If you don't have a multisig or social recovery wallet, imo the next best is to split up your seedphrase with a "poor man's 2-of-3": chunk 1 is top + middle, chunk 2 is middle + bottom, chunk 3 is bottom + top.

We could even use the kind of paper that people use to sign two copies of a form at the same time for this:

I feel like the easiest thing someone can do to increase EOA security is keep some decoy ETH in the default path and hide real value behind a BIP39 passphrase. Not sure why this is almost never talked about

The main reason it’s not used more in wallets is that it’s confusing for new users and has caused a lot of lost coins. I.e new users think that the passphrase unlocks the wallet locally and that they should be able to recover with just the 12 words.

I like baking /goodbread and building apps on web3 protocols. DevRel @ ENS Labs. gregskril.com

The main reason it’s not used more in wallets is that it’s confusing for new users and has caused a lot of lost coins. I.e new users think that the passphrase unlocks the wallet locally and that they should be able to recover with just the 12 words.

https://twitter.com/tayvano_/status/1532838475141111810?s=20

As an experienced user, I didn’t even know bip39 could have a passphrase on top of the 12 or 24 worlds!