Self-custody
Direct control of the keys needed to spend bitcoin, with responsibility for verification, backup and recovery.
SECSOURCE-LED TOPIC GUIDE
Connect key protection, Seed Phrase, recovery and Multisig. Distinguish technical control of funds, legal entitlement and custody’s operational risks.
You authorize spending through your own keys and script conditions. Technical ability to sign does not by itself establish legal ownership. A Seed Phrase enables recovery of derived keys in a supported format. The words are not attached to a transaction or sent to the network. Recovery requires the correct words, order, format and any passphrase. Derivation paths, address types and configuration may be needed to find all funds. Multisig can distribute signatures across devices or people. The required signature threshold and available backups determine whether you depend on another party.
Leaked words can threaten many accounts; any passphrase's strength and secrecy affect the risk. Do not invent or translate the words, or send them to support or a website requesting “verification”. Assess custody arrangements against specific threats and a verified recovery procedure. Buying a device alone does not address every way funds can be lost. Linked entries have their own sources and reviews.
A curated path from first principles to the details that matter.
Direct control of the keys needed to spend bitcoin, with responsibility for verification, backup and recovery.
A secret scalar that can authorize spending under a corresponding public key.
Recovery words, wallet backups, safe storage, recovery checks and the scams that steal bitcoin.
A dedicated signer that keeps private keys away from the general-purpose host computer.
A spending policy that requires a threshold of several keys instead of one signature.
A watch-only wallet tracks a defined set of Bitcoin scripts and can derive addresses, detect receipts and prepare unsigned transactions without containing the private keys required to spend. Its usefulness depends on importing the complete wallet policy—not merely one visible address—and on obtaining trustworthy chain data.
Definitions, mechanisms, people and source data connected to this field.