BitPLATES - Bitcoin Backup

Creators of Domino plates - metal backups for preserving your Bitcoin seed words. Received AAA-rating on Jameson Lopp's stress tests. 🔥💦⚡

[BitPLATES - Bitcoin Backup @BitPLATES]

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.

[BitPLATES - Bitcoin Backup @BitPLATES]

@Printer_Gobrrr I know how you feel... I've just heard about it this morning, after spending hours trying to figure out why I'm being charged £85 to send a £120 product to the US. Small businesses are being eradicated one way or another. 😡

[BitPLATES - Bitcoin Backup @BitPLATES]

This shouldn't be controversial...

"If your #Bitcoin wallet signing device doesn't allow you to save your own seed words and passphrase, then you don't hold your own keys, and it's not your Bitcoin!"

#NYKNYC

[BitPLATES - Bitcoin Backup @BitPLATES]

@Rkeyology They come with soft foam protectors, but I would recommend a more inconspicuous cover. eg. DVD/Blue ray case.

We also provide security strips to check if your storage case is ever opened.

[BitPLATES - Bitcoin Backup @BitPLATES]

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.

[BitPLATES - Bitcoin Backup @BitPLATES]

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 @BitPLATES]

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)

https://t.co/APBvpKzrpr

[BitPLATES - Bitcoin Backup @BitPLATES]

@nostrnaut @KOBTCSYSTEM 😂 No, I'm saying that he just published a passphrase on the internet, so it's THE most unsafe combination to use. 👍

[BitPLATES - Bitcoin Backup @BitPLATES]

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)

https://t.co/APBvpKzrpr

[BitPLATES - Bitcoin Backup @BitPLATES]

@nostrnaut @KOBTCSYSTEM It's actually THE most unsafe passphrase now...

Plus difficult to calculate the exact amount of entropy, so you're sailing blind.

[BitPLATES - Bitcoin Backup @BitPLATES]

@nostrnaut Anything you can do to increase the chances of randomness is definitely a good thing 👍

[BitPLATES - Bitcoin Backup @BitPLATES]

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 @BitPLATES]

Maybe something like...

Ten pieces of paper (numbered 0-9) in a cup.

Mix them around.

Pick a piece out until you get a 0, 1, or 2.

That's your first number.

Replace the pieces of paper.

Mix them around.

Pick a piece out.

That's your second number.

Etc, etc, until you have four numbers.

eg. 1071 = magic

👍

[BitPLATES - Bitcoin Backup @BitPLATES]

For anyone thinking about creating a passphrase to add security to their #Bitcoin seed words, here's some important information to know...

https://t.co/IOj0Gqh9q8

[BitPLATES - Bitcoin Backup @BitPLATES]

@Aldo35100567 Maybe think about ways of generating 4x random numbers, then see which BIP39 word it corresponds with.

ie.
0008 = abstract
0900 = idea

https://t.co/TZ5btHvzNy

[BitPLATES - Bitcoin Backup @BitPLATES]

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.

[BitPLATES - Bitcoin Backup @BitPLATES]

A BIP39 passphrase is so important to have as a 2nd factor of security (2FA) on top of your #Bitcoin seed words.

🔑+🔑=🛡️

[BitPLATES - Bitcoin Backup @BitPLATES]

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:

https://t.co/jFCDkPQLyO

[BitPLATES - Bitcoin Backup @BitPLATES]

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 @BitPLATES]

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: https://t.co/h5ElHElVCL