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/biz/ - Business & Finance


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52349568 No.52349568 [Reply] [Original]

Show me your hardware wallets /biz/! You do use one right? You don’t keep “your” coins on an exchange like Bankman’s goyslaves did r-right? What’s your preference? You use DeFi or stick to BTC only firmware? And remember! Only buy from the official store to avoid scammers!!!!

>> No.52349590
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52349590

>>52349568
There's a hair on your keystone bre.
Let me get that for you

>> No.52349635

>>52349590
ty

>> No.52349768
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52349768

>> No.52350042

If I hypothetically just assembled a brand new PC the other day and then hypothetically wrote a certain unique phrase into a text document for 5 minutes and then deleted the text file after I was done, is that okay?
There is no text file on my computer that contains any such password, but it was written down for a few minutes before being deleted while I wrote it down.
Am I fucked? Probably going to buy a second wallet anyway.

>> No.52350222

>>52350042
It's obviously not best practice, but you are 99.99% going to be fine.
Still it will probably give you a much better feeling to have everything on a wallet that was never typed out anywhere else but the device.

>> No.52350611

>>52350222
Thanks brother, I figured it'd be fine it's just because i am temporarily using a folding table until I get a desk, so my pc is in a very inconvenient spot to keep reaching down to look at the word # every time, so I thought "fuck it I'll just jot it down in notepad for a minute" and then deleted it but I've been worried ever since.
Think I'll get another wallet, move my funds, then format the first wallet and use it as a backup for the second one.
Cheers brother you've calmed my nerves a lot.

>> No.52350824

>>52349568
I don't believe you own this. Post your seed phrases as well so we can confirm the addresses

>> No.52350888

>>52350611
>my pc is in a very inconvenient spot to keep reaching down to look at the word # every time
what do you mean? why do you have to reach down somewhere when generating the wallet?

>> No.52350910

>>52349568
i use a wallet on my phone. exodus i think its called

>> No.52351014

Deleting a file doesn't really delete it from memory, that's why deleting a file takes no time while copying takes much longer.

>> No.52351017

>>52350888
I mean when I tested my words to ensure I wrote them down correctly. My desktop application instructed me to look at the wallet for each word, in a random order. The cable was only like 3 inches long too so It was just generally a huge pain in the ass but it feel very good to have a wallet.

>> No.52351045

>>52351014
If it was never even saved to begin with though, then it's fine surely. I don't think individual keystrokes are stored in memory beyond maybe the active session you're in.

>> No.52351104

Why wouldn't you just buy and store gold/silver if you wanted physical possession of your wealth? I feel like the benefits of bitcoin being a digital commodity is wasted if it's stored on a single device locked in a safe or something. Especially when you can lend and earn interest of it.

>> No.52351107

>>52351017
ah I see...
well you could have taken on the inconvenience, if it was really that important to you as it now seems to be.

>> No.52351129

>>52349568
hardware wallets are cuck as fuck and potentially malicious. paper (or metal engraved) wallet which you only bring online through offline qubes w/ libreboot is the based way to use crypto.

>> No.52351155

>>52350042
if this is an issue go generate a new wallet (OFFLINE!) and send your coins there. no worries after. Price? The transaction fee.

>> No.52351164

>>52351129
This 100%. Learn how to create wallets and sign offline.

>> No.52351182
File: 91 KB, 900x1212, dc7133520a0661b15236b988d6897595.jpg [View same] [iqdb] [saucenao] [google]
52351182

>>52349568
faggots

>> No.52351201

>>52351104
The coins aren't "on the device".
The hardware wallet just holds the private key, but you don't rely on that specific device.
As long as you have your seedphrase somewhere (paper, metal, your head, one place / split among multiple places), you can restore the key again on any other device and use that to sign transactions.

It's something that truly can't be taken away by """legal""" means. (someone can of course always break in and beat you until you tell them how to access your funds, but legal entities aren't able to do anything)

>> No.52351223

>>52350042
>>52350611

If this happens again, and you want a digital copy of your phrase, just take a photo of it with a digital camera.

The sd card now contains a picture of your phrase in digital form. A good SD card is extremely robust and can be run over, submerged in water, among other things, and still open its files. If you need to ever read your phrase and need to use the digital version on the SD card, just put it back into a camera that isn't connected to the internet.

Whala!

>> No.52351224

>>52351182
>>52351164
>>52351129
>>52351104
Absolute lowest IQ boomers imaginable

>> No.52351232

>>52351107
Well that's just detail now, at the time I was just thinking there'd be no issue on a totally fresh pc if the text never even got saved. Just typed out, then deleted. It's only now that it's been a couple of days that I've got a worry in the back of my mind since I'm a based paranoid Schizo.
What would have been great is a cable longer than 5 inches kek, my fucking back hurt having to crunch down to look at the wallet every few seconds. Plus I failed the test twice in a row so I kept having to do it.
If you have a wife, don't set up a hardware wallet while she's cooking dinner and being chatty, not good for sensitive tasks that require focus.

>> No.52351270

>>52351201
Derivation pathways are pretty sweet for that, and it's honestly pretty wild how it works. So long as the wallet/software you input your phrase into is compatible with your phrase method (words, numbers...) then any wallet will by able to access all the same tokens you placed on your hardware wallet.

That being said, when you move your tokens from an exchange to your hardware wallet. Where are they being moved to, if not in the wallet itself? Are they placed "on the blockchain" in this instance?

>> No.52351301

>>52351223
Or a freshly formatted USB with a plain text file that has nothing else on it. Is that enough of an air gap? I was thinking about doing that and having it encrypted.
Is Kleopatra pgp still a thing? I had to use that back in 2010 when I was buying things from a certain dark corner of the web.

>> No.52351417

>>52351270
sorry if I may not explain things 100% accurate, but yes, the assets are moved to another address (public key) on chain.
Remember that your wallet doesn't have to be connected to receive assets.
It's just when you want to do something with the assets on addresses of your public key, that the wallet (private key) becomes relevant.
The PC (which doesnt have the private key) creates a transaction, sends it via the USB cable to the wallet, you then verify the data (recipient, amount, etc) on the hw wallets display and press some button to confirm it.
The hw wallet then signs the transaction and sends it back to the PC, which will then broadcast the now valid transaction for any block producer to pick it up and include it in a future block.

The whole point with a hw wallet is just, that there is a gap between the internet-connected device and the device holding the key. Your PC could be full of viruses and keyloggers and there would be simply nothing on there to steal.

>> No.52351486
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52351486

>>52349568
I manage all my assets on a browser extension, yes

>> No.52351743
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52351743

>>52349568
Feature phone Nokia blocks your path and sign your PSBT

>> No.52351973

Anybody have a coupon code for Ledger or any other hardware wallets?
I have $150k in BTC and ETH that I wanna pull off Gemini. I've trusted them for years but I can't take any chances after this FTX fuckup.

>> No.52352137

>>52351973
You have a 150k but want a coupon code for a $120 wallet lmao

>> No.52352178

>>52350611
You don't need new hardware. Here's what you want to do to bring peace to your paranoid schizo mind:
1) write your seed phrase on paper, double check it's correct (you should've already done this)
2) factory reset your HW. If you do this without doing step 1 you'll lose all your funds (sorry for making this retard proof)
3) create a new seed with HW. Go through the normal initial process.
4) write down this seed phrase. It's going to be your main wallet from now on so make sure it's correct and secure. Unless you know exactly how to properly airgap, don't use anything digital, only analog like paper/metal. Store it safe from theft and other physical force, water, fire, effects of time like corrosion or bad ink/paper, amnesia (no memorizing passwords or self made cryptography/ciphers), malware (analog or airgapped offline) and social engineering attacks (scams, don't fall for them). This step is starting to get a bit long, just store the seed phrase the best way possible.
5) copy an address of this new seed. Double/triple check it's correct.
5) factory reset again
6) restore with your old wallet seed that's written in the paper (in step 1)
7) send your funds to the address of step 5. Double/triple check the address. Don't send airdropped scam tokens/NFTs, they will drain your wallet if you don't know what you're signing.
8) factory reset
9) restore with step 4 seed phrase
10) you're done, save the step 1 seed phrase just in case
Do all of this in one sitting without interruptions. If you don't fully understand this process, the risk of doing this is probably higher than just sticking with your old seed that touched the notepad.

>> No.52352255

>>52352178
Wait, so I send my funds to the device after I factory reset it as mentioned in step 5?

>> No.52352293

>>52352137
I make almost $200k a year. I'm just a cheapass that loves a good deal. Fuck off lol

>> No.52352415

>>52352293
Teach me your ways anon

>> No.52352435

>>52352255
Yes you send the funds between two wallets created by the device. I don't know if your wallet can hold multiple keys at the same time but most can't so you'll have to factory reset to access between new/old wallet. Here's the state of the device through the process: old wallet (currently) -> factory reset -> new wallet (to get new address) -> factory reset -> restore to old wallet (to send funds)-> factory reset -> restore to new wallet (ready for future use). Looks like I put step 5 twice, of course the second "5" is a next step, let's call it 5.2.

>> No.52352471

>>52349568
I hypothetically just have a cold wallet. No need to pay money for a hardware wallet that can just shit the bed at any time, I store my seed phrase in a few locations.
I just have my ~1 btc that I mined back in the day. nothing huge. but i still don't trust some $50 computer on a stick.

>> No.52352498
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52352498

It's a pain in the ass. I have my 20k on crypto.com. If I lose it all so be it. It's not like I'm gonna become rich.

>> No.52352510

>>52352178
>>52352255
>double check it's correct
just to chime in,
good practice is to immediately reset a newly generated wallet again and input the same seedphrase again to make sure you actually wrote it down correctly.
Alternatively there are also recovery check apps you can use on a Trezor or Ledger, where you can type it in again without resetting, and the device will tell you if it matches the currently used key.

>> No.52352572

>>52352293
Not your keys not your coins retard

>> No.52352576

>>52352471
When the day comes you want to move that 1 BTC, you'll have to use a computer of some sort to sign a transaction. How will you do it or haven't you even thought about it yet?
>>52352510
Yes, this is good practice.

>> No.52352582
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52352582

>>52352415
>high paying career and working an extra 8 hours per week
>staking ETH and RPL
>paid online and in-person consumer/professional surveys
>churning credit card and bank account intro bonuses
>fast food app discounts
>spending as little on my gf as possible
I could write a book

>> No.52352618

>>52352415
ill do it
for money

>> No.52352747

>>52352576
Clearly I own computers, yes. I'll use my wallet software and just send the bitcoin as I have before.
If I'm really scared of my PC being infected somehow I'll download the wallet software in a burner VM. Not much to it man.

>> No.52354715

>>52352510
>recovery check apps
This is what I was doing when I kept having to hunch down beneath a table. If I checked it using this functionality then surely that's just as good as factory resetting and then doing it that way, right?

>> No.52354758

>>52349568
my hardware wallet is a piece of a4 paper inside a glasses case thats currently inside my wardrobe

>> No.52355508

>>52352582
>spending as little on my gf as possible
how do i do this without losing her lmao
bloody money pit atm

>> No.52355598

>>52350611
Paper and pen not an option? Can't you just generate a new seed phrase and use a hot wallet while doing so?

>> No.52355612
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52355612

>>52350042
no worries anon, give me your drive and ill bootup to a linux live cd and use testdisk to recover that file for you!!!

>> No.52355664

>>52351129
Thisz I have a paper wallet, and don't understand the need for hardware wallets.

>> No.52355701
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52355701

>>52354758
Look outside your window right now

>> No.52355863

My keys been locked away for years and honestly I would have to relearn how to even use it at this point

>> No.52356401

>>52349568
I literally have none of those things, I even have dext bags
but I just don't trust in hardware too much, bad experiences putting that together with money

>> No.52357813

Paper wallets are for low IQ boomers who will never make it. You can’t make money without using DeFi.

>> No.52357842

>>52357813
>muh defi
>just move around useless tokens printed out of thin air
>uniswap rug stats: ~98%
>bnb rug stats >99%
>farming is a glorified ponzi
>yields are just inflation
sounds like a lot of effort to lose money
just fucking buy BTC

>> No.52357847

>>52349568
redpill me on keystone

>> No.52357859

What hardware Wallet would you recommend? Is the trezor model one enough? I dont like ledger

Anyone got a ellipal?

>> No.52357865

>>52357842
Correct you will never make it because you’re a fucking retard.
>just buy BTC
This won’t make you rich. DeFi and alts will boomer. It’s not 2013 anymore now Kys.
>>52357847
>100% airgapped
>open source firmware
>secure element
>works with Metamask to support DeFi
>BTC only firmware if you’re a low IQ boomer
Only con is it can’t store Monero

>> No.52357878

>>52357859
Trezor One is good but T is better for alts and XMR

>> No.52357901

>>52357865
ty hardwarebro
I've been on a model T for a long while now but I would like something maybe a bit larger. Although I am very satisfied with the model T, and trezor as a company.
Have you ever used a grid plus? That's another one I've been looking at.

>> No.52357923
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52357923

>>52350888
>what do you mean? why do you have to reach down somewhere when generating the wallet?
Not everyone plays by the rules of common normality

Think outside the box, then get back in it, then step outside of it again. 9 dimensional visions will show you the higher planes of understanding the fundamental nature and truth of existence, the very fabric of being.

>> No.52357945

>>52351045
>If it was never even saved to begin with though, then it's fine surely
Quite a few applications will store it as a temporary file anyway. Just format and reinstall the pc if you're really worried. The chances of someone actually managing to find and access it are already slim. And unless you titled it something like "coinbase login details.png", they probably wouldn't even know what it is anyway.

>> No.52357962

>>52351104
>Why wouldn't you just buy and store gold/silver if you wanted physical possession of your wealth? I feel like the benefits of bitcoin being a digital commodity is wasted if it's stored on a single device locked in a safe or something.
But having a pile of silver and gold coins in a treasure chest on your desk is a much better plan? A burglar would literally spontaneously coom when they emptied that out. Its like their wet dream cooming true, a literal box of treasure... to steal.

>> No.52357964

>>52357878
XMR is definitly a reason for the T, didnt see that

>> No.52357975

>>52357901
I have not, sorry
Another benefit of keystone I forgot is that it has a companion app so can be used on the go

>> No.52357977

>>52351129
>metal engraved) wallet
Just buy a 100mm x 100mm sample of stainless steel sheet from ebay for 99 pence and a letter/number punch kit for £7 and punch that b'yitch in

>> No.52358000

>>52351232
>What would have been great is a cable longer than 5 inches kek, my fucking back hurt having to crunch down to look at the wallet every few seconds. Plus I failed the test twice in a row so I kept having to do it.
You can buy gigantic usb cables for a couple of bucks on ebay.

>If you have a wife, don't set up a hardware wallet while she's cooking dinner and being chatty, not good for sensitive tasks that require focus.
That's just the global, don't do anything of importance while they're chatting gibberish, rule of thumb.

>> No.52358039

>>52349568
What about trustwallet and metamask?

>> No.52358052

>>52357975
>it has a companion app so can be used on the go
that is actually very interesting, I would be interested in that functionality. Thanks dude.

>> No.52358152

>>52355664
how do you generate addresses and sign transactions?
>>52354715
yes
>>52358039
what about them? Doesn't matter what software wallet, they all have the same downside of storing your key on an everyday-use device.

>> No.52358186

>>52351973
if you only need btc and eth installed than just buy the ledger Nano s, you can still get them for $70 from best buy

>> No.52358395

>>52357813
hardware wallets were literally designed because most people are too low iq to use secure hardware. so people made supply-chain compromisable, non-airgapped (usb, bluetooth, sd-card), commodity devices for normies to use.

it's no surprise exchanges, custodians, or those with high net worth aren't using retail-quality wallets.

>> No.52358644
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52358644

>>52358039
Non-custodial wallets are fine by me. I have no issues at all storing some sol, ada, and xrp on the xpress app. I also use TW.

>> No.52358699

>>52349568
What is the point of these things when pen and paper exists?

>> No.52358863

>>52355508
My gf knows I'm a much bigger catch than she is. She's running out of time and hoping we'll get married.
>>52358186
That's the one I might get. I just wanted a 10% discount or something.

>> No.52359043

>>52358699
do you do the calculations to sign your transaction with pen and paper?

>> No.52359200

>>52355612
Please sirs do not do the redeem

>> No.52359589

>>52349768
kek, whatcha drinkin'?

>> No.52359854
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52359854

picked up one of these, mainly bc i actually use my bitcoin to settle balances among friends, and the QR system makes it way easier than the typical SD card or usb + desktop system

>> No.52359864
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52359864

why keep my wallet on something conspicuous like that rather than just on my laptop?

>> No.52359897

>>52351301
Veracrypt partition on the USB and you're good

>> No.52359978
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52359978

>>52359589
got gifted a bottle of this Indian whisky

>> No.52359993

>>52349568
I keep the seed in my balls as God intended

>> No.52360004

>>52349568
I feel sorry for you OP, you fell for the hardware wallet scam, instead of trusting an exchange you trust another third party, a hardware manufacturer with your valuable coins.
And what will you do when these stop working after 10 years, like a HDDs or a USB sticks do. How will you access your coins then?

There is a 3rd option you know,
write the keys down and hide it, it's also free.

>> No.52360063
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52360063

>>52360004
>implying anyone should fucking trust exchanges lmao.

Just back up your shit. Persistent storage is a thing. This is why bitcoin and Monero are not for normies. You retards understand nothing

>> No.52360066

>>52359864
t's to securely hold your private key. You can then link it and use it together with pretty much any worthwhile wallet software.
>>52360004
>And what will you do when these stop working
You don't rely on one specific device. I could throw out my hw wallet right now and could still restore the key on any other or even in software.
>write the keys down and hide it, it's also free
until you want to securely generate an address or make a transaction

>> No.52360130

>>52360066
If after throwing out the wallet you can still get to the key than what value is the hardware wallet?
just another point of failure

>> No.52360199

>>52360130
The point is that you don't have to type in your seedphrase on your PC, where any kind of malicious software could grab the private key.
also regarding
>write the keys down and hide it, it's also free
of course you'd do that with a hw wallet as well. The difference is just, that those words never existed in an unsecure environment with a hw wallet.

You could also use some kind of encrypted laptop, that is not on your network and that you only use for signing transactions, but a small dedicated device makes this more convenient.

>> No.52361745

>>52360130
you're mostly there

yes, the most secure way is just using some computer that has no way to talk to the internet or anything else, but most people don't have the iq or time and so they use a hardware wallet instead.

>> No.52363049

>>52349568
why not a software wallet?

>> No.52363088

>>52355612
DO NOT REDEEM THE BITCOINS SIR

>> No.52363157

>>52349568
I keep my pees in the center of the protocol on the nns internal wallet. Safest place in the world to keep them- tucked away inside the protocol on an incredibly decentralized server structure- no need for hardware wallets

>> No.52363209

>>52363049
This.
Also are mobile wallets safe or I should keep using the desktop one

>> No.52363449

>>52363209
i guess the fear is getting hacked but should be fine if you use linux
i wouldn't trust mobile wallets unless you only keep small amounts in them

>> No.52363947

>>52363209
ios mobile wallets are probably more secure than desktop wallets, android ones are equally or less secure than desktop wallets.

but if your hardware itself isn't isolated properly like >>52351129 then it doesn't make much difference. it's all insecure.

>> No.52364137

>>52363209
keeping your key on a desktop or on mobile is equally unscure
>>52363449
I mean the chance of somehow getting some malicious software on your PC is quite low, but imo it's significant enough if you take the span of 1-2 decades and possibly risking 6 figures.
Ironically, the ones who are most in the need for a hardware wallet are probably more on the technologically illiterate end and less likely to use one.
Usually if you know not to run random executables and not fall for jeet phishing attempts, there likely won't be a case where something bad ever finds its way on your machine.

>> No.52364230

so guys do you know any multi-currency mobile shitcoin wallet that is not only non-custodial, but you can also export the private keys?

idgaf about shitcoins enough to buy a hardware wallet but this is a stupid time to stay on exchanges.

>> No.52364252

>>52364230
btw i'm really looking at guarda but that shit is not open source.

>> No.52364386

>>52349568
Ngrave ZERO wallet. completely offline and secure. I've been using mine for more than a year now and very happy. www.ngrave.io

>> No.52364461

>>52364386
Is the online device necessarily required to have a camera to scan back the signed transaction?

>> No.52364896

>>52349568
>>52357847
>>52357975
>>52359854
I don't have one yet, but I like the Keystone and the Foundation Passport.

They use QR codes instead of wired connections or clunky SD cards, and they aren't reliant on a specific client app (i.e. you can use them with Electrum).
My only other requirement, passphrase support (for decoy wallets) seem to be supported by both as well.

Foundation Passport seems too expensive though, too bad since I prefer the "dumbphone" form factor. l over the generic touch screen smartphone look.

>> No.52365031

none of the shitcoin enabled wallets tick all the boxes. would have to be
[ ] completely opensource
[ ] fully non-custodial
[ ] well documented key generation
[ ] no dependence on any server or api for transactions
[ ] ability to back up and import individual private keys

>> No.52365122

>>52364896
seedsigner diy can do all the same shit and for a tiny fraction of the price. too bad they can't do reproducible builds.

>> No.52365310

>>52349568
serious question, why have multiple hw wallets, is it to spread risk or do they have limited capability, i.e. can only store certain blockchains.

>> No.52366160

>>52365310
One is enough, if you have the one you want.
But maybe you later realize that it doesn't support a specific chain or you want a feature only available on another one like communication via Bluetooth or via QR scanning

>> No.52366565
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52366565

Guess what token I hold