Want daily 2-of-2 security without risking lockout? In this step-by-step guide I set up an expanding multisig in Liana Wallet: two primary signers for everyday spending, plus a time-locked recovery key that only activates after the delay you choose (we use 1 year). We’ll use Ledger, BitBox, and Coldcard, back up the encrypted descriptor, register policies on each device, connect to Bitcoin (your own node or Liana Connect), verify receive addresses on-device, and send a test transaction.
You’ll learn
Why 2-of-2 + timelocked recovery beats single-sig and shared seeds
How to add Ledger & BitBox as primary keys and Coldcard as the delayed recovery key
Backing up the encrypted descriptor safely (portable, cloud-friendly)
Registering policies on hardware wallets & verifying addresses
Connecting to Bitcoin: your node vs Liana Connect
Sending a real transaction and confirming both signatures
Tools shown
Liana Wallet (desktop)
Ledger, BitBox, Coldcard
Try it
Have questions about descriptors, inheritance, or running your own node? Drop them in the comments and I’ll make follow-ups.
00:00 Introduction to Expanding Multisig Wallets with Liana
00:37 Setting Up Keys: Primary and Recovery Keys
02:07 Configuring Recovery Time and Backing Up Descriptors
02:58 Registering Descriptors on Hardware Devices
03:33 Connecting Liana Wallet to the Bitcoin Network
04:46 Sending Funds and Verifying Addresses
06:01 Signing and Broadcasting the Transaction
07:06 Understanding the Recovery Key Functionality