minor nitpick - it sounds like parley is storing the encrypted private keys on their server, encrypted with the user's passphrase. This method is the best trad

minor nitpick - it sounds like parley is storing the encrypted private keys on their server, encrypted with the user's passphrase. This method is the best tradeoff with cloud encryption IMO - convenience of having the key file accessible anywhere, even if it is not as secure as copying it yourself to all your devices. Also, much much better than using symmetric keys.