After spending about fifty hours researching Bitcoin hardware wallets via:
- Product documentation
- Twitter feeds
- YouTube videos
- Podcasts
- Reviews and comparisons
- Considerations of desired features
My conclusion is that:
After spending about fifty hours researching Bitcoin hardware wallets via:
My conclusion is that:
Make it easier to create a wallet by requiring only:
Not BIP-39 with a passphrase and yet
“as secure as BIP39 although much more convenient and user friendly.” ―Bitcoin Glossary#WarpWallet
Interesting idea gone into great detail here.
bitkey is a
Bitcoin Swiss Army Knife in a verifiably secure self-contained Live CD/USB. Supports air-gapped Bitcoin transactions. Makes offline cold storage (slightly more) practical.
Very thoughtful explanation provides tips for reflection on how to manage custodial expectations on yourself and others.
Protect from what? The unrestrained uncultured human mind.
First our own, then others.
If a teacher teaches you everything, then run; you won’t know how to learn.
After being told to do it, face it confront it, survive, then move on to the next one.
The answer is probably #1 radically different than the perfected version that we know and love today, and #2 is very fun to imagine.
Bioenergetics and Life’s Origins is a article on the topic.
One of the most important things that I learned in school was that “A mind is a terrible thing to waste,”
Continue reading “Is a Mind Truly a Terrible Thing to Waste?”
On Sep 20, 2018:
If the attacker needs your 24-word seed and your passphrase, that is a good security mechanism. It means that if somebody finds your 24-word seed lying around, you shouldn’t have it lying around, but if they do find it and it’s not sufficiently physically secured, then brute-forcing it, brute forcing the password, will require either a lot of infrastructure or a lot of time. ―Andreas M. Antonopoulos
A relatively complex passphrase will keep you safe for several weeks, a month. A very strong complex passphrase will keep you safe for months; unless the person is willing to spend a million dollars on hardware to break that passphrase. ―Andreas M. Antonopoulos
TODO: Find out how long it takes today.
How much does it take your Bitcoin wallet?
How much does it take your Non-Bitcoin wallet?
When you install or upgrade software on your computer, try to make it safer.
It only takes a little effort and pays off big rewards in privacy and ease of mind. Although this example is on a Mac, it is general enough to translate to Windows or Linux easily.