Bitcoin Forum
May 24, 2024, 12:19:22 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 [51] 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 ... 486 »
1001  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 06, 2023, 07:30:48 PM
 For peace of mind for my BTC…hell yeah…$70 is worth it and it ain’t a one time use for one note…can be used over and over again for any item using this method.

    So its not a waste of waste of money at all…the Trezor can also be used to store your personal Bitcoin stash as well if need be. That’s exactly what I used for the key generation for this note.  Used my personal BTC stash Trezor…simply reset…generated the keys and voila….done deal. All I had to do is reset back and input my original seed for my original BTC…and was back in business.

   And I completely agree with your comment of newly made loaded collectibles are going by the wayside…Trust has been lost especially since Dogg fucked everyone. Also when BTC hit its all time high…guess what a lot of collectors did? Peeled and swept due to anxiety of the BTC getting swept. Especially high value items from past coin makers as well...If done this way...guess who doesn't have to worry about losing their BTC?

   That’s why this way you simply cannot have that happen to you and newly loaded collectables can be sold in that light as well. This is an option a maker can incorporate in their collectables as well as having them issue private keys for people that want them as well.

     But again to each his own as I have said before on earlier threads.
1002  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 06, 2023, 09:02:59 AM

 I sent an email a few days ago to confirm that when resetting the Trezor all seeds and info is wiped out and also that passphrase is not stored on the Trezor..they replied as follows..

   Hello XXXX

thank you for reaching out to Trezor support team.

Both your statements are correct.
Passphrase is not stored inside Trezor device so there's nothing to hack or extract.

First recovery seed will be completely wiped after factory reset. Also nothing to extract here.



Best regards,
Evgeny
1003  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 07:02:47 PM
the same logic could be applied to the trezor - will they keep it safe? and in working order? will they keep their passphrase safe?

Instead of trusting the funds to 1 location - the collectible - they have to trust 2 locations the collectible and the passphrase.

call it what you want but this is still just DIY yes it has the maker applying it to the collectible but the maker had no part in making the key or address the buyer did so still DIY.

I would rather personally have the maker do the whole thing (address/key generation) or none of it all - Not a half way job.  I would prefer to never use any hardware wallet at all - so far all have been proven to be compromised or closed source so you cannot verify they are not compromised - that goes for both ledger and trezor.

I still find this process to be considerably more complicated and in my opinion guarantees zero resale of funded item, ensures it can only be sold as redeemed.




   I hear all your points and like I said to each his own.

   Rather this way than getting Yogged again down the line....

   
1004  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 05:57:20 PM
Curious - what collectors want it this specific way? or do you mean having the maker affix it and "load" it?  Curious if its the former, if you meant the latter than yes many do. Though most "loaded" items these days are actually just buyer funded as the maker has the buyer directly fund the coin so the maker actually never had any contact with the "load" amount.

edit: for example, let's use Lealana (love the coins) smoothie does "funded" and "buyer funded" coins - in reality, there is no difference between the two - except for the hologram. Both coins are directly funded by the buyer - neither funded by the maker. Yet the ones without the "buyer funded" holo fetch a higher premium.

Remember to be loaded by the maker also can be a sticky situation - as that requires a money transmitter license.

as for the airgapping a system - I would hope nearly anyone in Bitcoin could do that. Simply run/operate a system that does not and cannot go online.

I think you are making that part seem harder than it actually is.

and I didnt mean you with the hostility part, just soon I expect our favorite "OG" to step in and explain how it all works lol - I think you and I are beyond being hostile towards each other Smiley

and yes this way keeps you from getting rugged - as does DIY - because this really is a DIY scenario - just using a hw wallet to complete it vs an airgapped system.

   Not everyone in Bitcoin is capable of doing just that. You think people will use a computer once to generate keys and leave it offline forever ? And if they did want to wipe it clean to use online......go thru all that? Are they capable enough? No....Just because people are collectors does not make them capable of doing all this...Trust me I met many and they are clueless or do want to even bother.

   DIY is when you generate the keys...print the keys...and place the keys under the hologram...thats DIY.

    Most people buy DIY and never really do anything with it...they just leave the coin with the holo in the bag it came with. I know for the few coins I bought DIY....that's how they ended.

   This is generating the seed etc etc and let the maker assemble. Quite different.

   At the end of the day...these physical loaded items are artwork and the more the maker does...the more it is completed from his end.

   Not sure if that applies to the rest of world being a money transmitter...but then again if they cannot, then the buyer will need to load prior to shipping.
   So only fully funded notes or coins sold.

   

     
1005  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 05:06:22 PM
For collectibles this still makes zero semse - for personal storage on an item you mever plan to sell maybe but most collectors are simply flippers in which case this makes the items useless to those folks

I dont see how a redeemed item makes it more valuable as you stated - to me redeemed makes it less valuable - thst is why I buy mostly redeemed items - cheaper amd I am not a flipper like most.

   I didnt say more valuable I said that is something you cannot do unless you sold it as a redeemed wallet which in itself holds value as well.

  
   I see all points from all ends and there are good points....but our hobby is not what it used to be. For some people who have been around maybe they dont mind getting rug pulled...but for outsiders who look into our hobby I am sure they are horrified when they read about DOGG and TITAN.

    Give them this option, things just might change.

     Regardless....nobody is telling anyone to use my idea....stick with the old way is fine as well...its your BTC at the end of the day to do with it as you please  Wink

     Again I will give an example....if a coinmaker offers a limited series of say 100 of these....they are collectables as they are limited in their scope and nature....and can be resold redeemed if need be as I am sure people will buy just to have 1 of the 100...or 1 of the 21 in their collection. I know I would if I was to have one of every item produced by certain coin makers.

    

oh for sure, as a collector I would still have the urge to get one. but that still doesnt make it make sense. This is an overly complicated method of someone basically doing a DIY.

   How many people can do it themselves the right way? Air gapped computer and the right key generation programs?
 
   With a trezor you will not need to have an airgapped computer at all or a key generation program to get  a pub and private keys.

Essentially the trezor is the airgapped system - could buy a laptop for $99, remove the wifi/bluetooth functionality, install Bitcoin core or Electrum or any number of wallets on it and do the same thing.  

By your logic, this is a process for someone who cannot make their own keys - yet will somehow manage to do all of these steps and successfully manage to keep the passphrase so they can later use it in conjunction with the collectible to redeem funds. How is this simplier than just creating a private key and applying it to a DIY item.

My point is this - this process is not new or creative even - it is simply taking what someone could already do and having them provide part of it to a maker so it can be added to a collectible. To me, the object is not loaded in any fashion. It simply has the address to a private key that could be easily redeemed without the collectible.

For that sake, why not just use the trezor to create a private key and only provide the public address to the maker? The effect would be the same.  The person not the maker is responsible for maintaining the security of the key.

Maybe I am missing something but I dont see how this is any more secure than just having your btc address added to the collectible and calling it good at that point.

I dont want any hostility so I will leave it at that. If something is produced, I would still probably buy one as a collector. After all, I buy tons of stuff that I would never trust with 1 sat.


  Good points all around....in that case it would be a do it yourself item not assembled by the coin maker.

   In my way it will be assembled and loaded by the maker ...and also have him apply the security hologram as well.

   So created by maker with the exception of the generation of the keys/seed.

   Some collectors want this rather than a DIY version where you are sent a hologram and you make the paper printout. Other do not.

    I know I do not and would prefer it to be handled all by the maker except for the key generation...especially after Dogg swept the shit keys.
  
      Also for that private key to be printed out you need a way to air gap your printer and computer if that what you are using. How many people can

manage that?

   There is no hostility bro...I take all in good stride as I see people seeing this from all different angles.

   Again, nobody is forced to use this...its an option for everyone to have and choose if they wish.

   We keep on getting burned all the time and yet we still keep on having trust until it happens again.

   This way, you are much less likely to get Yogged.

  
1006  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 03:41:56 PM
For collectibles this still makes zero semse - for personal storage on an item you mever plan to sell maybe but most collectors are simply flippers in which case this makes the items useless to those folks

I dont see how a redeemed item makes it more valuable as you stated - to me redeemed makes it less valuable - thst is why I buy mostly redeemed items - cheaper amd I am not a flipper like most.

   I didnt say more valuable I said that is something you cannot do unless you sold it as a redeemed wallet which in itself holds value as well.

  
   I see all points from all ends and there are good points....but our hobby is not what it used to be. For some people who have been around maybe they dont mind getting rug pulled...but for outsiders who look into our hobby I am sure they are horrified when they read about DOGG and TITAN.

    Give them this option, things just might change.

     Regardless....nobody is telling anyone to use my idea....stick with the old way is fine as well...its your BTC at the end of the day to do with it as you please  Wink

     Again I will give an example....if a coinmaker offers a limited series of say 100 of these....they are collectables as they are limited in their scope and nature....and can be resold redeemed if need be as I am sure people will buy just to have 1 of the 100...or 1 of the 21 in their collection. I know I would if I was to have one of every item produced by certain coin makers.

    

oh for sure, as a collector I would still have the urge to get one. but that still doesnt make it make sense. This is an overly complicated method of someone basically doing a DIY.

   How many people can do it themselves the right way? Air gapped computer and the right key generation programs?
 
   With a trezor you will not need to have an airgapped computer at all or a key generation program to get  a pub and private keys.
1007  Economy / Collectibles / Re: WTB- FIRST DAY FUNDED CASASCIUS 2011 COIN 2011-09-07 03:59:59 Time stamp on: June 05, 2023, 12:38:40 PM
As the title says...looking for a first day funded/loaded  Casascius error 2011 coin.

 Not only does it have to be first day loaded but I am looking for the FFFD coin meaning First Funding First Day.

  Specifically 2011-09-07 03:59:59 Time stamp. There are less than 70 of these and it makes them the very first ever made.

   Thanks!

Would you happen to have an address list of these coins?
It would make it easier in searching for them to see the first bits and know it is one of them versus looking up each Cas w/ a S1 hologram I come across  

  Sure thing....go here https://casascius.uberbills.com/?type=1&status=active

     At the very bottom you will see the first day funded coins and also the time stamps.

    1139gXxM¹   2011-09-07   Active   1
113t1WyE¹   2011-09-07   Active   1
113zKQUs¹   2011-09-07   Active   1
115Rpo3Z¹   2011-09-07   Active   1+
1162mVRU¹   2011-09-07   Active   1
11TYY79¹   2011-09-07   Active   1
11UuUhf¹   2011-09-07   Active   1
1215kLo9¹   2011-09-07   Active   1
121FahiN¹   2011-09-07   Active   1
121hVtLy¹   2011-09-07   Active   1
121JHgZz¹   2011-09-07   Active   1
121knvki¹   2011-09-07   Active   1
121n2nkp¹   2011-09-07   Active   1+
121NqQXJ¹   2011-09-07   Active   1
121PSvtx¹   2011-09-07   Active   1
121wPN5Y¹   2011-09-07   Active   1
122oDUah¹   2011-09-07   Active   1
122WZg1k¹   2011-09-07   Active   1
123iogw4¹   2011-09-07   Active   1
123Qm1ZC¹   2011-09-07   Active   1
124FowXe¹   2011-09-07   Active   1
124vi1A2¹   2011-09-07   Active   1
124ZENwJ¹   2011-09-07   Active   1
125n37AK¹   2011-09-07   Active   1
125vMCij¹   2011-09-07   Active   1
1262xzA1¹   2011-09-07   Active   1
127gG88o¹   2011-09-07   Active   1
1287VBgM¹   2011-09-07   Active   1
1288JRYQ¹   2011-09-07   Active   1
128g7uRC¹   2011-09-07   Active   1
128nFXVz¹   2011-09-07   Active   1
128nyFkA¹   2011-09-07   Active   1
128VUoei¹   2011-09-07   Active   1
1299993F¹   2011-09-07   Active   1
129BxVNf¹   2011-09-07   Active   1
129HXvt7¹   2011-09-07   Active   1
129NfP7y¹   2011-09-07   Active   1
129smFWE¹   2011-09-07   Active   1
12A1Qe9G¹   2011-09-07   Active   1
12aQBc2U¹   2011-09-07   Active   1
12Ar6cUX¹   2011-09-07   Active   1
12ARX2HR¹   2011-09-07   Active   1
12asNPWi¹   2011-09-07   Active   1
12Asuz1C¹   2011-09-07   Active   1
12AvTbZw¹   2011-09-07   Active   1+
12AyhLTT¹   2011-09-07   Active   1
12B6oi9k¹   2011-09-07   Active   1
12b8Nu3N¹   2011-09-07   Active   1
12bbFJG6¹   2011-09-07   Active   1
12bBFsxU¹   2011-09-07   Active   1
12BCjCwF¹   2011-09-07   Active   1
12BE6Pkp¹   2011-09-07   Active   1
12BGcKsJ¹   2011-09-07   Active   1
12bghFKQ¹   2011-09-07   Active   1
12bgzGwv¹   2011-09-07   Active   1
12BoHemk¹   2011-09-07   Active   1
12bu9Sg5¹   2011-09-07   Active   1
12bWpFts¹   2011-09-07   Active   1
12bYyg9E¹   2011-09-07   Active   1
12c22V7C¹   2011-09-07   Active   1
12C6fB2k¹   2011-09-07   Active   1
12c9Ryf2¹   2011-09-07   Active   1
12cBhdDR¹   2011-09-07   Active   1
12CFRMz2¹   2011-09-07   Active   1
12CGGF9C¹   2011-09-07   Active   1
1CA4JxGR²      Active   1
1CAem6GG²      Active   1
1AgfV6eG²      Active   1
1008  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 12:31:19 PM
For collectibles this still makes zero semse - for personal storage on an item you mever plan to sell maybe but most collectors are simply flippers in which case this makes the items useless to those folks

I dont see how a redeemed item makes it more valuable as you stated - to me redeemed makes it less valuable - thst is why I buy mostly redeemed items - cheaper amd I am not a flipper like most.

   I didnt say more valuable I said that is something you cannot do unless you sold it as a redeemed wallet which in itself holds value as well.

 
   I see all points from all ends and there are good points....but our hobby is not what it used to be. For some people who have been around maybe they dont mind getting rug pulled...but for outsiders who look into our hobby I am sure they are horrified when they read about DOGG and TITAN.

    Give them this option, things just might change.

     Regardless....nobody is telling anyone to use my idea....stick with the old way is fine as well...its your BTC at the end of the day to do with it as you please  Wink

     Again I will give an example....if a coinmaker offers a limited series of say 100 of these....they are collectables as they are limited in their scope and nature....and can be resold redeemed if need be as I am sure people will buy just to have 1 of the 100...or 1 of the 21 in their collection. I know I would if I was to have one of every item produced by certain coin makers.

     
1009  Economy / Collectibles / WTB- FIRST DAY FUNDED CASASCIUS 2011 COIN 2011-09-07 03:59:59 Time stamp on: June 05, 2023, 11:54:07 AM
 As the title says...looking for a first day funded/loaded  Casascius error 2011 coin.

 Not only does it have to be first day loaded but I am looking for the FFFD coin meaning First Funding First Day.

  Specifically 2011-09-07 03:59:59 Time stamp. There are less than 70 of these and it makes them the very first ever made.

   Thanks!
1010  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 11:42:34 AM
ok but then how could the collectible ever be sold? If I did one and I knew the Passphrase and the pk and seed are on the collectible in plain sight - does that not render the piece useless for selling?

Maybe that was addressed above but I dont think I saw that.

and would that slow down production? waiting for 200 customers to provide the information?

its like doing every collectible the same way the Ballet Pro series was done.


  Correct...that is something you cannot do unless you sold it as a redeemed wallet which in itself holds value as well.

   But then there is nothing to guarantee that any coin maker like Poly or myself will not pull a Yogg on you is there?

   SO then your collectable will become much less desirable and worthy than if things are done this way.

   The way I see it, I would rather have peace of mind knowing my BTC will be there and not be swept down the line.

   And yes I cannot sell it loaded as it will be pointless to try to, but I can still say I have a collectable that is loaded by the maker in my collection

   to pass on to future generations in my family.

  And I have heard people say they dont mind if their loaded item is swept with say $50 in BTC,,,but what happens when BTC moons and there are

thousand of dollars worth in BTC? I am sure that will be in the back of our heads for sure and they will mind.

  And who cares how long it takes to make ? We are not in the races here to see how fast...rather wait a long time and have a secure place where my BTC will be stored than a fast shipping and not knowing what the future hodls with the maker.

  And I dont care how much we say this person or that company is solid....like we did with yogg....and look what happens.

   I can flip tomorrow and rug pull.....so can anyone else...there are no guarantees in life.

   People who are in love and would die for each other end up cheating...betraying and yes killing each other.

   SO what makes you think this rugg pull cannot happen with other coin makers like myself and others?

    THIS CAN PREVENT THAT FROM HAPPENING.
 
    The trezor is less than $70...small price to pay for peace of mind.

   But at the end of the day....to each his own. You can lead the horse to the watering hole yet you cannot force it to drink.
1011  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 11:33:26 AM
Sounds great. Glad to see some thought put into this from respected creators. Reminds me of the process Ballet uses to create their wallets on their cards. Requiring both key and validation phrase to use, with each created independently.

I would love to test this out, have plenty of Trezors laying around that could be reset or dedicated to this process for me.

Personally, I would put the pasphrase under a second hologram on the note so it is secure and not lost. Might be nice to include space on the note for this along with a second hologram. Becomes a new form of DIY.

Curious to see what comes of this. Great work.

Geo

Yes I like this and commend both Polymerbit and krogothmanhattan working through a
solution to a problem which has been looming and brought to light by Yogg.

i also find this idea very interesting and have already talked about it with polymerbit, how we could implement this in Icarus and when exactly.
it would also be very helpful to know if you can do this procedure with other hw-wallets like bitbox2, foundation passport and so on - because not all crypto collectors own a Trezor. but i think there should be no problems here either Wink

i will meet with dan this week, then we can talk/discuss further about bip38 - looking forward to it

If this solution works along with other open source HW wallets it will cement the
trust back into loading collectibles. It might also be fitting to have the Icarus project be the
first to impliment a >HW wallet customer DIY key generated collectible<



   Thanks for the compliments.....And yes it should work with other BIP39 wallets....so Trezor is not the only one.

   We used Trezor as an example cause thats what I have been using all these years and I think they are good at what they do.

   And its less than $70 as well for people that want to buy....so its not a hell of a lot of money for peace of mind!
1012  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 11:29:39 AM
I am confused by the wording in your graphic.
The top part states to get the "public address", yet the bottom part states to "public key" and that you should send this "public key" to Polymerbit.

Isn't this wrong? From what I have been told, the public key or xpub should never be given out to a 3rd party Huh




   Good catch...I used the wrong words and it has been corrected.  Wink

  
1013  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 05, 2023, 11:27:33 AM
i also find this idea very interesting and have already talked about it with polymerbit, how we could implement this in Icarus and when exactly.
it would also be very helpful to know if you can do this procedure with other hw-wallets like bitbox2, foundation passport and so on - because not all crypto collectors own a Trezor. but i think there should be no problems here either Wink

i will meet with dan this week, then we can talk/discuss further about bip38 - looking forward to it

   Thanks for the post...and yes it should work with other BIP39 wallets such as ledger and bitbox as you can see below...

    https://shiftcrypto.support/help/en-us/21-optional-passphrase/57-how-to-use-a-passphrase

    https://www.ledger.com/academy/passphrase-an-advanced-security-feature

   Not that I would recommend Ledger due to their recent revelations on sharing the seeds or being able to.  Roll Eyes

 
1014  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 04, 2023, 06:33:25 AM
This process looks quite a bit more difficult than a diy pk with BIP39 seed and passphrase

But maybe that is because I dont know trezor very well - I personally have 2 of them but wont use em - part of me feels that all hardware wallets leak out your information/keys/seed phrase/pass phrases etc thats just me though.


I suppose unless the code used on "xxx" device is actually open-sourced so can be vetted, who knows, so you could be right.

Hell, I may have one of these systems running, I still have to check.. Tongue   https://www.theregister.com/2023/06/02/gigabyte_uefi_backdoor/

You really cannot trust anything not open-source, so I have to agree with you in principle there, however, any reputable company would not do that I would think, especially in this business. Or I hope at least. Tongue






   Trezor is 100% open source unlike some other wallets. Also any BIP39 wallet seed can be used on any other wallet that is BIP39...regardless if the company goes bust or not.

    As per Trezor..

    Trezor hardware wallets use open-source designs so security experts and researchers can audit every process. This means your device is kept updated against threats, both real and theoretical.

When security is transparent, backdoors and potential exploits have nowhere to hide. Trezor is trust-less and decentralized, exactly like Bitcoin.

       In the unexpected event that the company Trezor becomes insolvent, your device will continue to be the safest place for your coins.

      This means that you can recover your cryptoassets on any BIP39 compatible wallet. For example, if you have cryptoassets on a Trezor One and the Trezor One gets lost or damaged, then you can enter in the recovery seed from the Trezor One into a Trezor Model T or a Ledger Nano S and recover all of your cryptoassets.
1015  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 04, 2023, 06:29:59 AM
I guess I dont trust hardware - why not just create your own seed phrase and pass phrase without any hardware to rely upon? That could work as well in this scenario right?

   I am aware of creating your own BIP39 mnemonic phrase from a list of 2048 words.....the question then is to convert them to the keys to go with the chosen 12 or 24 words. I do not think that many users out there would opt to go with this if it becomes too technical.

   Also then when it comes to generating a passphrase for the hidden wallet.
 
   It should work but the question is again would the average Joe want to go thru this and be technical savvy enough to do it.
1016  Economy / Collectibles / Re: Auction of Playtoshi Ballet cards #22 to #39 Closes June 11th 5PM EST on: June 03, 2023, 10:28:27 PM
#37 - 0.0005
1017  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 03, 2023, 10:25:26 PM
How is this affected by the recent development showing where trezors can be easily hacked if they have physical custody? Would that put any of these seeds/keys at risk? Or is the passphrase sufficient? I simply dont trust hardware wallets.

  Very good question....First of all, the hacker needs to have custody of your Trezor...THEN...the attacker must possess a specialized hardware tool, strong technical knowledge, and physical access to bypass the protection! How many have that knowledge and tools!

    So there is a way around it....that is guaranteed that even if your trezor falls in a person with all this knowledge and tools....Simply, reset your Trezor!
This will wipe away your seed and passphrase you have generated for your physical collectable device!
  Its like it never existed at all! And you can then generate a new seed and use the wallet in whichever way you please!

   BUT, for arguments sake...LETS SAY....you did not do that and the right people and equipment stole your trezor.

     Even though they get your seed, they will not get your passphrase for your hidden wallet. They cannot tell if you ever had a hidden wallet as the seed only gets them to the first wallets that are used with passphrases. And the passphrases I am talking about is for the hidden wallets not the passcode to open the Trezor!

        SO as per Trezor below...

      How does it work?
As part of the initialization process, your Trezor device generates a random number which is converted into a recovery seed and stored in the memory. Your Trezor uses this string of standard English words to generate your private keys, serving as a kind of 'master access key'  for unlocking access to your Bitcoin funds.

By default, the Trezor Model One creates a wallet with a 24-word seed phrase, whereas the Trezor Model T generates a wallet using a 12-word seed. This is referred to as your 'Standard wallet' in Trezor Suite.

By using a passphrase, you're effectively adding an extra word to the seed phrase, creating a brand new 'Hidden wallet'.

In fact, you can generate as many passphrase-protected hidden wallets as you like, but you must be extremely careful not to lose any of your passphrases. Remember, if you lose a passphrase, you lose access to any funds stored in the hidden wallet!

Essentially, whenever a Trezor device is used, it derives a cryptocurrency wallet using the following (extremely simplified) formula:   

       recovery seed + passphrase = hidden wallet

which can be summarized using the following schematic:


 
1018  Economy / Collectibles / Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor on: June 03, 2023, 07:05:35 PM
 Hi all.....Initially I did suggest using BIP38 like I used on my online stamp in 2017...its been loaded with 0.02 BTC since then and also the private keys exposed and the BTC still not stolen!

     http://www.crypto-stamps.com/private3.html

   But in order to do that...The person would need to get a program to create the BIP38 keys and also have an airgapped computer as well.
That program can also be created maliciously by the coinmaker so you are vulnerable.

   So this new idea dawned on me....the buyer would never need to have an airgapped computer at all or download any program and trust the coinmaker.

   By using a well known wallet like Trezor, this will make a physical loaded item completely trustless!
 
   Also it being a hierarchical deterministic wallet, you can actually create an infinite sets of keys as well.

    
  The whole idea with this is as follows…

 

    If polymerbit or any coinmaker came out with a certain note or coins….say 1 limited edition of 100…then they can still be created with my idea…the owner can still display his loaded physical item…in a limited edtion polymerbit…or coin and never ever have to worry his BTC will be swept!

   Also the items can be loaded to face value by the maker as well…making the item loaded by creator and keys generated by owner!

     Below is a sample made....all the seeds here are exposed and the addy is loaded with $200 worth of BTC. SO take it if you can crack it!

     In a sold version the seed would be under a security hologram.

     Another amazing thing is, you can then reset your Trezor and use it for another note or to use for your personal BTC stash.

            

            
1019  Economy / Collectibles / Re: Which do you prefer? Physical or digital collectibles? on: June 01, 2023, 10:36:27 PM
    What is better than to have a Digital Currency have a sibling underneath the hologram in the form of an NFT Image?

    Both Digitals...onchains and in a physical capsule to keep each other company!  Cheesy
1020  Economy / Collectibles / Re: Which do you prefer? Physical or digital collectibles? on: June 01, 2023, 07:32:39 PM
I have 0 interest in nfts. Nothing better than a graded coin loaded with btc Cool collectible Bitcoin notes, cards, magazines etc are equally amazing

Grading companies could join the NFT hype by issuing a digital version of your graded collectible. You'd have both the physical graded coin slab, as well as, an NFT version of it. But I doubt they will do this, especially when most NFTs are a gamble these days. With data stored on centralized servers, you can easily lose your precious NFTs in an instant. It's not like a physical collectible that you can preserve for years with proper care. People have even gone as far as making NFTs linked to tweets made by someone on Twitter, when all of that data could easily fade away into oblivion.

It's a wild and crazy world out there, so I'd expect the NFT hype to last for quite some time. At least, we know physical collectibles won't be going anywhere soon. Who knows if they'll outlive NFTs in the long run?  Roll Eyes

  I agree....lots of NFT's on chains that the images are not on and they can easily be changed or removed.

  But that's why I like Ordinals...as the images for those NFTs are embedded into the Bitcoin Blockchain forever!

  That to me is the way a real NFT should be...once uploaded it will stay there forever and can never be manipulated in any way Wink

   
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 [51] 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 ... 486 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!