Nunchuk Introduces Automated Wallet Rollover with Advanced Coin Control
Nunchuk is a Bitcoin multisig wallet with premium features such as inheritance planning, scheduled transactions, emergency lockdown, and more.
- "We are excited to introduce a significant update to Nunchuk: the new Wallet Rollover feature. This powerful tool provides a comprehensive solution for migrating from an old wallet to a new wallet while maintaining your preferred coin management strategy," announced Nunchuk.
What's new
- Automated wallet rollover. Migrating from an old wallet to a new one has been manual, requiring careful transaction and coin control by users. Nunchuk's Wallet Rollover feature automates this process, reducing errors and saving time. Its advanced coin control management offers exceptional granularity and privacy techniques not seen in other Bitcoin wallets.
- The Wallet Rollover feature functions independently and can be used in various situations involving fund transfers between wallets, including key replacement processes.
- Transfer between any wallet types (single-sig to multi-sig, vice versa, or between different multi-sig configurations).
- Preserve coin segregation strategy during transfers.
- Enhance privacy further through randomized broadcast of the rollover transactions.
- To initiate a wallet rollover, navigate to: The wallet you want to migrate from > View wallet config > More menu > Roll funds over to another wallet.
- Advanced Coin Control During Rollover. This feature allows users to preserve their coin segregation strategy when migrating to a new wallet. Whether for privacy, accounting, or other purposes, users can maintain their organizational structure during the wallet transition.
- To uphold your coin segregation strategy, the rollover feature may generate multiple transactions. Users can weigh this trade-off based on their specific privacy needs and cost considerations.
- For improved privacy, it’s advisable to broadcast these transactions at random intervals instead of all at once, which helps obscure the link between the old and new wallets.
- Subscribers can take advantage of an automatic randomized broadcasting feature that further enhances transaction privacy.
- Portal device integration.
- Key replacement for unassisted wallets.
- Bug fixes and improvements.
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