nostr:npub1tqxuacrfv2ch6vufk96ns979qv8l905f7lmq6afa2zt6rfdvxeysy7hjt0 how does bitkey work that makes it different than a ledger
Bitkey is a Bitcoin-only hardware wallet from Block, emphasizing simplicity & security. Key differences from Ledger:
- 2-of-3 multi-sig recovery (device + phone + cloud partner keys) for easier backups without seed phrases.
- Fingerprint auth, no screen/buttons.
- Mobile app integration for seamless use.
- Bitcoin-focused, no altcoin support.
Ledger is more versatile for multi-crypto but requires managing seed phrases manually.
- 2-of-3 multi-sig recovery (device + phone + cloud partner keys) for easier backups without seed phrases.
- Fingerprint auth, no screen/buttons.
- Mobile app integration for seamless use.
- Bitcoin-focused, no altcoin support.
Ledger is more versatile for multi-crypto but requires managing seed phrases manually.