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Topic: How safe is to storage private keys in the cloud? - page 3. (Read 6234 times)

hero member
Activity: 2870
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i am not prefer to save my bitcoin in the cloud, because not all the time, the cloud can be safe and we know it. i think i am feel better to safe my bitcoin into my pc or my android phone so i can manage directly my bitcoin in my wallet.
full member
Activity: 127
Merit: 101
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It is unsafe. That's why I had stopped using my blockchain.info account and migrated to mobile wallets where only I have control of my keys. I am also generating some vanity address on my PC (online but browsing only trusted sites like bitcointalk) and store the keys only in my PC's hard disk.

P.S. I have lost a litecoin on a scam wallet site. You have been warned.
legendary
Activity: 1218
Merit: 1007
Can someone know where a private key belongs once a person have found it?

Let's say a private key copy is stored in the cloud and is found for a bad person; is it possible for that person to know where to use that private key?
Dubious at best, highly unadvisable imo. There isn't really any point to doing any of that when you consider the security risks, however even if your key is compromised you might get lucky and the hacker won't recognize it as a wallet private key.

I wouldn't do it, you shouldn't do it, and it is far better to opt for a ton of hand-made copies or similar copies as opposed to holding it in the cloud.
hero member
Activity: 714
Merit: 500
Can someone know where a private key belongs once a person have found it?

Let's say a private key copy is stored in the cloud and is found for a bad person; is it possible for that person to know where to use that private key?
I'd definitely say no to that. Online is no way secure, its like you're letting someone hold on to your data, its upto them and millions of others if they let it stored or not.
So if it is something worth keeping safe, offline is the best option.
legendary
Activity: 1708
Merit: 1036
I would not recommend storing your private keys into cloud as it has significant chances of getting hacked. If possible store it offline. Write down the private key in a notebook stored in a safer place in your house.

Private keys are not required to use very frequently. If you are holding a very small amount of Bitcoin then storing into cloud is ok but if you are Holding a significant amount of Bitcoin then take precautions and act accordingly.

Ever had a house fire? Or a burglar? Or just lost an important piece of paper (or had a spouse toss it or a toddler turn it into paper-mache)? I sincerely hope this is not what anyone is doing.
newbie
Activity: 13
Merit: 0
1. Hardware wallet
2. paper wallet
3.
4.
5.
6. cloud - as in not safe at all.
legendary
Activity: 3164
Merit: 1025
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Someone that will hack you will be someone that is probably aware of Bitcoin. I wouldn't also trust the societies that provide you such services. They're well-known to attack the privacy of their customers.
of course the hacker knows what is bitcoin. No one will hack a non sense thing (If the hacker didnt know what is bitcoin)

Me too , Its not good if you put your private key on a cloud storage. I can just put it on my phone or maybe i can just jut down it on my notebook
Nope, Place it into a lot of the place, sometimes securing it in your cell phone will so risky. Anytime you can lose it and if you don't have any backup and then you will lose your money.

But every  person want to steal bitcoin was knowing about that, the private key, they understand about that.
legendary
Activity: 1134
Merit: 1598
I think the chances of getting it stolen by thieves in your home are way lower than having it somewhere online. Write these private keys, laminate them and hide them somewhere. If you want you can even type them from the right to the left so if anyone tries it, it doesn't work (like flipping it horizontally).. Hackers can get online and hack just anywhere in the world, while the chances of getting a home theft are pretty low.
hero member
Activity: 1666
Merit: 701
Can someone know where a private key belongs once a person have found it?

Let's say a private key copy is stored in the cloud and is found for a bad person; is it possible for that person to know where to use that private key?

Just rename the file something like family_pics_2009.zip and it will be totally safe.  Cheesy

lol. it makes sense anyway. the name is unpredictable  Grin

well, private key is an access to someone wallet. so if a hacker knows your private key, it is very possible to him to take control of your wallet. that's why saving your private key in a cloud is not recommended, unless you are cleaver enough to name the file.
full member
Activity: 207
Merit: 100
Anything you store online has its own risk .So if you are planning to to store anything online make sure you understand the risk involved in it.Even banks are getting hacked now a days and so you can imagine how the security measures will be for a cloud hosting service.
legendary
Activity: 1386
Merit: 1020
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Its not really safe to store private keys on online even on those cloud storage,the chance of being hacked is high if someone is aware about bitcoin and do hacked your cloud storage then say goodbye to your bitcoin because they could easily import it and transfer all bitcoin into another wallet.Thats why its better to store private keys on a safe place like hardware or offline wallets.
hero member
Activity: 924
Merit: 1001
It is not safe in my opinion if you upload it into cloud unless if you are just upload privately.. but it is better to make it rar your private keys should be in rar and put an password before you can upload it in any cloud server.. if you just upload without password or privately if someone found it they can ask to someone if what is that and import it into wallet and get you bitcoin like other said.. so always use rar archival and put password.
newbie
Activity: 28
Merit: 0
I wouldn't do that.
legendary
Activity: 2492
Merit: 1145
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Someone that will hack you will be someone that is probably aware of Bitcoin. I wouldn't also trust the societies that provide you such services. They're well-known to attack the privacy of their customers.
of course the hacker knows what is bitcoin. No one will hack a non sense thing (If the hacker didnt know what is bitcoin)

Me too , Its not good if you put your private key on a cloud storage. I can just put it on my phone or maybe i can just jut down it on my notebook
newbie
Activity: 30
Merit: 0
Someone that will hack you will be someone that is probably aware of Bitcoin. I wouldn't also trust the societies that provide you such services. They're well-known to attack the privacy of their customers.
hero member
Activity: 2814
Merit: 518
If they are zip/encrypted offline,  placed in an encrypted veracrypt container (offline) and stored in a zero knowledge cloud risk is very negligible.  I just like to have options.

That will work. Just don't lose or forget your decryption keys. I store some BTC in an encrypted wallet within an encrypted zip file attached to a gmail draft message  Grin. It is ready to use anytime from anywhere in the world (except maybe in China and a few other countries where gmail doesn't work).

gmail doesnt work in china? even with vpn?

With VPN, it should work.
hero member
Activity: 840
Merit: 520
Thats a very dangerous idea. Storing your private keys at any cloud storage service is not recommended. If someone get into your cloud storage. Thats it, goodbye to your bitcoins. You can store your bitcoin in a cold storage which is way more safer than storing it at cloud storage. Cloud storage doesnt guarantee you security. Thats is not meant for storing private keys.
newbie
Activity: 38
Merit: 0
Trezor is so cheap now. If you have a lot of bitcoin just use it. Save yourself the headaches. Why risk it.
newbie
Activity: 10
Merit: 0
If they are zip/encrypted offline,  placed in an encrypted veracrypt container (offline) and stored in a zero knowledge cloud risk is very negligible.  I just like to have options.

That will work. Just don't lose or forget your decryption keys. I store some BTC in an encrypted wallet within an encrypted zip file attached to a gmail draft message  Grin. It is ready to use anytime from anywhere in the world (except maybe in China and a few other countries where gmail doesn't work).

gmail doesnt work in china? even with vpn?
legendary
Activity: 3080
Merit: 1500
I would not recommend storing your private keys into cloud as it has significant chances of getting hacked. If possible store it offline. Write down the private key in a notebook stored in a safer place in your house.

Private keys are not required to use very frequently. If you are holding a very small amount of Bitcoin then storing into cloud is ok but if you are Holding a significant amount of Bitcoin then take precautions and act accordingly.
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