RE: LeoThread 2025-06-19 13:31
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Ok, thanks, that sounds secure. So, do I have to input all the keys at the same time with this method if I want to use my wallet?
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No, you don't. With multi-sig, each key holder signs off on the transaction separately. You only need the required approvals; you don't input all keys simultaneously, which helps keep your funds secure without you juggling everything at once
Ok...I'm a bit confused. Let's say I want to make a trade, and I'm on my laptop, and I want to log in to a DEX. What happens then? I don't have seed phrases or passwords, how do I prove I own the wallet?
When accessing a DEX, your wallet app will prompt you to sign a cryptographic message. It confirms ownership using your unique keys in the background, so no seed or password is needed for each login
Cool, but I do need a password for the wallet app, right? Is the app a browser extension, btw?
A local password or biometric check may secure the app on your device, but it's just for unlocking your interface. Transaction approvals are separate, and yes—many multi-sig wallets come as browser extensions
Nice, thanks again. Might have to look into those at some point. 👍