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June 5, 2019 23:53
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"Poor man's hardware wallet"
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For those who cannot afford a hardware wallet, the next best thing is to use Electrum | |
to create a 2-of-2 multisig wallet with one key on your phone and one on your desktop. | |
To use, create the transaction on your desktop client, and then display the QR code | |
for the partially signed transaction. Scan the QR code in your phone's Electrum, | |
sign it, and broadcast with a few taps. | |
Given the added difficulty of a hacker accessing both your desktop and your phone, | |
you get significantly better security and the process of using the wallet remains | |
relatively straightforward. |
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