HARDWARE WALLETS

What is the best hardware wallet, and why?

desu they're all pretty shit v1.0 products at this point, but the only one you should ever consider is a ledger nano s. dont bother with their shitty touch screen version, because it still needs a computer to work.

and avoid trezor, its not secure from physical tampering in transit, or from theft.

unironically a piece of paper for it's the most universal medium.

ledger

I don't bother. Crypto is so volatile I prefer to take the risk of keeping it on the exchange so I can make moves with it as fast as possible when needed.

>you're only allowed to post in this thread with a pink/purple id

this only applies if you trade in shitcoins.
>ugly green id
Now get the fuck out.

Not the biggest fan of ledger, but it seems to be reliable enough, and has proven its safeness so far. It's certainly better than a soft wallet and easier than paper

>easier than paper
nobody says your only copy is a paper copy. Have a second offline computer, an usb drive, and sign your transactions offline. All with open standards.
>trusting proprietary 3rd party bullshit
no thanks. You see, security/safety isn't the only issue here. The other is to have a real backup. In the long term. I consider this latter issue much more important and harder to fix, than the firmer.

test

does anyone use multiple hardware devices? Right now I've only got one nano ledger s and keep a little on exchanges to trade but as I begin to cross into six figures crypto gains I'm wondering if I should get a trezor just to split it up for extra safety. Or is a nano ledger s safe enough?

Send them to me I will take care of them for you.

OUT OUT OUT

the backup is the mnemonic, but you need a secure device to generate it offline, and encrypt it, so you can copy it down on paper (no printing, also possibly insecure).

so you either have to buy a brand new laptop and rip out the networking chips, then destroy it after generating your keys, or you can buy a cheap device to do the same thing.

obviously if you don't trust companies like ledger or trezor you don't have any choice, but then you have a lot more hassle.

You have to go back.

the only way to use a trezor safely is part of a multisignature wallet that also uses the ledger.

>so you either have to buy a brand new laptop and rip out the networking chips, then destroy it after generating your keys, or
paranoid much? I mean, that's Stallman levels of paranoid. I'm pretty sure I'm fine with my setup. But okay, I'll let you faggots know if something should go wrong at some point...

its truly a pain to be safe and not have a hardware wallet.

One thing I don't understand is paper wallets. Unless you have a separate non-networked printer (and offline computer, which all cryptos users should have obviously), isn't that just asking to have your shit fucked up?

So are all these people you see printing paper wallets really just sending their private key over their network to a printer? I assume some mean they generated a key offline and copied them by hand, but I've seen a lot of QR code wallets, and that can't be safe right?

yea that's a terrible idea. Your private key should never be on a computer that will ever be online again or a drive that will be put into an online computer. you're gonna get justed and come here posting pink wojacks senpai, i've seen it happen hundreds of times

boot up a throwaway linux from that usb stick with networking disabled. Problem?

Hard wallet certainly is multitudes easier than just keeping the seed offline. I said paper because that's what offline seed usually is calles

Backup is no more of a problem for hard wallets than paper wallets. Only recovery is a bit of a hassle if your device breaks / gets lost

what about generating your MEW on an online computer? since you have to type in your password wouldn't I be compromised if I had a keylogger regardless?

that's like having an offline computer and still just as much of a pain to sign transactions. There's also probably some x files level technology that would let them get from your file system to the usb stick and back (I don't know if this is possible but why risk it when you can spend $60 and save yourself a lot of hassle signing transactions)

yea mew on an online computer is a bad idea. yes they can grab your password with a keylogger plus when you get the js file with your key its on your file system and not safe.

i agree, you're probably fine, i'm just saying if youre paranoid enough to go with a offline laptop instead of a h/w wallet you should probably be paranoid enough to ensure it's fully secure.

maybe, i dont know how it works, so i wouldnt ever try it for real, the issue i'm talking about is printers caching or otherwise storing printed data on the printer itself, which would need to be destroyed.

and fundamentally you shouldnt ever need to print anything out because all you need is a mnemonic which you can even further minimize by just storing the word numbers from the mnemonic list.

the only benefit a printer has is that you might be able to use special ink, but manually laminating it would serve the same purpose, and instead of ink you could use number punches on the paper itself.

you would be with a keylogger or any kind of malware really

right, the only real argument against a

Why do people say Trazor is not as safe as Ledger? I have 100k on a Trezor. Should I worry?

I keep my keystore file on USB sticks encrypted with VeraCrypt with 25+ long character passwords and with the MEW passwords being 25+ chars.

I don't download porn or cracked shit on the laptop I use to trade.

The only people getting joosted are fucktards that fall for phishing and give away their private keys.

>if youre paranoid enough to go with a offline laptop instead of a h/w wallet you should probably be paranoid enough to ensure it's fully secure.
Yeah, but security isn't my main issue, it's reliability, and having a backup. In 50 years too. Hence I prefer the most universal medium. No matter what computers will look like in 50 years, my paper will be usable. And it's cheap to duplicate. To each their own, and as promised, I'll post pink asshats if anything should go wrong, so you'll be warned :D.

They both have had edge vulnerabilities that you can mitigate with good practices and they're both extremely safe and whenever vulnerabilities are found, like the trezor osciliscope one and the ledger man in the middle attack, they're patched.

They're both safe. Just look up the vulnerabilities though okay?

Check this pink

you have a "paper wallet" too when you use a hardware wallet. It's just a matter of convenience really considering all you have to do to be safe when signing transactions from a paper wallet.

it happens to more people than you'd think. You're literally asking to get robbed m8

>The only people getting joosted are fucktards that fall for phishing and give away their private keys.
I tend to agree. Then again, even the best may fall some shitty day. I've seen it happen to geniuinely functional, computer-literate and intelligent members of society (e.g. falling for fishin email, top kek).

yes. My argument is the universality of the medium. Long term. Hence I need a paper copy.

>geniuinely
mhhhhh

Is there something vastly different about storing crypto from anything else financially related? People are talking about offline computers and all that but do you guys implement that same practice for any of your other financial information? I understand crypto is more directly vulnerable but I feel like crypto shouldn't be the only thing that gets this much attention. Banking passwords and information could get you fucked over just as hard IMO.

How do you keep the piece of paper you write the seed on safe?

>Banking passwords and information could get you fucked over just as hard IMO.
I do all my online banking on a third, online, linux machine otherwise used as development environment (while shopping from my main computer). And then its always a 2FA handy bullshit dance anyways. Multiple times per session. So... no problemo.

I don't live in fucking Mexico. :) But yes, at some point I might wanna store my "documents" somewhere more safe. For now security by obscurity will do just fine (my room's a mess). And the backup is safe enough.

...

nice try

banking you at least have the potential of some kind of recourse if you get hacked plus with the unknown IP shit, 2fa, there are layers of protection. crypto has none of that. if you leave your keys exposed or in your file system for any amount of time you're fucked and there is no chance of recourse.

Anyone know - i got a second trezor - if i enter my seed will it become a copy of my first

This way i have a backup

Carve your encryption keys into a diamond in letters that require a microscope to see. Implant the diamond under your skin.

It's a trade off

Probably best to use a
- offline storage for long term investment/savings for security. Keep multiple copies of the private key on multiple physical locations
- hardware key for everyday use. less secure but more user friendly

Then transfer assets between accounts like it were a checking and savings account