Pages:
Author

Topic: How do you protect bitcoin from an Electro-Magnetic Pulse? - page 3. (Read 8471 times)

full member
Activity: 184
Merit: 100
pardon me sir. but at this point these are the safety instructions:

1) Get the wallet on a flash stick.
2) Wrap the flash stick with kitchen foil.
3) Stick it in naturally protected smelly hole.


Cheesy

again off-site backup is not the solution as it is not protected itself. and ol'paper wont hold your wallet.
newbie
Activity: 42
Merit: 0


2. What are some of the possible defenses?



Make sure you keep them under a highly conductive surface layer.
full member
Activity: 406
Merit: 100
I don't think they're worth all too much if half the internet is in range of EMP blasts. Otherwise, just have an encrypted backup on a server elsewhere.

Anyways, try not to live where there's a high chance of a nuclear war.
In other words: move from the northern to the southern continent. South Africa of South America.
legendary
Activity: 1400
Merit: 1005
Have you tried putting a CD on a microwave oven? Is that too far from an EMP?
Pretty sure that microwaves and EMP waves are completely different, but you could be right.
full member
Activity: 196
Merit: 101
Wrap your head with material to make a Faraday Cage... it will protect you from anything bad. Tin foil is a good material for this.
legendary
Activity: 1736
Merit: 1006

It's hilarious how some people think Bitcoin will save them in some sort of global catastrophe.

No, the question was not how to protect bitcoin to save us from disaster, this is about us saving the bitcoin system for the future. .

Humanity does recover from disasters, you know. It would be nice to have bitcoin intact so we can carry on using it when the infrastructure is rebuilt. Cause you know, it was a hell of a lot of work to create!

Ironically, owning gold during a crisis, is next to useless also, because its value will be greatly diminished compared to vital commodities like clean food, water, and blankets. Might as well just save it, bury it somewhere and 10 years down the road it will come in very handy.
full member
Activity: 154
Merit: 100
Faraday cage w/ a beefy series mode surge suppression followed by a good conventional surge suppressor.  Or you could go the cheaper and more practical route of online distributed international backup. In case both of these fail follow this guide:
http://www.google.com/products/catalog?client=ubuntu&channel=fs&q=zombie+survival+guide&oe=utf-8&um=1&ie=UTF-8&tbm=shop&cid=4948039778986383934&sa=X&ei=CQ8RTof2CI2osAKyjK32CQ&ved=0CCsQ8wIwAQ
 
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
Have you tried putting a CD on a microwave oven? Is that too far from an EMP?
hero member
Activity: 527
Merit: 500
Put your backup into a safe. Should work as faraday cage.
legendary
Activity: 1400
Merit: 1005
CD/DVD backup.  Make one.  That's about the only storage medium I can think of that would survive EMP.  Even a flashdrive would be toast - it doesn't have to be connected to the grid (or anything) with an EMP blast.
hero member
Activity: 812
Merit: 1001
-
Quote
How do you protect bitcoin from an Electro-Magnetic Pulse?

Faraday Cage.
hero member
Activity: 672
Merit: 500
If you're talking about an EMP taking down large parts of the Bitcoin network, well, let's just say you'll have more pressing concerns if that happens.

Exactly.  It's hilarious how some people think Bitcoin will save them in some sort of global catastrophe.  Potable water, food, shelter, Guns/Ammo, and maybe gold/silver will be way more important in a mass EMP attack then stupid bits of code.
hero member
Activity: 616
Merit: 500
Firstbits.com/1fg4i :)
My bitcoins are safe because they're on a Paper Bitcoin Wallet.  (see sigline)
Paper is only safe from hackers that don't act on meatspace as well, and also it still doesn't rule out the possibility of data corruption
hero member
Activity: 637
Merit: 502
To protect myself from EMP. I encrypted my wallet (I used GPG but you can choose your favorite tool). I created a QR code with qrencode. I printed the QR code on a piece of paper. Keep the paper into a safe place.
legendary
Activity: 2408
Merit: 1121
While thinking about the possible attacks against bitcoin holdings the threat of Electro-Magnetic Pulses popped up. So my questions are:

1. How susceptible are bitcoin holdings to Electro-Magnetic Pulses (whether they be highly targeted or a more generalized attack)?

and

2. What are some of the possible defenses?

Thanks,
Trader Steve

This attack scenario is reduced to the question "What will we do if the internet is attacked?"

The answer is - nothing, routing protocols will allow traffic to continue as long as some routers are still active. If the network is swamped to the degree of nothing getting across, or massive damage, then we have bigger problems than protecting our wallets.

Given that the internet was designed to survive massive damage, I'd say we have an advantage over non-decentralized systems.
legendary
Activity: 1615
Merit: 1000
If you're talking about an EMP taking down large parts of the Bitcoin network, well, let's just say you'll have more pressing concerns if that happens. Most likely that would be the result of a global nuclear conflict, in which case you want to be asking yourself whether you have food, water and shelter to hold out for several months. If you survive that, you then want to ask yourself how you're going to survive in the post-nuclear wasteland the Earth has become. By this point you'll likely have forgotten all about Bitcoins.
vip
Activity: 1386
Merit: 1141
The Casascius 1oz 10BTC Silver Round (w/ Gold B)
My bitcoins are safe because they're on a Paper Bitcoin Wallet.  (see sigline)
legendary
Activity: 1736
Merit: 1006
Anything an EMP could do to bitcoins it can also do to banks...

You mean it can effectively empty the safe?


The banks *might* have 10% cash reserves. It might as well be empty in an EMP scenario. Assuming the EMP is powerful enough take out communication lines as well as data storage.

legendary
Activity: 1736
Merit: 1006
EMP = game over for ALL industries relying on electronics.
legendary
Activity: 1134
Merit: 1002
You cannot kill love
This is a very valid question.  You could always print a backup copy, which is probably the most secure method in this situation.
Pages:
Jump to: