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One of the good things that cryptocurrency brings is secure cryptography devices like Ledger. It has a secure screen that allows you to copy 24-word mnemonic to
by renonce 4y ago
One of the good things that cryptocurrency brings is secure cryptography devices like Ledger. It has a secure screen that allows you to copy 24-word mnemonic to a sheet of paper and recover everything from it in case you lost/damaged your device. The mnemonic can be carved onto a piece of metal that would survive fire or locked into bank safe so as to survive incidents like this. It has proven to work reliably for exchanges where billions of dollars are at stake. And best of all, it supports U2F so you can sign in to regular websites with it.
I hope that such technology would find its use outside the crypto world and help us keep our identity safe.
- iLoveOncall 4y agoHow is that any different than carving your password manager's recovery key on a piece of metal?
- renonce 4y agoA nice thing to do if you don't have Ledger. But in case you change your password because of a laptop compromise you have to change it on all devices and carve it again. Ledger is much safer so you shouldn't need to do it more than once. Just make sure the mnemonic never enters the digital world - don't point a camera at it.
- maccard 4y agoHow is that any different to the recovery codes section? OP could have carved their one use passwords into the floor, for example.