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Question 2 of 2What is a key practice for securing your wallet’s private keys?* Choose only one answerStoring them in a hardware wallet or encrypted offline locationStoring them on cloud services for easy accessSharing them with a trusted friend for backupKeeping them in a plain text document on your computer

Question

Question 2 of 2What is a key practice for securing your wallet’s private keys?* Choose only one answerStoring them in a hardware wallet or encrypted offline locationStoring them on cloud services for easy accessSharing them with a trusted friend for backupKeeping them in a plain text document on your computer

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Solution

The key practice for securing your wallet’s private keys is storing them in a hardware wallet or encrypted offline location.

Similar Questions

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

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 should you regularly do with your wallet to ensure security?* Choose only one answerBack up your wallet and keep backups in secure locationsUpdate your wallet software to the latest versionMonitor wallet activity for unusual transactionAll of the above

Identify the security practice that helps administrators secure a cloud environment from online attacks.Group of answer choicesImplement secure authentication, authorization, and auditing controls.Do not disclose applicable logs and data to customers.Never isolate memory, storage, and network access.Prevent authorized server access using security checkpoints.

Encryptng passwords isn’t recommended because if you store the key with the encrypted passwords and you get hacked, then all the passwords are immediately broken. This statement is Question 26Select one:TrueFalse

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