A 12 or 24-word recovery seed is the key to your cryptocurrency wallet. That’s why, upon creating it, you’re prompted to write it down and store it in a safe place. But what if you didn’t have to write it down? What if there was a virtually failsafe means of committing those words to memory, enabling you to recall them at a moment’s notice? As it happens, there is. It’s called a memory palace and, with a little practice, it provides an effective means of developing an unforgettable wallet seed.
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Build a Memory Palace and Lock Your Crypto Away from Fire and Thieves
The technique can be used to memorize extremely long numbers and phrases. In 2005, Lu Chao, for example, recited pi to 67,890 places. Memorizing a 12 or 24-word seed, in comparison, should be child’s play, and it doesn’t call for incredible mental athleticism. Even if you’re the sort of person who struggles to recall where you left your keys and constantly forgets birthdays, committing a dozen words to memory should be within your grasp thanks to the highly visual technique involved.
How to Create a Memory Palace
The title of Joshua Foer’s book – Moonwalking with Einstein – is a reference to one of the bizarre mental images he used as part of his mental journey to stash and then later retrieve a particular item. The more unusual the image you conjure, the better your chances of recalling it when required. As an example of how this might work in practice, let’s take the 12-word wallet seed cited on Bitcoin Wiki: witch collapse practice feed shame open despair creek road again ice least.
The particular ‘palace’ we’ll choose for this exercise is your childhood home. Picture it in your head: the color of the front door; the scent of the hallway; the layout of the rooms. Now, with that imagery at the forefront of your mind, prepare to revisit your home with your wallet seed in tow:
That’s a pretty dumb story, but if you were to run through it enough times while visualizing your childhood home, there’s a good chance you’d be able to commit it to memory and keep it there. Of course, that’s not the only possible setting for your memory palace; you could choose the route of the paper round you used to cycle, a former workplace, favorite art gallery, or friend’s home. So long as it’s a place you know intimately, and the prompts you lay down as you traverse that ‘palace’ are as quirky as possible, you should have no trouble recalling them.
Why Use a Memory Palace?
Do you think a memory palace is an effective way of recalling a wallet seed, or is the risk of forgetting it too high? Let us know in the comments section below.
Images courtesy of Shutterstock, and Keepkey.
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Source: Bitcoin.com