RecipesWallets
Wallet Types
| Type | Value | Description |
|---|---|---|
| AMP | amp | Liquid restricted transactions with 2-of-2 multisig |
| Single Signature | single_sig | Standard single-key wallet |
| K-of-N Multisig | kofn_multisig | Customizable multi-signature wallet |
Wallet Type Decision Flow
Choosing the Right Wallet Type
Each wallet type serves different use cases. Choose based on your security requirements, network needs, and operational complexity:
| Use Case | Recommended Type | Why |
|---|---|---|
| Asset issuance on Liquid | AMP | Required for restricted transactions and Liquid-specific features |
| Simple Bitcoin storage | SingleSig | Minimal complexity, fastest transactions |
| Corporate treasury | K-of-N Multisig | Requires multiple approvals, prevents single points of failure |
| Trading/Exchange integration | AMP or SingleSig | Balance between speed and security |
| Cold storage | K-of-N Multisig | Maximum security with distributed key holders |
| Development/Testing | SingleSig | Easy to set up and debug |
Security vs. Complexity Trade-off
- SingleSig: Fastest to set up, single point of failure
- AMP: Built-in 2-of-2 multisig, restricted transactions, Liquid-only
- K-of-N Multisig: Most secure, requires coordination between signers