I was scrolling through the on-chain activity again in the middle of the night and took a look at my wallet. Lately, the group has been arguing about NFT royalties—honestly, it’s pretty interesting. People say creators “live on” royalties, while others say liquidity gets locked up. Either way, both sides make sense, and I don’t really want to pick a side.

Back to the old topic of choosing a wallet. I tried it myself—hardware wallets are definitely solid, but before your assets reach that kind of scale, I find it pretty纠结: you spend a few hundred dollars on a cold wallet, and then it only holds a few thousand USDT, which feels kind of outrageous.

I did some follow-up research on multisig and social recovery. The former is better suited for teams—if you’re doing it solo, it gets troublesome. The latter is kind of interesting: you can find a few reliable friends as “guardians,” but honestly, the trust cost is not low.

Anyway, this is what I’m doing right now: for small amounts, I use a hot wallet plus a Layer 2; for larger amounts, I switch to a hardware wallet. I’m not going to make it an all-or-nothing thing.

In the group, there are brothers who keep pushing multisig as a one-size-fits-all solution—I just think don’t let yourself get “hijacked” by the tool. First figure out what you’re actually trying to hide, then think about how to hide it.

Chatty at midnight—so I’ll stop here.