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27141194 No.27141194 [Reply] [Original]

Hod do you keep your seed phrase safe?

>> No.27141236

>>27141194
You memorize it. Daily.

>> No.27141237

by giving it to trusted friends. send it to me and ill look after it for you

>> No.27141383

>>27141194
I use a Trezor wallet and my memory. It's easier to remember 12 words than 24. I still keep an emergency copy of the seed on a piece of paper taped to the underside of a secret location in my parents' house.

>> No.27141452

>>27141236
people sometimes forget something as simple as their pin.
I wouldn't feel good having to accurately remember that long of a phrase forever.

>> No.27141491

>>27141237
That is actually the idea behind Guardians and social recovery wallets. You give several people, say 5, a guardian token, and you would need 3 guardian tokens to restore your wallet. That's the gist of it; read Vitalik's blogpost for more info https://vitalik.ca/general/2021/01/11/recovery.html

>> No.27141596

>>27141452
It's trivial to remember a seed phase; they're designed to be memorizable unlike a private key. You probably remember hundreds of names of people and their faces.

>> No.27141723

>>27141194
write it down on a piece of paper, laminate it, and stick it in a safe

>> No.27142241

>>27141194
I took a picture of my mnemonic phrase written on a paper, encrypted the image with a password only I know and backed it up safely, then cut the paper in two, gave one half to my parents and hid my half somewhere only me and my parents know the location of.

With this, I'm safe against house fires and shit like that, and my not-very-technological parents can get it back if I die by getting the pieces of paper together and asking one of my cousins, which we'd trust with this, to learn how it works and get the money back. The one scenario that would've been bad was my dying in a house fire along with my half, so I moved it off-site. I think I should be pretty safe against most things now.

>> No.27142352

read it every day for a week and you will already remember it