Noelbetty12
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Now You Can Be The Bookmaker!
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May 07, 2018, 09:11:49 AM |
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I am storing it in my offline computer. Just in case something happens with my local drive I would surely have a problem retrieving it. So I thought of saving it online by probably saving not the entire key but by changing may some part of it. I don't know if it is safe but I just thought so.
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bmirror83
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May 07, 2018, 09:17:17 AM |
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You said well, i also used electroneum at first and wrote the words on paper. Then i lost it, lol. I then deleted the wallet and just use hard wallet. It was easier for me to store them in it. Then, i sold all my savings.
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brickafterbrickwalldpt
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May 07, 2018, 09:19:32 AM |
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I don't understand why there are still people who want to keep their passphrase in a bank vault. If they really think that it's secure them then why do they use cryptocurrencies? There is always a possibility that bank won't allow you to access your safe. There are many ways to store your seed securely. Some people use additional computer which has no Internet connection, generate their seed there and encrypt it. Storing seed digitally is really convenient since you can create many copies and there is no way that someone hacks it.
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ologoff
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May 07, 2018, 09:26:32 AM |
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Currently I store my 24 words in my bank vault, but I’m planning to tattoo them somewhere on my body. It seems a bit extreme but I’m heavily tattooed so isn’t a problem for me make another one.
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faultunfmuzzled8
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May 07, 2018, 04:15:09 PM |
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ha ha interesting topic, but mine one is something that is even complex but even i remember it always
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The_Dark_Knight
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May 12, 2018, 03:24:02 AM |
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I don't understand why there are still people who want to keep their passphrase in a bank vault. If they really think that it's secure them then why do they use cryptocurrencies? There is always a possibility that bank won't allow you to access your safe. There are many ways to store your seed securely. Some people use additional computer which has no Internet connection, generate their seed there and encrypt it. Storing seed digitally is really convenient since you can create many copies and there is no way that someone hacks it.
Many people really do not get the point of cryptocurrencies, for a significant number of investors cryptocurrencies are only a way to make money and nothing else, but for those that understand why bitcoin was created storing your seed in a bank makes no sense at all and that is why we are looking for other ways to store that information without relying on a third party.
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abiola1
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May 13, 2018, 07:39:30 AM |
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The best method of storing your recovery seed is by actually writing it down on a piece of paper and storing it away somewhere safe, like a deposit box. It is completely ill advised to store your recovery seed on a note taking app, computer, cloud storage, Google Drive, or Dropbox due to the risk of your computer getting hacked and your seed stolen.
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coingrowth
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May 13, 2018, 07:56:40 AM |
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i store 24 word phrase in my pen drive storing our private key is heart of crypto currency we need to keep it safe as long as we live
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SPQR_Legionnaire
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May 13, 2018, 07:58:18 AM |
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You can store safely your recovery phrase without the need for safes/deposit boxes if you write down the words scrambled following a specific rule. For example you can skip 2 words at a time and write the words in this order:
1 4 7 10 13 16 19 22 2 5 8 11 14 17 20 23 3 6 9 12 15 18 21 24
So if your pass phrase is the words: one two three four ... twenty-four you would store it as one four seven etc.
If later you need to find for example the fifth word you find the number 5 in the above sequence which is 10th so your fifth word is the 10th word in your paper
There are 24! possible orderings of 24 words. This is a number with 23 digits.
Obviously you need to remember the mnemonic rule to decode it later but this way you can safely store your scrambled seed phrase on your computer/dropbox etc without the need for safes and deposit boxes.
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blu.storm
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free space pm if interessed
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May 13, 2018, 10:03:43 AM |
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i keep a copy on a pen drive and one on the computer, i know it is not very safe but is practical for a fast use
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free space pm if interessed
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Sobol101
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May 17, 2018, 02:29:54 PM |
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Back then i used electrum. Back then i would write down the 12 word on a piece of paper and leave it in my apartment. Of course that is not safe in case something happens to my apartment etc. I thought about keeping an online backup such as imagine a cloud service like dropbox or google. But of course i don't just type the 12 or 24 word phrase on it and then if you access my email, you have access to my document with it. Because i would type the seed in keepass. So in order for me to get to the file, i have to have to email and password. Then have my keepass password in order to open it.
I heard people say this is not safe because keeping it online is never safe it case it get hacked. Well if theres a fire or anything happens to your computer/apartment etc, then everything burns down, then what? I heard people say they have a safe and vault but would if its a huge fire etc. Thus my thoughts were as long as you have an online backup of it... make sure you put a long password for your email and also keepass, then you have access to it.
Do people here still not recommend this? I got a nano ledger s and thus keep my btc there. At the moment, i wrote it down on a piece of paper. The thing is i could type the seed in my keepass... thus if someone got my laptop, well they still have to know my password for keepass. Or if email get accessed somehow, they still need to get my password for keepass.
Does anyone here have ideas on this? I heard people mention they break the 24 word in half or a few pieces and put it in secure location. Like i heard people say 2 different bank deposit boxes. Would that be smart? Of course theft could happen in those but very rare. But if you leave it in say 3 places, well if something happens in one place, well you won't have access to say 8 of words if you break it down into 24 words. Does anyone have thoughts on this?
What is the best way to do this? Also heres another scenario. What if you travel quite a bit. I do this quite much and thus i keep my nano ledger with me. So where do i keep my 24 word seed then? The thing is with electrum with the 12 word seed, sure you could possibly remember the 12 words. I never tried but that probably wouldn't be that hard. Like imagine you remember just the first 6 words, that wouldn't be that hard. Now with the nano ledger s, 24 words is way too much.
Now obviously walking around anywhere with your seed is foolish. But if you travel quite a bit and have your nano ledger s with you, what is your best suggestion? But in general, should you store your seed in your home? Or in a bank or somewhere else? The other place someone mentioned that was interesting was imagine you have a box in casino where you keep money/chips there. That certainly seems like good idea but i dont have access to it.
How many cases has there been where there was fire and someones laptop/computer and safe or their documents got destroyed? Certainly there has to be quite a bit. So does anyone have tips on this? The other thing was maybe store it in a usb drive in keepass and encrypt it and store it somewhere in the house where like in a box where it would look like nothing? The other thing i thought was how about breaking it in 2 or 3 pieces and putting it in a book etc? But of course you dont keep 8 words there. You add more words like a sentence and try to make it look like its just scribble?
I have a photogenic memory so my back-up passwords and keys are all memorized. I am really lucky to posses this ability and there is no way anyone can hack my wallets or accounts.
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MostafaGamal
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May 17, 2018, 02:40:51 PM |
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I think the best thing to keep is to be on an external paper, or a computer that is not connected to the Internet, and also if you keep it on an Internet connection and be careful it will be good
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bakujo0817
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May 17, 2018, 03:18:34 PM |
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in my part i stored my passphrase on usb and i print out on paper and laminate it so that it have protection on water i dont trust storing on eletronic but now im planning to get crypto steel for more security.
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Pan Troglodytes
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May 18, 2018, 09:18:19 AM |
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Back then i used electrum. Back then i would write down the 12 word on a piece of paper and leave it in my apartment. Of course that is not safe in case something happens to my apartment etc. I thought about keeping an online backup such as imagine a cloud service like dropbox or google. But of course i don't just type the 12 or 24 word phrase on it and then if you access my email, you have access to my document with it. Because i would type the seed in keepass. So in order for me to get to the file, i have to have to email and password. Then have my keepass password in order to open it.
I heard people say this is not safe because keeping it online is never safe it case it get hacked. Well if theres a fire or anything happens to your computer/apartment etc, then everything burns down, then what? I heard people say they have a safe and vault but would if its a huge fire etc. Thus my thoughts were as long as you have an online backup of it... make sure you put a long password for your email and also keepass, then you have access to it.
Do people here still not recommend this? I got a nano ledger s and thus keep my btc there. At the moment, i wrote it down on a piece of paper. The thing is i could type the seed in my keepass... thus if someone got my laptop, well they still have to know my password for keepass. Or if email get accessed somehow, they still need to get my password for keepass.
Does anyone here have ideas on this? I heard people mention they break the 24 word in half or a few pieces and put it in secure location. Like i heard people say 2 different bank deposit boxes. Would that be smart? Of course theft could happen in those but very rare. But if you leave it in say 3 places, well if something happens in one place, well you won't have access to say 8 of words if you break it down into 24 words. Does anyone have thoughts on this?
To address this, obviously you need to break it two pieces and store 2 copies of them, making it effectively 4 locations to store your 2 pieces and their backups. Also, you can treat a physical device as the backup, in that way you would have a physical device in one location and two pieces of the 24-words (12 words each) in 2 additional locations.
What is the best way to do this? Also heres another scenario. What if you travel quite a bit. I do this quite much and thus i keep my nano ledger with me. So where do i keep my 24 word seed then? The thing is with electrum with the 12 word seed, sure you could possibly remember the 12 words. I never tried but that probably wouldn't be that hard. Like imagine you remember just the first 6 words, that wouldn't be that hard. Now with the nano ledger s, 24 words is way too much.
Now obviously walking around anywhere with your seed is foolish. But if you travel quite a bit and have your nano ledger s with you, what is your best suggestion? But in general, should you store your seed in your home? Or in a bank or somewhere else? The other place someone mentioned that was interesting was imagine you have a box in casino where you keep money/chips there. That certainly seems like good idea but i dont have access to it.
How many cases has there been where there was fire and someones laptop/computer and safe or their documents got destroyed? Certainly there has to be quite a bit. So does anyone have tips on this? The other thing was maybe store it in a usb drive in keepass and encrypt it and store it somewhere in the house where like in a box where it would look like nothing? The other thing i thought was how about breaking it in 2 or 3 pieces and putting it in a book etc? But of course you dont keep 8 words there. You add more words like a sentence and try to make it look like its just scribble?
Also, I engraved my seed pieces in copper, that is a good and secure way to store it.
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FiguerFixZ
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May 18, 2018, 09:21:42 AM |
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it's too much :3
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wndrbr3d
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May 18, 2018, 09:24:23 AM |
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How about to use cryptosteel, man?
Cryptosteel is the premier indestructible backup tool for optimal offline storage of private keys, passwords and wallet recovery seeds without any third-party involvement.
On the other hand, you can hold encrypted word file on your cloud drive (but don't forget password please).
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onurgozupek
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May 18, 2018, 09:25:38 AM |
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I have a secured container created with Veracrypt a fork of Truecrypt. You can create as much as you need and recreate a new one if the previous one is out of space. Also, it's possible to select encryption alternative according to the performance of your machine. Some encryption methods take too much time to decrypt so it's better to test it before starting to use. You can have several copies of the container on multiple devices and secure them in secret places like a safe storage at yor office, house or a bank safe storage etc. It's also possible to encrypt a partition or a whole drive with Veracrypt.
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Pan Troglodytes
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May 18, 2018, 09:31:21 AM |
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How about to use cryptosteel, man?
Cryptosteel is the premier indestructible backup tool for optimal offline storage of private keys, passwords and wallet recovery seeds without any third-party involvement.
On the other hand, you can hold encrypted word file on your cloud drive (but don't forget password please).
Cryptosteel doesn't address the issues that were raised in the OP. It is just a way to store one backup piece. The OP were detailing some scenarios in which the backup is divided into parts and what happens when one of those parts is stolen or lost. Please read the OP (it is quite long) and please note that you would need a few cryptosteel backups to address all OP scenarios.
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tunapa
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May 18, 2018, 12:10:09 PM |
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There are many ways to keep your 24 word phrase secure to avoid hacking and it depends on whichever one suits the individual. But I would prefer to get it saved in different by partitions, e.g divide the words into 3-4-5 places either evenly or oddly and then keep them safe in different locations. A location I would prefer is to have different emails which I don't use for any other thing online and save them their in different others. E.g let's say your word phrase is 24, and you divide it into 6 places which is 4-4-4-4-4-4. Now get emails : Yahoo mail, gmail, hotmail and co and send each 4 words alternately and make sure no mail has more than two phrase slot. With this, your wallet is free of hacking.
This method seems stressful but its really worth it. You have access to your wallet anywhere you go in the world in as much as you keep the passwords to the emails safe and different.
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online73
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Ecowatt.io
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May 18, 2018, 08:52:59 PM |
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I think the safest storage of a phrase of 24 words - just write a phrase on a piece of paper and store it along with the documents. To date, it is dangerous to keep information on financial assets in media that are constantly connected to the Internet. Having a million dollars in a purse in ETH or BTC, I'll do a tattoo on my arm .... And seriously, there's absolutely no safe way to store 24 words of a phrase to restore a purse. Life constantly presents surprises, but I think it's necessary to take seriously things like security of keys and phrases from wallets with crypto coins. I myself am very interested in various ways to safely store important information. Therefore, I like this forum, that you can find all the answers here for any questions on the crypto-currency market.
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