this post was submitted on 24 Nov 2023
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Is a passphrase enough to store your coins? (alien.top)
submitted 11 months ago by ashketchup422@alien.top to c/ethereum@blockchained.world
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I always read about public keys,private keys and speedphrases that you need to store them in a paper wallet or hardware wallet. The only thing I ever stored are the passphrases (those 12 or 24 words) I get from metamask or other wallet provider in the beginning of creating a wallet. Is this enough when I write them down and secure them?

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[–] Lifter_Dan@alien.top 1 points 11 months ago (1 children)

Personally I don't like ledger because they allowed a data leak, I prefer Trezor. But ledger does support more types of crypto.

[–] ashketchup422@alien.top 1 points 11 months ago (2 children)

Damn yes I remember. I read about the leak. But Trevor is almost twice the price. I can't spend almost $200 for a hardware wallet. Do you know any cheaper and secure wallets?

[–] Lifter_Dan@alien.top 1 points 11 months ago

Also Trezor Model one price is only $48 USD, I think you saw their top model

[–] Lifter_Dan@alien.top 1 points 11 months ago

Curious why it is too much for something you'd keep using for 10 years or more (I've had mine since 2017) then it might be a good idea to reconsider crypto, it's well worth foregoing a night on the town or whatever alternative you would spend $200 on.