Are safe deposit boxes much more safer than at home? Because i heard cases of these deposit boxes getting drilled in banks. But here is the thing though. If you have cash there, well thieves could take it. But say you put half your seed there, well that person doesn't even need to take your piece of paper. They could just take a picture or write it down etc. But of course the issue is they would need the other seed in a completely different bank. And let say you check the deposit box once in a while, you would never know if it was compromised right? However if you leave it in 2 or 3 banks, that surely would be very hard or close to impossible?
So based on that if you leave it in your house or apartment but just put it in strange places, is that better or worst than 2 safe deposit boxes?
Topic: Where do you store your 24 word phrase? - page 7. (Read 1548 times)
I will give you some different idea to store your 24 words seeds step by step. 
1. Take any English dictionary, for example, online Oxford Dictionary, note down its (Author name, Date of publication) I'll tell you why at the end.
2. Now you have your 24 words seeds phrase for your nano ledger, for example, it can be like below
(1st.cat, 2nd.light, 3rd.bag, 4th.candle 5th...........................................24th. orange)
3. Since all seeds phrase of your Nano S will exist in the Dictionary so what you have to do now is find on which page no. of online dictionary the words are listed for example the 1st-word cat is listed on page no. 7, the 2nd-word light is on page no. 9, the 3rd-word bag is listed on page 12, the 4th-word candle is listed on page 17, & so on for all words, till 24th-word orange is listed on page 34, note down all the page no. & highlight the words till 24th word in a dictionary & save it.
4. For example, your result will be like (7,9,12,17,...............34)
5. Now the numbers & dictionary will act as a private key if you want you may throw away your card on which 24 words you have noted down.
Now no one knows what is your strategy for keeping safe your Nano S keywords, so you can just store above nos on your computer, on mobile or anywhere if some steal it they can't understand what is the meaning of these nos. Only you and only you know what is the meaning & which Dictionary you have used to encrypt it in this case i.e Oxford Dictionary. If you accidentally delete that online Dictionary, no worries you can also find it online, I told you above to note the Author name & date of publication so it will be easy for you which version of Dictionary you have used to encrypt your seeds.
Okay, one more thing if you accidentally deleted the dictionary with highlighted keywords from your PC or your window fails, & you have the numbers but now how will you know what was the word you marked even if you know the page no. of the word. In this case when you are noting down the page no. also note down the line no. & place no. of that word against each page no.
Ultimately your result will be like below.
Page no. Line no. Word Place no.
7 eg. 5 eg. 2
9 eg. 14 eg. 6
12 eg. 2 eg. 4
17 eg. 16 eg. 1
. . .
. . .
. . .
. . .
34 eg. 1 eg. 7
Interesting! Thanks for the idea for storing our backup phrases seed. 1. Take any English dictionary, for example, online Oxford Dictionary, note down its (Author name, Date of publication) I'll tell you why at the end.
2. Now you have your 24 words seeds phrase for your nano ledger, for example, it can be like below
(1st.cat, 2nd.light, 3rd.bag, 4th.candle 5th...........................................24th. orange)
3. Since all seeds phrase of your Nano S will exist in the Dictionary so what you have to do now is find on which page no. of online dictionary the words are listed for example the 1st-word cat is listed on page no. 7, the 2nd-word light is on page no. 9, the 3rd-word bag is listed on page 12, the 4th-word candle is listed on page 17, & so on for all words, till 24th-word orange is listed on page 34, note down all the page no. & highlight the words till 24th word in a dictionary & save it.
4. For example, your result will be like (7,9,12,17,...............34)
5. Now the numbers & dictionary will act as a private key if you want you may throw away your card on which 24 words you have noted down.
Now no one knows what is your strategy for keeping safe your Nano S keywords, so you can just store above nos on your computer, on mobile or anywhere if some steal it they can't understand what is the meaning of these nos. Only you and only you know what is the meaning & which Dictionary you have used to encrypt it in this case i.e Oxford Dictionary. If you accidentally delete that online Dictionary, no worries you can also find it online, I told you above to note the Author name & date of publication so it will be easy for you which version of Dictionary you have used to encrypt your seeds.
Okay, one more thing if you accidentally deleted the dictionary with highlighted keywords from your PC or your window fails, & you have the numbers but now how will you know what was the word you marked even if you know the page no. of the word. In this case when you are noting down the page no. also note down the line no. & place no. of that word against each page no.
Ultimately your result will be like below.Page no. Line no. Word Place no.
7 eg. 5 eg. 2
9 eg. 14 eg. 6
12 eg. 2 eg. 4
17 eg. 16 eg. 1
. . .
. . .
. . .
. . .
34 eg. 1 eg. 7
Usually I will note it down in a wallet size writing notebook and place it in my wallet. I'm gonna switch to your idea now.
I save in the box with my nano wallet and partly I give the person I trust to the code. no one will know how long we will live better I also prepare everything
I'll save my private key (passphrase) to offline usb flashdisk, and print a paper wallet information.
For some reason, i'll put my private key at cloud storage ( google storage )
For some reason, i'll put my private key at cloud storage ( google storage )
First off, how can anyone remember their 24 word phrase? That is just ridiculous.
Okay so if someone has access to a safety deposit box at a bank or say 2 or 3 banks, then would that be the ideal situation? Thus put half the seed in one deposit box and the other half seed in the other half?
One issue would be if a thief drills and get access to safety deposit boxes right? But even if somehow do this, they still need the other 12 words. So i mean unless both your safety deposit boxes gets accessed, then you are pretty safe right?
Okay so if someone has access to a safety deposit box at a bank or say 2 or 3 banks, then would that be the ideal situation? Thus put half the seed in one deposit box and the other half seed in the other half?
One issue would be if a thief drills and get access to safety deposit boxes right? But even if somehow do this, they still need the other 12 words. So i mean unless both your safety deposit boxes gets accessed, then you are pretty safe right?
I would basically store in my vault or in my mail as well secured with many authentications. Next i also keep the same with my parents as well as they store it more safely than me lol. Still i would advise everybody to keep the seed with whomever u will feel safe or store and do not let anybody know if u feel reserved.I also try to keep screenshots in my wallet for any emergency or something.
The best way it is keeping your 24-word phrase in your mind. I understand, it's hard, but real. Try it. The most secure way
OP do you really have to be afraid so much? Ok, it's your decision (still can't understand why do you want so much security).
You have written so much reasons, the only way I can think about is to include that very small piece of paper where would be seed under the skin by some surgery, there is no other so safe way. Or just remember it and then burn but I bet you are afraid you'll forget it.
Another way is also just write some part in some areas, I think no one will understand.
You have written so much reasons, the only way I can think about is to include that very small piece of paper where would be seed under the skin by some surgery, there is no other so safe way. Or just remember it and then burn but I bet you are afraid you'll forget it.
Another way is also just write some part in some areas, I think no one will understand.
Simple, I keep on my Gmail, but I'm not downloading it to keep it safe. Only have a look into it if you need. Keeping it also in Gmail means you can access it to have a look on your combo words anywhere even if you forgat your phone somewhere.
Human memory is simply hopeless. Unless you're superhuman you'll forget within days. I have tons of encrypted files that I can't get into any more and I forgot the passwords within a few weeks or months, and they would've been variations on my usual ones.
Unless you spend a few minutes every day practicing and double checking, your seed will be toast in no time. And to be able to check and remind it'll need to be written down anyway.
Unless you spend a few minutes every day practicing and double checking, your seed will be toast in no time. And to be able to check and remind it'll need to be written down anyway.
Not to mention that even if you rehearse it every day, a completely unpredictable illness, infection, bang to the head, etc. and you could forget it immediately.
In my own to keep the 24-word seed phrase safety, I just paste it into a notepad then archive it as rar file with the password and then I archive it again with another different password. The password that I use is the password that I never forget for a long time.
Then I uploaded it into google cloud drive from Google, which is free and safe so that if my laptop is broken or damaged I still had the seed phrase or private keys and anytime soon I can download my seed phrase and extract it whenever I need it.
Then I uploaded it into google cloud drive from Google, which is free and safe so that if my laptop is broken or damaged I still had the seed phrase or private keys and anytime soon I can download my seed phrase and extract it whenever I need it.
What is the point of having a 24-word seed phrase with such a high level of entropy, if you then reduce that to a simple password and store it on the cloud where it can be easily hacked, downloaded and brute-forced?
I recommend having few usb sticks with encryptstick software.
1. Copy/paste private keys in txt file and copy them on those USB sticks.
---
I never had any problems with my USB sticks.
And if something happens and it becomes corrupted thats why it is good idea to have three USB sticks. If something happens to one of them you have two other.
I recommend having few usb sticks with encryptstick software.
1. Copy/paste private keys in txt file and copy them on those USB sticks.
2. Encrypt usb sticks using encryptstick or similar software. It look like file explorer but encrypts everything that you put in main folder.
Is there any particular difference between Encrypstick software and encrypting Apple's Disk Utility choosing the format Mac OS Extended (Journaled, Encrypted)?1. Copy/paste private keys in txt file and copy them on those USB sticks.
2. Encrypt usb sticks using encryptstick or similar software. It look like file explorer but encrypts everything that you put in main folder.
I mentioned Encryptistick just because I use it. There is probably better software for encryption.
If you know some other software you are welcome to share it with us.
I recommend having few usb sticks with encryptstick software.
1. Copy/paste private keys in txt file and copy them on those USB sticks.
2. Encrypt usb sticks using encryptstick or similar software. It look like file explorer but encrypts everything that you put in main folder.
Is there any particular difference between Encrypstick software and encrypting Apple's Disk Utility choosing the format Mac OS Extended (Journaled, Encrypted)? 1. Copy/paste private keys in txt file and copy them on those USB sticks.
2. Encrypt usb sticks using encryptstick or similar software. It look like file explorer but encrypts everything that you put in main folder.
In my own to keep the 24-word seed phrase safety, I just paste it into a notepad then archive it as rar file with the password and then I archive it again with another different password. The password that I use is the password that I never forget for a long time.
Then I uploaded it into google cloud drive from Google, which is free and safe so that if my laptop is broken or damaged I still had the seed phrase or private keys and anytime soon I can download my seed phrase and extract it whenever I need it.
The good thing here, you can save your rar file that includes the password in your Google cloud drive on Gmail and anytime if ever your laptop or any devices broken or stole you can buy a new device and just download your seed phrase and extract then you can restore your wallet without worrying about your bitcoin.
I recommend having few usb sticks with encryptstick software.
1. Copy/paste private keys in txt file and copy them on those USB sticks.
2. Encrypt usb sticks using encryptstick or similar software. It look like file explorer but encrypts everything that you put in main folder.
3. Store one at home, one on some other safe place and third always carry with you.
If something happens at your home you still have two copies left. If you lose one that you carry with you you still have two left.
4.Password used to decrypt those files shouldn't be dictionary word. I recommend using two sentence that have meaning to you.
Remember first letter of every word in the sentance and that should be you password. Throw in one number in the password and you have pretty strong password.
Write that two sentances on paper, put that paper in waterproof container and store it somewhere.
Password should be easy to remember for you. And if you forget it somehow, you can always look at the paper in container.
No saving any files in USB stick is not safe for me as a technician if you are not using the USB stick for a long time it may cause of corrupted files and USB could be broken. Not a good idea if you wanted to save your wallet seed phrase for how many years.
Then I uploaded it into google cloud drive from Google, which is free and safe so that if my laptop is broken or damaged I still had the seed phrase or private keys and anytime soon I can download my seed phrase and extract it whenever I need it.
The good thing here, you can save your rar file that includes the password in your Google cloud drive on Gmail and anytime if ever your laptop or any devices broken or stole you can buy a new device and just download your seed phrase and extract then you can restore your wallet without worrying about your bitcoin.
I recommend having few usb sticks with encryptstick software.
1. Copy/paste private keys in txt file and copy them on those USB sticks.
2. Encrypt usb sticks using encryptstick or similar software. It look like file explorer but encrypts everything that you put in main folder.
3. Store one at home, one on some other safe place and third always carry with you.
If something happens at your home you still have two copies left. If you lose one that you carry with you you still have two left.
4.Password used to decrypt those files shouldn't be dictionary word. I recommend using two sentence that have meaning to you.
Remember first letter of every word in the sentance and that should be you password. Throw in one number in the password and you have pretty strong password.
Write that two sentances on paper, put that paper in waterproof container and store it somewhere.
Password should be easy to remember for you. And if you forget it somehow, you can always look at the paper in container.
My friend gave me a good idea, even if they torture me I can not give out all the information, these words are divided into 3 parts and divided between friends who live in different cities and do not know each other, everyone is instructed on all the cases that can happen to me and who needs to give these keys
Okay some of the options here are really useful, but I think all this makes sense when you have enough amount in the wallet.
There are many options one can take like some posted above,
splitting up the words on 2-3 different places can be a good option as well, but what if you need them and then you don't have them nearby.
I think if its a 12 word, it is possible to memorize it easily.
And even for a 24 word phrase, its possible to memorize it, or maybe you can encrypt it into something easy to remember, but then you'll have to remember the decrypting process as well.
There are many options one can take like some posted above,
splitting up the words on 2-3 different places can be a good option as well, but what if you need them and then you don't have them nearby.
I think if its a 12 word, it is possible to memorize it easily.
And even for a 24 word phrase, its possible to memorize it, or maybe you can encrypt it into something easy to remember, but then you'll have to remember the decrypting process as well.
Human memory is simply hopeless. Unless you're superhuman you'll forget within days. I have tons of encrypted files that I can't get into any more and I forgot the passwords within a few weeks or months, and they would've been variations on my usual ones.
Unless you spend a few minutes every day practicing and double checking, your seed will be toast in no time. And to be able to check and remind it'll need to be written down anyway.
Spend $50 on sd cards and a knackered laptop and you should be secure as can be for life.
You are completely right. There is far greater risk in forgetting password then being hacked if you ask me.
It probably save if you change the picture format to another format. Lets say *jpg to random format like *awqe atleast it will safe for people who dont know how to check the real file format. But if someone open it with notepad and check the code, probably they know what format it is and the thief can change the format back to *jpg again. So, we need to change some code a little bit and this is what i do until now and save it on my phone.
He's completely right. You need your botty smacked. Everything you're doing is needlessly risky.
Multiple micro sd cards with the seed in txt files in properly encrypted folders created on a computer that'll never see the internet again will do the job. Deposit them in various places and you should be fine.
I recommend having few usb sticks with encryptstick software.
1. Copy/paste private keys in txt file and copy them on those USB sticks.
2. Encrypt usb sticks using encryptstick or similar software. It look like file explorer but encrypts everything that you put in main folder.
3. Store one at home, one on some other safe place and third always carry with you.
If something happens at your home you still have two copies left. If you lose one that you carry with you you still have two left.
4. Password used to decrypt those files shouldn't be dictionary word. I recommend using two sentence that have meaning to you.
Remember first letter of every word in the sentance and that should be you password. Throw in one number in the password and you have pretty strong password.
Write that two sentances on paper, put that paper in waterproof container and store it somewhere.
Password should be easy to remember for you. And if you forget it somehow, you can always look at the paper in container.
It is very unsafe to store your seed phrase on a computer. It is exponentially bad to keep it on someone else's cloud service.
Writing down your seed (using a pen) on a piece of paper and then storing it in your safety deposit box at the bank is a pretty good solution if you do not have a whole lot of bitcoin. One even better solution would be to buy small engraving tool (I have seem them for less than $10) and engrave your seed phrase on a piece of stainless steel. That way it won't get burnt up in a fire or get wet if there is a flood.
However, keep in mind that the bank does not ensure safety deposit boxes (in the US at least). So make sure you have separate insurance if you have a whole lot of bitcoin stored there.
Writing down your seed (using a pen) on a piece of paper and then storing it in your safety deposit box at the bank is a pretty good solution if you do not have a whole lot of bitcoin. One even better solution would be to buy small engraving tool (I have seem them for less than $10) and engrave your seed phrase on a piece of stainless steel. That way it won't get burnt up in a fire or get wet if there is a flood.
However, keep in mind that the bank does not ensure safety deposit boxes (in the US at least). So make sure you have separate insurance if you have a whole lot of bitcoin stored there.
Okay some of the options here are really useful, but I think all this makes sense when you have enough amount in the wallet.
There are many options one can take like some posted above,
splitting up the words on 2-3 different places can be a good option as well, but what if you need them and then you don't have them nearby.
I think if its a 12 word, it is possible to memorize it easily.
And even for a 24 word phrase, its possible to memorize it, or maybe you can encrypt it into something easy to remember, but then you'll have to remember the decrypting process as well.
There are many options one can take like some posted above,
splitting up the words on 2-3 different places can be a good option as well, but what if you need them and then you don't have them nearby.
I think if its a 12 word, it is possible to memorize it easily.
And even for a 24 word phrase, its possible to memorize it, or maybe you can encrypt it into something easy to remember, but then you'll have to remember the decrypting process as well.
Human memory is simply hopeless. Unless you're superhuman you'll forget within days. I have tons of encrypted files that I can't get into any more and I forgot the passwords within a few weeks or months, and they would've been variations on my usual ones.
Unless you spend a few minutes every day practicing and double checking, your seed will be toast in no time. And to be able to check and remind it'll need to be written down anyway.
Spend $50 on sd cards and a knackered laptop and you should be secure as can be for life.
Okay some of the options here are really useful, but I think all this makes sense when you have enough amount in the wallet.
There are many options one can take like some posted above,
splitting up the words on 2-3 different places can be a good option as well, but what if you need them and then you don't have them nearby.
I think if its a 12 word, it is possible to memorize it easily.
And even for a 24 word phrase, its possible to memorize it, or maybe you can encrypt it into something easy to remember, but then you'll have to remember the decrypting process as well.
There are many options one can take like some posted above,
splitting up the words on 2-3 different places can be a good option as well, but what if you need them and then you don't have them nearby.
I think if its a 12 word, it is possible to memorize it easily.
And even for a 24 word phrase, its possible to memorize it, or maybe you can encrypt it into something easy to remember, but then you'll have to remember the decrypting process as well.
It probably save if you change the picture format to another format. Lets say *jpg to random format like *awqe atleast it will safe for people who dont know how to check the real file format. But if someone open it with notepad and check the code, probably they know what format it is and the thief can change the format back to *jpg again. So, we need to change some code a little bit and this is what i do until now and save it on my phone.
He's completely right. You need your botty smacked. Everything you're doing is needlessly risky.
Multiple micro sd cards with the seed in txt files in properly encrypted folders created on a computer that'll never see the internet again will do the job. Deposit them in various places and you should be fine.
Being so much paranoid can kill you. Just write it down and keep it on a zip-lock and put it somewhere safe. And thats it, just like that. You're thinking too much. Also spread your bitcoins don't just keep it in one place, there are so many ways to keep your bitcoins, try all of them. I write my word phrase on an old notebook and keep it somewhere not safe, since no one know i got bitcoins.
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