Title: Password encryption Post by: Womble23 on February 27, 2018, 11:20:16 PM eghtfyfyt>Y;9@FqERGRT&ly(:&Ruj$^j746*I&95O^*(p^*(KEytheTH#%^hy
Af`2FR24H65ik9-=J#56Y24T%1#$24h6u4k^*Ol;&);l$H^2$G%!35g424G%g FQwrNIk-=:)?Y>EQGQgf24#%J%&K869l0790;790;tuim46j468i69O870P790p qeg%hy^8kj&%(L^IK5&*k$^j74^J&$^j7u*&(L):-0UPO;yuRYhJ#%678YH2y I am looking to store my password in a way i can remember years down the track. I will have 2 passwords to access my private key. The password is some where in this set of mixed numbers and letters etc. 20-24 characters long. Question: Would this be a good way to store my password? Title: Re: Password encryption Post by: sunsilk on February 28, 2018, 06:51:11 AM Question: Would this be a good way to store my password? Do you mean posting it here in forum? if that is so that's not a good way to store your password.But if I got it wrong and you are only talking about the encryption, I'm not that an expert on it but its a good one if you are going to write it down somewhere and stick on your walls or a place where you are the only who knows it. Title: Re: Password encryption Post by: Xynerise on February 28, 2018, 11:00:34 AM Use a local password manager.
If the password is for a BIP 38 private key, then use a passphrase. Those are easier to store, and you can write them down , or split them into parts using Shamir's Secret Sharing Scheme. Title: Re: Password encryption Post by: hugeblack on February 28, 2018, 04:15:15 PM What kind of wallet did you use? it’s better to save your Private key and seed more than password "You can post your password publicly without mentioning where this password is supported ex: my password is ewrwetew332wetw".
I use these methods to save my important information (private key, seed, and password) 1.https://1password.com/ (https://1password.com/): watch this video to know how this service work https://www.youtube.com/watch?v=mcly2-b1W20 (https://www.youtube.com/watch?v=mcly2-b1W20) 2.https://cryptosteel.com (https://cryptosteel.com): for hardware wallets Title: Re: Password encryption Post by: carlfebz2 on March 01, 2018, 10:34:54 PM Question: Would this be a good way to store my password? Do you mean posting it here in forum? if that is so that's not a good way to store your password.But if I got it wrong and you are only talking about the encryption, I'm not that an expert on it but its a good one if you are going to write it down somewhere and stick on your walls or a place where you are the only who knows it. Title: Re: Password encryption Post by: Womble23 on March 02, 2018, 03:34:35 AM I'd rather recommend store your encrypted wallet, seed or/and password in secure location rather than only remember the password. If you're having difficulty manage your own password, use offline/trusted/secure password manager. Use a local password manager. If the password is for a BIP 38 private key, then use a passphrase. Those are easier to store, and you can write them down , or split them into parts using Shamir's Secret Sharing Scheme. And don't forget to write/keep the encrypted private key ::) Thanks for all the feedback, yes I plan to store the paper wallet version in a safety deposit box at some point. Small holdings currently, when they grow big enough i will buy a Ledger Nano and a safety deposit box for the paper version. I just wanted a secure way to store my crypto locally while the balance is still low. Some good feedback,thanks. Title: Re: Password encryption Post by: Thanasis on March 02, 2018, 06:39:24 AM I'd rather recommend store your encrypted wallet, seed or/and password in secure location rather than only remember the password. If you're having difficulty manage your own password, use offline/trusted/secure password manager. Use a local password manager. If the password is for a BIP 38 private key, then use a passphrase. Those are easier to store, and you can write them down , or split them into parts using Shamir's Secret Sharing Scheme. And don't forget to write/keep the encrypted private key ::) Thanks for all the feedback, yes I plan to store the paper wallet version in a safety deposit box at some point. Small holdings currently, when they grow big enough i will buy a Ledger Nano and a safety deposit box for the paper version. I just wanted a secure way to store my crypto locally while the balance is still low. Some good feedback,thanks. Title: Re: Password encryption Post by: crairezx20 on March 02, 2018, 05:25:49 PM I'd rather recommend store your encrypted wallet, seed or/and password in secure location rather than only remember the password. If you're having difficulty manage your own password, use offline/trusted/secure password manager. Use a local password manager. If the password is for a BIP 38 private key, then use a passphrase. Those are easier to store, and you can write them down , or split them into parts using Shamir's Secret Sharing Scheme. And don't forget to write/keep the encrypted private key ::) Thanks for all the feedback, yes I plan to store the paper wallet version in a safety deposit box at some point. Small holdings currently, when they grow big enough i will buy a Ledger Nano and a safety deposit box for the paper version. I just wanted a secure way to store my crypto locally while the balance is still low. Some good feedback,thanks. Since he choose to use paper wallet to hold bitcoin i think its a right way to save bitcoin safety for long time.. then if he planning to get more secured wallet hardware wallet like ledger nano S would be the best option.. Title: Re: Password encryption Post by: Patatas on March 02, 2018, 07:21:06 PM eghtfyfyt>Y;9@FqERGRT&ly(:&Ruj$^j746*I&95O^*(p^*(KEytheTH#%^hy No this is definitely not a good way of storing passwords.You are simply creating another layer of password to remember your old password with bunch of numbers and keys which technically at some level is encryption.Sadly,if you forget your combination of the new layer,your original password will be unrecoverable.Get a password manager or something if remembering passwords is that big of a problem for you.Af`2FR24H65ik9-=J#56Y24T%1#$24h6u4k^*Ol;&);l$H^2$G%!35g424G%g FQwrNIk-=:)?Y>EQGQgf24#%J%&K869l0790;790;tuim46j468i69O870P790p qeg%hy^8kj&%(L^IK5&*k$^j74^J&$^j7u*&(L):-0UPO;yuRYhJ#%678YH2y I am looking to store my password in a way i can remember years down the track. I will have 2 passwords to access my private key. The password is some where in this set of mixed numbers and letters etc. 20-24 characters long. Question: Would this be a good way to store my password? Title: Re: Password encryption Post by: Hazir on March 02, 2018, 07:54:09 PM Op, why don't you simply store this password offline - just write it down on the piece of paper and hide somewhere.
Paradoxically it is probably the best option to store securely your password. Even if someone will find it, they wouldn't have an idea what is it really. Title: Re: Password encryption Post by: Womble23 on March 03, 2018, 04:42:54 AM Op, why don't you simply store this password offline - just write it down on the piece of paper and hide somewhere. Paradoxically it is probably the best option to store securely your password. Even if someone will find it, they wouldn't have an idea what is it really. I am living in my campervan, so that is not an option with out a safety deposit box. Stashing the password on paper somewhere in the van is not good, the van could get stolen. No this is definitely not a good way of storing passwords.You are simply creating another layer of password to remember your old password with bunch of numbers and keys which technically at some level is encryption.Sadly,if you forget your combination of the new layer,your original password will be unrecoverable.Get a password manager or something if remembering passwords is that big of a problem for you. Well I have the combination hidden in the 4 lines to help me remember, and i make it a rule to regularly open the file with the passwords, so far so good. This is not something you forget, were talking big money at some point. Because I will be trading a bit, I will be accessing the file a lot, so no worries. I have the secret combination to the password hidden in the mixed field, so i will not forget it. The Nano ledger will come soon anyways, and a safety deposit box for the seed. Obviously the original post is not the password, and is just an example. I only ever access the file from a live cd. All I have to remember is a simple combination of 4 characters, not 24 numbers, letters etc. Makes it really easy to remember, and if i forgot the combination it is written in the field anyways. I reckon it is a really good way to store the password. Title: Re: Password encryption Post by: pooya87 on March 05, 2018, 05:35:10 AM ~ and i make it a rule to regularly open the file with the passwords, so far so good.~ this is both a good and a bad thing to do. you said you are using a live CD but it is still a tough process to open up a secure environment each time, install the required tools (for example a wallet that opens your wallet.dat file or reads your seed,...) and type in your password or encrypted seed. it is a long process and you may make a mistake at some point if it is repeated over and over again. we sometimes become less careful when we do some repetitive task. Title: Re: Password encryption Post by: swogerino on March 06, 2018, 05:57:21 PM There is no general rule of how to store your password but there are a few hints of what a good password really is.
1. Something that makes sense only to you 2. Be as long as possible in characters, I use complex passwords, will show an example below. 3. Make sure that although these can be words cannot be identified in any dictionary. Personal example of a strong password I have used before but not since today because I am sharing here. Password: GandinoSuikoden!Xtreme@bitcoin First word is a country from a game Dragon Quest VI Second word is the title of a Playstation series game Exclamation mark and the word Xtreme are something I use often @bitcoin can easily be remembered by a bitcoin user but cannot be easily brute forced when is part of 30 characters password. Title: Re: Password encryption Post by: Oceat on March 08, 2018, 06:27:09 PM ~ and i make it a rule to regularly open the file with the passwords, so far so good.~ this is both a good and a bad thing to do. you said you are using a live CD but it is still a tough process to open up a secure environment each time, install the required tools (for example a wallet that opens your wallet.dat file or reads your seed,...) and type in your password or encrypted seed. it is a long process and you may make a mistake at some point if it is repeated over and over again. we sometimes become less careful when we do some repetitive task. |