serjent05
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Cashback 15%
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June 19, 2018, 09:05:16 PM |
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Sorry but the truth is no. But before it happens to you you can keep your private keys in a separate file with the corresponding wallet address. I keep them in not only one device so if one of my device have a problem I still have a copy in my other device.
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CASINO & SPORTSBOOK
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No Gods or Kings. Only Bitcoin
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braZZers123
Member
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Activity: 216
Merit: 15
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June 19, 2018, 09:21:02 PM |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
As far as I know, the recovery of the key from the point of view of cryptography is impossible. Therefore, you need to be a little attentive and cautious when choosing a password, it is probably better to use a password manager, although security is reduced so. |
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jossiel
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June 20, 2018, 12:25:39 AM |
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Apart from that , I will suggest you to take the periodic backup of your wallet.dat file and store in some other storage/device (other than the system where wallet is installed). It is also considered as a good practice.
Yeah great addition. I forgot about wallet.dat file. Yes printing your keys on a paper will be the best solution rather than to save it on a flash drive. Why am i saying this, last month while i was in my room working thieves broke into my room and toke my laptop when the drive was connected to the laptop. Now i have lost everything, my little dollars is gone.
Every type of making our bitcoin wallets safe has it's typical risk. System vulnerability and the physical one. I'm suggesting to save it on a flash drive and like what you are doing with the piece of paper, keep it somewhere that only you knows it. That's just an option so everyone can have some options that suits them, all in all it still depends on how careful the owner is from printing private keys to paper and putting it to the right place / storage box. |
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Whibu
Jr. Member
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Activity: 186
Merit: 3
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June 20, 2018, 12:30:59 AM |
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Indeed many people are afraid and worried about maintaining their private key, and I can advise that we should use 2FA to increase the level of security in our private key.
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Getcoinsite
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June 20, 2018, 01:30:52 AM |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Nope you cant retrieve any lost wallet though theres a thread here in service secrion that promises to win back the lost coins from a wallet but I strongly believe that it was a scam or a hack system,because our key password is very secured that even the creator of wallets cant make it possible to gain back,thats why you must create back up for every password you have ,paper wallet or something loke that |
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Acsirp
Newbie
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Activity: 126
Merit: 0
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June 20, 2018, 01:35:27 AM |
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As it been said , by the myetherwallet sites and other wallet sites , you are fully responsible for your wallet especially the private key, once you lost and you can not recover it , then that is the end of your wallet and the contents of it.
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jpespa
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Activity: 294
Merit: 17
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June 20, 2018, 02:56:18 AM |
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Then you will not be able to recover your bitcoin if you ever lost it. Well that is one of the basic reminders you need to know when you want to own a bitcoin wallet.
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sakahayang
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June 20, 2018, 03:06:31 AM |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
If you forget the key of a bitcoin wallet, then you are very careless because the bitcoin wallet will not be able to open without a wallet key. put your key wallet well, should not be connected to the internet. |
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Fretcy
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June 20, 2018, 03:17:56 AM |
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Even if you forget your wallet password you will be able to retrieve your wallet and crypto coins through private key which should not be shared with a third party. If you lose your private key then one who gets the private key will be able to get the crypto coins so one should make sure to keep the private key safely and it should be printed and secure it safely. Printed wallets are much safer as the private key is safe in the users hands.
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paul00
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June 20, 2018, 05:33:39 AM |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
If you forget the key of a bitcoin wallet, then you are very careless because the bitcoin wallet will not be able to open without a wallet key. put your key wallet well, should not be connected to the internet. Yes your right private key is very important to us where we store coin and loosing it is impossible to retrieve. As they said printing your private key is the safest way in storing it. I store mine in sticky notes were I can see every time I use my desktop at home. |
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hermae
Newbie
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Activity: 210
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June 20, 2018, 05:59:06 AM |
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What are the measures to keep your private key safe and in memory ?
Print your private keys to any form of paper that you can keep for safety. Don't trust your memory even you are the champion in memory verse challenges, it isn't enough to keep your funds. You can also create a file on a notepad and save it to a flash drive and don't use that drive to any computer that you don't own. Don't use it to public places. Are there any alternatives to retrieve the key back ?
If you lost it, that's lost forever. Yes printing your keys on a paper will be the best solution rather than to save it on a flash drive. Why am i saying this, last month while i was in my room working thieves broke into my room and toke my laptop when the drive was connected to the laptop. Now i have lost everything, my little dollars is gone. Our private keys are very important so it is our duty to keep it safe. Some people are using flashdrives, but there would be tendency that this can be lost, stolen or be corrupted. I think the best solution is to keep it in a notebook or print it in a paper and have it kept in a secure place. |
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charlotte04
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June 20, 2018, 06:11:49 AM |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
If you ask me I would have recorded it somewhere in inside anything that would not be seen or hacked and I would also put it on paper. |
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Goodday
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June 20, 2018, 11:37:08 AM |
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Forgot password and personal key bitcoin wallet is a big problem because private key key is the only one that can fit in bitcoin wallet if we forget or do not serve backup it is very difficult to get it back and we will lose our bitcoin then we have to have backup or data bacup to anticipate if forgot password.
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Jlv
Full Member
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Activity: 336
Merit: 100
The Future Of Work
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June 20, 2018, 12:30:39 PM |
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Make a copy of your private key, write it in a paper and keep in a safe place, don't let anybody know your private key and when it is lost its hard to recover so be careful.
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angeltee
Newbie
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June 20, 2018, 12:40:54 PM |
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Its a difficult situation and moreso, its best that we keep this in a safe place or better store it in an e-mail or notepad and delete the last two digits and store that in your head like a PIN or password.
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EnricoGomez
Member
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Activity: 238
Merit: 11
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June 20, 2018, 12:44:17 PM |
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Definitely a huge loss if you had forgot or loss your key to your bitcoin wallet. It is loss forever (unless your selected wallet has a security system which allows you to retrieve them that needs to be secure on the side of the wallet).
I honestly would keep the keys very subtle, not in a text file or a flash drive as they are very vulnerable neither on paper as they often get so lost. Strategies vary from a person to another especially depending on their environment.
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oegarod
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June 20, 2018, 12:51:45 PM |
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Forgetting the key to the wallet should not happen at any instance. To be more secure one should surely have their recovery phrase to be kept much secure than the key. Recently I too lost my wallet key and missed the recovery phrase data. This made me loss all that holding in the wallet.
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Cutieh01
Newbie
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Activity: 98
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June 20, 2018, 12:56:06 PM |
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Definitely a huge loss if you had forgot or loss your key to your bitcoin wallet. It is loss forever (unless your selected wallet has a security system which allows you to retrieve them that needs to be secure on the side of the wallet).
I honestly would keep the keys very subtle, not in a text file or a flash drive as they are very vulnerable neither on paper as they often get so lost. Strategies vary from a person to another especially depending on their environment.
In order to let this not happen be sure to make another storage such as hard wallet and another back-up to ensure the safetyness of your private key. |
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connexus
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June 20, 2018, 12:56:16 PM |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
You should back up all the keys for you to have a safe keeping of your investment. If you totally lost the key and there is no back up you can no longer retrieve or get your investments. So better to have atleast 3 secured back up or even more for security purposes. |
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kcirnhoj15
Jr. Member
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Activity: 84
Merit: 2
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June 20, 2018, 12:57:22 PM |
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What are the measures to keep your private key safe and in memory ? Are there any alternatives to retrieve the key back ?
Some of the wallet has second option to login into your account, private key is one of those way to recover or re-login your account. You should keep your private key in a private and secured place where you are the one who can access this. If you backup your data into drive make sure this will not accessible in public and don't try to put the drive into affected computer to avoid stealing of information. If you save your private key in your accounts including google drive make sure you set up all of the settings of your account such as improving of the securities and don't login this account into other public places such as computer shop and other devices this might put you in a risk. Better to choose wallet with 2FA Authenticator, SMS verification, Email Verification, PIN and with notifier system for the tracking of your every transactions. |
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