Vitalik Buterin
@vitalik.eth
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:
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Greg
@greg
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
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clun.eth
@clun.eth
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
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aerique
@aerique.eth
Because we want it to be a secret 🤫
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Jacek.degen.eth 🎩
@jacek
I have no idea what you just wrote, that's probably why no one talks about it lol 😅
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john
@johnzettler
+1
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web3dΞv.eth | sonsOfCrypto.com
@web3d3v
I was just about to say the same thing. I actually store entropy and memorise password Not enough wallet support it though
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yehoshzl
@yehoshzl
What’s a BIP39 pass phrase?
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