TIL- The Winklevoss private keys are stored on 3 “shards”, which are spread across 12 safety deposits boxes, located in banking institutions that span 4 time zones in the US…

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TIL- The Winklevoss private keys are stored on 3 “shards”, which are spread across 12 safety deposits boxes, located in banking institutions that span 4 time zones in the US…

According to Ben Mezrich’s biographical novel “Bitcoin Millionaires”, which chronicles the Winklevoss twins story…

The twins split their private key into 3 shards – referred to as “alpha”, “beta”, and “Charlie”. Which were then stored in fireproof / waterproof envelopes, and stashed in unassuming banks.

To ensure that a natural disaster does not wipe-out one/more of the ‘shards’, they duplicated the process 4 times, in 4 separate time zones for redundancy.

To all you hodl’ers, take lesson from 2 of the richest BTC investors in the world. PROTECT YOUR KEYS!

submitted by /u/BradlyL
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