Many bitcoin investors use hardware devices, paper wallets, and multi-signature solutions to keep their wealth safe from online threats such as hackers and malicious viruses. However, there are more extreme cold storage options for those who have lots of bitcoins, like $100,000 worth of BTC or more. One such process, a method called the Glacier Protocol, provides a step-by-step high-security convention for bitcoin cold storage.
A lot of people rely on hardware wallets or other methods of secure bitcoin storage so they can keep their cryptocurrency safe. Most people are ok with the amount of security these types of wallets provide, but there are more extreme measures of cold storage. One of these methods is a self-managed solution called the Glacier Protocol which offers free software for a method that keeps private keys secure, isolated, and offline. The solution is not intended for those who want to use their bitcoin on a daily basis and is more for those looking for a more critical security framework. The Glacier Protocol’s target audience is meant for those who don’t trust USB connection vulnerabilities, and general offline key creation. Although, the Glacier creators do understand and state on their website that there is no 100 percent secure method for key storage, as all processes can be vulnerable.
Read More Here >>> https://news.bitcoin.com/extreme-cold-storage-fortress-solitude-bitcoins/
Topic: [2017-10-23] Extreme Cold Storage: A Fortress of Solitude for Bitcoins (Read 327 times)
October 23, 2017, 08:42:33 AM
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