btconboard #LNHANCE or #CTV @btconboard #LNHANCE or #CTV - 9d
GM! If you have Bitcoin in a multisig wallet and you don’t understand what a descriptor is and have redundant backups of your descriptor then it’s only a matter of time until you lose your Bitcoin.
Xpub and descriptor are different. High level: for a multisig wallet you need ALL of the public keys for every spend, for a single signature wallet, you only need your private key. For anything more complex than a single signature wallet you need to understand how the wallet was set up. So even if it’s a 2 of 3 that means you only need 2 of the 3 private keys, but you still need all 3 public keys. So in this example you would need all 3 xpubs. Here is a good primer https://blog.casa.io/introducing-wallet-https://m.youtube.com/watch?v=ePx5lBSI0es
Sorry links got cut off https://m.youtube.com/watch?v=ePx5lBSI0es https://blog.casa.io/introducing-wallet-descriptors/
