Shamir’s Secret Sharing is a general solution for splitting secrets. Bitcoin multisig is superior for for its specific applications though. The biggest reasons are:
1. There is never one single key with full control. This is a huge vulnerability with SSS.
2. More flexibility, by allowing differing k-of-n subsets in combination with timelocks and other Bitcoin script features.
1. There is never one single key with full control. This is a huge vulnerability with SSS.
2. More flexibility, by allowing differing k-of-n subsets in combination with timelocks and other Bitcoin script features.