German designer Martin Gauer has designed a functional crypto wallet password storage system aptly named the Phrasekeeper which allows you to punch your cryptocurrency wallet passphrase or private key into sheet-metal to keep it safe and off-line.
Watch the demonstration video below to learn more about the Phrasekeeper crypto wallet backup solution, Which is now available to back via Kickstarter with earlybird pledges available from €45 or roughly £39. If all goes well and the Kickstarter campaign is successful worldwide shipping is expected to take place during February 2019.
“The Phrasekeeper will enable you to backup your crypto wallet passphrase or private key in a durable way against most common environmental influences like fire or water. And you, or someone you care about, will be able to access it, even if you lost all memories of your passwords or aren’t able anymore to share them with your beloved ones.”
“If you have any type of cryptocurrency, you will likely have a wallet or at least a private key as well. At initialisation, most wallets will give you a passphrase, consisting of 12 to 24 words, which is your only way to gain access to your coins and tokens, if your wallet gets lost or destroyed. So you should make sure to backup this passphrase in a durable way.”
More details and a full list of all available pledges, jump over to the official Kickstarter campaign page by following the link below.
Source: KickstarterFiled Under: Gadgets News, Hardware, Top News