Author

Topic: Split wallet seed key for security? (Read 268 times)

hero member
Activity: 3010
Merit: 794
July 10, 2017, 08:31:53 AM
#3
Even when I use something like Veracrypt to encrypt my seed keys, I'm still worried about the security.

If the whole seed key is stored in its original format, all it potentially would take would be someone or malware to take a screenshot or keylog my computer, and they'd get access when I decrypt my Veracrypt drive.

I know hardware wallets are more secure, but when you're trading altcoins etc most of these can't be held on hardware wallets

I've been thinking of possibly saving half my seed key in one location, and half somewhere else.

However this causes the additional problems of more backups and more passwords to remember.

What are other peoples thoughts?

I just don't like having my whole seed stored in one location
If you are holding huge amounts on altcoin then it would really somehow give us chills on securing our keys because we are afraid on getting hacked and lose all those coins but its not really a big problem after all. If you do actively use those coins then hardware wallet would not be a best choice and you idea regarding on splitting them would do but you should really keep it on mind on where you do store it because once you lose the other half then say goodbye to your coins too.
full member
Activity: 122
Merit: 100
July 10, 2017, 08:22:16 AM
#2
This not an issue for anyone else?
full member
Activity: 122
Merit: 100
July 05, 2017, 09:26:48 AM
#1
Even when I use something like Veracrypt to encrypt my seed keys, I'm still worried about the security.

If the whole seed key is stored in its original format, all it potentially would take would be someone or malware to take a screenshot or keylog my computer, and they'd get access when I decrypt my Veracrypt drive.

I know hardware wallets are more secure, but when you're trading altcoins etc most of these can't be held on hardware wallets

I've been thinking of possibly saving half my seed key in one location, and half somewhere else.

However this causes the additional problems of more backups and more passwords to remember.

What are other peoples thoughts?

I just don't like having my whole seed stored in one location
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