|
Title: Secure bitcoin private key storage for your pocket Post by: matonis on December 13, 2011, 05:27:36 AM http://www.kickstarter.com/projects/crypteks/crypteks-usbtm-encrypted-and-lockable-usb-solution
http://www.crypteks.com -multiple private keys (no limit) -good for off-network bitcoin transactions too Title: Re: Secure bitcoin private key storage for your pocket Post by: CIYAM on December 13, 2011, 05:40:42 AM The idea sounds great, however, I read this on their Kickstarter page:
Quote Besides offering all of our Kickstarter backers access to the Crypteks™ password management system; we will be offering a "ring-change" service for anyone that may have accidentally forgotten their mechanical pass-code. which seems to me like they have left a "back-door". ??? Cheers, Ian. Title: Re: Secure bitcoin private key storage for your pocket Post by: matonis on December 13, 2011, 05:58:29 AM The idea sounds great, however, I read this on their Kickstarter page: Quote Besides offering all of our Kickstarter backers access to the Crypteks™ password management system; we will be offering a "ring-change" service for anyone that may have accidentally forgotten their mechanical pass-code. Ian, my understanding is that the "ring-change" service is for the outer shell, not the encryption password for the USB data. Futhermore, the use of the password management system is optional. From the Crypteks page: "No way! Thankfully NO ONE can reset your encryption password! Deciphering 256-bit AES encryption is a monumental task! (That's why we love it!). We recommend using and updating your personal Crypteks™ password management system account anytime you get a chance to change your password! We will be encrypting the entire engine and even we will not be able to view your stored information!" Title: Re: Secure bitcoin private key storage for your pocket Post by: Revalin on December 13, 2011, 06:16:04 AM The lock is silly. It doesn't do anything to prevent the device from being stolen. Once it's stolen, it's not hard to open the thing. I'd bet I could expose the USB connector in two minutes or less given any of a bandsaw, mill, dremel, angle grinder... Give me five minutes if all I have is a hacksaw. It's aluminum.
As for the crypto... I worry about anything that has a "Forgot password" field. Actually, I worry whenever someone tries to tell me they've made crypto better in any way; it's always snake oil. Why would I ever put my trust in this thing instead of TrueCrypt or GPG? Sorry to be a downer, but I'm tired of seeing bad security dressed up in hype. Title: Re: Secure bitcoin private key storage for your pocket Post by: ovidiusoft on December 13, 2011, 08:43:51 AM Well, the outer lock is no security, and I trust the open source encryption software more than their hardware AES who could save all keys in plaintext, for all I know. But the thing looks so cool, I want one! Black, keychain latch, pronto! :)
Title: Re: Secure bitcoin private key storage for your pocket Post by: marcus_of_augustus on December 13, 2011, 08:45:05 AM Looks cool. Lock has at least one use case I can think of but do not want to state here.
Wonder if you could swallow the thing in a hurry? .... nice and round for the exit at least. Title: Re: Secure bitcoin private key storage for your pocket Post by: Revalin on December 14, 2011, 03:41:33 AM It does look cool, but not $160 of cool. But that's just me.
1.1" x 3.1" ... I've swallowed bigger, but I'm sure you could find something smaller to bury your stash. :) Title: Re: Secure bitcoin private key storage for your pocket Post by: dunand on December 14, 2011, 01:10:45 PM Why is it safer than using truecrypt on a regular USB key? Da Vinci would never have used a cryptex if he could have used truecrypt.
|