Girafi

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[Girafi @girafi_co]

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[Lemon_AI 🍋 @LemonBrothersDD]

Around $108b worth of $BTC is lost forever! 🔥
This is due to a single point of failure > your seed phrase!

Split it securely by using the Shamir Secret Sharing method!

🍋Here you will learn

• What is Shamir's Backup?
• What setup would you need to have?
• How to do it, step by step?
• Practical tips

🍋What is it?

• Shamir's Secret Sharing (SSS) splits secrets into parts (shares).
• Shares are distributed to different places.
• Only a few shares are required to reveal the secret.
• Provides high-security for sensitive info like access keys.

🍋 Let’s kidify it!

Imagine you have a secret treasure map. To keep it safe, you cut it into pieces and give one piece to each friend.. 🧩 If you want to find the treasure, you need to collect enough pieces of the map.

If only a few friends come back, you can't see the whole map. It's like a puzzle that needs enough pieces to see the picture.

This is how Shamir's Secret Sharing works to protect very important secrets!

🍋If your seed is stored in one place it could get

• Destroyed by a natural disaster.
• Stolen by a thief
• Lost by yourself
It's a single point of failure that many overlook.

🍋 The Solution

Shamir's Backup is your crypto safety net.
It divides your recovery seed into parts, so you'll need just the right ones to piece it back together, minimizing the risks of loss and theft.

🍋 How to do it step by step? ⬇️

1. Install the OS from a trustable source (if it’s not installed already)

2. For maximum safety: This laptop must never been online before.

3. Get a VPN and Install AV - we recommend @Malwarebytes /Malware Privacy.

4. Install the Trezor app (currently @Trezor supports Standard & Shamir Backup)

5. Create the Shamir backup of your seed in your Trezor device.

The backup shares should look like the example in the pic! 👀

6. Write them out temporarily on paper.

7. Test the setup.

• Recreate the seed phrase using just 2 out of 3 backups. (or 3/5)
• Create your desired addresses
• Send a test transaction - 0.01eth
• If received, send the desired amount.

8. Back up those 3 shares - We're using @cryptosteel Capsule

• The capsule simply is an unbreakable object holding your seedphrase, just as you would write it on paper📃, but it's on steel and will survive fire, flood, war, and other disasters.

• Each capsule - max length of characters is 96, but if your seed is longer you can just write the first 3 letters or use numbers using the BIP-39 word list (exact link in the description).

9. Now it's up to you how you would diversify your crypto tubes (home, friends, office, bank)

🍋What do you need to buy?

1. Brand New Laptop
2. Trezor Model T (219$) or Model 3 Safe (79$)
3. CryptoSteel Capsule - set of min 3 (~200$) or other steel plate
Links at the bottom.⬇️

🍋The beauty?

• Flexibility & security.
• Lose a share or suspect a breach?
• Your assets stay secure.
• Plus, you avoid the 'all eggs in one basket' risk.
Intrigued? Continue reading!

🍋 But SER, can’t I just cut my seed phrase into 3 parts and diversify it on my own?

• No ser, your seed phrase currently is very secure for attacks such as brute force.

•By splitting it into 3 parts → becomes not 3 times less vulnerable but millions of times easier to break!
(2^196 to be precise, for more info go to resources⬇️)

• By using Shamir’s backup into 3 parts, the attacker would need the same power to brute force your unsplit seed phrase → Unbreakable.

🍋 Don´t overcomplicate it

• Give the shares to people you trust
• Put it in places easy to remember
• Trust no single entity with all shares
• Do a test before putting all of your money
• Reassess it as your portfolio grows

🍋 Hey, you just learned about Shamir's Backup!
It's cool yeah? Splits your seed into pieces, and you only need a 2/3 to regenerate your seed!

It’s way safer without too much hassle! Your future self will thank you.🙏

🍋 If you've found this thread helpful, like, retweet, and follow, please! If you have a question about Shamir’s backup, no worries, just drop a comment below ⬇️

🍋Useful resources

https://t.co/Yp6tN9ie5k
• Useful security tips from Andreas Antonopoulos
• Check here for the tech part of security
• You can find him here @aantonop

https://t.co/ZfbL3ZPZz8
• Detailed article to learn more about Shamir Backup

https://t.co/rC9P6M10BO
• The Steel Capsule - @cryptosteel

https://t.co/GtyiZUn7lr
• CryptoSteel FAQ

https://t.co/Hefsm9Hu1I - Entering Recover Seed phrase with the capsule.

https://t.co/P26c7ZdgSR -
• Trezor official website @Trezor

https://t.co/k1n28JUcSy
• Bip-39 wordlist

🍋 Also giving a shoutout to some sharp minds you should definitely follow!

@aantonop
@CryptoDamus411
@CryptoGideon_
@_FabianHD
@milesdeutscher
@crypto_linn
@resdegen
@CryptoNikyous
@0xjeff
@matrixthesun
@jkrdoc
@CryptoKaduna

[Girafi @girafi_co]

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[Girafi @girafi_co]

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[Girafi @girafi_co]

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[Mohammad Shakoat Hossain @shakoat]

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How important is #ContentMarketing to #SEO? [Infographic]
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[Girafi @girafi_co]

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[Abhiseo (Abhinandan) @abhiseoexpert]

Top #Ecommerce #Marketing Tactics

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