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Topic
Board Bitcoin Discussion
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How not to lose your Bitcoin ? New encrypted secured KYC Lock Wallet by SN
by
LeezHamilton
on 15/03/2024, 21:55:44 UTC
I am reviewing Bitcoin security standard.  There are many reports out they that their Bitcoin Wallet has been hacked by hackers.  Well, nothing is impossible but I think all the hack went on when you put your Bitcoin in an exchange's custody. It could be the exchange employees has stolen the btc and blame to an external hackers.

For as far as I am concerned about the matter, I have discovered three different way you can protect your Bitcoin.

Make sure your Bitcoin is in your own custody.

Make sure you do not forget your private key.

Make sure you do not delete your Bitcoin  Wallet from your computer hard drive.

My advise is make multiple copies of hour Wallet and keep it safe.

Now - how not to lose your Bitcoin ?

We need is an encrypted secure Wallet which is compatible with KYC.  When you buy Bitcoin, you need this Wallet. This new Wallet I have designed is completely secure and weather proof.  Weather proof mean absolutely secure and no hacker can ever hack into your wallet.

I have tested over the last 6 years. Yes, if my Bitcoin in my new Wallet no body can hack it. If I forget the private key, I always can regenerate the same private key. If a thief steal your computer they see the btc but cannot move it to another Wallet.  If lost the Bitcoin Wallet because your computer has crashed, no problem, you click KYC in a particular place and you can get your Wallet back.  If a group of robbers like Dread Porate Robert, hijack your Bitcoin Wallet and your computer and force you to reveal the private key and they manage to transfer the coin, then still you can get it back but you need to file a criminal case to the police. The Bitcoin Police will provide you the KYC code for your Stollen BTC then the police in your country can find out the stollen btc for you and return to you.

All this is in my new KYC Lock Wallet.  To protect your Bitcoin get lost you need this KYC encrypted Lock Wallet.