Topic: Saving your seed phrase (Read 204 times)
there were many ways to hide the seed, I personally keep it separated in two different points and then when I need them I rejoin them in case obviously it is inconvenient but it is the safest part, many have asked themselves the problem of its disappearance but we cannot predict everything in life
Two ? I believe it is mandatory to have at least 3 backups among which one should be a digital copy kept offline as secure as possible.
The other should be a physical copy, again as secure as possible. The third can be either of them.
Furthermore, having those three backup's stored in three different secured location very far in distance is another way of preventing their eventual loss at the occurrence of an accident like arson or other natural disaster like flood, landslide, earthquake etc if they are all to be hidden in same near location. The possibility of having an such occurrence taking place simultaneously in the three distant locations is very unlikely. The other should be a physical copy, again as secure as possible. The third can be either of them.
Here is my suggestion and correct me if am wrong, i believe the only option here is to write your seed phrase in a doc or pdf file, and encrypt and also put it in a folder encrypt it with another password, if possible add to another folder but if you can't remember more than two strong password then just go with two, and save it in your Google drive, but before that make sure your email has two factory authentication security. So that it would be difficult for your email to be hacked. This option is not 100% secure and I don't advise you use it when you have a better offline seed backup.
I agree that it can be done and I also agree it is not a solution that will give concrete security. I always believe in the basics and that is to always write down the seed phrases on paper and then store it somewhere which you think is safe. I do believe that rather than having a single copy always have two so incase if one gets destroyed then you will have a backup. You can then go ahead and create another backup of the same.
Two ? I believe it is mandatory to have at least 3 backups among which one should be a digital copy kept offline as secure as possible.
The other should be a physical copy, again as secure as possible. The third can be either of them.
It is very important we all know how to keep our seed phrase save, because if we lose them we can't have assess to our wallet anymore, so is important we keep them save and it is also important we use a strong password for our wallet so as to prevent someone from login in into our account.
Here is my suggestion and correct me if am wrong, i believe the only option here is to write your seed phrase in a doc or pdf file, and encrypt and also put it in a folder encrypt it with another password, if possible add to another folder but if you can't remember more than two strong password then just go with two, and save it in your Google drive, but before that make sure your email has two factory authentication security. So that it would be difficult for your email to be hacked. This option is not 100% secure and I don't advise you use it when you have a better offline seed backup.
Whenever your file touches the internet, then it becomes vulnerable no matter how many times you encrypt the file along with the strong passwords because we are not that good in creating the strongest passwords so it won't take too long for bruteforcing.
For someone who are in the natural disaster region the better way is having them in a usb stick that is at least water-resistant but consider it as only emergency backup when you no longer be able to access any of your offline backups.
It is crucial to know how to safeguard your seed phrases, regardless of how you choose to save them. Ultimately, it is your responsibility to ensure that your seed phrase is protected from natural disasters and other potential threats. I have seen some strange methods of saving seed phrases that may not adequately protect your account in the event of a compromise or if your chosen storage service experiences issues.
In today's world, AI dominates much of our online experiences, making it difficult to keep up with everything. In such circumstances, it is wise to follow @Bureau's advice and focus on your ability to protect your seed phrase rather than relying on external entities. There are many ways to address potential issues, but it is ultimately up to the owner to take responsibility for securing their funds.
If you rely on a third party, holding them accountable is impossible if something goes wrong. For example, I have seen the Ledger wallet being compromised because the owner did not keep up with the latest developments in the cryptocurrency market.
In today's world, AI dominates much of our online experiences, making it difficult to keep up with everything. In such circumstances, it is wise to follow @Bureau's advice and focus on your ability to protect your seed phrase rather than relying on external entities. There are many ways to address potential issues, but it is ultimately up to the owner to take responsibility for securing their funds.
If you rely on a third party, holding them accountable is impossible if something goes wrong. For example, I have seen the Ledger wallet being compromised because the owner did not keep up with the latest developments in the cryptocurrency market.
Here is my suggestion and correct me if am wrong, i believe the only option here is to write your seed phrase in a doc or pdf file, and encrypt and also put it in a folder encrypt it with another password, if possible add to another folder but if you can't remember more than two strong password then just go with two, and save it in your Google drive, but before that make sure your email has two factory authentication security. So that it would be difficult for your email to be hacked. This option is not 100% secure and I don't advise you use it when you have a better offline seed backup.
I agree that it can be done and I also agree it is not a solution that will give concrete security. I always believe in the basics and that is to always write down the seed phrases on paper and then store it somewhere which you think is safe. I do believe that rather than having a single copy always have two so incase if one gets destroyed then you will have a backup. You can then go ahead and create another backup of the same.
It is been told that we must not save our seed phrase online, that is pron to hacking when we do so, and even if it's a secure place like our Gmail or Google drive, it's not safe. But I have been thinking lately concerning this matter, especially when you are in a place where natural disasters can happen or when some physical factors could affect your physical storage of seed phrase what will you do in that scenario?
Here is my suggestion and correct me if am wrong, i believe the only option here is to write your seed phrase in a doc or pdf file, and encrypt and also put it in a folder encrypt it with another password, if possible add to another folder but if you can't remember more than two strong password then just go with two, and save it in your Google drive, but before that make sure your email has two factory authentication security. So that it would be difficult for your email to be hacked. This option is not 100% secure and I don't advise you use it when you have a better offline seed backup.
Here is my suggestion and correct me if am wrong, i believe the only option here is to write your seed phrase in a doc or pdf file, and encrypt and also put it in a folder encrypt it with another password, if possible add to another folder but if you can't remember more than two strong password then just go with two, and save it in your Google drive, but before that make sure your email has two factory authentication security. So that it would be difficult for your email to be hacked. This option is not 100% secure and I don't advise you use it when you have a better offline seed backup.
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