this post was submitted on 22 May 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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Step-by-step guide using Vigenère Polyalphabetic Ciphers to encrypt your Mnemonic Seed and prepare it for steganography.

Hi folks,

As of April 2024, the UK police and National Crime Agency were granted new powers to confiscate and destroy cryptocurrency assets, passwords, or hardware wallets without making an arrest:

Police will no longer be required to make an arrest before seizing crypto from a suspect … items that could be used to give information to help an investigation, such as written passwords or memory sticks, can be seized

Whether this will be used to tackle legitimate crime or as an arbitrary blanket procedure to prosecute law-abiding individuals who are concerned about financial privacy is yet to be seen.

What remains is a need for extra precautions to safeguard your Monero.

This is one system that I’ve used and that I want to share with the community.

Thanks

🔗 https://moneromaster.substack.com/p/monero-guide-encrypt-seed

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[–] [email protected] 0 points 5 months ago

Yes it is not impervious to brute force-frequency analysis, however it still has it's uses.