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Why can't I just store it in a password protected 7Zip file. What will happen?


You still need to remember a good password, but now you have to worry about keeping track of the file. If you lose either, you lose your coin. Plus 7Zip uses a PBKDF2-like key stretcher, but you're probably better off with scrypt, and you're certainly better off with a composition of PBKDF2 and scrypt.




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