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1  Bitcoin / Wallet software / Wallet Features That Are Missing but Essential on: November 06, 2021, 12:23:22 AM
Hello,

I have been looking for a crypto wallet that only shows you the recovery words once during the creation of the wallet. After that I want the wallet to NOT be able to show me the recovery words. Almost every wallet has a section where it says view recovery words and you put a pin/passcode or whatever and it reveals your 12/24 word recovery.
Is there a wallet that supports this? And if there is, is there a wallet that requires 2FA (google auth) to send crypto out? I know some wallets have 2FA but it's useless if you could just bypass that by clicking on the view recovery words lol.


Goal:

Basically, I am trying to have a wallet that has 2 users with 1 of the users being the admin essentially. User 1 (admin) creates the wallet and stores the recovery words offline or whatever. User 2 has access to the wallet but can only send crypto out with 2FA obtained from User 1. A pin won't work because then withdrawals can be done whenever User 2 wants, the withdrawal basically has to be agreed by both but User1 with more power per see.


Use Cases:

If a parent wants to monitor kids spending (considering crypto is used as dollars would be in this scenario) then the kid takes out his phone checks his app to see if he has enough money for the candy he wants then pays with his crypto but to send it she needs to call mommy or daddy to get the OTP (google auth) code to be able to send. A pin/passcode lock would enable the child to buy candy whenever she wants and if the wallet app reveals your recovery words the child will just recover her words in another wallet.


Anybody seen a wallet/app that supports any feature described above?
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