How to Recover Your Crypto Wallet

2•MindGTC•3h ago

Billions in crypto have been lost forever — not because of hacks, but because people forgot their seed phrases. Most wallets still say: "That's your fault."

We built a different approach: MindGTC Wallet, a self-custodial wallet that lets you recover your private key without trusting any third party, and without using cloud or servers.

Our approach: • 3 shards using Shamir’s Secret Sharing • 1 shard is downloaded to your phone • 2 are encrypted + stored on IPFS (decentralized) • Recombine any 2 shards with the password you create • Uses Kyber-based post-quantum encryption • Temporal Key Forge (TKF) for dynamic key protection over time

You still control your keys — but you won’t lose your funds because of a mistake.

This is not a pitch. I’m here to gather feedback and discuss the tech.

What are the biggest weaknesses you see in this architecture?

Comments

01HNNWZ0MV43FF•2h ago

So it's one factor and everything is encrypted to your phone?

reify•2h ago

I dont understand all the faffing about keeping private personal stuff, private and secure.

I bought £75 in bitcoin in 2016 for my VPN, when we in the UK were still able to buy bitcoin from Bitcoin ATM's. I now have about £800 in bitcoin. I'm not bothered aout the the bitcoin

Until the government banned them. Its not funny when a government takes your freedoms away.

Anyway, back on topic.

all my bitcoin keys and other personal stuff, the stuff that my family will need when I die, is saved on encrypted USB drives. the password and instructions are kept with my will at the solicitors.

I encrypt my drives using openssl like this:

openssl passwd -6 -salt "salt password" "main password"

openssl passwd -6 -salt iloveHN iloveeveryoneinmyfamily

-6 = SHA512

$6$iloveHN$bbyV6w4JfwmXT6EJsKyd2NOT6mV4xTRU6rzHJplkofBOy3BapBB6gIGmyfniTReBnl30JjGi5nBPrpyoq7jWv.

not my password by the way;

I use that password to encrypt my drives with veracrypt.

I have a few of those kept at family members homes. if one gets lost there are others.

it is always a matter of trust for me. I simple do not trust other people to keep my private stuff safe.

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