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Topic: Security issues relating to Private Keys storage - page 2. (Read 574 times)

newbie
Activity: 40
Merit: 0
I think it's ok to upload them to sites like Dropbox and your email, so long as you encrypt them. Even if someone else gets access to them, they won't be able to use them.
sr. member
Activity: 1400
Merit: 269
Yep storing your private keys on a keystore, json file, seed word, other mnemonic phrases is actually bad because it can be stolen through MITM or man in the middle attack. This happens when the attacker has manage to get into your network and sniff all your data from that network. I've heard that a cold storage is much safer.
full member
Activity: 364
Merit: 103
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others. From my little research and experience, I personally think to keep these sensitive data isn't the best due to its nature of proneness to unauthorized accesses.

I'm positive there are individuals in this forum with profound knowledge regarding this topic. We would be grateful if you share with us your experience, tips, advice and most importantly, secured ways and means we can manage our private keys.

Thank You!

I try to help as much and in accordance with the experience that I do, private key save on email that is connected with no mobile phone and every time I open and close the email I change the password, it's one way that I usually do on private storage may be useful and successful for all of us
member
Activity: 166
Merit: 10
 I store all of my passwords and piles in my special place which is secured and located on another personal computer without having an internet access after all. I think this is more secure because none of remote control can be applied.
hero member
Activity: 2352
Merit: 594
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others. From my little research and experience, I personally think to keep these sensitive data isn't the best due to its nature of proneness to unauthorized accesses.

I'm positive there are individuals in this forum with profound knowledge regarding this topic. We would be grateful if you share with us your experience, tips, advice and most importantly, secured ways and means we can manage our private keys.

Thank You!


I agree that we can't get rid of scammers and hackers around us but we can't do something no to be one of their victims. Securing our private keys is actually a helpful tool for us to stay away from these kind of people and to stay safe during unnecessary situations.
full member
Activity: 798
Merit: 109
https://bmy.guide
I have read different ideas on how to store your private key and your bitcoin as well, they right, I much prefer if we used cold storage than an online wallet or they called cloud wallet which no totally safe. Although cold storage is not free you need to purchase on this in a trusted store which is available. It's your responsibility to keep safe your private key and you know that is safe.

One thing I have heard in keeping private key by using a microchip implant and place into the part on your buddy and the best part to place is in your underarm. Do you think it is the best option in keeping the private key? No side effect?

newbie
Activity: 266
Merit: 0
Personal key security is not completely 100% secure. it all depends on how you manage it. Storing software is easily affected by viruses or corrupted. so I wrote it down on a piece of paper and in laminating.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
the best way of storing your bitcoins is always going to be cold storage on a paper, metal,... something physical. i don't even like hardware wallets because it is not 100% cold.

when it comes to storing it in the "cloud" then there are ways of reducing the risks of losing your funds. it still is not the best method but it is used. the obvious thing is to encrypt it with a strong encryption method and a strong password. for example a 20 character long password with AES-256 encryption. additionally you can always split it into multiple pieces and encrypt each piece separately and store them on different cloud services.
sr. member
Activity: 924
Merit: 265
if you are doing some bounty and visiting some sites for airdrops refrain from doing that if you have wallets on your computer just do that in a different pc and avoid downloading some suspicious files because some malware might infect your computer that might lead to lost of important data like private keys and other information related to you.

meaning airdrops sometimes is a treat for some point like directing some link that can be a malicious file that can acquire some details on your personal computer. it is better to keep it on your USB rather than keeping it on your PC.
full member
Activity: 322
Merit: 103
if you are doing some bounty and visiting some sites for airdrops refrain from doing that if you have wallets on your computer just do that in a different pc and avoid downloading some suspicious files because some malware might infect your computer that might lead to lost of important data like private keys and other information related to you.
sr. member
Activity: 1078
Merit: 262
It is better to keep your private key on the hard wallet because it is much secure, also you can put your private keys on flashdrives that is also effective thing to store your private keys also you should avoid going to unknown sites it might risk your pc.
newbie
Activity: 70
Merit: 0
I am strongly against ever keeping private keys on any online platform let alone on cloud storage that can easily be hacked into or assessed. As for me, I suggest you keep your private keys or keystore json file on an external  flash drive drive and only connect it to your system when you want to log in.
legendary
Activity: 3234
Merit: 5637
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Today we have hardware wallets, they have so far proven to be a safe way for keeping coins for long term or for daily usage. In this way your private keys are always secure in device, but we need to secure our seed in proper way. I think that there are countless ways to do that, only human imagination is the limit. When you think best way to secure private keys/seed then try to imagine from whom or what you want to protect them.

Fire, water, earthquake, dirt, thieves - your cat or dog maybe, all need to be considered.
full member
Activity: 504
Merit: 102
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others. From my little research and experience, I personally think to keep these sensitive data isn't the best due to its nature of proneness to unauthorized accesses.

I'm positive there are individuals in this forum with profound knowledge regarding this topic. We would be grateful if you share with us your experience, tips, advice and most importantly, secured ways and means we can manage our private keys.

Thank You!

For me, you just have to secure your computer if you really put all of your KEYS or anything important to any of those software. But I really like keeping those in a piece of paper.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Not a single issue on any of the wallets that I've created since 2014, and I kept them on 3 devices: my personal computer, a regular USB stick lying around and my old smartphone that I no longer use. The last 2 devices are never connected again to the internet once they received the files while the PC I use regularly with the internet. I don't do stupid things such as watching NSFW videos, (you know, those things) clicking on suspicious links, downloading illegal software which has more backdoors than any government-created apps and regularly cleaning my PCs OS by reformatting once every 2 months. Idk if reformatting would help that much knowing that you still keep the same files and malware can disguise as a normal file but again, same wallet files, nothing ever lost or stolen so I think I've done better than some people.
jr. member
Activity: 68
Merit: 1
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others. From my little research and experience, I personally think to keep these sensitive data isn't the best due to its nature of proneness to unauthorized accesses.

I'm positive there are individuals in this forum with profound knowledge regarding this topic. We would be grateful if you share with us your experience, tips, advice and most importantly, secured ways and means we can manage our private keys.

Thank You!

And then we have not to forget that to keep your private keys on google drive and other platforms it means you are trusting GOOGLE. What if one fine day Google should decide to steal your funds? Never say never.
legendary
Activity: 1526
Merit: 1179
I kinda regret having done so with my 2013 backups. It was some sort of a trophy for me knowing that these coins haven't been moving for more than 4 years.
I hope for you that you sold them in a way you haven't lost much privacy.

The problem with these forks is that they incentivize people to redeem their coins and to have the free fork coins be sold on whatever exchange, but people don't realize that it severely affects their privacy.

It's not smart to move old coins with how regulations are being implemented today. Coins that haven't experienced any activity allow you to claim that you miraculously gained back access to your private keys.

Currently that's not possible because you already transferred the coins. If you report your coins right now and your tax department demands more information, you'll find yourself in an uncomfortable situation.
hero member
Activity: 980
Merit: 507
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others. From my little research and experience, I personally think to keep these sensitive data isn't the best due to its nature of proneness to unauthorized accesses.

I'm positive there are individuals in this forum with profound knowledge regarding this topic. We would be grateful if you share with us your experience, tips, advice and most importantly, secured ways and means we can manage our private keys.

Thank You!
Why the fuck would anyone have their private keys in a cloud storage? Might as well deposit a million dollars in an exchange and get your account blocked or even invest in a scam.

Store your private keys and other important stuff in an offline data storage, like a USB drive. That's the easiest way. Have your working antivirus installed in your pc all the time and be careful on which websites you visit and just don't get phished.
legendary
Activity: 1268
Merit: 1009
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others.

That's a big no no. The sole purpose of a wallet being called a "cold storage" is to save it in a place where no one but the owner can reach out to, when needed.
Storing private keys on cloud storage revokes that sole purpose.

Nowadays there are so many ways to save your private keys as a cold storage. One such example is having Cryptosteel.
member
Activity: 340
Merit: 10
Cloud storage platforms is also quite secure.  But I do not think I should save your private key on it.  my way is.  In addition to using a hardware wallet I store my private key in a usb. And that usb is only used to store the private key.
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