Simple multi-sig transaction approval using another Device (another phone, your browser etc
Using another device connected to the same wallet,
sign a multi-sig transaction to add another layer of security.
This means, if enabled, you need to approve the transaction on two phones.
(Similar to how if you log in to a new device on google, it will ask you to confirm that on another device which is already signed in)
So if you are held up at gunpoint for your crypto, you cannot be forced to transfer out the crypto unless the other phone is also accessible (and that other phone would probably be secured at home).
- You set on Metamask, for transactions over $1000 in value use multi-sig
- You select your other device to sign the 2nd part of the multi-sig key
- When you send a $1000 transaction on your main device, on your secondary device a pop up will ask you if you want to sign the transaction (using multi-sig)
Please like or reply to this if you want to see this implemented!