Users should have a choice to lock the seedphrase so it con not be xtracted at all. Or even better make it a standard feature. physical theft should be demotivated and pointless. Seedphrase should be kept more secure then behind a PW. Even if you dont keep your maain walleet on mobile for many thiefs it will make no difference wether you have a few hundred or millions in crypto.
maybe this can also keep hacks and malware from reaching the seed or keys.
Hi @F.icey and thank you for creating this post! This article from 2024 has some great tips on how to diminuate the risk of this type of attacks. Note to remember that if you are ever faced with this scenario, your life is more important than your crypto.
If at all possible, keep a low profile and avoid flaunting your holdings in public. Diversify your storage by spreading funds across multiple software and hardware wallets, keeping the majority of your holdings in cold storage. Consider utilizing multi-sig wallets and time-locked transactions.
