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#+RESULTS:
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#+BEGIN_ABSTRACT
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Creating personal Ethereum, Bitcoin and other Cryptocurrency accounts is /urgently/ needed, but is
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Creating personal Ethereum, Bitcoin and other cryptocurrency accounts is /urgently/ needed, but is
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complex and fraught with potential for loss of funds.
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All Crypto wallets start with a "Seed": a large, random number used to derive all of your actual
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Bitcoin, Ethereum, etc. wallets.
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The best practice for using these wallets is to load this "Seed" into a secure hardware device, like
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a [[https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=10388][Trezor "Model T"]] hardware wallet. SLIP-39 Mnemonic cards contain the recovery words, which are
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typed directly into the Trezor device to recover the Seed, and all of its Cryptocurrency accounts.
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typed directly into the Trezor device to recover the Seed, and all of its cryptocurrency accounts.
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For the [[https://shop.ledger.com/pages/ledger-nano-x?r=2cd1cb6ae51f][Ledger Nano]] and other hardware wallets supporting only BIP-39 Mnemonics, you can now use the
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SLIP-39 App to securely and reliably back up these BIP-39 phrases.
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@@ -40,7 +40,7 @@ for the Seed to partners, family and friends. Also, encrypted "Paper Wallets" c
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support software cryptocurrency wallets such as Metamask, Brave or various mobile-phone and
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computer-based wallets.
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Later, if you (or your heirs!) need to recover *all* of your Cryptocurrency accounts, they can
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Later, if you (or your heirs!) need to recover *all* of your cryptocurrency accounts, they can
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collect a sufficient threshold of the cards and regain access to all of the cryptocurrency accounts
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related to the Seed.
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#+END_ABSTRACT
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stored in wallet addresses that can never be accessed because the corresponding "Private Key"
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has been lost, or the passphrase forgotten.
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The statistical chances of anyone successfully passing a Cryptocurrency wallet Private Key +
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The statistical chances of anyone successfully passing a cryptocurrency wallet Private Key +
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passphrase or Seed to their heirs over a 50-year period is therefore very low. Since memory fades
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and "safe" storage places are lost, destroyed or forgotten, this risk actually increases
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exponentially over time.
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and can transfer the funds into their own wallet.
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If the Paper Wallet is ever lost, you can recover the Private Key (it was derived from your
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Seed!), and transfer the Cryptocurrency back into one of your own wallets.
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Seed!), and transfer the cryptocurrency back into one of your own wallets.
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* Recommended Vendors
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The [[https://shop.trezor.io/product/trezor-model-t?offer_id=15&aff_id=10388][Trezor "Model T"]] hardware wallet has built-in SLIP-39 generation and recovery capability.
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Enter the words on the SLIP-39 cards directly into the screen of the Trezor to recover your
We recommend the Trezor "Model T" for this reason. No other hardware wallet yet supports direct,
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on-screen SLIP-39 Seed recovery. This feature is, simply, so fundamentally important for
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Cryptocurrency Seed security and reliability that we consider it a necessity.
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cryptocurrency Seed security and reliability that we consider it a necessity.
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If you already have one of the less expensive Trezor wallets that only support BIP-39 backup, we
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also support those, using the same BIP-39 Seed Entropy backup via SLIP-39 as for the Ledger, and
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Mnemonics. However, you can now use the SLIP-39 App to backup your BIP-39 Seed Entropy!
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Therefore, we now support the Ledger hardware wallets.
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If you already have a BIP-39 Mnemonic, and would like back it up using SLIP-39 for more security
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and recovery reliability, you can use the Pro Controls to do so. Later, when you need to recover
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your BIP-39 Mnemonic, use the SLIP-39 App, select the Pro Controls, enter the SLIP-39 card
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Mnemonics, and click "Using BIP-39" to reveal your original BIP-39 Mnemonic phrase. Then,
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proceed with Ledger wallet recovery as normal, using the BIP-39 Mnemonic.
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The [[https://shop.ledger.com/pages/ledger-nano-s-plus?r=2cd1cb6ae51f][Ledger Nano S Plus]] has a large screen, at a reasonable price point, and connects via USB-C.
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