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Author Topic: Is it swell to stamp bitcoin seed Phrase on Titanium Plates?  (Read 454 times)
hd49728
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September 11, 2024, 12:01:39 PM
 #41

I mean what matters the most is the privacy of your seed phrase. If you get it stamped in a titanium plate and still it's accessible by anyone in your family or work place, it's waste of money.
People have to think of how they store their backups in metal plate forms before buying these plates for their backups. I agree with you that at the end, how backups are stored safely and secretly to keep them safely from damaging threats like water, fire, acid, ... and out of curious and greed eyes matters.

Backups can be made in any format, digital, physical, paper, plate, whatever but if you fail to secure your backups and let it destroyed or stolen, you lose your bitcoin.

Quote
What I suggest is to have multiple backups, this way you will have nothing to worry about but it also brings the first point (privacy) a void. Just make sure to keep it safe and Titanium plates or stainless steel ones are always better than paper.
It's a good advice and for further advice, I recommend

How to back up a seed phrase. Newbies need to read it till the end and pay their attention on note that has an important reminder, test your back up.

Quote
Test Your Backup

Regardless of which backup scheme you choose, if you don't actually do a test run of restoring a wallet from it, you can't be confident that it will work when you actually need it.

How should you go about testing your backup?

Create a new wallet.
Create your seed phrase backups.
Deposit a small amount of funds into the wallet, like $10 or $20 worth.
If possible, create a new wallet with a different name, otherwise delete your current wallet.
Initialize the new wallet using your seed phrase backup, make sure the funds appear in the wallet, and that you can spend them.

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betswift
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September 13, 2024, 05:33:10 AM
 #42

they've got the details and tools for hammering the words on the plate.
unless you are the one who is going to stamp the seed phrase on the titanium plate, isn't it a security risk that someone(the person who'll stamp the seed phrase on the titanium plate) will know your seed phrase? I mean it looks cool and sturdy but I can't stop thinking about that.

Of course nobody is letting anybody do that, with the aid of appropriate tools—the stamping is childsplay. I saw photos of kids trying it out, the predicted time for stamping all the phrases is just about 15-30 minutes. Isn't it healthy to sweat over securing your hard earned bitcoin?

It's essential to try and do it yourself, you are totally right.
It's not that hard to try out.

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Today at 03:33:49 AM
 #43

I came in contact with some X users who already do this, and it looked amazing to me, they even tested the Titanium plates on water and tried burning it on fire, but the plate was still elegant with the seed phrase intact. Bearing in mind of the vulnerability that comes with saving our seed phrase on mere papers, this technique can secure our seed even when they is a fire outbreak, flood, or any natural disaster that paper can't withstand.

I still have in mind of some friends who said they'll have to split the location of their paper wallet because of any disaster that may occur. Having your seed phrase punched on titanium plates makes it water, and fire proof...
This is a new information to me despite Charls-Tim said it's an old news that has been discussed before. it's very important to have a well secured way of keeping our seed phrase to avoid unforseen circumstances like flood and Fire outbreak. it may not be total safe because it's nature make it easy to hack, but we would apply with caution. So  For security reasons, on no account should someone allow another person to punch or inscript this words for him on the titanium plate. Because allowing another person to do it for you is still subjected to insecurity expecially if the person in question knows about seed phrase.

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hd49728
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Today at 03:52:39 AM
 #44

This is a new information to me despite Charls-Tim said it's an old news that has been discussed before. it's very important to have a well secured way of keeping our seed phrase to avoid unforseen circumstances like flood and Fire outbreak. it may not be total safe because it's nature make it easy to hack, but we would apply with caution.
People have different ways to back up wallets and they're free to pick methods that are best for them.

The most common mistake in thinking and practice of people, in wallet backups, is they believe that this method is best and think that if they back up wallet with this best method, their wallet backup will be safe, and their bitcoin will be safe completely.

Let's analyze what's wrong here.

For sake of safety of your wallet backups and your bitcoins, you must have usable backups in catastrophe. As most as possible, at the end you need an usable backup and if you have it, your bitcoin is safe.

Return to different wallet back up methods, there are disadvantages and threats that can damage those backups to conditions of unusable or destroy backups completely. To avoid such catastrophe, you need multiple back up methods, and need to store backups in different locations. Because catastrophe is very unlikely to happen everywhere in a nation or everywhere on Earth.

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