Uploaded October 2020 | Updated September 2026, 4 hours ago
Is it possible to make backing up your crypto keys very user-friendly without compromising security? In this Q&A clip Andreas theories that we may see social sharing mechanisms for crypto security. But what is best for today?
00:00 How can the average Bitcoin user have user-friendly secure storage without compromising security?
00:13 A social sharing mechanism for Bitcoin security
01:20 The best solution for today is a mnemonic phrase
This question is from key management bonus live-stream, which took place on May 23, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: patreon.com/aantonop
Related Videos:
Bitcoin Q&A: How do mnemonic seeds work? - youtu.be/wWCIQFNf_8g
Bitcoin Q&A: Multi-signature and distributed storage - youtu.be/cAP2u6w_1-k
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Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
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Is it possible to make backing up your crypto keys very user-friendly without compromising security? In this Q&A clip Andreas theories that we may see social sharing mechanisms for crypto security. But what is best for today?
00:00 How can the average Bitcoin user have user-friendly secure storage without compromising security?
00:13 A social sharing mechanism for Bitcoin security
01:20 The best solution for today is a mnemonic phrase
This question is from key management bonus live-stream, which took place on May 23, 2020. If you want early-access to talks and a chance to ask questions in the monthly live Q&As with Andreas, become a Community Builder on Patreon: patreon.com/aantonop
Related Videos:
Bitcoin Q&A: How do mnemonic seeds work? - youtu.be/wWCIQFNf_8g
Bitcoin Q&A: Multi-signature and distributed storage - youtu.be/cAP2u6w_1-k
Learn more about becoming a Community Builder: patreon.com/aantonop
Join the YouTube Channel: youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join
*** Socials, Books, & More ***
Website: https://aantonop.com
Twitter: twitter.com/aantonop
Facebook: facebook.com/AndreasMAntonopoulos
Insta: instagram.com/amantonop
LinkedIn: linkedin.com/company/aantonop
Amazon Author: amazon.com/-/e/B00MVAG8Z8
Audible: audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
Music: "Unbounded" by Orfan (twitter.com/grassfedbitcoin)
Don't forget to SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications.
Thanks for watching!
![MultiSig is NOT the best option for most people to store their bitcoin [June 2023]](https://i.ytimg.com/vi/sjS5qF65Yos/mqdefault.jpg "MultiSig is NOT the best option for most people to store their bitcoin [June 2023]
In this video from aantonops June 2023 Q&A session, Andreas answers the question, What is the best use case for multisig? Watch and learn why multisig is no longer the best option for most individuals.
COMMENT below and let us know what you think of the video. Post your follow-up questions there too!
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LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonops many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved. Learn more at https://aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas’ Workshops, Books & Events**
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![Phones controlling LN nodes, Mastering the Lighting Network, and Eternal Channels [2021]](https://i.ytimg.com/vi/t-jX677D8M4/mqdefault.jpg "Phones controlling LN nodes, Mastering the Lighting Network, and Eternal Channels [2021]
Chapters
0:00 Im a bit fearful of running a LN wallet on my phone since the app or my phone are not always on. But running a node on my always on desktop at home is not handy and mobile. Can I run a combination where my phone controls the node?
3:04 How can we contribute to Mastering the Lightning Network by providing translations to other languages? I have briefly looked in GitHub but I couldnt find any reference, maybe I havent been looking carefully.
5:35 Is there an upper bound to the lifetime of a Lightning channel? Could I keep it open forever?
Github link to the open source repository for writing (and updating) Mastering the Lightning Network book, published by OReilly Media: https://github.com/lnbook
Relevant videos
Kahoot quiz to test your knowledge on the Lightning Network: https://youtu.be/-CvVnhmxPVk
Lightning Network for Non-Technical people: https://youtu.be/XCSfoiD8wUA
A Technical Overview of the Lightning Network: https://youtu.be/E1n3sKKPD_k
COMMENT below and let us know what you think of the video. Post your follow-up questions there too!
SUBSCRIBE to this YouTube channel and select the bell 🔔 for notifications: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ?sub_confirmation=1
JOIN this YouTube channel about Bitcoin and open blockchains to become a YouTube Community Member and access custom emoji and other perks: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ/join
BECOME a Community Builder: https://patreon.com/aantonop
LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. https://aantonop.io/takeaworkshop
You can also learn from one of aantonops many books about bitcoin, ethereum, and open blockchains. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isnt promoting a company or an organization; hes paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at https://aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
***Learn More From Andreas**
Amazon & Kindle: http://www.amazon.com/-/e/B00MVAG8Z8
Audible: https://www.audible.com/author/Andreas-M-Antonopoulos/B00MVAG8Z8
E-books & Merch: https://aantonop.io/shop
Patreon: https://patreon.com/aantonop
Website: https://aantonop.com
Workshops: https://aantonop.com/workshops
***Connect with Andreas on Socials***
Facebook: https://www.facebook.com/AndreasMAntonopoulos
Instagram: https://www.instagram.com/amantonop/
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Thanks for watching, sharing, and subscribing!")
