Replying to Avatar Luwi

Being in crypto for more than 3 years by now and still do not have a proper way of seed storage for my hw wallet. Also, and this is tricky, where to store my seed storage? Buried somewhere in the garden? Any ideas my fellow nostrers? Thank you! :) #plebchain
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Kensho 2y ago

Learn them. You can split your seed words into two or more "fake" sets on coldcard. It also reconstructs them for you into your real set. Put on a passphrase. Save your passphrase securely. Use derived entropy to construct a multisig. That way you only have to secure one seed. Lots of ways. I think most people have a single device with a passphrase. If your seed is found, they still can't get your stash.

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Luwi 2y ago

"Use derived entropy to construct a multisig." Caught my attention. Need to search for it. Thanks

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Kensho 2y ago

It's rather good. You can do it pre or post passphrase on the coldcard. But obvs builds complexity layers. You could put another passphrase on the derived seeds stored on other devices. FYI I wouldn't recommend it, for what it's worth.