RE: Your Bitcoin, ETH, STEEM, and other Crypto are NOT stored securely.

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Your Bitcoin, ETH, STEEM, and other Crypto are NOT stored securely.

in bitcoin •  6 years ago 

Great article but how does one access their coins using Bitfi. Could you explain that?

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6 years ago by

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      ·  6 years ago (edited)

    You access it with a phrase that you can choose. Then you must pass a second layer by creating your own salt (password). You create each of these as per your will; this allows you to create something memorable.

    The main difference between this technology and a cold wallet is that, without the phrases you have memorized, the key never becomes accessible to anyone that breaches the wallet.

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