RE: How to safely backup your private keys in the cloud

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How to safely backup your private keys in the cloud

in crypto •  7 years ago 

Indeed, if somebody gets access to the files they can easily scan it for private key patterns (unless it is encrypted) and steal all the coins. There is no bank to reverse the transactions

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When money is involved you can never be too careful. Obviously people should aim to keep keys offline in a hardware or paper wallet of some sort. But if you want one up in the cloud, PLEASE encrypt it with strong encryption and a good password. Re-steemed your post.