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June 24, 2017, 07:31:43 PM |
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Well, what's the worse case scenario? I mean if my wallet gets hacked on my computer, phone etc, or the exchange or whatever gets hacked, or I lose it, or it breaks, or whatever, then I'm broke. That's never going to happen to me, so several wallets is necessary IMO. Or several keys is necessary. I need some training on this subject.
I'm not sure though if I need multiple offline wallets which are hardware wallets, or what is the bare minimum I need to diversify locations to my coinage? For instance can't I just generate a series of keys, put them on paper, and store or bank them that way? No EMP or Solar Flares or idiot government f-ups with HAARP or the Wireless Towers can mess that up.
So basically the wallets store the keys for each kind of coin, right? What if I want a series of keys made for the same kind of coin, so for example I have a bunch of an altcoin, but I don't want it all tied to one source, so how do I partition the key, so that I have a series of keys? Diversify.
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