BitShares Forum

Other => Random Discussion => Topic started by: hadrian on June 08, 2014, 09:01:00 pm

Title: Novel method for backup of wallet seeds or private keys
Post by: hadrian on June 08, 2014, 09:01:00 pm
I was thinking about various ways to keep a backup of a deterministic wallet seed, or an important private key (e.g. address used to donate to the AGS fund).

Offline or paper wallets risk loss through hardware failure, theft, fire etc.
Encrypted files could be backed up to various locations, but what if the encryption is broken somehow? Or you could suffer memory loss and forget how to decrypt the file!

My novel solution I will call the skin wallet.
Tattoo your wallet seed or private key where the sun doesn't shine!

Just make sure you keep it secure! You'll have to do the tattoo yourself, keep it covered up, and avoid people accessing it by force!
It could be a good solution if you get amnesia.
It would also hopefully enable loved ones to inherit should you pass away.

Has this idea already been talked about?
Title: Re: Novel method for backup of wallet seeds or private keys
Post by: solaaire on June 08, 2014, 11:49:29 pm
brilliant
Title: Re: Novel method for backup of wallet seeds or private keys
Post by: toast on June 08, 2014, 11:50:09 pm
what about http://dictionary.reference.com/browse/honey+trap ?
Title: Re: Novel method for backup of wallet seeds or private keys
Post by: Agent86 on June 09, 2014, 10:02:02 am
funny idea... I think if you get arrested for something the cops may take pictures of all your tatoos for identification purposes and can strip you down if needed.
Title: Re: Novel method for backup of wallet seeds or private keys
Post by: gamey on June 09, 2014, 09:03:47 pm

I think RFID chip would likely be better.