Bitcoin Forum
May 09, 2024, 05:31:42 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2] 3 4 »  All
  Print  
Author Topic: Store your seed phrase offline  (Read 643 times)
Merit.s
Sr. Member
****
Offline Offline

Activity: 350
Merit: 255


View Profile WWW
January 05, 2023, 06:33:45 PM
 #21

Anything stored online is exposed to attack,storing your seed phrase online will be the most foolish thing for anybody to do. I store my on a paper that put in somewhere safe that nobody will think of,I did duplicates and laminated it to make it waterproof,which are in different locations. A steel plate is what am still considering but I don't know if this will be the safest.
1715275902
Hero Member
*
Offline Offline

Posts: 1715275902

View Profile Personal Message (Offline)

Ignore
1715275902
Reply with quote  #2

1715275902
Report to moderator
1715275902
Hero Member
*
Offline Offline

Posts: 1715275902

View Profile Personal Message (Offline)

Ignore
1715275902
Reply with quote  #2

1715275902
Report to moderator
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715275902
Hero Member
*
Offline Offline

Posts: 1715275902

View Profile Personal Message (Offline)

Ignore
1715275902
Reply with quote  #2

1715275902
Report to moderator
1715275902
Hero Member
*
Offline Offline

Posts: 1715275902

View Profile Personal Message (Offline)

Ignore
1715275902
Reply with quote  #2

1715275902
Report to moderator
NotATether
Legendary
*
Offline Offline

Activity: 1596
Merit: 6732


bitcoincleanup.com / bitmixlist.org


View Profile WWW
January 05, 2023, 06:36:36 PM
 #22

Yeah, well I have a ton of homework to do now. I got over 300 passwords (but I'm not stupid enough to put my seeds or wallet passwords there - actually I memorize my wallet passwords by heart) on LastPass around the time of the breach.

My master password is well above the 12-character minimum so I'm not at risk any time soon, but I'm in the process of changing all my passwords and deleting the logins for those sites that no longer exist or shut down.

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
dkbit98
Legendary
*
Offline Offline

Activity: 2226
Merit: 7146



View Profile WWW
January 05, 2023, 06:46:13 PM
 #23

What do you think about this? Before hacker can have access to something, that means the vault is online. If something is online, it can be hacked. If a password manager is not offline, do not use it. I like to put my seed phrase on a paper, if you want it safer, you can use a steel backup for it, there are steels that you can buy to backup your seed phrase and it is not a waste of money.
LastPass is password manager and this has nothing to do with bitcoin seed phrases.
I would never suggest saving seed words on any password manager it doens't matter if its' online of offline, just use piece of paper or stainless steel washers/plate.
Similar thing is when you hear words like ''cloud'' you should know that is not really safe because it's just someone else computer drive that is online.
Great open source alternative for LastPass is called KeePass that works offline and it can be used for storing passwords, 2fa and other information.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
BIT-BENDER
Hero Member
*****
Offline Offline

Activity: 1540
Merit: 702



View Profile
January 05, 2023, 07:02:27 PM
 #24

If we are to be honest most of the measures like storing your seed phrase in your mail and so on where meant to keep that safe something like a primary means, but moving forward we can understand that it’s not really safe. Technically no measure is completely safe.

I never trust saving my stuffs on line be it saving my personal stuff I want private on an online vault in same manner I don’t keep my seed phrase online.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
capedbaldy
Sr. Member
****
Offline Offline

Activity: 831
Merit: 286


Binance #Smart World Global Token


View Profile
January 05, 2023, 07:32:50 PM
 #25

We don't need a third manager to protect passwords because we won't need it, but why do many people trust services that help store passwords when it's not recommended even if you don't store private keys associated with crypto wallets, it's better to store password files on external hard drives and phases are better kept on paper or steel plates that have been processed specifically for storing phrases from wallets.


.SWG.io.













█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







█▀▀▀










█▄▄▄

▀▀▀█










▄▄▄█







4.45






Issa56
Hero Member
*****
Offline Offline

Activity: 1372
Merit: 908



View Profile
January 05, 2023, 07:44:15 PM
 #26

We have being warned multiple times here not to secure our private key anywhere their is internet connection. if you are saving your password, make sure it's stored in a place where their is no internet connection. No matter how tight the security of where your private key is stored is, it can be hacked at any moment, that's why people are discouraged to store their private key online. If you want to secure your private key, then you can get a steel and carve you private key on it and store it, incase if water touches it, then you are safe because it won't be distroyed.

███████████████████████████
███████▄████████████▄██████
████████▄████████▄████████
███▀█████▀▄███▄▀█████▀███
█████▀█▀▄██▀▀▀██▄▀█▀█████
███████▄███████████▄███████
███████████████████████████
███████▀███████████▀███████
████▄██▄▀██▄▄▄██▀▄██▄████
████▄████▄▀███▀▄████▄████
██▄███▀▀█▀██████▀█▀███▄███
██▀█▀████████████████▀█▀███
███████████████████████████
.
.Duelbits.
..........UNLEASH..........
THE ULTIMATE
GAMING EXPERIENCE
DUELBITS
FANTASY
SPORTS
████▄▄█████▄▄
░▄████
███████████▄
▐███
███████████████▄
███
████████████████
███
████████████████▌
███
██████████████████
████████████████▀▀▀
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
.
▬▬
VS
▬▬
████▄▄▄█████▄▄▄
░▄████████████████▄
▐██████████████████▄
████████████████████
████████████████████▌
█████████████████████
███████████████████
███████████████▌
███████████████▌
████████████████
████████████████
████████████████
████▀▀███████▀▀
/// PLAY FOR  FREE  ///
WIN FOR REAL
..PLAY NOW..
romeitaly
Full Member
***
Offline Offline

Activity: 308
Merit: 108



View Profile
January 06, 2023, 07:51:07 AM
 #27

Your seed phrase is most important than your password. It's better you write it on some kind of paper or any physical notes to store your very important seed phrase. It's better to be knowledgeable about securing your account to prevent hacking.

██████████ BitcoinCleanUp.comDebunking Bitcoin's Energy Use ██████████
██████████                Twitter#EndTheFUD                 ██████████
tranthidung
Legendary
*
Online Online

Activity: 2268
Merit: 4012


Farewell o_e_l_e_o


View Profile WWW
January 06, 2023, 08:06:25 AM
 #28

Your seed phrase is most important than your password. It's better you write it on some kind of paper or any physical notes to store your very important seed phrase. It's better to be knowledgeable about securing your account to prevent hacking.
Both are important and sometimes one is important than another and vice versa.

  • If you need to have a backup for recovery, seed phrase is most important. Without it, you can not recover your wallet if your device is broken and can not be fix technically so that you can access your wallet file.
  • If you don't have a backup but your device is well, wallet file is usable, you only need a password to decrypt it and access it. So in this case, password is more important.
  • Of course a backup (should be multiple backups) should be a first thing to do before using any wallet.
You can brute force your wallet password if you forget it but you can do it for wallet seed. It's impossible.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
_act_ (OP)
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1174



View Profile
January 06, 2023, 11:15:28 AM
 #29

  • If you need to have a backup for recovery, seed phrase is most important. Without it, you can not recover your wallet if your device is broken and can not be fix technically so that you can access your wallet file.
  • If you don't have a backup but your device is well, wallet file is usable, you only need a password to decrypt it and access it. So in this case, password is more important.
  • Of course a backup (should be multiple backups) should be a first thing to do before using any wallet.
I can prefer file backup for wallet.dat but if using a seed phrase wallet, I will only just prefer to go for seed phrase which makes password not to be important to access my coins because if I forget the password, I can still import the seed phrase on a new wallet to have access to my coins, but with wallets like bitcoin core that do not have seed phrase, I will prefer file backup.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Kasabus
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 576


View Profile
January 06, 2023, 06:42:18 PM
 #30

I had an experience where I stored my keys in the cloud, and I lost access to the cloud. Since then I no longer store any seed and pass phrase associated with my wallet in any software or online repository. I prefer to keep my phrases in a book that I can easily keep at home. Indeed, books can be lost, but I always save with backups and this makes me feel safe.
It’s not safer anymore to trust your seed phrases online even how trusted the app is because as long as its operated online, it will always be at risk of losing or hacking, and lose it completely. Personally, I have my own record book about all my passwords and seed phrases of my important documents. Yes, it can still be a subject for stealing but all I have written in there are already having their own duplicates and I kept hodling them in my secret vault at home.

████████████████████████
.
.SPORTS..
███████▄███▄▄
█████████▀▀████▄▄
▄███▄▄███████▀▀████▄▄
███▀█████▄███████▀▀███▄
████████████▄▄█████████
█████████░▀▀████▄▄████▀
████████████████████
█████████░▄▄████▀▀████▄
████████████▀▀█████████
███▄█████▀███████▄▄███▀
▀███▀▀███████▄▄████▀
█████████▄▄████▀▀
███████▀███▀▀
.
.bets.io.
████████████████████████
.
..CASINO..
jcojci
Full Member
***
Offline Offline

Activity: 713
Merit: 112


View Profile
January 07, 2023, 07:26:42 PM
 #31

Storing valuable data in the cloud is not a good idea because there is a possibility that hackers can hack the cloud. It's better to save it on a computer that is not connected to the internet so that your data will be safer than anything else. This also applies to storing the seed phrases in your wallet because each person is responsible for safeguarding all of their assets.

Or you can buy a FlashDisk, store all your data on it, and not carelessly connect the FlashDisk to any computer or laptop.
Ultegra134
Hero Member
*****
Offline Offline

Activity: 1554
Merit: 744



View Profile
January 07, 2023, 08:55:44 PM
 #32

Saving your seed phrase or private key online is convenient and, in most cases, relatively safe. The majority of us won't suffer the consequences of our stupidity until it's not, and there goes your Bitcoin, disappearing into thin air. Poof!

I've done both and have suffered losses with both methods. I usually resorted to pasting it into a text document and storing it on my computer. Otherwise, I'd write it in a notebook and proceed to never be seen again. As you can imagine, I'm pretty good at losing such information.

In my opinion, it's best to write it on a few pieces of paper and hide them in a few spots around your house, or in a couple of USB drives ( at least two in case one is lost or fails).

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT
  CRYPTO   
FUTURES
 1,000x 
LEVERAGE
COMPETITIVE
    FEES    
 INSTANT 
EXECUTION
.
   TRADE NOW   
Saint-loup
Legendary
*
Offline Offline

Activity: 2604
Merit: 2354



View Profile
January 07, 2023, 09:19:13 PM
 #33

I had an experience where I stored my keys in the cloud, and I lost access to the cloud. Since then I no longer store any seed and pass phrase associated with my wallet in any software or online repository. I prefer to keep my phrases in a book that I can easily keep at home. Indeed, books can be lost, but I always save with backups and this makes me feel safe.
It’s not safer anymore to trust your seed phrases online even how trusted the app is because as long as its operated online, it will always be at risk of losing or hacking, and lose it completely. Personally, I have my own record book about all my passwords and seed phrases of my important documents. Yes, it can still be a subject for stealing but all I have written in there are already having their own duplicates and I kept hodling them in my secret vault at home.
I guess masulum is talking about BIP38 keys, or mnemonic seeds with passphrase (BIP39). It's not unsafe (against hackers) to store them online, if you keep the passwords or passphrases associated with them locally. But as he says, it's not safe against inaccessibility. If the host provider loses its datas, closes its doors or become unavailable for a long time, you'll lose your keys and your funds with them.
So if you are doing that, to be able to access your keys and your funds from anywhere for example, you must keep a back up of them locally.
Using books and sheets of paper is good unless you don't lose them or suffer a fire and/or a flood (usually when you get a fire you get a flood after it, which can destroy things not burnt initially), so it's important to keep at least one back up elsewhere.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
nakamura12
Hero Member
*****
Offline Offline

Activity: 2268
Merit: 669


Bitcoin Casino Est. 2013


View Profile
January 07, 2023, 09:41:43 PM
 #34

That's the problem with people who use a program to manage something. If you want to use a manager then at least choose the right program to use when managing your passwords. Even though I said or write what's on my mind about that thing is I never use password manager at all. Each person have their own way to store their passwords and I write my password on a piece of paper and also laminate the paper to make it a lot stronger and it will take a long time before it will decay. I would also have another back up stored offline if ever I lose the back up. In short, a back up or a back up.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
Rengga Jati
Hero Member
*****
Offline Offline

Activity: 1974
Merit: 624


ROLLBIT > Crypto's Most Rewarding Casino


View Profile
January 07, 2023, 09:59:14 PM
 #35

We often get notifications and also share about how to store our seeds or private data offline to prevent various malware and especially cyber crimes. But basically, sometimes most people ignore it and think that online is more effective when we are going to use it wherever and whenever. Even though actually storing the data online is very risky. This is not surprising that many people got attach by hackers or malware and then end up losing assets.
hackers can easily find our data and then get access to everything if they want. Moreover if we are opening the ways such as by posting our assets or activities in the social media. So this will attract hackers to do mroe with us.

R


▀▀▀▀▀▀▀██████▄▄
████████████████
▀▀▀▀█████▀▀▀█████
████████▌███▐████
▄▄▄▄█████▄▄▄█████
████████████████
▄▄▄▄▄▄▄██████▀▀
LLBIT|
4,000+ GAMES
███████████████████
██████████▀▄▀▀▀████
████████▀▄▀██░░░███
██████▀▄███▄▀█▄▄▄██
███▀▀▀▀▀▀█▀▀▀▀▀▀███
██░░░░░░░░█░░░░░░██
██▄░░░░░░░█░░░░░▄██
███▄░░░░▄█▄▄▄▄▄████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█████████
▀████████
░░▀██████
░░░░▀████
░░░░░░███
▄░░░░░███
▀█▄▄▄████
░░▀▀█████
▀▀▀▀▀▀▀▀▀
█████████
░░░▀▀████
██▄▄▀░███
█░░█▄░░██
░████▀▀██
█░░█▀░░██
██▀▀▄░███
░░░▄▄████
▀▀▀▀▀▀▀▀▀
|
██░░░░░░░░░░░░░░░░░░░░░░██
▀█▄░▄▄░░░░░░░░░░░░▄▄░▄█▀
▄▄███░░░░░░░░░░░░░░███▄▄
▀░▀▄▀▄░░░░░▄▄░░░░░▄▀▄▀░▀
▄▄▄▄▄▀▀▄▄▀▀▄▄▄▄▄
█░▄▄▄██████▄▄▄░█
█░▀▀████████▀▀░█
█░█▀▄▄▄▄▄▄▄▄██░█
█░█▀████████░█
█░█░██████░█
▀▄▀▄███▀▄▀
▄▀▄
▀▄▄▄▄▀▄▀▄
██▀░░░░░░░░▀██
||.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀
███▀▄▀█████████████████▀▄▀
█████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀
███████▀▄▀██████░█▄▄▄▄▄▄▄▄
█████████▀▄▄░███▄▄▄▄▄▄░▄▀
███████████░███████▀▄▀
███████████░██▀▄▄▄▄▀
███████████░▀▄▀
████████████▄▀
███████████
▄▄███████▄▄
▄████▀▀▀▀▀▀▀████▄
▄███▀▄▄███████▄▄▀███▄
▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄
▄██▄██████▀████░███▄██▄
███░████████▀██░████░███
███░████░█▄████▀░████░███
███░████░███▄████████░███
▀██▄▀███░█████▄█████▀▄██▀
▀██▄▀█▄▄▄██████▄██▀▄██▀
▀███▄▀▀███████▀▀▄███▀
▀████▄▄▄▄▄▄▄████▀
▀▀███████▀▀
OFFICIAL PARTNERSHIP
FAZE CLAN
SSC NAPOLI
|
Odusko
Hero Member
*****
Offline Offline

Activity: 896
Merit: 509


Defend Bitcoin and its PoW: bitcoincleanup.com


View Profile WWW
January 07, 2023, 10:32:14 PM
 #36

Passwords and other information shouldn't be stored online because they will be exposed to hackers at any time and better to store them in an offline way, but writing them on a piece of paper is not also advisable since third parties can get access to the papers and use your seed phrase at any point.
So it all balls down to you as a person and since passwords can be easily memorized you can memorize them but what about wallet seed phrase that has multiple words and characters that is not possible to memorize them at a go?
What becomes the best option for storage is it online or offline but this also leads us to one fact which is personal discipline a d being able to protect your data from being exposed to third parties.

.
.Duelbits.
█▀▀▀▀▀











█▄▄▄▄▄
TRY OUR
  NEW  UNIQUE
GAMES!
.
..DICE...
███████████████████████████████
███▀▀                     ▀▀███
███    ▄▄▄▄         ▄▄▄▄    ███
███   ██████       ██████   ███
███   ▀████▀       ▀████▀   ███
███                         ███
███                         ███
███                         ███
███   ▄████▄       ▄████▄   ███
███   ██████       ██████   ███
███    ▀▀▀▀         ▀▀▀▀    ███
███▄▄                     ▄▄███
███████████████████████████████
.
.MINES.
███████████████████████████████
████████████████████████▄▀▄████
██████████████▀▄▄▄▀█████▄▀▄████
████████████▀ █████▄▀████ █████
██████████      █████▄▀▀▄██████
███████▀          ▀████████████
█████▀              ▀██████████
█████                ██████████
████▌                ▐█████████
█████                ██████████
██████▄            ▄███████████
████████▄▄      ▄▄█████████████
███████████████████████████████
.
.PLINKO.
███████████████████████████████
█████████▀▀▀       ▀▀▀█████████
██████▀  ▄▄███ ███      ▀██████
█████  ▄▀▀                █████
████  ▀                    ████
███                         ███
███                         ███
███                         ███
████                       ████
█████                     █████
██████▄                 ▄██████
█████████▄▄▄       ▄▄▄█████████
███████████████████████████████
10,000x
MULTIPLIER
NEARLY UP TO
.50%. REWARDS
▀▀▀▀▀█











▄▄▄▄▄█
sheenshane
Legendary
*
Offline Offline

Activity: 2394
Merit: 1215


Cashback 15%


View Profile WWW
January 07, 2023, 11:56:02 PM
 #37

  • If you need to have a backup for recovery, seed phrase is most important. Without it, you can not recover your wallet if your device is broken and can not be fix technically so that you can access your wallet file.
  • If you don't have a backup but your device is well, wallet file is usable, you only need a password to decrypt it and access it. So in this case, password is more important.
  • Of course a backup (should be multiple backups) should be a first thing to do before using any wallet.
I can prefer file backup for wallet.dat but if using a seed phrase wallet, I will only just prefer to go for seed phrase which makes password not to be important to access my coins because if I forget the password, I can still import the seed phrase on a new wallet to have access to my coins, but with wallets like bitcoin core that do not have seed phrase, I will prefer file backup.
The most important thing is the seed phrase, nothing at all.
You can recover a wallet without a password, just simply import it using the seed phrase. 
There are too many ways how to protect our seed phrase or private key as long as you stay away online, you're safe.  A piece of paper or engraved on metal, it's up to you as long as you know it's safe.

It's our responsibility to keep them safe and treat the same as money or any valuable stuff that can be stolen anytime.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
pixie85
Hero Member
*****
Offline Offline

Activity: 2142
Merit: 524


View Profile
January 08, 2023, 12:13:31 AM
 #38

LastPass has a terrible reputation. The last story is still not fully understood. On December 22, the team admitted that the leak was more serious than they expected. And yes, we also remember that the team did not immediately react to warn users. There is an explanation of what happened; you can follow the link.
https://blog.lastpass.com/2022/12/notice-of-recent-security-incident/

But by trusting third parties with our seed phrases or passwords, we are tacitly signing a disclaimer. Therefore, in order not to blame ourselves for any incidents, such as theft or leakage, we must rely only on ourselves. In addition, we all exaggerate the complexity of storing important data. There is always a place in your personal space where you can store things away from prying eyes, be it paper with a seed phrase, a flash drive, or something else. And it is better that there are several archives, but in reasonable quantities.

Everything should be approached with caution and limited trust. I use last pass, it's a great tool. It should not be used to store the most important information like all of your important email addresses, bank accounts, anything that has to do with money or private information.

I use it for burner spam emails, sites that require registration to access but it's nothing important. I've downloaded software a few times that wouldn't allow me to use all features without registration. I don't need to remember my password to such sites in case I ever need them. Also, as long as the data is encrypted and they inform users about a breach you have a lot of time to change your leaked passwords before someone cracks the encryption.

Seed phrases, private keys, everything of this sort should be kept offline, preferably engraved on something that doesn't burn and well hidden.
tech30338
Full Member
***
Offline Offline

Activity: 546
Merit: 125


Defend Bitcoin and its PoW: bitcoincleanup.com


View Profile WWW
January 08, 2023, 03:27:33 AM
 #39

I have not used LastPass password manager before, some people said it is also used for 2 factor authentication, but this is about people that are convenient to store their seed phrase, private key and password using a password manager that can connect online. The password manager uses vault to store people's information which are encrypted. In August 2022, hacker breached data of LastPass users, but can only be accessed using the password the users used to encrypt the data, said LastPass.

LastPass attacker stole password vault data, showing Web2’s limitations
LastPass data breach led to $53K  Huh stolen, lawsuit alleges

What do you think about this? Before hacker can have access to something, that means the vault is online. If something is online, it can be hacked. If a password manager is not offline, do not use it. I like to put my seed phrase on a paper, if you want it safer, you can use a steel backup for it, there are steels that you can buy to backup your seed phrase and it is not a waste of money.

If you are afraid of people not to see your seed phrase and steal it, keep your seed phrase in a very safe place but use passphrase to make it safer.
Its really not safe to store your info to the cloud or to a third party software, first thing is when their system is attack and the hacker gain access to their system, its an open book for them, they can see everything.
The best approach is to put in offline making multiple copies just incase, I'm not saying its the best option, but since online everything is not safe, hackers have a lot of ways, they have their ways to access if they want to, only a matter of time for them.
I'm not saying thats its bad but if you really wan't to be safe I think its one of the best option that I can see.

_act_ (OP)
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1174



View Profile
January 08, 2023, 08:11:51 AM
 #40

The most important thing is the seed phrase, nothing at all.
You can recover a wallet without a password, just simply import it using the seed phrase. 
There are too many ways how to protect our seed phrase or private key as long as you stay away online, you're safe.  A piece of paper or engraved on metal, it's up to you as long as you know it's safe.
There is nothing as important as the private key.

Because the seed phrase can produce the private key, that is why the seed phrase is very important but there is nothing as important as the private key.

Bitcoin core do not have seed phrase, either you backup the master private key or the wallet file. If you backup the wallet.dat, the password will be important if you encrypt it.

▄▄███████▄▄
▄██████████████▄
▄██████████████████▄
▄████▀▀▀▀███▀▀▀▀█████▄
▄█████████████▄█▀████▄
███████████▄███████████
██████████▄█▀███████████
██████████▀████████████
▀█████▄█▀█████████████▀
▀████▄▄▄▄███▄▄▄▄████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀
.
 MΞTAWIN  THE FIRST WEB3 CASINO   
.
.. PLAY NOW ..
Pages: « 1 [2] 3 4 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!