Comparing security of seed word storage, which of these options is better? - Cryptocurrency Reporters - A Light To Cryptocurrency World

Friday, 6 April 2018

Comparing security of seed word storage, which of these options is better?


Comparing security of seed word storage, which of these options is better?Goal: Best way to store seed words so that me, or in the case of my demise, my beneficiaries, can access my wallet seed words.My ideas:Two physical locations (i.e. separate buildings, miles apart) Last will and testament contains instructions, or points to location of instructions. In each case seed words (bip39 24 words) or other data are kept in sealed numbered tamper evident security envelopes, for periodic inspection.Option 1: Full list of seed words in randomized order in location one. Location two contains the key to put the seed words in the proper order.Option 2: First half of seed words in location one. Second half of seed words in location two.Option 3: Location one contains password to a password DB (e.g KeePass) Second location contains USB key with password DB. Seed words in DB.Thoughts?Edited: typos because fat finger on small phone. via /r/Bitcoin https://ift.tt/2EnGYMb

Goal: Best way to store seed words so that me, or in the case of my demise, my beneficiaries, can access my wallet seed words.

My ideas:

Two physical locations (i.e. separate buildings, miles apart) Last will and testament contains instructions, or points to location of instructions. In each case seed words (bip39 24 words) or other data are kept in sealed numbered tamper evident security envelopes, for periodic inspection.

Option 1: Full list of seed words in randomized order in location one. Location two contains the key to put the seed words in the proper order.

Option 2: First half of seed words in location one. Second half of seed words in location two.

Option 3: Location one contains password to a password DB (e.g KeePass) Second location contains USB key with password DB. Seed words in DB.

Thoughts?

Edited: typos because fat finger on small phone.

Goal: Best way to store seed words so that me, or in the case of my demise, my beneficiaries, can access my wallet seed words.My ideas:Two physical locations (i.e. separate buildings, miles apart) Last will and testament contains instructions, or points to location of instructions. In each case seed words (bip39 24 words) or other data are kept in sealed numbered tamper evident security envelopes, for periodic inspection.Option 1: Full list of seed words in randomized order in location one. Location two contains the key to put the seed words in the proper order.Option 2: First half of seed words in location one. Second half of seed words in location two.Option 3: Location one contains password to a password DB (e.g KeePass) Second location contains USB key with password DB. Seed words in DB.Thoughts?Edited: typos because fat finger on small phone.

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