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Update multisig.md (#1334)

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@ -3,6 +3,13 @@ title: Multisignature and Ledger hardware wallets
category: powerusers category: powerusers
--- ---
**Important announcemnt**
Curently support for hardware wallets is broken cause the "derivation path is unusual" error. Read more [here](https://github.com/spesmilo/electrum/issues/6511) .
If you have LBRY App version under 1.4.6 installed into Ledger device you can still use LBRY Vault without any problems.
For users with App version 1.4.6+ is recomended to **backup wallet file** . If you lose this file you won't be able to recreate it.
You can still can send and recive LBC into Ledger Device but you will need approve "The derivation path is unusual" error multiple times.
We will update this page once problem gets fixed by Ledger and Electrum Teams.
This guide is meant for power users and those who want to store LBRY Credits on their [Ledger Hardware devices](#HW) before official support is added. This guide is meant for power users and those who want to store LBRY Credits on their [Ledger Hardware devices](#HW) before official support is added.
If you are participating in the LBRY Swarm program, this solution will allow you to store LBC at a multisignature address which typically requires more than 1 person to sign off on a transaction before it's sent to the network. **It is important to test a single small transaction incoming and outgoing before using the wallet to store larger amounts. Also make sure a backup is taken (see instructions below).** If you are participating in the LBRY Swarm program, this solution will allow you to store LBC at a multisignature address which typically requires more than 1 person to sign off on a transaction before it's sent to the network. **It is important to test a single small transaction incoming and outgoing before using the wallet to store larger amounts. Also make sure a backup is taken (see instructions below).**