Charles recently shared some details on improvements to the IOG dApp wallet Lace, including a new feature for PGP encryption of paper wallets.
One of the coolest features of Lace is the PGP encryption of paper wallets. This means I can use pretty much any medium as a backup of my wallet once I have encrypted it.
— Charles Hoskinson (@IOHK_Charles) January 31, 2025
Allow me to be the first person to use X as a place to store my paper wallet backup. pic.twitter.com/qp9zoj8B1V
This feature means that wallets can be easily stored safely online as well, something that Charles demonstrated by placing a wallet backup in the post on X.
Of course you still need to make sure you securely store your PGP key, but given there is no link to the wallet concerned it provides a valuable additional security layer even if you aren’t using public online backup!