Overview of How to Securely and Safely Be Your Own Bank
The purpose of these tutorials are as follows:
1) Aimed primarily to those that are new to cryptocurrencies.
2) For those people who need help in choosing a cryptocurrency wallet.
3) For anyone concerned about the security and safety of their cryptocurrency holdings.
These tutorials are NOT for those who are looking for a canned 'all-in-one' solution!
The focus is to provide information that will help you make an informed decision.
Hence my slogan, "Building Tools for Informed Decision Making!"
The goal is to help you become self-reliant, relying on no one else to secure your crypto holdings, and to be responsible for your own actions.
Over the next several posts we will cover subjects as:
1) The setup of a local Administrator account
2) The secure use of password managers and email accounts
3) Cryptocurrency wallets
- An overview of concepts and terminology
- Advantages & disadvantages
- Inherent risks of different wallets
- Hot & cold wallets with walk throughs
4) Mnemonic Backups
- Care and management
- A walk through of restoring a wallet from the mnemonic phrase
5) Advanced Techniques
- Enhancing security of your password managers
- Creating a hidden wallet on your Trezor or Ledger device
- Storage techniques for mnemonic backup
- Shamir backup (Trezor Model T)
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