Access to Maidsafe Coins

The more data you have the more difficult it is to keep it safe. The more passwords and pass phrases you have, the more likely it is you’ll forget one of them (and thereby lose access to your funds, assuming you picked a complex password in the first place).

I’m not trashing the approach, those are fine measures of precaution.
I just wondered aloud if that is safer than to remember (or write down) a 12 word wallet pass phrase.

In other words, there’s a choice:

  • 3 email providers who hold the chunks of your private key in plain text on their servers + three passwords (I hope it’s not just one!) each of which is probably 12 characters or less
  • 12 word pass phrase for a wallet that’s not online (I’m referring to discussion from SafeNet App Funding Through Koinify - #7 by 19eddyjohn75)

And your conclusion is the first approach is safer. Is that because of 2FA that you have?

That is absolutely hilarious!