bitcoin private key storage - page 2.

Zilon

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Bitcoindata.science

Quote from: pawanjain on February 28, 2022, 10:34:41 AM

I have read that many people choose to store their bitcoin private keys on steel plates by engraving the seed phrase on the plates.
I thought of doing the same and so I searched for vendors around me and contacted one of them.
After discussing with the vendor I got to know that we can engrave the keys on steel as well as aluminium plates.
He also said that aluminium plates are cheaper than steel but on the other hand steel is stronger than aluminium.
And so I have the below two questions to ask you guys before I proceed with securing my keys.

1. Should I go with aluminium or steel plates ?

2. Wouldn't it be a risk if I give my keys to the vendor to engrave it on the plates ? What if he steals my coins?
Also, If I don't give the words to the vendor how will he engrave it ?

One solution that I can think of is to find 3-4 similar vendors and give a few words to each of them to engrave on the plate

Nearly everyone knows the value of private key in the society today. Entrusting any one to engrave your private key or seed phrase on any metal be it aluminum or steel could be even more riskier than having exchange hold your coins. It's best to use a seed phrase generated wallet carefully write down your seed phrase and save it your self in a safe or any private place. No one deserves the trust in this age and time

BITCOIN4X

legendary

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If you have family and people you can trust for your money and wealth, then I don't think you need to do anything complicated to secure your private key or the seed of your bitcoin address.

I think you can write every word and correct order for your seed on the back of the one few photos hanging on your bedroom wall either in secret or known to your family especially only your wife. It was much safer than entrusting someone else to paint or engrave it on a steel plate. I won't do complicated things to secure my private key or wallet seed if I have 10-100 bitcoin in the wallet because there are many easy ways to secure it. Bitcoin and wealth should not make me change my attitude and no longer trust those closest to me, even my own wife.

BitMaxz

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Block halving is coming.

Private keys are much more sensitive than seed because even you hired 4 people to engrave it there are possibilities that one of them knows about bitcoin and private keys and use a few parts of your private keys for brute-forcing.

Why not do it with yourself? Buy a metal sheet and buy a portable driller or micro engraver pen it's cheap and not so expensive compared to buying a machine.

It would be much safer than hiring someone to engrave seed and private keys.

pawanjain

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Nothing lasts forever

Quote from: Lucius on February 28, 2022, 11:58:55 AM

Quote from: pawanjain on February 28, 2022, 10:34:41 AM

2. Wouldn't it be a risk if I give my keys to the vendor to engrave it on the plates ? What if he steals my coins?
Also, If I don't give the words to the vendor how will he engrave it ?

You have been on the forum since 2016 and you have not yet learned how important it is to keep such information private at all costs? Luckily you asked the question first, and you didn't send your seed to a stranger - which would very likely mean you lost everything you have. Look at the links posted by @mk4, because not all such products are effective in protection against high temperatures or chemicals, so be careful when choosing.

Ofcourse I know how important the private key is. I wouldn't have shared all the words to the vendor and would have opted to do it from 3-4 different vendors.
That's the reason why I made this thread to ask how the engraving is done at first place. I was wondering how so many people got their keys on the plates.
How can I do it myself because I don't have an engraving machine. This is why I was confused and thought to ask you guys here.

Lucius

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Quote from: pawanjain on February 28, 2022, 10:34:41 AM

2. Wouldn't it be a risk if I give my keys to the vendor to engrave it on the plates ? What if he steals my coins?
Also, If I don't give the words to the vendor how will he engrave it ?

You have been on the forum since 2016 and you have not yet learned how important it is to keep such information private at all costs? Luckily you asked the question first, and you didn't send your seed to a stranger - which would very likely mean you lost everything you have. Look at the links posted by @mk4, because not all such products are effective in protection against high temperatures or chemicals, so be careful when choosing.

mk4

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You etch/stamp the words yourself obviously.

As for what sheet to buy, Jameson Lopp did a stress test(by torching, acid washing, and crushing the crap out of them) on almost all the seed storage products being sold online.

Check it out:
- https://jlopp.github.io/metal-bitcoin-storage-reviews/
- https://blog.lopp.net/tag/cold-storage/

Marvell1

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Quote from: pawanjain on February 28, 2022, 10:34:41 AM

I have read that many people choose to store their bitcoin private keys on steel plates by engraving the seed phrase on the plates.
I thought of doing the same and so I searched for vendors around me and contacted one of them.
After discussing with the vendor I got to know that we can engrave the keys on steel as well as aluminium plates.
He also said that aluminium plates are cheaper than steel but on the other hand steel is stronger than aluminium.
And so I have the below two questions to ask you guys before I proceed with securing my keys.

1. Should I go with aluminium or steel plates ?

2. Wouldn't it be a risk if I give my keys to the vendor to engrave it on the plates ? What if he steals my coins?
Also, If I don't give the words to the vendor how will he engrave it ?

I think steel will be stronger than aluminum.
It is too dangerous to give keys or seeds to others. The private key is like the key to the house you are in. If you give them the key and one day they can break into your house and take your precious essentials. Think carefully before doing it.

Quote from: pawanjain on February 28, 2022, 10:34:41 AM

One solution that I can think of is to find 3-4 similar vendors and give a few words to each of them to engrave on the plate

Seems like a good idea. But make sure these people are not closely related and their geographical distance is not too close.

TheBeardedBaby

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₿uy / $ell

Quote from: pawanjain on February 28, 2022, 10:34:41 AM

I have read that many people choose to store their bitcoin private keys on steel plates by engraving the seed phrase on the plates.
I thought of doing the same and so I searched for vendors around me and contacted one of them.
After discussing with the vendor I got to know that we can engrave the keys on steel as well as aluminium plates.
He also said that aluminium plates are cheaper than steel but on the other hand steel is stronger than aluminium.
And so I have the below two questions to ask you guys before I proceed with securing my keys.

1. Should I go with aluminium or steel plates ?
2. Wouldn't it be a risk if I give my keys to the vendor to engrave it on the plates ? What if he steals my coins?

Never give anyone your seed/pr. key! NEVER!

There are many different solutions where you can engrave/mark your seen phrase yourself.
Depending of the type of aluminum, the melting point of of the pure aluminium is around 660C, but there are different aluminum alloys with higher melting point. So ti really depends what type of alloy you want to buy.

Charles-Tim

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Why not backup seed phrase instead of private key. Why not create a seed phrase generated wallet? See phrase are easy to backup without no human error if compared to private key.

Quote from: pawanjain on February 28, 2022, 10:34:41 AM

1. Should I go with aluminium or steel plates ?

Go for steel, it is fire/heat resistant than aluminum

Quote from: pawanjain on February 28, 2022, 10:34:41 AM

2. Wouldn't it be a risk if I give my keys to the vendor to engrave it on the plates ? What if he steals my coins?

It is not wise at all, your seed phrase or private key should remain to yourself. You seed phrase or private key is your coin, hope you know that. If you let anyone know your seed phrase or private key, it means you give the person your coin to steal.

pawanjain

hero member

Activity: 2674

Merit: 713

Nothing lasts forever

I have read that many people choose to store their bitcoin private keys on steel plates by engraving the seed phrase on the plates.
I thought of doing the same and so I searched for vendors around me and contacted one of them.
After discussing with the vendor I got to know that we can engrave the keys on steel as well as aluminium plates.
He also said that aluminium plates are cheaper than steel but on the other hand steel is stronger than aluminium.
And so I have the below two questions to ask you guys before I proceed with securing my keys.

1. Should I go with aluminium or steel plates ?

2. Wouldn't it be a risk if I give my keys to the vendor to engrave it on the plates ? What if he steals my coins?
Also, If I don't give the words to the vendor how will he engrave it ?

One solution that I can think of is to find 3-4 similar vendors and give a few words to each of them to engrave on the plate

Topic: bitcoin private key storage - page 2. (Read 272 times)