social recovery

  • Self-Hosting and Multi-Signature – Vitalik Buterin’s Take on Securing Your Assets

    On April 17th, Ethereum co founder Vitalik Buterin wrote in March that self hosting is very important, and social recovery and multi-signature are good ways to achieve this goal. A

    04/17/2023
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  • Vitalik Buterin emphasizes the importance of self-hosting with social recovery and multiple signatures

    On March 17th, Vitalik Buterin, co founder of Ethereum, stated on social media that self hosting is very important, and social recovery and multiple signatures are good ways to achieve this goal. I personally use a multi signature wallet to store most of my funds, as does the Ethereum Foundation. Once social recovery wallets become mature enough, my recommendation is to use social recovery for hot wallets that store a small portion of an individual or organization’s funds, as well as multiple signatures for cold wallets that store individual or organization savings. V God: Individuals and the Ethereum Foundation both use multi signature wallets to store most of their funds Analysis based on this information:Vitalik Buterin, co-founder of Ethereum, recently took to social media to promote the importance of self-hosting and advocated for the use of social recovery and multiple signatures to achieve this goal. For Buterin, self-hosting is an essential aspect of cryptocurrency ownership as it allows individuals and…

    03/17/2023
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