Bitcoin self-custody & succession · Australia Your keys. Your plan.
One that outlives you.

Quorum Practice are bitcoin self-custody and succession consultants, working with individuals and families across Australia. Multi-signature custody, heirloom estate plans and private nodes. We never hold your keys — we teach you to build it yourself, so you finish understanding every step.

Two minutes, six questions. Or read how it works

IndependentNo financial adviceNo crypto soldNo custody
□ □ □ awaiting signatures · 2 of 3 required
Services

Three tiers. Start with custody, add the rest when you're ready.

Every engagement begins with multi-signature custody, because until no single key can move your bitcoin, nothing built on top of it is secure either. Multi-signature also introduces one new thing to protect — the blueprint recording how the keys fit together — and backing that up properly is part of the build. Succession planning and a private node build on that foundation and can be added at any time, including well after your custody is in place. Each tier is priced separately and confirmed on your free call. New to this? Start with what self-custody actually means.

TIER 1 · ESSENTIAL · START HERE

Multi-signature custody

A wallet that needs two or more keys to move anything, kept on separate devices in separate places. Lose one key, or have one stolen, and your bitcoin is still safe and still recoverable.

If your bitcoin is on an exchange, or behind a single key in a phone app, this is the part that shouldn't wait.

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What's included. A custody design covering how many keys you hold, where each one lives and who is trusted with what. Two sessions: one where we build a practice wallet together and throw it away, and one where you build the real one yourself. A check of every backup before a single unit is moved. A plain-English recovery guide you keep.

You learn it, you don't just receive it. The first session is a rehearsal on a practice wallet, which we wipe together at the end. Then you build the real one on your own, in your own time, with nobody watching. That is the point of doing it this way: if you can build it once without us, you can rebuild it any time, and nothing you own depends on us being reachable.

Hardware. We order sealed devices from the manufacturer and have them shipped directly to you. They never pass through our hands, so we never have physical access to them. You then verify the device is genuine yourself as part of the first session. We'll usually suggest a post office or parcel locker rather than your home — partly so nothing sits on a doorstep, and partly because keeping your address out of one more company's records is the same habit we apply everywhere else in your setup.

Why bitcoin only. Multi-signature is written into bitcoin's own rules, so the arrangement is enforced by every computer on the network and fixed the day it is created. Almost everywhere else it is a program somebody deployed, on one chain at a time, that can be rewritten later. That means you can spread your keys across devices from different manufacturers, have each device confirm the arrangement independently, and still recover everything using software from someone else entirely. Other networks can do multi-signature too, but as a contract somebody deployed rather than a rule the network itself enforces. Bitcoin is the model we have chosen to specialise in, and we would rather narrow what we do than sell you a version we cannot stand behind.

Format. Sessions are usually done over a video call. Face to face is available on request.

Typical design. Three keys, any two needed to spend — two hardware devices in separate places plus one on your phone. Larger holdings or several people involved: five keys, any three needed.

Already own a hardware wallet? You're ahead of most people. If yours is compatible it simply joins your quorum as one of the keys — no need to start again.

What is self-custody, and why multi-signature? →

Priced per tier · confirmed on your call
TIER 2 · ADDS TO TIER 1

Heirloom estate plan

A written, rehearsed plan so the people you leave behind can find, access and move your bitcoin, without needing to understand it and without any one of them being able to take it alone.

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What's included. A record of who holds which key and where each backup lives. Step-by-step instructions your executor follows on the day. A recovery drill with the people named in the plan, so the first time they do it is not the time it matters. A sealed heirloom pack.

Execution documents. We prepare the technical execution documents your will refers to: what exists, where it is held and exactly how it is accessed, in language an executor can follow.

Your solicitor, or ours. Use your own solicitor to incorporate the plan into your will, or we can introduce you to a solicitor we work with who is familiar with bitcoin. Either way the legal work stays with a solicitor. We supply the technical documents they build on.

Priced per tier · requires Tier 1
TIER 3 · ADDS TO TIERS 1 & 2

Private node

Your own copy of the bitcoin ledger, running on a small device in your home. Your wallet checks its own balance and sends its own transactions without asking anyone else's server.

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Why it matters. Without your own node, your wallet asks a company's server "what is in these addresses?" every time it opens. That server now knows your addresses, your balance and your internet address, and can log, sell or leak them. With your own node, that question is answered by a machine you own, so no company builds a picture of your addresses and balance. Your node still talks to the rest of the network to stay in sync, so this is a large reduction in what you expose, not total invisibility.

What's included. The device, shipped sealed directly to you. Installation, connection to your wallets and a walk-through of how to keep it running. A follow-up check after 30 days.

Format. Usually a video call. Face to face is available on request.

Priced per tier · requires Tiers 1 & 2

Most clients start with Tier 1 and add the others once their custody is settled. Nothing about a later tier requires redoing an earlier one.

Why Quorum Practice

Hackers are the risk people plan for. A single point of failure is the one that gets them.

There is no bank to call. If the only copy of a key is lost, or the only person who understood the setup is gone, the bitcoin goes with them. Most of what has been lost was never stolen at all.

3.7Mbitcoin at the top of the estimated range for coins lost for good — up to one in six of every coin that will ever exist. Most of it to lost keys and forgotten recovery words, not theft.Chainalysis · estimates range 1.6M–3.7M
US$3.4Bstolen in hacks and thefts in 2025, the worst year on record. A single exchange breach accounted for US$1.5B of it.Chainalysis 2026 Crypto Crime Report
850,000customer bitcoin lost when the Mt. Gox exchange failed in 2014. Coins left on an exchange are a promise from a company, not something you hold.Mt. Gox bankruptcy filings, 2014
8,000bitcoin on a single hard drive in a Newport landfill since 2013. One device, one copy, no plan.UK High Court, 2025
THE RISKA lost key, a forgotten passphrase, a device in a drawer that stops working.
OUR ANSWER

Multi-signature custody. Three keys in three places, any two can spend. Losing one is an inconvenience, not a catastrophe.

THE RISKYou are the only person who knows how any of it works.
OUR ANSWER

An heirloom plan. Written, rehearsed and sealed, so your executor and family can act without you, and no one of them can act alone.

THE RISKTrusting a company with your coins, or with knowing what you hold.
OUR ANSWER

Your own keys and your own node. Nothing sits with an exchange, and nobody's server learns your balance.

Leaving bitcoin

Bitcoin only passes on if the next person can find it and unlock it.

A bank account has a branch, a statement and a process. Bitcoin has none of those. It sits behind keys, and if the keys go with you, so does everything they protect. Australia has no separate inheritance tax, and in most cases bitcoin passing to a beneficiary is not taxed at the moment it passes — the tax question is deferred until they sell. But that is the common case, not a rule: if the estate sells the bitcoin itself, or a beneficiary lives overseas, capital gains tax can arise earlier. Which of those applies is a question for your accountant.

WHAT THE HEIRLOOM PACK CARRIES

Which keys are where and who holds them. A step-by-step your executor can follow. Your purchase records — what the bitcoin cost and when — so your accountant can work out any future tax on the gain rather than the full amount. And notes for your solicitor on the questions that change the outcome, such as whether the bitcoin passes to your family directly or is sold by the estate first, and whether anyone named in the will lives overseas.

General information, not tax or legal advice. Your accountant and solicitor make those calls. The pack gives them what they need.

Figures rounded. Sources: Chainalysis 2026 Crypto Crime Report; Chainalysis and River Financial lost-supply research; Mt. Gox court filings; Howells v Newport City Council; Australian Taxation Office guidance on inherited assets and capital gains tax. Estimates of lost coins vary widely because a dormant coin cannot be told apart from a lost one.

How it works

From first call to a rehearsed handover.

Four stages, in order. Nothing is created until the design is agreed, and nothing is finished until your successors have recovered it themselves.

STAGE 1

Free call back

What you hold, where it sits today and who it is eventually for. Enough for us to point at the weakest link and tell you plainly whether we can help and what it would involve.

15–20 min · free · we ring you, no obligation
STAGE 2

Custody design

How many keys, which devices, where they live, how each is backed up and who holds what. A one-page plan you sign off on before anything is built.

1 week · written plan
STAGE 3

Learn it, then build it

Your hardware arrives sealed from the manufacturer, shipped straight to you. In the first session we build a practice wallet together and wipe it at the end. In the second you build the real one yourself, unwatched. You do every step both times, and we never see or touch a key.

Two sessions · video call or in person
STAGE 4

Rehearsal & handover

A recovery drill with the people named in your plan, then the sealed heirloom pack and your executor's instructions.

2 hrs · with successors
What we're not

Clear lines, so you know exactly what you're paying for.

Not a financial adviser

We never tell you what to buy, sell or hold, or when. We help you keep what you already own secure, and able to be passed on.

Not an exchange

We don't sell crypto or take payment for assets. Where you acquire them is your business.

Not a custodian

We never hold, see or copy a key, recovery words or passphrase. If we could recover your funds, so could someone else.

Free call back

Pick a time. We ring you.

Choose a slot that suits you below. James calls you on it and you talk for fifteen or twenty minutes. No cost, no obligation.

  • The call comes from 0448 276 026. Worth saving so you know who is ringing — or call it yourself if that is easier.
  • No sales pitch. You will finish the call knowing where your biggest gap is, whether or not you decide to work with us.
  • Bring nothing sensitive. We never ask for balances, addresses, recovery words or device PINs.
  • Executors, family members and advisers are welcome to join.

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3 Where to call you

We’ll ring you on the number above at the time you pick. Please don’t include anything sensitive — we never need balances, addresses or recovery words.