this post was submitted on 02 Nov 2023
53 points (94.9% liked)
Monero
1675 readers
28 users here now
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It may make sense to store CSS funds in another coin that is more multisig/offline singing friendly until we have an easy to use mutisig in monero. Then convert to XMR for payouts.
If crypto experts cannot keep funds safe then the average user has no hope.
What problems are there with Monero's multisig implementation?
Well, they were not using multisig on a team controlled wallet with 2.6k XMR, that tells you all you need to know about the multisig implementation.