Post
Topic
Board Wallet software
Merits 2 from 1 user
Re: Coinplate Steel Seed Phrase Saver
by
m2017
on 14/09/2022, 10:39:15 UTC
⭐ Merited by fillippone (2)
That's right. What I might recommend is to have your seed splitted in 2/3 way, which means you can read your seed while having any 2 out of 3 copies. Yet with only one of copies you cannot get the seed as it will require you to crack 8/24 of seed which still will take at best months if not few years. This requires having 3 safe locations, possibly different physical addresses. You should have them in a place where you can check each few months if it was untouched, for total peace of mind. It's easy to do, but If you need details I can give you some instructions if you PM me. I'll probably make a tutorial at our site in the future too.
Ok. You suggest splitting seed phrasee into 3 parts and storing it in 3 different places. It turns out, 8 words for each coinplate. Then it would be right to add mini-coinplate (like coinplate split - I don't need thanks for the name I came up with for your new product line Smiley) to the assortment of your store. A smaller version of coinplate with space for 8 words and offer them in packs of 3 (for 1 to 8, 9 to 16, 17 to 24 words).

I don't undertake to discuss the correctness of dividing splitting seed into 3 parts, since, for example, Pmalek believes that this is a bad idea (not only he thinks so).
~snip
Let's leave the right to choose exactly how to store their seed phrase, splited or whole for the owners of it personally.

I want to say the following. If foggoat voices this method, then it would be logical to offer his customers to purchase a product that allows you to split seed into 3 parts. Those samples that are available in the https://getcoinplate.com/ are not suitable for this (it contain space for 24 words) and buying 3 coinplates to fill only ~30% of the surface of each I consider wasteful. In total, 3 such plates will cost ~200-240 euro (Punch version or Alpha). Offer buyers 3 mini-coinplates for 8 words for the approximate price of one coinplate (~70-80 euro). Then this will be useful, otherwise it turns out that you offer this method of spliting seed into 3 parts only in order to increase your sales (selling 3 plates is better than 1, right). No offense. I expressed my subjective opinion.