdb9aed95e3b6f9854dafb746e3912e8a444f20dd94e91d346222538b57b0551aecbee1d"
}