Community post
SteemPower cold storage.
With numerous other options available for major crypto's like Bitcoin & Ether, is anyone aware of a cold storage facility for SteemPower? Several exchanges have been hacked already, and anything that is online can be hacked, so I'm looking for an offline method of storing crypto's.
I've order the Ledger Nano S which serves the purpose for Bitcoin & Ether, so will post feedback on here once it arrives, and have set it up etc...
Replies (1)
Hi @jasonbourne
To keep your Steem Power safe you must keep your "owner key" and "master password" in several cold storage. They can not be recovered.
If you have them, you can just take back your account if something happens.
If you check your wallet at least once a week to see that there is no "powering down" that is not yours, you are safe.
The only time people lost something here is when they lost "master password" and "owner key".
If you have them, you use "Stolen Accounts Recovery" in the menu.
I hope that this helped your concerns about safety.
Nice name by the way. I have seen all the movies, even the very old one.