Step-by-step guide using Vigenère Polyalphabetic Ciphers to encrypt your Mnemonic Seed and prepare it for steganography.
Hi folks,
As of April 2024, the UK police and National Crime Agency were granted new powers to confiscate and destroy cryptocurrency assets, passwords, or hardware wallets without making an arrest:
Police will no longer be required to make an arrest before seizing crypto from a suspect … items that could be used to give information to help an investigation, such as written passwords or memory sticks, can be seized
Whether this will be used to tackle legitimate crime or as an arbitrary blanket procedure to prosecute law-abiding individuals who are concerned about financial privacy is yet to be seen.
What remains is a need for extra precautions to safeguard your Monero.
This is one system that I’ve used and that I want to share with the community.
Thanks
🔗 https://moneromaster.substack.com/p/monero-guide-encrypt-seed
i like the intention, but simple encryption is not going to cut it, you need to be able to deny the existance of the encrypted volume: https://blog.nihilism.network/servers/encryption/index.html what you're looking for is plausible deniability. in short, hide your mnemonic seed into a veracrypt hidden volume
@nihilist @MoneroMaster
If you are using veracrypt on a siezed computer, that fact is probably enough for law enforcement to presume the existence of a hidden volume.
You can deny it, sure, but it's no longer plausible.