Timeline for Backing up wallet with pen and paper, destroying electronic copy, restoring from keyboard -- how?
Current License: CC BY-SA 3.0
7 events
| when toggle format | what | by | license | comment | |
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| Aug 21, 2013 at 18:00 | comment | added | Edward. | It's risk per time. Generating, storing, had some risk, once. Keeping stored in software form has much smaller risk, but risks every day. Over many days. Not need most of this bitcoin, in next at least five years. Plenty to spend 'til then. Hard drives, USB keys, etc. fail often over such periods. And not so arrogant I am to think I can keep computer secure every day so long. | |
| Aug 21, 2013 at 16:50 | comment | added | Nate Eldredge | @Edward.: No, certainly not. But if you generated your key on a computer, and you mistrust all computers, how do you know it hasn't already been stolen? | |
| Aug 21, 2013 at 16:22 | comment | added | Edward. | Doing complicated Math not necessary for just save and restore key, I hope. | |
| Aug 21, 2013 at 15:57 | comment | added | Nate Eldredge | Fair enough. Then I guess you're going to want to get yourself a big stack of paper, a book on abstract algebra, and some good music to listen to as you multiply points on an elliptic curve by hand. | |
| Aug 21, 2013 at 15:10 | comment | added | Edward. | Pens and paper are very simple devices. They can be trusted to do absolutely nothing that you don't want them to do. Computers, not so much. Millions of lines of code invisibly run when you're doing something you think is simple. You can't even tell where all of it comes from. Paper does not generally fail for centuries in the absence of fire or water, and the same cannot be said for disk drives or CD's. Finally, I am far more worried about malware, hacks, hardware & media failures, and software security failures than about any kind of physical theft. | |
| Aug 21, 2013 at 7:23 | history | edited | Nate Eldredge | CC BY-SA 3.0 |
added 184 characters in body
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| Aug 21, 2013 at 6:35 | history | answered | Nate Eldredge | CC BY-SA 3.0 |