1/21 RoninSteel by @RoninDojoUI, a stainless steel backup for securing a #Bitcoin wallet against fire, flood, & prying eyes.
2/21 This thread is the short version of a more detailed article which can be found on the @BitcoinMagazine website here: bitcoinmagazine.com/guides/how-to-…
3/21 Tailored to specifically secure a @SamouraiWallet seed phrase/passphrase, this kit comes with a storage envelope/tamper-evident seals, 2mm thick stainless steel plate, and seed phrase/passphrase obfuscation stickers. Both sides of the plate are used.
4/21 This backup can also secure any BIP39 seed phrase up to 24-words with these alternative stickers. One sticker for each set of 12-words per side. Additional plates can be purchased for storing an accompanying passphrase separately.
5/21 First, you'll need a @SamouraiWallet seed phrase/passphrase to backup. Never share your seed phrase or passphrase with anyone. Here is a video demonstrating how to download, install, & setup Samourai Wallet for the first time:

6/21 Once the wallet is setup, the necessary recovery information can be transferred to the RoninSteel backup. Make sure you have a Sharpie & spring-loaded punch. In @SamouraiWallet, navigate to the 3-dot menu > Settings > Wallet > Show Mnemonic to display the seed phrase.
7/21 Carefully place the sticker so the edges are aligned. Use the sharpie to mark the corresponding circles. The A-Z alphabet runs horizontally and the 12-word columns run vertically. You only need the first four letters of each word. Double check, stamp, & peel.
8/21 Once the sticker is removed, the information is obfuscated and just looks like some random dots. If someone were to gain access to this steel plate, they would not be able to determine the information contained here without a recovery sticker & prior knowledge.
9/21 On the reverse side, align the passphrase sticker and repeat the process. Double check the passphrase in app first (3-dot menu > Settings > Troubleshoot > Passphrase/Backup Test).
10/21 You will notice that there are rows on the top and bottom edges indicating which column the character for a particular row belongs. Then, peel the sticker off and the information is obfuscated.
11/21 Now, all of the necessary info to restore your wallet is secured in a durable, stainless steel medium and it is obfuscated. You can use the included red envelope and seal it with the included tamper-evident sticker. Then, store this securely as if it were gold or jewelry.
12/21 Let's see how well the RoninSteel plate withstands white-hot temperatures near melting point, 1,500°C:

13/21 The plate survived the fire test with very minimal warping and some discoloration but let's see if the information is recoverable.
14/21 The info was 100% recoverable! By applying a recovery sticker, the 12-word seed phrase/passphrase were both recovered. The recovery stickers are clear in the little circles so it is easier to see the divots. Using the tip of the punch, I was able to locate the divots.
15/21 Double checking my work with the wallet:
16/21 The @RoninDojoUI RoninSteel backup plate is durable enough to withstand white-hot temperatures or flood damage and still secure your wallet recovery information. The plate is small enough to be easily concealed anywhere in your home.
17/21 One plate can be used for a @SamouraiWallet 12-word seed phrase/passphrase or multiple plates can be purchased for 24-word seed phrase/passphrase combinations. The tamper evident seal on the envelope adds some peace of mind in knowing if anyone has accessed the steel plate.
18/21 By removing the stickers, the information is obfuscated in a way that makes it useless to anyone who doesn't know exactly what it is and doesn’t have the stickers to use. All in all, I thought this was a cool way to secure Bitcoin wallet recovery information.
19/21 To learn more about @RoninDojoUI check out their website:
ronindojo.io
20/21 The @RoninDojoUI Telegram channel:
t.me/RoninDojoUI
21/21 And this episode of @citadeldispatch
citadeldispatch.com/cd13/

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with burn the bridge

burn the bridge Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @econoalchemist

10 Aug
Life gets better when you take action to change your situation.

That action may be different for everyone. The important thing is that you do something.

Here are a few ideas:

Stop being tracked by your mobile device: econoalchemist.com/post/mobile-pr…
Start mining non-KYC #bitcoin at home:

econoalchemist.com/post/home-mini…
Get your #bitcoin off an exchange and into your own control:

econoalchemist.com/post/a-beginne…
Read 6 tweets
9 Aug
7 months of continuous run time, even with a furnace-style filter in line. I'll probably start removing the fans & checking the boards every 90 days.
Decided to add a second ASIC using the existing infrastructure from the first install. Kept the enclosure pretty simple this time.
Even with a second ASIC, the noise levels are not much louder. The biggest difference right now is that I have the intake ducting disconnected because the air inside my house is cooler than outside. Right outside the door its only 55dB.
Read 4 tweets
26 Jun
1/24 Build a self-custodial Lightning node with @RaspiBlitz

A thread on Lightning for beginners.
2/24 This thread is the short version of a more detailed article that can be found on my blog.

Lightning is a rabbit hole in and of itself, so this thread will only cover the very high level steps involved. Please check out my article for the full story.

econoalchemist.com/post/build-a-s…
3/24 Lightning is a layer-2 payment network built on layer-1, #Bitcoin

Network peers with open bi-directional channels can send/receive payments quickly without the need to wait for block confirmations. Other peers can help facilitate the best network route for payments.
Read 24 tweets
13 Jun
1/35 A thread on getting started with #bitcoin self-custody:

How to:
- setup a new @COLDCARDwallet
- secure a seedphrase with @CypherSafe
- receive & send #bitcoin using PSBT with @SparrowWallet

Welcome to the wonderful world of radical responsibility ;)
2/35 This thread is the short version of a more detailed article which can be found on my blog here:

econoalchemist.com/post/a-beginne…
3/35 To follow along make sure you have the following items:

1 x @COLDCARDwallet
1 x MicroSD Card
1 x @usbCOLDPOWER Adaptor & 9v Battery
1 x USB to microUSB Cable
1 x @CypherSafe Cypher Wheel
1 x Balanced 6-Sided Die
1 x Desktop or Laptop computer
Read 35 tweets
19 Apr
1/46 Use non-KYC #bitcoin to achieve mobile privacy with a de-Googled phone.

A thread on flashing @CalyxOS to a Pixel 4a. Image
2/46 This thread is the short version of a more detailed article that can be found on the @BitcoinMagazine website here: bitcoinmagazine.com/guides/how-to-…
3/46 and also on my blog here:
econoalchemist.com/post/mobile-pr…
Read 46 tweets
31 Mar
#bitcoin is fungible because #Bitcoin is neutral. It makes no difference to the network what gov't issued list denounces a UTXO. Applying externalities onto the network only serves to exclude oneself from the network, with plenty of room to route around the obstruction. #marathon
"Taint" is a non-quantifiable, opaque scare tactic used by rent-seeking chainanalysis companies to manufacture crises so they can sell their solutions for problems nobody has.
The existence of a traceable history for each UTXO does not mean it's non-fungible. This is where common sense accounting practices are conflated with fungibility.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(