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1  Bitcoin / Hardware wallets / Re: Which Is The Best Crypto Hardware Wallet + Giveaway on: July 09, 2019, 03:32:30 PM
Certainly. This is what's known as a supply chain attack. Essentially, someone else gets their hands on your wallet before you do, and can perform a variety of attacks. They could swap out hardware, install malicious firmware, pre-initialize it with their own seed, even swap the entire device for a fake one - https://blog.trezor.io/psa-non-genuine-trezor-devices-979b64e359a7.

As you say, good hardware wallets provide a set of instructions for how to check your device hasn't been tampered with and verify it is genuine, but there is at least theoretically ways this could be bypassed or fooled.

Interesting.

Having a look at the link you sent it's sad to see trezor relies on a holographic label for authenticity (as far as I can see) - in this case I would definitely only buy directly from them.

I would however imagine that if you are using factory software (signed by the provider) to verify that the firmware on the device is valid (once again using a cryptographic signature over the firmware), the serial number is legit and the device has not been cloned, it should be all good.

Maybe the OP can work authenticity checks into his "Best" hardware wallet article, because if you cannot trust or verify the hardware then all the other device features becomes pointless.



2  Bitcoin / Hardware wallets / Re: Which Is The Best Crypto Hardware Wallet + Giveaway on: July 09, 2019, 02:45:16 PM
In terms of the giveaway, you should arrange it so it ships directly from the manufacturer to the winner, and never touches you or any other third party, since that's a security risk with hardware wallets.

Do you mind elaborating on why this is a risk? I'm a newbie, so I'm assuming that most manufacturers allow you to verify the device and firmware authenticity (cryptographically) before you use it?

To reply to the OP, I use a MIRkey device that works with Electrum (it's new, I know, but everything starts new at some point).
3  Bitcoin / Development & Technical Discussion / Re: NEWS FLASH! Hardware wallets still aren't secure, and they never will be. on: July 09, 2019, 02:24:35 PM
Sensation at its best - the subject line says it all.

But besides the sensation, I'm probably missing something, but does it not make sense to just transfer your Bitcoin to a new wallet if you find that your HW wallet has been stolen?
Would you not do the same if your air-gapped home made system is stolen?
One of the best things about HW wallets is that you are bound to notice when its stolen and it will give you time to respond appropriately - not so with your software wallet.
4  Other / Bitcoin Wiki / Re: Request edit privileges here on: July 09, 2019, 01:59:32 PM
Hi

Bitcoin Wiki username: Kobusg

Thanks!
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