GM. Not your keys, not your coins.
Not today, little do-gooder hobbit! Use timelocked recovery keys for your coins and prevent destructive halflings from ruining your day. image
If you've been looking for a step-by-step guide to set up Liana Wallet with - timelocked inheritance keys - multiple hardware signers - custom multisig You should definitely check out this @BTC Sessions tutorial:
๐ŸŽ‰๏ธ Congratulations to theonlyonepaulo! ๐ŸŽ‰๏ธ You are the winner of our Free Liana Box drawing! We had more than 150 entrants (30% from nostr!). So, maybe we'll have to do it again sometime! ๐ŸŽ‚๏ธ Happy Satoshi Birthday! ๐ŸŽ‚๏ธ image The Liana Box has everything you need to go from zero to self-custody hero: - 2 signing devices - 2 @cryptosteel capsules - instruction manual - inheritance letter - 2 USB flash drives - 3 tamper evident bags Check it out:
๐Ÿšจ๏ธ LAST CHANCE to enter our Satoshi Birthday free Liana Box drawing!๐Ÿšจ๏ธ ๐ŸŒ™ Liana Wallet is dark-mode only...just like the Batman. ๐Ÿ‘‰๏ธ Follow us ๐Ÿ‘‰๏ธ Repost this post ๐Ÿ‘‰๏ธ Comment below your favorite thing that is dark-mode only Drawing is tomorrow!
For some reason our wallet has a coin labeled "surfboard for houseplants"... Anyhow, we love labels and BIP329! Want to enter our Satoshi Birthday free Liana Box drawing? ๐Ÿ‘‰ Give us a follow ๐Ÿ‘‰ Comment below the best label in your wallet What is a Liana Box you ask? Check it out here:
Single points of failure can be easy to overlook. Help us find them! ๐Ÿ‘‰๏ธ Comment an often missed single point of failure in #Bitcoin cold storage setups ๐ŸŽ๏ธ Top 5 get entered in our Satoshi birthday giveaway drawing to win a free Liana Box
image We love thinking about how miniscript can solve real world problems. For instance, how could it help align the incentives for Outies and Innies? a ๐Ÿงต about how #Bitcoin fixes Severance (spoilers) โš ๏ธ Here's the problem: ๐Ÿ’ฐ๏ธ Outie wants to get the big checks for working on the severed floor โ˜น๏ธ Innie may be miserable, but has no way of telling Outie it's not worth it ๐Ÿ’ฅ Incentives are not aligned ๐Ÿ‘‡๏ธ ๐Ÿ‘›๏ธ New wallet: ๐Ÿ’ก๏ธ Lumon pays all severed employee salaries into 2-of-2 multisigs ๐Ÿ”‘๏ธ Outie gets a key ๐Ÿ”‘๏ธ Innie gets a key โŒ๏ธ Funds don't get transferred into Outie's spending wallet unless Innie signs ๐Ÿ‘‡๏ธ ๐Ÿคทโ€โ™‚๏ธ๏ธ Innie doesn't have use for funds (nowhere to spend) ๐Ÿ—œ But Innie can refuse to sign โžก๏ธ So Outie has incentive to pressure Lumon to pay attention to Innie demands ๐Ÿ‘‹ What if Outie just decides to quit? ๐Ÿ‘‡๏ธ ๐Ÿ‘จโ€๐Ÿ’ผ๏ธ Innie wants to keep Outie coming back to work ๐Ÿ‘›๏ธ New wallet: ๐Ÿ’ก๏ธ Every year Lumon deposits bonus into a 2-of-2 with recovery key that can spend after 13 months ๐Ÿ”‘๏ธ Innie gets key ๐Ÿ”‘๏ธ Outie gets key ๐Ÿ”‘๏ธ Lumon gets recovery key ๐Ÿ‘‡๏ธ ๐Ÿšจ๏ธ If Innie and Outie don't agree to move bonus within 13 months, Lumon takes bonus โฑ๏ธ But Innie can make Outie wait till next year's bonus hits ๐Ÿ’ก๏ธ Lumon increases bonus size every year ๐Ÿ’ต๏ธ Outie keeps coming back to get next bigger bonus ๐Ÿ‘‡๏ธ โœŒ๏ธ Outies and Innies have a reason to work together for mutual benefit ๐Ÿค๏ธ Bitcoin is a means of aligning incentives for people in different circumstances ๐Ÿค—๏ธ Your Outie may not know how it feels to be an Innie, but they can still come to consensus (every ten minutes on average)
Satoshi turns 50 on April 5th! To celebrate Liana is giving away a free Liana Box. It has everything you need to go from zero to multisig wielding self-custody hero! - signing devices - Cryptosteel capsules - USB flash drives - tamper evident bags - instruction manual - inheritance letter Check it out here: Comment or repost this note to have your npub entered in our drawing. And stay tuned for more opportunities to enter to win! image
GM: take some time today to write down instructions for restoring from your backups (if you haven't already done so). Your heirs might not know as much about #bitcoin as you.