Pages:
Author

Topic: encrypting seed phrase with a password - page 3. (Read 657 times)

legendary
Activity: 1526
Merit: 1359
June 04, 2024, 04:54:04 PM
#3
I have an idea how to protect my seed phrases.

Wasnt the BIP39 passphrase invented for this very reason?  Look, multiple layers of encryption sound good in theory, but you are just adding complexity and failure points.  If you forget a password, mess up the encryption, or lose a USB stick, you are screwed.  BIP39 phrases are strong enough on their own if you write them down on paper, split them up securely, and keep them safe.  This feels like overthinking it and inviting trouble.

Besides, I cant think of a single advantage why it would be better to store a seed phrase on an electronic device like a USB stick rather than written on a physical medium like paper or a steel plate.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
June 04, 2024, 04:53:45 PM
#2
I do not know about that tool but I do not need it as long as I am dealing with bitcoin. Passphrase is enough for me to extend the wallet which is also like wallet encryption.

Another is the wallet file encryption. These two are enough for me because the more I make the security complicated, the closer I am getting closer to lose the coins.
newbie
Activity: 17
Merit: 1
June 04, 2024, 04:41:10 PM
#1
I have an idea how to protect my seed phrases.

The first step would be to generate it it offline.

Second step would be to encrypt it (also offline) with a password.

Third step would be to pack that text file with encrypted seed phrases in a rar archive which would be protected with another password.

After that, I would copy that rar archive to protected USB sticks. And of course, I would delete the original file (but previously I would save it as an empty file).


I've found one tool on github (the link is below) for encrypting and decrypting text with password, but I am curious how secure that method of encrypting is, and are there any stronger algorithms for encrypting and decrypting text with a password?

https://github.com/blws/text-encrypt
Pages:
Jump to: