Cold storage — vía only backing up see phrase?
Hey all, I want to run my theoretical idea by you all. It’s for a long term cold storage solution, and tell me if there are any holes. My plan is to store most major tokens using various permutations of Trust Wallet, which I know is a hot wallet, but the idea is to store the seed phrases on paper and metal inside a safety deposit box, then uninstall the app. Is this the same as using a USB-based cold wallet solution? It’s my understanding the USB only functions as a way to store the keys, and I don’t know what encryption method Trust uses to generate their seed phrases, but I have to imagine there would be a way to unencrypt in the future even if Trust Wallet went out of business. Is there a hole in this reasoning? I don’t want you to tell me what to do. I want to know why, and for a clear breakdown and explanation.
AAVE is blocking addresses that ever got touched by Tornado Cash ETH. We've created an AAVE UI mirror so that you don't have to worry about that. Same smart contract, just mirrored frontend.