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Why not encrypt your wallet and back it up?
by esrauch 14y ago
Why not encrypt your wallet and back it up?
- tinco 14y agoBecause that's not secure, it's just a nightmare waiting to happen.
- esrauch 14y agoHow is it not secure to do that, assuming you have a sufficiently long decryption key? It seems more secure than what than having $8k on a single drive that can easily fail at any time.
- tinco 14y agoBecause anyone who has root on your device can just monitor your keypresses. It doesn't matter how long your decryption key is. Ofcourse storing it on a single drive isn't a good idea either :)