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You can be secure with a hardware wallet. The keys stay internal to it, it shows the transaction data on its own display, you press a button on the hardware wal
by DennisP 4y ago
You can be secure with a hardware wallet. The keys stay internal to it, it shows the transaction data on its own display, you press a button on the hardware wallet to approve, and it passes the signed transaction back to your computer.
- deleted 4y ago[deleted]
- roland35 4y agoAnd what happens if I lose my wallet?? Or forgot the passcode?
- DennisP 4y agoThat's not a problem either, you keep a 24-word seed phrase as a backup. That's what goes in your deep cold storage. This has been well-known basic practice for years now. An emerging option is social recovery, as advocated by Vitalik. There are phone wallets now that let you have, say, 3 of 5 recovery, where the five are trusted friends/family or even a business or two.