What is the main risk of storing your seed phrase digitally (e.g., in cloud storage or email)?* Choose only one answerIt's easy to access when neededIt saves paper and is environmentally friendlyIt can be hacked or accessed by unauthorized partiesIt can be easily backed up to multiple locations
Question
What is the main risk of storing your seed phrase digitally (e.g., in cloud storage or email)?* Choose only one answerIt's easy to access when neededIt saves paper and is environmentally friendlyIt can be hacked or accessed by unauthorized partiesIt can be easily backed up to multiple locations
Solution
The main risk of storing your seed phrase digitally (e.g., in cloud storage or email) is that it can be hacked or accessed by unauthorized parties.
Similar Questions
What is a recommended strategy for backing up your seed phrase?* Choose only one answerCreate a backup and store it in secure locationsMemorize it completely to avoid any physical copies.Share copies with friends for safekeepingKeep a digital copy in case you lose the original
Why is it important to keep your private key secure?* Choose only one answerIt is used to recover your seed phraseIf someone gains access to your private key, they gain access to your crypto assetsIt is necessary for logging into crypto exchangesIt is required to claim airdrops and bonuses
What is a good way to maintain a positive digital footprint?ADon't overshareBUse privacy settingsCOnly post things that you would want everyone to seeDAll of the above
The Svalbard Global Seed Vault stores nearly 740,000 specimens of frozen seeds in case of disaster. Researchers have undertaken such a massive hoarding effort because they have long been worried about the loss of crop diversity, for many reasons. All over the world, rapidly changing climates mean that crops that used to be successful may suddenly fail. __________ a growing interest in conservation means researchers are trying to find crop varieties that don't require as much land or damage to natural resources. What's more, as the global population increases, so does demand for food.26Mark for ReviewABCWhich choice completes the text with the most logical transition?ASimilarly,BFor this reason,CTherefore,DHowever,
Question 2 of 2What is a best practice for private key security?* Choose only one answerShare it with close friends or familyKeep it in a cloud storage service for easy accessWrite it down on a sticky note and keep it on your computer monitorStore it offline, preferably in a hardware wallet
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