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Author Topic: Secure your private keys  (Read 422 times)
BlackHatCoiner
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August 12, 2021, 06:12:25 PM
 #21

I won't concern you (a lot); I understand that you didn't really want to create this from the way you've written it. I just want to reply to this:

The keys are represented by a series of alphanumeric characters, making them difficult to memorize and hack.
The keys are numbers. You can represent them in alphanumeric characters, bits, even colors! They aren't meant to be memorized and they can't be hacked. The correct formulation would be to get compromised.

I've personally seen a decent uptick in "bounty hunter" accounts trying(and failing miserably) to create these so called "guides" since the past few days.
But why? Why would a bounty hunter want to create a guide here since their incentive is outside the forum? Also, why does the majority of the bounty hunters prefer not to pay a little more attention to their knowledge than to their pockets?

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batang_bitcoin
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August 12, 2021, 10:25:47 PM
 #22

Is it the idea of scattering your tokens and coins in different wallets so that when the other got hacked, you will still have the others on set and safely kept?
Well, if that's your worry. Just buy a hardware wallet because it's going to ask a direct confirmation from the hardware itself before you'll be able to withdraw your funds.
In fact, no. Using a hardware wallet or any other type of wallets won't make any difference in this case. if you have all your coins stored on the same device and you lose or break it, all your coins will be lost if you didn't back up your seeds. So, you still need to split up your coins into multiple  devices
That's only if you don't back up your seeds or didn't saved them. We're buying hardware wallets to secure ourself and I don't think that someone who knows how to buy a hardware wallet won't save and back up his seeds after the purchase.
It's a common thing to save and back up seeds if you own a hardware wallets. We do that with desktop wallets so I think a person who buys it won't forget to do so.

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Luffygroove
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August 13, 2021, 10:58:00 AM
 #23

Thefts and scammers nowadays are upgrading their ways. They're not only trying to hack our private keys directly, but also deceive us by putting some traps. One example, those criminals even showing up their rotten seed phrase or private key to try to manipulate us. They pretend to have an issue with their wallet that they can't access, pretending to have some thousand bucks in it and offering their seed phrase so people would help them.  Apparently, it's their effort to scam people. Seems like they attract people to access that wallet then probably when the process happened, there's an effort to access the helpers' wallet, and BOOM! their assets will be gone. I hope we all here can protect ourselves and be safe.

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airdata
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August 15, 2021, 08:08:08 AM
 #24

My best option is Hardware wallet and offline Notebook, i always writing my private key on Exercise book or Notebook,       
We know that Hardware wallet is very secure for our wallet and Fund, so it is the best option for secure our private key and Fund but we know that need money for buying hardware wallet and it is not possible for all so Notebook is best option for all.   

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August 16, 2021, 07:17:10 AM
 #25

Do not use desktop wallets, even if you store your seed there are other things that aren't safe while using your PC online, if it's a must to use desktop wallet then don't use same PC to browse online, I'm talking from experience there are spywares and Trojans that can easily steal your keys or make you lose your coins

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August 30, 2021, 08:50:43 PM
 #26

You have made an account 42 days earlier on the forum and have 37 posts in total and all 36 posts are bounty related and now you have made an explanatory guide for backup of private keys but with some wrong information which is not good for you also.If you have backed up your keys on mail then it's not good decision because if you are using end to end encrypted proton mail also you can face some issues in future which is why storing your seed phrases on offline modes where only you have access is recommended and no theft or any natural or man made damage can destroy it.As said by other members first do in depth digging of what you are going to say or post because any technical flaw could lead you to fund loss.So it's better for you and other's who are gonna read it.
This is indeed a great achievement, at least I am able to learn something to add to what I have already, my aim is to participate in and give my best to the forum and also to learn, at this point I noticed I have alot to learn and I am sure I am in the right place to learn.
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October 05, 2021, 10:20:22 PM
 #27

Some information are classified, some are delicate and some are sensitive. It is good that when giving out an important information which  ought to be a general knowledge, you should be accurate about it.
When I was a newbie and Jr member, I created so many topics but not on wallets, backups or encryption. I know too well that misinformation here would be disastrous to people.
Op, consider creating topics on what you are knowledgeable about.

R


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