Bitcoin Multisig Security Demo
See how collaborative security protects your bitcoin from real-world attacks
Choose Your Experience Level
Security Model Comparison
See why TBA's 1-1-1 key distribution eliminates all single points of failure
Single-Sig
(1 key)
(1 key)
Standard Multisig
(Client 2, Provider 1)
(Client 2, Provider 1)
TBA Model
(Client 1, TBA 1, Provider 1)
(Client 1, TBA 1, Provider 1)
Client SPOF Eliminated
โ
โ ๏ธ Client holds 2/3
โ
True 3-party split
Inheritance Planning
โ Seed required
โ ๏ธ 2 client keys
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TBA facilitates
Jurisdictional Protection
โ Single location
โ ๏ธ Client concentrated
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3 jurisdictions
Attack Resistance
โ 1 key = loss
โ ๏ธ Client still SPOF
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Need 2 of 3 parties
Recovery Options
โ Lost = gone
โ ๏ธ Limited
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Multiple paths
Pick Your Poison
Click any attack to see how single-sig gets compromised vs how 2-of-3 vault survives
Fake Wallet Update
"Update now" popup tricks you
Tampered Hardware
Bad device from factory
Fake Wallet App
Wrong download steals secrets
Computer Virus
Finds seed.txt files
Fake Email Wallet
"Quick start" email trap
Fake Security Letter
Physical mail phishing
Free Wallet Scam
Public seed = instant loss
Your Key
Adviser Key
Provider Key
Need 2 keys to unlock
1.5 BTC
Choose Your Setup
Why Three Keys Are Better Than One
What's a "key"? See the FAQ section below for a complete explanation.
Protecting Your Family: Inheritance Planning
Scenario: Client Passes Away
Without Planning
Single-Sig or 2-Key Custody
- Heirs must find seed phrase
- Seeds often lost or destroyed
- No guidance on wallet recovery
- Technical barriers for non-experts
- Bitcoin effectively lost
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With TBA Planning
Collaborative Security
- TBA holds one key independently
- Heirs work with TBA + provider
- Estate plan provides clear instructions
- TBA guides heirs through process
- Bitcoin successfully transferred
How TBA Facilitates Inheritance
1
Estate Plan Created
Client establishes documented inheritance plan with TBA, including heir information and verification procedures
2
Event Occurs
Client passes away; heirs contact TBA with death certificate and estate documentation
3
Verification Process
TBA verifies heir identity and legal authority per estate plan protocols
4
Coordinated Recovery
TBA coordinates with wallet provider and heirs to access bitcoin (2 of 3 signatures from: heir with client's key, TBA, provider)
5
Transfer Complete
Bitcoin transferred to heir's wallet; TBA provides ongoing education and security guidance
Why TBA's Independent Key Matters
True Independence
TBA holds key separately from wallet providerโprevents single company failure
Expert Guidance
TBA educates heirs who may have zero bitcoin knowledge
Documented Process
Clear procedures prevent confusion during difficult times
Jurisdictional Safety
TBA can be in different jurisdiction from heirs, adding protection layer
Advanced Protection: Time-Locked Recovery
Scenario: Provider Disappears
Day 0-89
Requires: 2 of 3 keys
You
Adviser
Provider (missing)
โ Normal operations continue
โ
Day 90+
Time-lock activates: 1 of 2 keys
You
Adviser
Provider (locked out)
โ Full recovery without provider
Why This Matters
No Single Point of Failure
If any party disappears, you're not locked out forever
Time Gives Security
Attackers can't rush transactions; you have time to respond
Guaranteed Recovery
Your bitcoin remains accessible even if services shut down
Inheritance Planning
Heirs can access funds after specified time periods
Real Stories: Why This Matters
Mt. Gox: $450M Lost
2014
Single-sig hot wallets. CEO had full control. Keys compromised over time, funds slowly drained.
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Multisig would have prevented: Required multiple parties to authorize withdrawals. Theft detected earlier. No single point of compromise.
Lost Inheritance: Billions Locked
Ongoing
~20% of all BTC likely lost forever. Owners died without sharing seed phrases. Heirs find hardware wallets but can't access them.
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TBA model solves: Independent key holder facilitates inheritance. Documented estate plan. Heirs guided through recovery process.
Canadian Trucker Protest
2022
Government froze bank accounts and pressured centralized exchanges. Single-jurisdiction custody vulnerable to seizure.
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Geographic distribution protects: Keys in 3 jurisdictions. No single government can freeze all cosigners. Maintained financial sovereignty.
Common Misconceptions
Let's clear up some myths about collaborative security
โ "Multisig is only for institutions and whales"
โ
Reality: Any amount worth protecting benefits from multisig. Services available from $10k+. Cost of loss >> annual fee. Think insurance, not luxury.
โ "I'll lose access if TBA goes out of business"
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Reality: You + provider still hold 2 of 3 keysโsufficient to move funds. Time-locked recovery paths provide backup. TBA shutdown doesn't trap your bitcoin.
โ "Hardware wallet = complete security"
โ
Reality: Hardware wallets protect against digital attacks, not physical loss, inheritance, or $5 wrench attacks. Multisig adds layers hardware alone can't provide.
โ "Multisig is too complicated for regular people"
โ
Reality: You interact with simple interfaces. Providers handle technical complexity. Signing transactions as easy as 2FA login. Simpler than managing seed backup alone.
โ "Not your keys, not your coins" means single-sig only
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Reality: You control YOUR key + 2FA authentication. Cosigners can't move funds without you. You maintain sovereignty with professional backup.
Common Questions Answered
โ Who owns the Bitcoin in collaborative security?
๐ Can TBA or the wallet provider take my Bitcoin without permission?
โ๏ธ What jurisdiction governs the agreements?
๐๏ธ Can the government ban Bitcoin or force custodians to hand over funds?
๐ How does 2FA protect my transactions?
๐ What happens if I lose my key or it gets compromised?
๐ฐ What are the costs of collaborative security?
๐ต๏ธ Does TBA know how much Bitcoin I have?
Your Action Plan
Convert your learning into action with this step-by-step checklist
Complete These Steps
Click to mark as done (saves in your browser)
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Choose Your Experience Level
Start the demo and select beginner, intermediate, or advanced
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Test At Least 3 Attack Scenarios
See how single-sig fails vs multisig protects in real attacks
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Review Inheritance Planning Section
Understand how TBA helps your heirs access bitcoin
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Read FAQ on Ownership & Control
Clarify who owns bitcoin and how 2FA + keys protect you
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Compare Providers & Pricing
Research TBA, Unchained, Theya, Casa fee structures
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Contact TBA for Consultation
Schedule a call to discuss your specific situation: thebitcoinadviser.com