Vitalik: More than 90% of personal funds are kept in multi-signature wallets to avoid risks such as loss of mnemonics

Netizens discussed the importance and precautions of using hardware wallets on the X platform, and mentioned some risks, such as the mnemonic being discovered by others and forgetting where the mnemonic is hidden. In this regard, Vitalik Buterin commented: "This is why I use multi-signature (Safe) to keep more than 90% of my personal funds, M-of-N scheme, some of the keys are held by you (but not enough to prevent recovery), and the rest are held by others you trust. Don't reveal the identity of others, and even these people should not reveal their identities to each other."