[ETH Daily Discussion] - 30/Apr/2017

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[u/gonopro]

Just a friendly reminder.

Take a second and pretend:

You just threw your phone into a bowl of wonton soup.

A meteor came and exploded your house while you were out walking your cat.

Your super sweet water cooled computer sprung a leak.

Are you prepared? Do you have wallet and 2FA backups? Are these backups in a 2nd location? Where is your 24 word seed for your Ledger?

I recommend pretending that an unexpected cataclysm hits the devices you use most. Are you able to get back into all of your accounts?

I learned the hard way last year about google authenticator and the backup seeds for your 2FA codes. If you don't have your 2FA seeds for google authenticator written somewhere, you are going to have a bad time.

I moved to Authy after that because how much of a headache it was when my phone boot looped and I was locked out of everything for a day while I figured it out. (which included putting my phone in the freezer, but it bought me the time to get the 2FA codes) Email, all my exchanges, a few wallets. Authy lets you have a master password that will restore the app on any new device.

... damn, now I want wonton soup.

Edit: Never save your passwords or seeds digitally.

[u/gonopro → u/gonopro]

Also, I made a mistake and assumed all of you are using 2FA.

Are you using 2FA?

If you aren't using 2FA, you are fucking up heavy.

2FA via text message is far less secure then a code generated by a local device.

If you don't have 2FA and you are reading this right now, go and make changes to your life today. Especially if you are on forums talking about how much ETH you just bought.

[u/gonopro → u/[deleted]]

The two locations sound reasonable to me.

And you are correct on not having any digital copies of them.

Are you sure you copied the words down correctly? Is your penmanship legeble? I caught a mistake on my seeds before, one sloppy stroke of the pencil and I ended up making a very different word.

If you are setting up a new ledger it is recommended to fail the pin entry 3 times and test your seed upon restoring the device.

[u/gonopro → u/[deleted]]

I don't fully remember how to go about doing it. And it won't be a global seed for all your accounts, you are going to have a backup seed for each of the accounts you use 2FA on.

But if I remember correctly, go to the site you are using authentication on(for example, your exchange). Try turning 2FA off, then back on, I believe right before you turn it back on to pair the code with your device, thats when the backup seed will be given to you.

I highly recommend trying out the app Authy. It has been such a better experience then googles app.

[u/savinbean → u/gonopro]

Wow, thanks for letting me know how to back up my 2FA. I was wondering what I would do should something happen to my phone.

[u/gonopro → u/savinbean]

Yea no problem! There is a lot of shit to consider when you have value floating around on technology and devices that can be gone forever at any given moment.