TordlWalletProtocols VS bips

I really recommend you read a well designed guide for storing bitcoin like The Tordl Wallet Protocols. It gives very helpful guideance on how and why store your bitcoin in certain ways.

I highly recommend you follow a guide like The Tordl Wallet Protocols which are holistic guides to storing your bitcoin. They include guidance on inheritance that will make it so your wife can access your bitcoin - in the worst case scenario with help she is informed to be careful about.

Coldcard works great. Tho I'm pretty disappointed coldcard renegged on having its firmware open source. I might recommend that if you have multiple types of hardware wallets, you might want to consider a multisig wallet that incorporates your ledger and your coldcard. The Tordl Wallet Protocols have holistic guides on how to do that. A ledger+coldcard multisig wallet is far far more secure than a single-sig wallet of any kind.

While you're thinking about ways to level up, you might be interested in reading through some of The Tordl Wallet Protocols, a holistic set of guides for how to securely store your bitcoin. Its got info in there about multisig bitcoin storage, inheritance, and other nice info. Coldcard is nice, but if you really want to elminate all single points of failure, you need to go multisig. If you have more than $5000 in bitcoin, I'd recommend thinking about it.

Muun doesn't seem to have very clear documentation, but it definitely supports Trezor at least. I'd definitely recommend you upgrade your security using a hardware wallet. The Tordl Wallet Protocols are a good resource for that.

First of all, yes, the largest thing you didn't mention is legal transfer of your Bitcoin. I'm many jurisdictions, a holographic will is probably your easiest solution to this (tho not all jurisdictions recognize them, so check). I'd recommend reading the inheritance guidance in the Tordl Wallet Protocols.

You should first study methods that security experts have developed and published. A good resource for everyone is the Tordl wallet protocols: https://github.com/fresheneesz/TordlWalletProtocols

Definitely record where you've put any wallet information where your heirs can access it. Definitely use a metal plate for your seed. Its pretty cheap generally too (eg the blockplate or steelwallet)

You could also go full self-custody by following a guide like The Tordl Wallet Protocols.

I like electrum on desktop (lots of nice featuers and battletested) and Phoenix as a mobile lightning wallet. If you're trying to figure out a good way to self-custody I'd recommend checking out The Tordl Wallet Protocols - holistic guides to how to self-custody your bitcoin.

Modern bitcoin addresses use a base-32 character set that leaves out some of the most ambiguous pairs and also permutes the address ordering so that the most visually similar remaining characters produce single bit errors which are better handled by the addresses error detecting (and potentially correcting) code.

https://github.com/bitcoin/bips/blob/master/bip-0173.mediawi...

Context: Bitcoin miners have just adopted a 50% pay cut for themselves. This pay cut was baked into Bitcoin protocol at the launch of the network (mostly, see "BIP 42" [1]). The OP link gives information about the block in which this pay cut was made.

I get that HN comments tend to dismiss Bitcoin. But the fact that for the fourth time this pay cut has happened without a hitch speaks volumes to what makes Bitcoin interesting: It's a rare combination of economic incentives and technology that keeps chugging. Nobody can stop it. And it's extremely resistant to change. It requires no governmental approval. All attempts at subversion or interference have failed. There aren't many things that come close to that kind of record.

[1] https://github.com/bitcoin/bips/blob/master/bip-0042.mediawi...

Bitcoin transactions involve locking funds in scripts, which can only be spent if those locking conditions are met. The part of the script that expresses these locking conditions are called ScriptPubKeys. On the other hand, the part that provides unlocking scripts to satisfy the locking conditions is referred to as ScriptSig for legacy transactions, and ScriptWitness for SegWit Transactions. These scripts are evaluated by a stack-based language called Script. This article will mainly focus on ScriptPubKeys.

Here’s the reference https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki

There are 5 271 537 971 301 488 476 000 309 317 528 177 868 800 possible permutations of the bip39 wordlist found here: https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt when using 12 word seeds. You probably have better change to win the lottery every week for the rest of your life than cracking a 12 word seed in correct order

No one controls Bitcoin, because it's a protocol. Bitcoin Core is the reference implementation, but there are others, and anyone can create new implementations if they wish. Also, the Bitcoin Core maintainers can't just change something on a whim, because users would then switch to another fork. Maintainers (or miners or other groups) can't force their changes on users, because everyone can decide on their own which version they want to use.

The protocol development happens through BIPs (Bitcoin improvement proposals): https://github.com/bitcoin/bips

BIPs are discussed for years, before (and if) they are implemented, and basically everyone needs to agree on them, because no one wants to fork the blockchain, which could be devastating.

All the seeds generated from the CoolWallet (Number / Word) adhere to the BIP-39 protocol.