Bitcoin Reddit

More / Bitcoin Reddit - 2 years ago

Daily Discussion, May 18, 2023

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...

More / Bitcoin Reddit - 2 years ago

Who is the authority about wallets?

And I mean, Satoshi had this forum with 'tons' (maybe not) of users double checking everything. Here in this sub, we don't have that 'quality'. Is there a group of trusted people who review these topics? How can we all agree btc i...

More / Bitcoin Reddit - 2 years ago

Replacing my ledger, what should I get?

So with the recent BS with ledger I am forced to make the change from my nano x. Here is what I am mainly looking for in a hardware wallet: I’d like an iOS app which is why I chose the nano x over a trezor in the first place. Having a ui like ledger...

More / Bitcoin Reddit - 2 years ago

Learn from my costly mistake

It's disheartening to admit that I recently lost over $30k in BTC, and you might assume it was due to a sophisticated hack or a cunning phishing scam. However, the truth is far more devastating. I unintentionally discarded the diary where I had r...

More / Bitcoin Reddit - 2 years ago

Ledger's Bold Face Lie

2022: A firmware update cannot extract the private keys 2023: It has always been possible to write firmware that facilitates key extraction. submitted by /u/dylan6091 [link] [comments]

More / Bitcoin Reddit - 2 years ago

Ledger and hardware wallets - here are the facts

First some basics for Ledger: Secure Element: The secure element is not an unbreachable storage chip, it is in fact a little computer. This computer is secured in a way that it enabled confidential computing. This means that no physical outside attac...

More / Bitcoin Reddit - 2 years ago

FYI, it's theoretically possible to write firmware that extracts the seed phrase from all current cold wallet models with a secure chip, BitBox02 included. The only difference between Bitbox02 and Ledger S Plus is open source vs closed source.

So after a lengthy research it seems that there's not a single "cold wallet" that can't be modified with a firmware upgrade to provide its seed phrase from its secure chip. This so called secure chip on whichever device is not some...