Bitcoin Forum

It's funny that John McAfee is really good in making hypes whatever the product or project he's investing, he'll do everything.

Though I'm impressed with this idea but somehow bothered,

What will be the guarantee that it will be vanish and won't be save in their system. hmmm

Thoughts on this? Anyone?

But isn't it was hacked already? Not once but twice already:

https://techcrunch.com/2018/08/30/john-mcafees-unhackable-bitfi-wallet-got-hacked-again/


And I think this is a old news already. Nothing is unhackable in this crypto verse. Anyone will find a way to exploit systems, just saying, whether your hardware or software attacks.

Soon after McAfee announced the unhackable wallet a team united and hacked the wallet, later it was given some reason from McAfee. As in the quote system exploitation will happen throughout unlike the development. Likewise the loophole is very small, which is very hard to find. For bug fixers it is very simple to rectify, but find it is the difficult task.

Damn you cointelegraph, haha, yeah seems it's last year's news but cointele just published it yesterday, so I thought it is. Sorry for that.

Also found this link and had a face palm. 🤦
https://cointelegraph.com/news/bitfi-closes-wallet-bounty-program-removes-unhackable-from-branding

So the title of this thread should be
 “World’s first unhackable device”

I guess John McAfee will feel the shame because of that news and he will try to find the other way to avoid the news and will say "nothing to be worried, the hack happen is because we are not yet ready to receive any attacking."

Besides that, it just a human creation which cannot always be safe. As you say, someone will try to break the security because of the bigger prizes is waiting for them.
I bet that many people (hackers/coders/IT security) will try to figure out the hole so they can penetrate and get something off the device.

Lol. This is news to me. John Mcafee has seriously messed up his reputation by hyping the shit out of so many coins and tokens in the cryptoverse and is now living with his family running from the government.

Why would anyone vote for someone like that? This guy had everything and I do like how he supports the cryptocurrency market regularly, but hyping stuff up unnecessarily is not helping anyone.

Sounds like a snapchat hardware device where someone will create a screenshot type hack that will capture the private keys in that one second

It does not make sense to have something that can not be hacked in the online world. It may be tight on security, but how any device can be ''unhackable'' ?
Just found it : https://cointelegraph.com/news/unhackable-wallet-reportedly-breached-hackers-claim-to-meet-bounty-conditions , Likely Mcafee silenced them with money.

John McAfee can't feel shame; that's one of the great side effects of being a sociopath. The part of his brain that feels the most human of emotions, like conscience, shame and empathy, is either faulty or missing altogether.

Is McAfee still human? Whenever I see some icos that paid McAfee as advisor, I just feel they already lose the battle, better yet don't invest on that project.

But this guy still stand for his so called unhackable wallet

I think everything can be hacked, especially in the era we are living. And hackers have proven that by hacking probably almost every possible system in the world. If even NASA or FBI or any other institution cannot create a system that is unkackable then I don't think anyone else can.

That's a legitimate question. Technically, he still possesses above-average intelligence, however his prefrontal cortex is underdeveloped, rendering him also possessing the characteristics of a great ape. He claims to have "47 biological children," so if even 1 of these was actually true, then he would indeed be classified as a human because he can still breed with other humans.

Actually it had been hacked several times and then they stopped claiming their wallet Unhackable

Bitfi removes unhackable claim from crypto wallet
https://www.csoonline.com/article/3302363/security/bitfi-removes-unhackable-claim-from-crypto-wallet.html

He didn´t get private key from the device for now.. but he totally changes the software of the device and that is a big problem. Has he received the bug bounty money? :D

A good thing to hear about crypto news that has a good benefit to all crypto enthusiast. It's a good thing that there is a device that is unhackable. But i further think that hackers now are making a way on how to deal with this device or to hack it. But hopefully this would be unhackable.

Bitcoin itself and its private keys would be the ones remaining to be 'unhackable,' if you count brute-forcing as a method of hacking, that is. Certainly, no system devised in this day and age is bulletproof: there will be vectors of attack present in every system no matter how strong or how bulletproof they seem to be. As for the claim of John McAfee, I applaud the man for his works on cybersecurity, but he must also know that he is not a god when it comes to such things.

Exactly, the claim for that has been gone. They can't prove their claim as someone successfully hacked that device, yes this is one of the oldest. And you know what's more?

The one who's able to hack that wallet is just 15 years old by that time named Saleem Rashid.

(https://www.theinquirer.net/inquirer/news/3060878/john-mcafees-bitfit-crypto-wallet-hacked-to-play-doom)

Not only that but Saleem previously hacked or exploited Ledger in 2017. For more of his exploits you can read below. This kid is really a genius.

https://saleemrashid.com/

I don't know if he receives any bounty from Bitfi, however, he turn down the bounty in the Ledger exploit because Ledger wanted a NDA, which he refuses so now he shows everything how it can be done. You can follow everything on his blog and his other exploits as well.

John McAfee at it again. Well am not a security expert, only time will tell if they are telling the truth or not. Maybe they just want to market their product, this time McAfee had to spearhead it. I doubt if there is device that can't be hacked with time, it will only take time. Blockchain is a network and not a device.

Nothing under the sun is said to be unhackable. Security companies have been hacked many times  around the world even the giant of them was hacked, though time is the strength of a hacker because he/she device means of penetration. Have seen series of hack-life and have come to a conclusion that nothing is unhackable except you and your device be ignore .

There is no device that is unhackable it only require time before the security will be broken by hackers, mcafee fails to acknowledge the fact that security protocols is an ever developing aspects of any device and it wrong to boost on you own level of security because give it time and it will be out beaten.

I was attracted to this thread because I saw the topic "World's first unhackable device". I want everyone to have in mind that companies or individual can say anything just to attract investors and popularity to the project. Producing unhackable device is impossible.

Here, I'll show you an "unhackable" device:

https://en.bitcoin.it/w/images/en/6/60/Mnemonic-seed-still-life.jpg (https://en.bitcoin.it/wiki/Seed_phrase)

If by "hacking" you mean the "evil wrong doers from the net" getting to your funds... This device is able to safely keep your private key as seed words (https://en.bitcoin.it/wiki/Seed_phrase) away from the network. Its also air gaped too! Just make sure you store it properly and make a copy by hand to store it in a separate and secure physical place (in case the first place burns down or something).

You can make one yourself by booting from a linux live iso, install Electrum, create a wallet and write the seed words which are unique to you. Then you can copy your public addresses electronically or print them; turn off the pc.

Now you can deposit anything you want to any of those public addresses without any fear of "evil wrong doers from the net". You can verify the deposit using any blockchain explorer online.

Notice that you are not saving the wallet or backing up anything. Your backup are those words, and only those words. They can recreate your wallet at any point later, and you then have access to your funds. That's why they are so important to protect physically and from the view of any electronic devices.

I also thought about that, since the op mentioned that the claim was withdrawn. The behavior of the company does not encourage trust, though, according to another article  (https://cointelegraph.com/news/bitfi-closes-wallet-bounty-program-removes-unhackable-from-branding)on cointelegraph:
As the new article says, however, they are planning to launch another wallet. Perhaps they are now working on the vulnerabilities that led to the previous one being hacked. Returning to the point of being hacked, though, John McAfee explained in a tweet that it was not a hack, but an unsuccessful attempt, since the coins were not stolen. I am not sure what to think of it, it seems hard to understand what exactly happened there, but I am pretty sure they won't make any bounties for hackers with the new wallet  :D

     The Bitfi wallet was just bad. It was nothing but a glorified brainwallet. It would only be as secure as the password that you came up with. We all know that under most circumstances a brainwallet really isn't that secure since any password that a person can remember probably does not have the required entropy. It didn't help that people were also able to easily change the firmware on the device. I'm not certain if this could have been done remotely, though.

Woah so he has his website, thanks for that I'll get to know more him there.

I looked for some relative news articles if Bitfi paid him but it seems that they neglected and denied Saleem's work.

Where does the private keys vanish to? I saw his post on the so called unhackable device. I believed it a little until I saw the part about the private keys vanishing immediately. Meaning it appears atall on the device. So, wouldn't the hackers be able to steal the keys at the "fraction of seconds" they appear?

It is not, and it is an expensive (and shit) "brain wallet". The private key is generated every time you enter your brain wallet phrase. The problem is that the hardware/software is complete shit and it's easily hackable. There are videos where people can easily install custom firmware in just a few steps and show that the hardware is basically an expensive android phone/tablet. It's literally a scam for a quick buck by McAfee .