Challenge: Top Method for Secure Storage of Bitcoin

in #bitcoin9 years ago

It can be said that the open-sourcing of Bitcoin allows the individual to claim personal monetary sovereignty and responsibility for security.

If this is the case, for the top optimal secure storage of Bitcoin, run a full node (Bitcoin core) on a security-dedicated offline personal computer such as a Purism laptop. This should be a cold-storage computer built for cyber security, on which private keys are managed with Armory, a trustless architecture with the extension of the glacier.org protocol. This dedicated computer can be powered by means of an off-grid source such as solar panels and disconnected from the Internet. A link to the blockchain can be made by a common satellite. For 2FA, a dedicated burn phone can be used and stored in a faraday cage.

As a noteworthy and rarely mentioned backup, the entire private key can be stored in one's subconscious using deep hypnosis.

This is a challenge: can anyone think of a more secure way of storing Bitcoin?

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