Creators of Domino plates - metal backups for preserving your Bitcoin seed words. Received AAA-rating on Jameson Lopp's stress tests. 🔥💦⚡
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Joined September 2019
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Make your #Bitcoin bullet proof by storing your seed words on one metal backup plate, and your passphrase on another.
Always store seed words and passphrases in separate locations.
A #Bitcoin backup plate can help secure your seed words today...
And might just stop a bullet tomorrow. 😉
When considering the different types of #Bitcoin backup devices, it is best to choose a single solid piece of metal, ideally corrosion resistant, like 316L (marine-grade) stainless steel.
"Simpler is better - more pieces means more potential points of failure." - Jameson Lopp
The most important job of #Bitcoin seed storage plates, is to PRESERVE your private key.
Using a mechanical locking device to hide a private key is dangerous because it gives a false sense of security.
Solution = 2FA
Stored in two separate places.
SEED + PASSPHRASE
or MULTISIG
Is your #Bitcoin backup fireproof 🔥, waterproof 🌊, chemical resistant 🧪, brick proof 🧱, sledge hammer proof ⚒️, and shotgun proof 💥?
If not, why not back it up on some solid pieces of marine-grade stainless steel (stored in separate locations). 👍
Once you protect your #Bitcoin with two-factor security (seed words + passphrase), you'll want to split everything of value into two required parts. 😉
Marine-grade @BitPLATES Domino plates are made from 316L stainless steel, not just 304 stainless steel, so #Bitcoin seed words and passphrases stay protected even against some of the Earth's most corrosive environments. 🌊
BitPLATES - Bitcoin Backup retweeted
Preserve your #Bitcoin private key (seed words, passphrase, and multisig parts) on metal.
3mm solid plate with deep engraved alphabet and grid guide, made from 316L (marine-grade) stainless steel.
Always store seed words, passphrases, and multisig parts in separate locations.
BitPLATES - Bitcoin Backup retweeted
It's so important to understand how secure your #Bitcoin wallet's (2nd factor security) passphrase is.
When created by stringing together...
3x random BIP39 words = 33-bit secure
(est.d to take 8 seconds to hack with a supercluster of ASIC computers)
4x random BIP39 words = 44-bit secure
(est.d to take 4 hours to hack with a supercluster of ASIC computers)
5x random BIP39 words = 55-bit secure
(est.d to take 1.5 years to hack with a supercluster of ASIC computers)
6x random BIP39 words = 66-bit secure
(est.d to take 2,000 years to hack with a supercluster of ASIC computers)
bitplates.com/how-secure-is-…
It's so important to understand how secure your #Bitcoin wallet's (2nd factor security) passphrase is.
When created by stringing together...
3x random BIP39 words = 33-bit secure
(est.d to take 8 seconds to hack with a supercluster of ASIC computers)
4x random BIP39 words = 44-bit secure
(est.d to take 4 hours to hack with a supercluster of ASIC computers)
5x random BIP39 words = 55-bit secure
(est.d to take 1.5 years to hack with a supercluster of ASIC computers)
6x random BIP39 words = 66-bit secure
(est.d to take 2,000 years to hack with a supercluster of ASIC computers)
bitplates.com/how-secure-is-…
BitPLATES - Bitcoin Backup retweeted
Don't split up a #Bitcoin private key by splitting up seed words; it massively reduces security against brute-force attacks:
❌ SEED WORDS + SEED WORDS
You can safely split up a private key by adding a passphrase; this massively increases security:
✅ SEED WORDS + PASSPHRASE
BitPLATES - Bitcoin Backup retweeted
So, you've protected your #Bitcoin seed words with 2nd-factor security.
eg. passphrase, multisig, etc...
...but you still want to know if anyone has sneaked a peek at them?
This is why we provide tamper-proof labels with every BitPLATES Domino plate.
For anyone thinking about creating a passphrase to add security to their #Bitcoin seed words, here's some important information to know...
bitplates.com/how-secure-is-…
Everyone should self-custody their #Bitcoin
Self-custody should include multi-factor security protection.
Multi-factor security should involve distributed parts.
Distributed parts should be resistant to single point of failure (SPoF).
SPoF can be avoided with multiple copies.
A BIP39 passphrase is so important to have as a 2nd factor of security (2FA) on top of your #Bitcoin seed words.
🔑+🔑=🛡️
URGENT: Add a 2nd layer of security to your #Bitcoin seed words if you haven't already!
The easiest way to do this is to create a strong passphrase (NOT the same as a password) as shown on our website:
bitplates.com/bip39-passphra…
BitPLATES - Bitcoin Backup retweeted
The most important job of #Bitcoin seed storage devices is to PRESERVE your private key.
Using a mechanical locking device to hide a private key is VERY dangerous because it gives a false sense of security.
Solution = 2FA
ie. Store two separate parts
SEED WORDS + PASSPHRASE
.
BitPLATES - Bitcoin Backup retweeted
The BIP39 passphrase (or '25th-word') adds 2nd factor authentication (2FA) security to your #Bitcoin wallet, and offers protection if your 24 seed words are ever exposed.
But how secure is your passphrase?
See updated chart: bitplates.com/how-secure-is-…
