Store your seed phrase offline - page 4.

NeuroticFish

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Quote from: ajiz138 on January 05, 2023, 04:14:40 AM

the safest and most comfortable way to store seed phrases is offline with writing paper that is kept at home, I even wrote several papers

Especially if you are active in Bitcoin circles, especially if you also tell how much bitcoins you have, ... keeping the backup seed at home is not great, since it's the first place a burglar would search for it.
So if you keep it at home, find a way to make it not-really-obvious.
Keeping multiple copies in multiple geographically separated locations becomes a must, especially if you get to amounts that really matter.

ajiz138

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Previously, I had stored all data online, such as Google Drive, iCloud, Dropbox, but I no longer stored it there, the past has become a lesson where I cannot access it anymore and the safest and most comfortable way to store seed phrases is offline with writing paper that is kept at home, I even wrote several papers so that one could be lost there could be a backup for the other I did that when some important data had to be kept safe offline.

As many have suggested storing offline is a good way to protect data from being hacked, you can also have a physical safe and I store there, because there is much more that we have to protect our assets than especially this seed phrase is very important.

My friend is now frustrated because he saves all the data on his cellular when the cellphone falls and is damaged the data can't be backed up anymore, he has lost what assets he has, a sad story.

NeuroticFish

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Quote from: LoyceV on January 05, 2023, 03:35:51 AM

Quote from: _act_ on January 05, 2023, 02:39:34 AM

In August 2022, hacker breached data of LastPass users, but can only be accessed using the password the users used to encrypt the data, said LastPass.

I've always thought storing your data online is a terrible feature for a password manager! Obviously the hacker still needs the user passwords, but now he got all encrypted files at once. By only storing your passwords locally, the hacker would have to hack millions of computers to get the same data.

People will always go for convenience. And you cannot deny the fact that accessing that online stored passwords across all your devices is a nice feature. It's still better than having the same (weak) password everywhere, you know...
Of course, everything that's stored online is at a certain level of risk. That's why the things (websites, apps) that hold money need at least 2FA too. And the online things should not hold meaningful amount of money.
And, bottom line, clearly, keeping wallet seed anywhere online is an awful idea, the worse possible one.

yhiaali3

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Anything that is stored on the Internet is not safe, very powerful websites have been hacked and their data stolen so I do not trust any online storage service.

Of course, storing seeds on paper and storing paper in a safe place is much better, but you must also be careful because paper is vulnerable to loss, damage or theft, so you must choose the place to store paper with great care.

it is preferable to divide the seeds into several sections and put them in different places so that even if Part of the seed was stolen, not enough to steal the wallet.

lovesmayfamilis

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LastPass has a terrible reputation. The last story is still not fully understood. On December 22, the team admitted that the leak was more serious than they expected. And yes, we also remember that the team did not immediately react to warn users. There is an explanation of what happened; you can follow the link.
https://blog.lastpass.com/2022/12/notice-of-recent-security-incident/

But by trusting third parties with our seed phrases or passwords, we are tacitly signing a disclaimer. Therefore, in order not to blame ourselves for any incidents, such as theft or leakage, we must rely only on ourselves. In addition, we all exaggerate the complexity of storing important data. There is always a place in your personal space where you can store things away from prying eyes, be it paper with a seed phrase, a flash drive, or something else. And it is better that there are several archives, but in reasonable quantities.

LoyceV

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Quote from: _act_ on January 05, 2023, 02:39:34 AM

In August 2022, hacker breached data of LastPass users, but can only be accessed using the password the users used to encrypt the data, said LastPass.

I've always thought storing your data online is a terrible feature for a password manager! Obviously the hacker still needs the user passwords, but now he got all encrypted files at once. By only storing your passwords locally, the hacker would have to hack millions of computers to get the same data.

Outhue

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No online password security will be as strong as storing offline, either it's 2FA or 3FA Authentication do not use them to store your wallet's private seed.

There is no malware, spyware or hackers without online/ internet access, think about it, the only way to stay safe is offline 100%.

Writing seeds down on a paper book or steel carving is the best practice ever.

masulum

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hmph..

I had an experience where I stored my keys in the cloud, and I lost access to the cloud. Since then I no longer store any seed and pass phrase associated with my wallet in any software or online repository. I prefer to keep my phrases in a book that I can easily keep at home. Indeed, books can be lost, but I always save with backups and this makes me feel safe.

Marvell1

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In my opinion, online storage is equally dangerous whether you store it on Gmail or iCloud... are not safe. I like to print my seed phrases on paper and use plastic to make them more durable, super convenient to store, and easy to move. I was thinking of using small steel plates to carve the phrases, but I really don't trust handing them over to the blacksmith or any stranger.

LastPass is the worst password manager app I have ever seen, it has been hacked many times before, not just once in 2022. Currently, I also use a password manager just to create strong passwords and manage regular passwords, never used to save bank accounts or important emails. Honestly, I never wholly trust online storage services, they are only for convenience, never guarantee safety.

_act_

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I have not used LastPass password manager before, some people said it is also used for 2 factor authentication, but this is about people that are convenient to store their seed phrase, private key and password using a password manager that can connect online. The password manager uses vault to store people's information which are encrypted. In August 2022, hacker breached data of LastPass users, but can only be accessed using the password the users used to encrypt the data, said LastPass.

LastPass attacker stole password vault data, showing Web2’s limitations
LastPass data breach led to $53K Huh

stolen, lawsuit alleges

What do you think about this? Before hacker can have access to something, that means the vault is online. If something is online, it can be hacked. If a password manager is not offline, do not use it. I like to put my seed phrase on a paper, if you want it safer, you can use a steel backup for it, there are steels that you can buy to backup your seed phrase and it is not a waste of money.

If you are afraid of people not to see your seed phrase and steal it, keep your seed phrase in a very safe place but use passphrase to make it safer.

Topic: Store your seed phrase offline - page 4. (Read 712 times)