Bitkey Explains Move Away From Seed Phrases

Bitkey, a project by Block, has replaced traditional seed phrases with a 2-of-3 multi-signature recovery system. The design utilizes an app key, a hardware key, and a Block server key to balance security with recoverability. Clay Garrett, lead at Bitkey, discussed the technical trade-offs, including cloud backup, inheritance features, and the integration of FROST prototypes.