Re:Ask HN: Crypto wallets are the weakest link. Alternatives...
by arthurcolle on Friday January 01, 2021 @07:05PM
(#25608726)
Is the problem solvable? Of course it is... Just use the provided wallet software, use a password to encrypt your wallet, and back up the seed phrase, or backup the actual wallet file.
It is literally already solved.
EDIT:
Proposal:
buy 6 different 8gb flash drives for $40 or less, backup the encrypted wallet on each of them, with a printed piece of paper with the wallet. Buy a $50 fireproof lockbox and keep the key with your regular car/apt keys. Boom, redundancy. All for less than a hundred bucks.
It is literally already solved.
EDIT:
Proposal:
buy 6 different 8gb flash drives for $40 or less, backup the encrypted wallet on each of them, with a printed piece of paper with the wallet. Buy a $50 fireproof lockbox and keep the key with your regular car/apt keys. Boom, redundancy. All for less than a hundred bucks.