Self-custody of Bitcoin, while empowering, carries significant risks, particularly with firmware updates that can lead to losing your funds if not managed diligently.
Despite the allure of self-custody, many Bitcoin holders encounter challenges like unapproved firmware updates leading to lost access, often compounded by misplaced seed phrases.
Managing multiple multisig vaults requires regular updates and vigilance, as complacency with firmware can easily lead to disastrous outcomes for users.
As the popularity of multisig vaults rises, the associated risks, particularly due to firmware vulnerabilities and user negligence, make it critical to stay informed.
Collection
[
|
...
]