this post was submitted on 29 Apr 2024
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Monero
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This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
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Fair enough perspective. What do you favor? Paper wallet? Something like cryptosteel? Hardware wallet? Memorization? Other airgapped digital device solutions? Shamir secret sharing? Something else?
It's always good for others to hear and gather approaches and try to choose amongst them for what may work best.
Just write it down. Paper, steel, whatever, just don't store it digitally. If you're storing something worth more than a hardware wallet, the seed with a good hardware wallet is a good idea. Memorize it if you can, but have it written down somewhere. If you can rip wireless networking out of a device, airgapped notebook or cell phone is fine. If you have a bunch of different people that will need access in the event you can't give them access, and you're concerned about one of them potentially stealing it from you, and they know how to do this kind of stuff, shamir backup is great.