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The Pilot

Updated: 20 hours ago

Soaring High with Cloud Security and Splitcoin


Introduction


In the vast digital expanse, the Pilot Strategy emerges as a beacon for those who wish to marry the boundless potential of cloud storage with the cryptographic might of Splitcoin. Just as pilots navigate through the skies, this strategy maneuvers through the digital clouds, ensuring that your assets are not just secure, but also easily accessible, no matter where the winds might take you.



The Pilot Ethos


A pilot's life is filled with journeys, transitions, and the exhilaration of new horizons. Their values mirror the needs of many modern-day digital nomads and professionals who value ubiquitous access. It's not just about storing; it's about accessing, and doing so seamlessly.


What Is Needed


Below is everything you will need to follow this storage strategy:

  • 1 pack of Splitcoins or Splitcoin Tags

  • 1 smartphone with the Splitcoin app

  • 1 magnet vault (included with your pack of Splitcoins)

  • 2-8 cloud storage accounts on various platforms


Navigating the Pilot Strategy with Splitcoin


1. Splitcoin in the Clouds: Begin by converting your Splitcoins into QR codes. The digital nature of QR codes aligns perfectly with cloud storage. Each QR code represents a fragment of your vault key, and diversifying their locations are crucial.


2. Diverse Cloud Platforms: Think of each cloud platform as a different airport. By placing each Splitcoin QR code on a different cloud account, you’re dispersing your risk. For a set of two - Google Drive might host Coin 1, Dropbox might host Coin 2, and Microsoft OneDrive a backup of Coin 1, and iCloud a backup of Coin 2. This distribution ensures that even if one platform faces issues, the others remain unaffected.


3. Access & Recovery: Centralize the recoverability of these accounts. Link them to a primary email and, importantly, to your phone number. This ensures that even if you forget a password, a quick SMS can bring you right back on track. Always opt for two-factor authentication (2FA) for that extra layer of security.


4. Offline Password Storage: In a strategy where most things are digital, your password remains decidedly tactile. Write it down on your password magnet included in your pack of Splitcoins. This use of the digital and the tangible brings forth a balance, ensuring that not all your security measures are being stored digitally.


5. Encrypted Seed Phrase: Your encrypted seed phrase is the backbone of your digital assets. The Pilot Strategy suggests recording it on a physical medium, such as the seed phrase magnet included with your pack of Splitcoins.


Implementing the Pilot Strategy with Splitcoin


Getting Started

Prerequisite: Before you get started with implementing the Pilot strategy, you should make sure you have read the blog post Getting Started with Storage. It covers the basics of storage schemes and a high level view of how Splitcoin works when it comes to storage.


Step 1: Run the Create Vault Process

If you made it this far, then you probably already completed this step! Now you should have a set of Splitcoins, a password, and a seed vault (your encrypted seed phrase) to manage. Follow the rest of these steps to implement The Pilot strategy.


Step 2: Store Your Splitcoin QR Codes

  1. Initiate the 'Export To QR' feature within the Splitcoin app to generate QR codes from your Splitcoins.

  2. Methodically capture a screenshot of each individual QR code generated by the app.

  3. Centralize the recoverability of these accounts and make sure to use 2FA.

  4. Store the QR codes on each of your cloud accounts. You should use backups in case one service goes down.


Step 3: Store the Seed Vault (Encrypted Seed Phrase)

This is the vault for your digital assets. The Pilot strategy suggests recording it on a physical medium, such as the seed phrase magnet included with your pack of Splitcoins. Place it in a location you can access in the future.


Step 4: Safekeeping the Password

Like the key to your plane, your password is vital to starting your recovery engine. Keep it secure. The Pilot strategy suggests writing it down on your password magnet included in your pack of Splitcoins.

Optional: If you plan on keeping your encrypted seed phrase hidden, you can store your password with it as well. The password does not allow someone to decrypt your encrypted seed phrase by itself. All of your Splitcoins would still be needed to do this.


Step 5: Make a Backup

Having a backup is essential in the unfortunate situation that something happens to one or more of your coins. At this point you already have a set of Splitcoins ready to be stored somewhere. Consider implementing a secondary strategy for your backup set.


Strengths of the Pilot Strategy


1. Ubiquitous Access: Whether you're in Tokyo, Toronto, or Timbuktu, the recovery of your seed phrase is just a few clicks away. Such accessibility is especially vital for those with a dynamic lifestyle.


2. Layered Security: With each QR code on a separate platform, the security is layered. Even if a vulnerability emerges in one platform, your assets remain inaccessible to a thief.


3. The Power of 2FA: Two-factor authentication acts as an additional checkpoint. Even if someone does gain unauthorized access, the 2FA can often stop them in their tracks.


Navigating Potential Challenges


1. Internet Dependency: This strategy is heavily reliant on internet access. Ensure you’re often in locations with stable connectivity.


2. Remembering Platforms: With multiple platforms in play, maintaining a discreet list of where each QR code is stored can be beneficial.


3. Password Security: Given that the password is offline, ensure it's kept in a safe location.


Conclusion


The Pilot Strategy, much like the profession it's named after, is about vision, foresight, and navigation. By leveraging the cloud, it takes Splitcoin's promise of security to new heights, ensuring that your digital wealth is not anchored but free-floating, ready to be accessed at your convenience.


However, as with all flights, it's essential to keep an eye on the instruments - in this case, the various accounts and the offline password. Regular checks, updates, and perhaps even periodic migrations can ensure that your journey with Splitcoin is not just safe, but also serene.


As you soar through the clouds of digital storage, let the Pilot Strategy be your co-pilot, guiding, safeguarding, and ensuring that your treasures, though in the digital ether, remain firmly within your grasp.

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