Post
Topic
Board Development & Technical Discussion
Merits 4 from 1 user
Re: Encryption algorithm for wallet seed using customized words
by
bitmover
on 13/04/2023, 03:06:57 UTC
⭐ Merited by o_e_l_e_o (4)
Hi, different people have different opinions on it.
Actually, in my opinion, "write it down on paper" is idealism. I think it is not the best way. To be honest, for now, fewer and fewer people use paper. I think we need to find a new solution to help people store their seed.

There are not different opinions on this subject.

The biggests specialists on the area ALL recommend to note the seed down in a piece of paper.

We are talking about security best practices and procedures, not opinions.


https://trezor.io/learn/a/recovery-seed-card
Quote
Important security notes:
- Never make a digital copy of your recovery seed
- Keep your recovery seed card safe from fire, water damage, and risk of theft

https://electrum.readthedocs.io/en/latest/faq.html
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I have forgotten my password. What can I do?

It is not possible to recover your password. However, you can restore your wallet from its seed phrase and choose a new password. If you lose both your password and your seed, there is no way to recover your money. This is why we ask you to save your seed phrase on paper.