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Author Topic: Ask yourself again if your Private Keys and Life are safe or not.  (Read 346 times)
RockBell
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September 14, 2024, 06:47:32 PM
 #21

I watched a clip of the flooding in Maiduguri, the water level was as high as 6ft that some persons had to climb to the roof top of buildings for safety and the thought that came to my mind was if this had happened to where I'm, what would be fate of my backups.

I think the flooding disaster is a wakeup call to some of us who stores our seed phrase on a piece of paper to have multiple backups elsewhere incase something like this happens, we won't lose our funds, or better still, get a metallic plate.

The seed phrase is more than a password and it is the only thing you have to be able to access your money and if you lose it then you have to start thinking of how to start afresh because there is nothing you can do to be able to have access to does coins. and not only the flood their other natural disaster and even accidents can happen in this case of flooding that occurred in Maiduguri it was not as if they were prepared for what was supposed to happen, and when it starts occurring you might not even think whether seed phrase or not and if it has been written on a paper then it is going to get lost. if we are saving it we have to save it where it will not be affected by natural disasters. and saving on the cloud is even worse because of hackers you will have to avoid saving it on the cloud because of the internet.  another big question is where you will want to save it so that you won't have to worry about saving any longer. and this flooding is what will open our eyes to how we can find the right place to save our Bitcoin,  even if you have multiple backups what if it is the same city then there is no difference, how else can it be safer?

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September 15, 2024, 05:59:03 AM
 #22

The essence for creating this thread is for us to ask ourself again on how prepared we are for the worst to happened, also, its time that we begin to review on the kind of environment that we live in, ensuring not to be riverine area or close to dam, because the latter rains are falling heavily and causing flooding in so many countries now.]
Any form of natural disaster can happen irrespective of what it where we are located. Fortunately for our part of the world one form of natural disaster we have never had is that of an earthquake and wildfires. However we can't be sure of what natural disaster that may be-fall us where we may run to thinking that it's safe. So my two cents on this is that of having our seed phrase stored at multiple locations.

Storing our seed phrase at multiple locations that you're confident to be secure locations is just one way I think better to prevent a loss from natural disaster of this nature. Because the flood that happened recently in Maduguri Nigeria didn't cover the entire state, there were still higher grounds where people still have there normal life going on.

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September 15, 2024, 06:19:17 AM
 #23

The essence for creating this thread is for us to ask ourself again on how prepared we are for the worst to happened, also, its time that we begin to review on the kind of environment that we live in, ensuring not to be riverine area or close to dam, because the latter rains are falling heavily and causing flooding in so many countries now.

Natural disasters na one thing wey I dey fear like die because I dun see how e destroyed people life and their savings vanished for people wey been invested so much into landed properties.
Na why diversification into different sectors dey always good as an Investor because you no fit know the fate of the world and how things go be in the coming years.

For this matter of keeping our private key safe, most other better methods no dey very achievable to us but one thing I dey tell people wey I dey teach crypto na say, writing down on paper na the surest way but now you get to think of natural disasters and the most common to us na flood therefore, laminating the paper to make am water proof na the best thing to do.

If flood happens, your private keys go still dey safe for your house. If you get money you fit add safe for house join and keep your sensitive information inside incase of fire outbreak and the rest, Yes them get fire resistant safe them.

This is impressive, your thoughts both cam in with another dimension on full insight towards the situation on ground, which also advises that we should always be getting prepared ahead of time for the unpplanned, even its something we never wish to see happened, but in cease it do, what will be our fate, what are we going to be left with.

Considering the Laminated material for securing our seeds is a perfect idea as well as having the second thought that we may not only have to consider water alone in this disaster, but fire could come in by any form and unpredictable as well, its time we all begin to consider the safety of our assets just as we care more about our health, because there lies our treasures.

~
After flood, there's another one though it's not a type of a natural disaster but it could take the form of a natural disaster and that's Fire ( it could take the form of natural disaster when it accompanied by storm most times e.g  Fire whirl,Fire storms, hurricane-fire e.tc). Fire is common everywhere but as a natural disaster, it's not common in Nigeria.

Thus, if we will be thinking of Paper as a safe method we should also consider Fire too and keeping it in a fire resistance material will be a nice idea could be like a safe. There's no actual perfect method though, but it's good to always look into different possibilities too.



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September 15, 2024, 01:33:39 PM
 #24

Natural disaster is a terrible occurrence that causes a lot of damage.Lives, animals, roads and important documents are destroyed by natural disasters.In the crypto space, crypto enthusiasts are advised to keep their private keys and seed phrase safe from any form of destruction.
Everyone knows best how to keep their valuables safe,for the fact that it doesn't get destroyed after the flood.I have an idea to share concerning how to keep our seed phrase and private keys safe,when we say seed phrase it means a recovery phrase,and it's best we backup our seed phrase offline and on several papers not just one,incase one was destroyed you probably still have some left.During a flood season you can put your private keys/seed phrase in a file and hide it at the top of your roof if only the flood doesn't get the level of the roof or encrypt your private keys/seed phrase on a steel and hide it.Its important to note that the same energy we apply to keep our seed phrase safe during natural disasters is same energy we apply to keep our lives safe because our lives is more precious than anything we could think of.
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September 15, 2024, 01:47:23 PM
 #25

Most times natural disasters happen when we least expect them, on few occasions it can give us signs that it will happen but most times it doesn't. As Bitcoin holders one of the most important aspect is the security of our seed phrase, without it the person's coins can be lost forever and you can not hold anybody responsible for it.

The flood disaster that happened in Borno, state, should be a reminder to every Bitcoin holder that no matter how safe they keep their seed phrase that it can still be lost. During severe disasters when you are fighting to safe your life and go to a secured place, looking for your seed phrase that might be displaced will not be a priority at that time. A lot of risks are associated with the safekeeping of seed phrase, hiding it from criminals, fire disasters, natural disasters and not saving it online because of hackers.

No matter the method that you choose to hide your seed phrase whether you write it on papers or engrave it on steel plates the most important thing is to secure it in more than one location.
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September 27, 2024, 08:35:14 PM
 #26

The essence for creating this thread is for us to ask ourself again on how prepared we are for the worst to happened, also, its time that we begin to review on the kind of environment that we live in, ensuring not to be riverine area or close to dam, because the latter rains are falling heavily and causing flooding in so many countries now.

Why not ask yourself this, if you're in Maiduguri or Bangladesh to experience flood like these.

What could have happened to your seed phrase backup material or location, mobile device and computers,  internet device and connectivity, not to talk of your own personal life and safety.

This Maiduguri flood really touched my down because no place in Maiduguri this flood never entered and imaging if someone has started and then back up seed phrase on such kind of location, by now it's assumed the location has been compromised by running water, no way it's going to be difficult to found again because if water could move how, how do you think it's not going to move your seed phrase back up on metallic plate, it will be difficult to track.

However, I think back up means to be backup. Just because you are expected to back up something doesn't mean one had to throw away or be careless about the origin. As you protect your seed phrase in another location, so is your responsibility to safe keep this particular one in your hand.m, the back is just to give you hope incase it got stolen or not found so that we don't have to cry later in this kind of unfortunate situation. Lets all he safe this raining season.

R


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October 03, 2024, 10:32:37 AM
 #27

In regards to the issue of considering our wallet passphrase and secrets, I will suggest we look for somebody we trust and tell them our passkeys and passphrases. I said this because our life is not in our hands. Nobody is praying for bad things to happen but life can be uncertain in regards to this, that's why it is good for us to look for somebody we can trust and hand over the details of our Bitcoin wallets Incase anything happens.
Remember if you die it is over and if nobody has access to your assets it will be bad and a wasted effort.
So I suggest we look for somebody we can trust and tell them our codes, keys and passphrases.
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October 03, 2024, 11:43:06 AM
Merited by Marvelockg (4), Sim_card (2)
 #28

What could have happened to your seed phrase backup material or location, mobile device and computers,  internet device and connectivity, not to talk of your own personal life and safety.
Personally, I've got my own pattern of securing my seed phrases from time immemorial. I run my local server myself and encrypt my seed phrases using a secret key and write it to another file. I then upload it online to my drive.

I don't care for it getting compromised or not because I'm 70% sure you can't decrypt it without the secret key and the secret key is known by only myself. What I store offline is the secret key and you'll never guess it's off such importance when you'll see it.

Whatever happens, I'll still get access to a computer and collect my encrypted data from my drive online or offline and still decrypt it locally in an air gapped and clean PC and everything returns to normal. I gat no worries at all for any disaster.

Even if I'm no more, my siblings knows where to get the drive and do the decryption themselves. I've taught them what they should know.











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Agbamoni
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Activity: 490
Merit: 361


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October 03, 2024, 12:58:37 PM
Merited by Ruttoshi (2)
 #29

There is saying that unless God watched over a city the watch men watched in vain. In my understanding is that we have to put every effort to make sure our keys are fully secured by adhering to the guidelines of security. And from time to time, we should keep checking where we store our keys to find out if everything is okay with it whether it is a hardware device or in written papers. Anyhow we do it, we put in our best and let God do the rest for us. Sometimes there are things we can't stop from happening but praying to God for full control over it can change a lot.

Natural disaster fears no man. When it comes it will wipe anything that comes into its path. And that is why everything that was meant to be safe before was lost on one day or a few weeks.

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Duelbits
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Doan9269 (OP)
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October 03, 2024, 05:10:35 PM
Merited by Igebotz (1)
 #30

In regards to the issue of considering our wallet passphrase and secrets, I will suggest we look for somebody we trust and tell them our passkeys and passphrases. I said this because our life is not in our hands. Nobody is praying for bad things to happen but life can be uncertain in regards to this, that's why it is good for us to look for somebody we can trust and hand over the details of our Bitcoin wallets Incase anything happens.
Remember if you die it is over and if nobody has access to your assets it will be bad and a wasted effort.
So I suggest we look for somebody we can trust and tell them our codes, keys and passphrases.

I will say that you first read more carefully on the reply made by this user Antotena from the quoted post below, i think that should answer your question.

Now in addition to what had been given already, i will employ that we shouldn't be careless form how we handle things, even when we are using the safest storage materials and we couldn't maintain a good privacy and security measures, we may have to risk losing it all to another person, before we can ensure our keys to someone, then we have to be rest assured that they worth having access to it, as well as when we experience any funny show from them, we will count it an experience from within.

However, I think back up means to be backup. Just because you are expected to back up something doesn't mean one had to throw away or be careless about the origin. As you protect your seed phrase in another location, so is your responsibility to safe keep this particular one in your hand.m, the back is just to give you hope incase it got stolen or not found so that we don't have to cry later in this kind of unfortunate situation. Lets all he safe this raining season.

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Marykeller
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October 06, 2024, 05:24:25 PM
 #31

What could have happened to your seed phrase backup material or location, mobile device and computers,  internet device and connectivity, not to talk of your own personal life and safety.
It has been said over and over again in this forum that your seed phrase back up should be stored in three different location far from each other. Just like the flood at Maiduiguri , it didn't affect Lagos or River state which means that it is only your seed phrase in Maiduguri that will be lost and you can get your other backups to access your wallet.

The reason behind this is that, natural disaster cannot happen in all the stats in a country at the same time, otherwise all most all the citizens would be affected. As for the internet, it would be fixed later and that shouldn't be a problem. The first thing anyone that finds himself in such disaster should do is to rescue himself and his phone first before any other thing because the rest would be taken care of if you have your seed phrase backed up in different location.
It's idea to have your seed phrase stored in different locations d much okay but no be peso wey get different locations as their own home go think of having their seed phrase stored in different locations. As I d now, I d live in southern part of Nigeria. I have no other house or rented apartment in other states that I go talk say em d under my custody apart from the one I am occupying currently. Will someone begin to advice me to travel to other states to rent an apartment over there to have my seed phrase stored over there because of issues like this(natural disaster)

This different locations ideas requires money to have it done. Someone seed phrase no be wetin you go begin rent house for or begin to think of having it kept in someone else house, you are a visitor to. Reason am.

However, nobody d pray for bad thing to happen but there are things wey peso no fit do easily even though the idea given to them d okay and legit. As many of us dey here, our seed phrase no d far from our reach even though it is hidden in different places, in our apartment.

 
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........5,000+........
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............VIP............
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