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How To Create A Distributed Zero Trust Crypto Wallet Backup With SafeWords!

SafeWords was created to give users of Cryptocurrency access to an easy to follow system that gives them very tight security over their wallet backup. What follows, is the process of creating a backup with a SafeWords Kit to demonstrate how easy it is.

To create a backup of a new wallet you will need:

1. A new hardware wallet (For the purposes of this article, we are using a Trezor One, however the process described is applicable to virtually any hardware or online wallet) 2.A SafeWords Kit 3. A pen 4. A safe location free from webcams,  cctv cameras and any prying eyes

Trezor One and a BCF Edition of SafeWords.

Remove your wallet from its packaging carefully read all related instructions and plug it in.

The Trezor One Welcome Screen

Follow the specific setup instructions of your device until you reach the moment where the wallet gives you your BIP39 recovery seed words (Mnemonic Seed)  & unpack your SafeWords  Kit

Example Contents Of A SafeWords Kit

Your SafeWords Kit by Coin Storage Guru Should Contain The Following:

  1. 3 x SafeWords 2 Of 3 Mnemonic Seed Storage Cards
  2. 3 x SafeWords Custom Card Storage Envelopes
  3. 3 x Serial Number Matched Tamper Evident Seals
  4. Instructions
Filling In The Seed Cards

Take the SafeWords seed storage cards and while scrolling through the words on your device, write each one in its listed location on the cards, making sure to use the correctly numbered boxes on each card.

Once you have finished filling in your card, triple check it by going back through the words and make sure that all the fields on each card are correct and match what has been generated by your wallet.

If applicable, you now have the option to do a similar ‘Distribution’ with your PIN code. SafeWords Cards accommodate  up to an 8 digit pin.

Distributed PIN Storage

Once you have filled out the cards, be sure to label them with the wallet identifier. This can be used to check you have the correct cards during any future restoration process

Next, take each card and place it into one of the long term storage envelopes, and seal each envelope closed using the peel and seal flap.

Next, apply the Tamper Evident Seals to each envelope. Once applied, this seal cannot be removed without being destroyed. Every set of three seals has a unique serial number which ensures that your information cannot be accessed without you being able to find out.

Sealed For Long Term Storage

Congratulations!

You have just finished creating a secure, distributed, zero trust backup of your recovery seed words. Consider keeping one seed yourself, storing one with a close family member or friend, and storing the third with a lawyer, accountant, or in a secure storage facility.

Everyone’s personal situation is different so give due consideration to the locations you choose to store your SafeWords cards

This way, if you ever lose or damage your wallet and need to recover the seed, you need just access two of the three sets of words. In the event that one set is destroyed by flood or fire, you have another backup to enable you to re-create your distributed solution.

For more information or to purchase The Original SafeWords Kit, please visit www.coinstorage.guru.

Thank you for using SafeWords!

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  • HOME
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  • CONTACT US
  • HOW TO GUIDE
  • SEED WORDS
  • ZERO TRUST
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  • NEWS
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