Safe Back-Up Vs. Passphrase

post by macnet on May 16, 2024

Any good reason to keep the Passphrase if youre using the Safe Back Up in Pera? SBU feels superior for obvious reasons.

post by yazyyyyyyy.algo on May 17, 2024

In the current version, accounts that are rekey are not included in the backup. So, in that regard, saving the passphrase is still essential. At least, that’s the case for me.

post by vidhyanand on May 17, 2024

Also you are depending on a third party service to keep your keys. What if you want to retrieve the keys after 20 years and the service is not available?? I am thinking about the least probable scenarios. It all depends on the amount of crypto that you hold in the address.