CryptoCurrency

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Store Seed Phrase Backup Across Physical & Digital (lemmy.world)

submitted 1 week ago by [email protected] to c/[email protected]

2 comments fedilink hide all child comments

I'm planning on getting a hardware wallet for better security, but one part of that which concerns me is backing up my seed phrase. I know I can back it up onto a dedicated metal card which is my plan, but I feel uncomfortable with the idea that my seed phrase is just sitting in my house or something out in the open.

I know it's not advisable to store your seed phrase in a password manager, but I was thinking I could split the seed phrase up and put part in my password manager and part on the physical backup? Something along those lines? I just want to make sure that there isn't a single place where someone would have to compromise, but instead they'd have to compromise both my digital and physical spaces.

Has anyone who has the same concerns come up with a good solution that works for them? Would love to hear about it.

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[–] [email protected] 2 points 1 week ago (1 children)

I have a paper copy at a safety deposit box. I also use a specific book saved as a read-only text file as a cypher, then store the seed words in a password manager by using the line and number for the word within the book.

[–] [email protected] 1 points 1 week ago* (last edited 1 week ago)

Huh, that's an interesting idea. I've heard of using the book as a cypher before but I always thought an issue was keeping track of the exact copy of the book. Using a digital copy makes a lot of sense for that, thanks!

Is the deposit box expensive? Do you find it worth it?