@SpecterDIY's latest version now displays something no other hardware wallet (AFAIK) currently shows in Bitcoin transactions: Relative Locktimes.
Locktimes may not matter much for day-to-day spending, but they become important when working with pre-signed transactions intended to be broadcast in the future - for example in a Timelock Recovery plan, where you should verify the cancellation period between the initiation and final transfer of funds.
In this video, we will:
1. Create a Timelock Recovery plan using
@SpecterWallet (Specter Desktop - available on
@umbrel) together with the
@SpecterDIY hardware wallet.
2. Export the pre-signed transactions in
#BIP128 JSON format.
3. Import the file into the RITREK Android app for monitoring.
4. Learn how to execute the recovery-plan both with the RITREK app and without it.
5. Lean how to cancel the recovery-plan within the cancellation period, after it was initiated.
If you're hodling BTC for the far future behind a complicated multisig/SLIP39/passphrase setup, and you're worried your future self, or your inheritors, may struggle to recover it safely - this video is for you!