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How do you store your eth?

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Thread replies: 21
Thread images: 1

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How do you store your eth?
>>
I use your mom.
>>
i only have 15 right now so i just leave it in coinbase... i know thats an awful idea but its not even $1000 so not a huge deal
>>
In my wallet.
>>
>>1947908
spooky man

>>1947909
what wallet
>>
>>1947919
spooky is right, I'm about to transfer it to a wallet
>>
>>1947907
OP's mom is my wallet too.
You must be Daniel.
>>
I use mist
>>
>>1947919
I'm using Exodus wallet.
Sadly its not open source would feel much more comfortable if it was.
>>
Bought a ledger nano s, it was €80 but on a €40k investment it isn't that much
>>
Is it possible to crack up an ethereum wallet by just knowing it's public address and cracking it's password?

or do you need the json files / private key aswell?
>>
>>1948024
No, passwords in wallets are to encrypt the wallet data locally.
Meaning there is no password to crack without whatever data the wallet additionally uses to store private keys.
>>
>>1947906
i keep them moldering in the Gemini exchange like the shit eating good goy that i am
>>
>>1948049
okay, so a hacker basically needs the json file that has the private key, or the private key itself to crack an ethereum wallet

how do i protect myself against this?

other than keeping my pc clean of keylogs and stuff
>>
>>1948062
Hardware wallets or other cold storage options
>>
>>1948073
my ethereumwallet.exe file and every other file attached to it, is encrypted with a 30 letter long password, and is backed up on multiple offline devices (usb, ext. harddrives and an offline computer)

i also have multiple json file backups on the several devices too, also encrypted.

the wallet itself also has a 24 long password

is this considered cold storage, since it's on offline hardware?

is this good enough?
>>
>>1948073
I also barely ever have the wallet itself open, just when i need to sync it to receive the ether i bought, so it pretty much always stays in it's encrypted file
>>
>>1947906
I have a pair of USB drives. One stored at my house, one in a safe deposit box at my bank of choice.

They are encrypted flash drives with the encrypted JSON files for my handful of wallets. I have memorized the 20+character passwords for all of my wallets, so barring some sort of catastrophic injury (at which point I wouldn't be able to access the funds anyway), it is extremely unlikely anyone will be able to steal my eth.

I use myetherwallet whenever I need to access my funds (which is exceedingly rarely; a lot of my cryptocurrency is tied up in various crowdfunds, so I don't have much actual ETH in my accounts).
>>
>>1947908
>>1947919
>>1947923

Coinbase is semi "insured"...almost like a bank. If they fuck up you're actually not completely SOL. If you fuck up and someone accesses your account and transfer it out...well that's a different story.

Nanoledger for sure my favorite.
>>
>>1948085
Its its goddammit it's not complicated its not it's ffs reee
>>
>>1947906
USB
Thread posts: 21
Thread images: 1


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