Post
Topic
Board Economics
Re: Security issues relating to Private Keys storage
by
adzino
on 05/07/2018, 23:29:43 UTC
To my hypothesis, there are a lot of crypto enthusiasts who are fond of keeping their private keys, Keystore / JSON File, seed words, mnemonic phrases etc to their wallet on cloud storage platforms like google drive and the several others. From my little research and experience, I personally think to keep these sensitive data isn't the best due to its nature of proneness to unauthorized accesses.

I'm positive there are individuals in this forum with profound knowledge regarding this topic. We would be grateful if you share with us your experience, tips, advice and most importantly, secured ways and means we can manage our private keys.

Thank You!
It would actually be really stupid to store your sensitive private information about your wallet on an online cloud storage. The chance of your account getting hacked is extremely high, so it is quite unsafe. The best way to write down all the information by yourself and make multiple copy of it. Store it somewhere safe which will not be possible by other people to reach. Even storing on any kind of hardware is also risky since the electronics tend to wear out as time goes by.