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Author Topic: Type of wallets and questions  (Read 310 times)
Jumperman4 (OP)
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April 16, 2020, 03:14:22 AM
 #21

I will have too look further into why trezor aren't great. As far as I've had it, I've had no issues and could careless if they know every transaction from coinbase to wallet/ vice versa. If someone broke into a safe then broken into the safe I stored in the safe for the trezor to attempt to glitch it... well then that's going to be a long process.
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April 18, 2020, 09:31:50 AM
 #22

well then that's going to be a long process.
The Kraken attack took only 15 minutes to extract the seed phrase from Trezor devices, and the Ledger attack took around 5 minutes. That is not a long process by any means. Home safes can vary widely in quality, and poor ones can be cracked open in under a couple of minutes. Worst case scenario, an attacker could open your safe and perform this attack in 15-20 minutes. Even if your safe requires hours to crack, if you are at work for 8 hours a day that is more than enough time.

If you are planning to use a Trezor device, then you should follow the instructions here (https://wiki.trezor.io/Passphrase) to set up a long and complex passphrase, to mitigate against the physical vulnerability of the device.
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