Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
How do you secure your security seed? Honest question
Writing/engraving it down in multiple places of trust. No photos are allowed.
Also switching around a couple of words, would "secure" the seed in the event of an intruder finding it.
Need to remember which words of course.
Source: https://www.reddit.com/r/ledgerwallet/comments/83ecqy/how_you_can_store_your_recovery_words_very_safely/
Quote
Here are the steps required:
So what you need first is an engraving pen that can engrave steel. Those cost less than 20 dollar and can be used to engrave anything, so may come in handy later for a gift or whatever. Those can be bought cheap on amazon for example.
Next thing you need is something to engrave to. I used cheap dog tags, a pack of 25 for ~5$ from China (banggood IIRC). But you can use whatever you want, 3 simple plates of old scrap metal work too.
Then you split the metal up in 3 groups.
Last step: You engrave your recovery words on them. If you use tags, you need 8 per group, because you can engrave front and back. So the first group gets words 1+2, 4+5...; The second group gets 2+3, 5+6...; and the third group gets 1+3, 4+6...; This only takes a few minutes, maybe half an hour if you're not used to a tool like the engraving pen.
It's done. You can now deposit each group of words in 3 different locations. You need 2 groups to recover your seed, so a thief can't do anything with it, while you still can restore the phrase easily. And your seed even is immune to water damage or whatever. Hope this helps!
So what you need first is an engraving pen that can engrave steel. Those cost less than 20 dollar and can be used to engrave anything, so may come in handy later for a gift or whatever. Those can be bought cheap on amazon for example.
Next thing you need is something to engrave to. I used cheap dog tags, a pack of 25 for ~5$ from China (banggood IIRC). But you can use whatever you want, 3 simple plates of old scrap metal work too.
Then you split the metal up in 3 groups.
Last step: You engrave your recovery words on them. If you use tags, you need 8 per group, because you can engrave front and back. So the first group gets words 1+2, 4+5...; The second group gets 2+3, 5+6...; and the third group gets 1+3, 4+6...; This only takes a few minutes, maybe half an hour if you're not used to a tool like the engraving pen.
It's done. You can now deposit each group of words in 3 different locations. You need 2 groups to recover your seed, so a thief can't do anything with it, while you still can restore the phrase easily. And your seed even is immune to water damage or whatever. Hope this helps!