diff --git a/backups/README.md b/backups/README.md index 19e6fdc..44e7dc4 100644 --- a/backups/README.md +++ b/backups/README.md @@ -1,6 +1,6 @@ # Single seed multi-location backup schemes -The aim is to create 3 packages of cryptographycally secure +The aim is to create 3 packages of cryptographically secure backups where the funds cannot be recovered from any single package, but can be recovered with the combination of any two. Can be thought of as a physical 2-of-3 multisig solution.