backups: update readme

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openoms
2020-04-02 14:43:26 +01:00
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# Single seed multi-location backup schemes # 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, backups where the funds cannot be recovered from any single package,
but can be recovered with the combination of any two. but can be recovered with the combination of any two.
Can be thought of as a physical 2-of-3 multisig solution. Can be thought of as a physical 2-of-3 multisig solution.