How do you encrypt/backup your wallet

[BTCisthefuture]

What options do you use to backup your wallet data and encrypt it.

I was looking into using trucrypt to encrypt the file and then store it in the could  but would like to hear about other methods, options as well.

[bonecoin]

Multibit has built in wallet encryption using bip38 from the file menu. This is the obvious choice. Any secure not cloud based encryption program like truecrypt will work fine. Ease of use is an issue and cold storage should be considered using armory.

[empoweoqwj]

What options do you use to backup your wallet data and encrypt it.

I was looking into using trucrypt to encrypt the file and then store it in the could  but would like to hear about other methods, options as well.

Backup and encryption are really different topics.

[BTCisthefuture]

What options do you use to backup your wallet data and encrypt it.

I was looking into using trucrypt to encrypt the file and then store it in the could  but would like to hear about other methods, options as well.

Backup and encryption are really different topics.

ok let me clarify.  I have a copy of my wallet data file , I'd like to encrypt though so if anyone ever found it wouldn't be of use for them.  So basically, what apps/services do you guys use to encrypt files. Or are there any cloud storage services that do encrption when you upload a file.

[bitrider]

boxcryptor works great.. and even lastpass (secure notes) will work fine for this.

[BTCisthefuture]

boxcryptor works great.. and even lastpass (secure notes) will work fine for this.

thanks! checking out boxcryptor now

[Morbo]

Truecrypt is for encrypting whole filesystems I think.

For encrypting single files, I am using gpg.

[cdog]

Bitcoin-qt has encryption built in. Just goto "Settings" and make sure you use at least 15 characters (numbers and symbols help strength a lot).

Make sure you use a phrase you wont ever, EVER forget.

Once the wallet is encrypted, your coins are completely safe. Even if someone gets their hands on it, its useless to them.

Make sure you back it up, copies on flash drives stored in physically distinct locations are best, but if its encrypted very well, you could put it in an email or cloud storage, so it cant ever be lost.

[BTCisthefuture]

Bitcoin-qt has encryption built in. Just goto "Settings" and make sure you use at least 15 characters (numbers and symbols help strength a lot).

Make sure you use a phrase you wont ever, EVER forget.

Once the wallet is encrypted, your coins are completely safe. Even if someone gets their hands on it, its useless to them.

Make sure you back it up, copies on flash drives stored in physically distinct locations are best, but if its encrypted very well, you could put it in an email or cloud storage, so it cant ever be lost.

Correct me if I'm wrong, but that only means you have a password to use it. If someone obtains that key through malware or other means then it's no longer safe.  Am I missing something ?

[GodHatesFigs]

Could someone clarify this for me: I've encrypted my wallet using BitcoinQT's built in feature. The password has ~150bits of entropy - can I safely store my encrypted wallet.dat in the cloud?

[empoweoqwj]

What options do you use to backup your wallet data and encrypt it.

I was looking into using trucrypt to encrypt the file and then store it in the could  but would like to hear about other methods, options as well.

Backup and encryption are really different topics.

ok let me clarify.  I have a copy of my wallet data file , I'd like to encrypt though so if anyone ever found it wouldn't be of use for them.  So basically, what apps/services do you guys use to encrypt files. Or are there any cloud storage services that do encrption when you upload a file.

I use electrum. encryption is built-in. You don't need anything external, just have to remember your passcode

[bitpop]

Could someone clarify this for me: I've encrypted my wallet using BitcoinQT's built in feature. The password has ~150bits of entropy - can I safely store my encrypted wallet.dat in the cloud?

I would add a simple zip encryption too and call it pictures.

[empoweoqwj]

Could someone clarify this for me: I've encrypted my wallet using BitcoinQT's built in feature. The password has ~150bits of entropy - can I safely store my encrypted wallet.dat in the cloud?

I would add a simple zip encryption too and call it pictures.

Renaming the file from wallet.dat for bitcoin-qt users is certainly a good idea. The wallet file has a different name with electrum anyway

[Morbo]

Could someone clarify this for me: I've encrypted my wallet using BitcoinQT's built in feature. The password has ~150bits of entropy - can I safely store my encrypted wallet.dat in the cloud?

I would add a simple zip encryption too and call it pictures.

Archive encryptions used to be exceptionally weak and vulnerable in the past and zip encryption was particularly weak IIRC. Did anything change in that regard?

[Peter882]

Could someone clarify this for me: I've encrypted my wallet using BitcoinQT's built in feature. The password has ~150bits of entropy - can I safely store my encrypted wallet.dat in the cloud?

I would add a simple zip encryption too and call it pictures.

Archive encryptions used to be exceptionally weak and vulnerable in the past and zip encryption was particularly weak IIRC. Did anything change in that regard?

I personally use 7zip, which employs AES-256 encryption.
It should be strong enough when the password is long, right?

Not sure about other archive software though.

[bitpop]

Yes aes zips are great. Plus it's just extra.

[BookLover]

+1 for 7zip

[bitpop]

Winrar

[empoweoqwj]

Could someone clarify this for me: I've encrypted my wallet using BitcoinQT's built in feature. The password has ~150bits of entropy - can I safely store my encrypted wallet.dat in the cloud?

I would add a simple zip encryption too and call it pictures.

Archive encryptions used to be exceptionally weak and vulnerable in the past and zip encryption was particularly weak IIRC. Did anything change in that regard?

I personally use 7zip, which employs AES-256 encryption.
It should be strong enough when the password is long, right?

Not sure about other archive software though.

Yep, good as extra precaution. Just as long as you remember your password

[BTCisthefuture]

Could someone clarify this for me: I've encrypted my wallet using BitcoinQT's built in feature. The password has ~150bits of entropy - can I safely store my encrypted wallet.dat in the cloud?

I would add a simple zip encryption too and call it pictures.

Archive encryptions used to be exceptionally weak and vulnerable in the past and zip encryption was particularly weak IIRC. Did anything change in that regard?

I personally use 7zip, which employs AES-256 encryption.
It should be strong enough when the password is long, right?

Not sure about other archive software though.

Yep, good as extra precaution. Just as long as you remember your password

Maybe it's overkill and just creates an unneeded extra step on my part but I'm going to make an archive with 7zip and then use boxcyptor on top that. Also it's stored on my google drive which requires 2 factor authentication through my phone on top of that password. Also the file name is changed to something that won't stand out so even if someone did get access to all the different passwords and my phone they still might have a hard time ever knowing to grab that file.