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Bitcoin News & Updates / Seed Storage
« on: September 30, 2020, 12:39:57 AM »
I had an electrum seed and wrote it on piece of paper. I then decided to write it on a password program like lastpass/keepass. So in order to get into the lastpass, you need a password. And i put the lastpass in dropbox/google drive and store it there. My thought was if someone somehow hacked into my gmail/dropbox, well they still need the password to my lastpass in order to get into my electrum seed. I put the electrum seed in there as i type it out a long with my other bank account and everything whether its online site or anything.
Then i no longer used electrum. I used a nano ledger s and store coins there. But I did not type in my nano ledger seed in lastpass and thus did not store that in gmail/dropbox. But again if i did... well a hacker would need to first hack into my gmail/dropbox... then get into the lastpass or keepass etc. Wouldn't that be very hard? And imagine you encrypt lastpass as well. Wouldn't that be way too hard?
So i only have the seed written on paper and put it in the house. But of course things could happen like fire, floods etc. So what is the best way to store your seed to prevent this? I heard of cryptosteel where its fireproof and floodproof so that works? But isn't the issue if someone finds it, well its pretty easy to see oh why is there a bunch of long words and some ppl might even figure out its the seed to a wallet?
Now if you write the seed in a notebook with a ton of stuff there, well that would be hard for someone to find. Imagine like you have a notebook where you have the seed there but also in the first few pages write down like nursery school rhyme or children books and lot of stuff like that, well obviously it won't look like its important.
Also i hear ppl say break your seed into two or three parts. That makes sense but do you leave all the parts in the same house/apartment? You hear about how you give one half to someone else you trust, you keep other half. Well what if you no longer see the other person anymore or something happens, then what? Obviously you would need to immediately send your coins to a temporary wallet in the meantime.
Then i no longer used electrum. I used a nano ledger s and store coins there. But I did not type in my nano ledger seed in lastpass and thus did not store that in gmail/dropbox. But again if i did... well a hacker would need to first hack into my gmail/dropbox... then get into the lastpass or keepass etc. Wouldn't that be very hard? And imagine you encrypt lastpass as well. Wouldn't that be way too hard?
So i only have the seed written on paper and put it in the house. But of course things could happen like fire, floods etc. So what is the best way to store your seed to prevent this? I heard of cryptosteel where its fireproof and floodproof so that works? But isn't the issue if someone finds it, well its pretty easy to see oh why is there a bunch of long words and some ppl might even figure out its the seed to a wallet?
Now if you write the seed in a notebook with a ton of stuff there, well that would be hard for someone to find. Imagine like you have a notebook where you have the seed there but also in the first few pages write down like nursery school rhyme or children books and lot of stuff like that, well obviously it won't look like its important.
Also i hear ppl say break your seed into two or three parts. That makes sense but do you leave all the parts in the same house/apartment? You hear about how you give one half to someone else you trust, you keep other half. Well what if you no longer see the other person anymore or something happens, then what? Obviously you would need to immediately send your coins to a temporary wallet in the meantime.