3 of 3
Becomes
2 of 3
Becomes
1 of 3
Overtime.
Meaning if you lose two keys in a traditional 2 of 3 multisig you’re fucked, but in a decaying multisig you can still recover if you have 1 key left.
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Have you tried this yet?
Losing keys in multisig is one thing but I am more nervous about how to rebuild the wallet from scratch if you don't have the file saved or all the xpubs to rebuild
Tip of the iceberg.
Having a compromised key sounds quite scary in this situation.