Mickeyb (OP)
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August 28, 2015, 06:26:03 AM |
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I have just read this morning a thread about safely printing paper wallets. It came to my mind how come nobody mentions Trezor as an alternative.
So, how do you see the security of Trezor compared to the paper wallets?
Let's put aside for now a fact that it costs about 0.5 BTC to get one. That's not in my interest to discuss about, I would like to hear only about the security.
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Franciem
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August 28, 2015, 06:30:37 AM |
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if you compared trezor vs paper wallet i will choose paper wallet im not have more money to save at Trezor
but if i have 50-100btc i will choose trezor
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erpbridge
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August 28, 2015, 06:48:29 AM |
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I have just read this morning a thread about safely printing paper wallets. It came to my mind how come nobody mentions Trezor as an alternative.
So, how do you see the security of Trezor compared to the paper wallets?
Let's put aside for now a fact that it costs about 0.5 BTC to get one. That's not in my interest to discuss about, I would like to hear only about the security.
I believe the security and the fliexibility to use a Trezor wallet is more than using a paper wallet, but it isn't much better than just using a paper wallet and for that reason , I still prefer using a paper wallet over a trezor wallet.
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lite
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August 28, 2015, 06:59:15 AM |
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I have just read this morning a thread about safely printing paper wallets. It came to my mind how come nobody mentions Trezor as an alternative.
So, how do you see the security of Trezor compared to the paper wallets?
Let's put aside for now a fact that it costs about 0.5 BTC to get one. That's not in my interest to discuss about, I would like to hear only about the security.
Ledger Hw.1 is also a good low priced hardware wallet with good security, if you can't spend .5 BTC then go for Hw.1. You can get one for 0.075 BTC or 15.00 €. I have bought one for myself.
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OmegaStarScream
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August 28, 2015, 07:18:53 AM |
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Personally I think that Paper wallets are the cheapest way to store bitcoins so if you have big and I mean really big you should go wi th Hardware wallets but Trezor won't be my first choice , I would choose Case https://choosecase.com/ biometrically secured multi-signature bitcoin transactions is always a better choice It's expensive though .; (as I said when I have huge amounts)
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RustyNomad
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August 28, 2015, 07:24:55 AM |
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I used to have a couple of paper wallets before. Since getting my Trezor I have done away with them.
All my btc and ltc is now stored on the Trezor in various wallets and accounts.
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Dire
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August 28, 2015, 07:46:43 AM |
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I would choose Case https://choosecase.com/ biometrically secured multi-signature bitcoin transactions is always a better choice It's expensive though .; (as I said when I have huge amounts) Biometrics and Bitcoin is one of those things that seems like a good idea at first but isn't really. Fingerprints can be hacked in a variety of ways, and GSM tech too, which is what that wallet uses. Looks good though.
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Kprawn
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August 28, 2015, 07:56:47 AM |
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A Trezor gives you more utility to use Bitcoin and it's better to use it for daily stuff, where the paper wallet is a long term solution to keep your Bitcoin safe, without using any devices. The idea of storing a piece of paper in a safe, where you can send Bitcoins, without having to have online access to it, is just exellent. However, once you need to access it, you have more hassles to sweep it onto a online wallet and then using it. Once the private key has been used online, it is generaly considered to be compromised and can be thrown away after it was emptied.
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Mickeyb (OP)
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August 28, 2015, 08:08:38 AM |
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I would choose Case https://choosecase.com/ biometrically secured multi-signature bitcoin transactions is always a better choice It's expensive though .; (as I said when I have huge amounts) Biometrics and Bitcoin is one of those things that seems like a good idea at first but isn't really. Fingerprints can be hacked in a variety of ways, and GSM tech too, which is what that wallet uses. Looks good though. Exactly this. It looks great and fancy, like something that can impress your friend. But these fancy add-ons are something that gives bad guys ways to compromise your device. That's why I like Trezor, it's minimalistic. It has exactly the necessary and not a thing more to be secure and get the job done. Case look interesting for day to day, outside uses where you can get your card out and impress everybody like I said already, but I wouldn't trust it with instead of Trezor with big amounts of coins.
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Amph
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August 28, 2015, 09:57:43 AM |
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I would choose Case https://choosecase.com/ biometrically secured multi-signature bitcoin transactions is always a better choice It's expensive though .; (as I said when I have huge amounts) Biometrics and Bitcoin is one of those things that seems like a good idea at first but isn't really. Fingerprints can be hacked in a variety of ways, and GSM tech too, which is what that wallet uses. Looks good though. i think they can be improved greatly, especially biometric with eye scan the same as bitcoin, which need further fixes to be really "effective" if you want to compare key with eye scan and bitcoin with fiat i will choose the former for sure, ancient tech are bound to die eventually it's only a matter of time
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dothebeats
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August 28, 2015, 10:06:11 AM |
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I would choose Case https://choosecase.com/ biometrically secured multi-signature bitcoin transactions is always a better choice It's expensive though .; (as I said when I have huge amounts) Biometrics and Bitcoin is one of those things that seems like a good idea at first but isn't really. Fingerprints can be hacked in a variety of ways, and GSM tech too, which is what that wallet uses. Looks good though. Yup, Even fingerprints nowadays could be faked and the security of the wallet could easily be taken advantage. But what separates a Trezor wallet from a conventional paper wallet is the utility it offers to the end-user. You cannot easily import/export privkeys via paper wallet but you can do it fast in Trezor.
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OmegaStarScream
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August 28, 2015, 10:13:53 AM |
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I would choose Case https://choosecase.com/ biometrically secured multi-signature bitcoin transactions is always a better choice It's expensive though .; (as I said when I have huge amounts) Biometrics and Bitcoin is one of those things that seems like a good idea at first but isn't really. Fingerprints can be hacked in a variety of ways, and GSM tech too, which is what that wallet uses. Looks good though. Yup, Even fingerprints nowadays could be faked and the security of the wallet could easily be taken advantage. But what separates a Trezor wallet from a conventional paper wallet is the utility it offers to the end-user. You cannot easily import/export privkeys via paper wallet but you can do it fast in Trezor. I'am not sure how it can be faked honestly unless he have your fingerprints from somewhere then yes probably , also for importing private keys I'am not sure how Trezor wallet works exactly but a simple scan of QR code using your smartphone is enough to import your private key for what comes to Paper wallet.
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frankenmint
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August 28, 2015, 10:16:54 AM |
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I would choose Case https://choosecase.com/ biometrically secured multi-signature bitcoin transactions is always a better choice It's expensive though .; (as I said when I have huge amounts) Biometrics and Bitcoin is one of those things that seems like a good idea at first but isn't really. Fingerprints can be hacked in a variety of ways, and GSM tech too, which is what that wallet uses. Looks good though. i think they can be improved greatly, especially biometric with eye scan the same as bitcoin, which need further fixes to be really "effective" if you want to compare key with eye scan and bitcoin with fiat i will choose the former for sure, ancient tech are bound to die eventually it's only a matter of time pass - I don't want false security based on a photograph or a piece of filmed footage. Maybe something that could be homomorphic like where it relies on multiple levels of biometrics and an encrypted passkey - integrate that into a wallet that's indestructible and I'll buy. I run paper wallets, a trezor, and recently Kialara physical bitcoin. I like the trezor for spending convenience and its still encrypted with my pin. The device firmware itself would need to be hacked to cause an issue as not keys ever appear on the screen. Even if a hacker can see your screen all they can see is the number of times you press a key. They would need to have seen you unlocked it to determine the pattern - though that is out the window if you use a strong key with non repeating digits. The same can be done with a paper wallet, but more work and/or trust is needed - for instance using a web wallet requires trusting that your system is free from malware and nefarious users nearby who may just login to steal your btc because you have a saved password and an unlocked phone w/ 2fa required to do anything. Using Electrum has been nice though and it seems easy enough to import or sweep from paper so it would be something I would likely use (over multibit standard or HD [which charges a fee for dev I've read])
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Dire
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August 28, 2015, 10:43:45 AM |
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i think they can be improved greatly, especially biometric with eye scan the same as bitcoin, which need further fixes to be really "effective"
You know what, there's a really interesting idea in there. Instead of QR codes we have iris codes, but only for receiving. You could never change your address though, and that's bad. I'am not sure how it can be faked honestly unless he have your fingerprints from somewhere then yes probably
Really, there are many ways. Apart from the 'finger hack' (literal) there are other fairly simple physical methods: http://www.wikihow.com/Fake-FingerprintsAnd for the more advanced: ' Krissler photographed Germany’s Federal Minister of Defense Ursula von der Leyen during a public presentation in October. Combining high-resolution images he took as she moved her hands during the event, including a close-up of von der Leyen’s thumb, Krissler was able to develop a copy of her fingerprints. The hacker claims that he could then use his own copy to break into any of her accounts protected by her fingerprints, including the biometric scanners found on high-end smartphones like Apple’s iPhone and the Samsung Galaxy S5.' http://www.ibtimes.com/hacker-demonstrates-how-fake-fingerprint-sensors-using-regular-photographs-1769408The truth is, no one will probably bother if you just have 1 BTC, but 100? 1000? They will. The GSM technology that cold wallet uses is worrying too. That cold wallet (and I'm loathe to call it a cold wallet) should only have minimal amounts of BTC in it for day to day transactions. If it were cheap, like $20, I'd buy one for daily usage because I quite like the look of it.
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El Emperador
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August 28, 2015, 11:30:07 AM |
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if you compared trezor vs paper wallet i will choose paper wallet im not have more money to save at Trezor
but if i have 50-100btc i will choose trezor
you can still split 50-100btc in several paper wallets
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johnyj
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August 28, 2015, 01:40:52 PM |
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Both are not fire resistant but at least paper wallet is shock resistant
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gentlemand
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August 28, 2015, 01:47:26 PM |
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Paper for me. Costs nothing and it's 100% future proof. If I was dipping in and out of long term funds it would be a different matter and I'd probably go for a Trezor.
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|Bitcoin|
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August 28, 2015, 02:33:23 PM |
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The securest 8)wallet is hybird brain wallet. You remember the whole private key and you are very safe.
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coinaldo
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August 28, 2015, 02:54:27 PM |
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how trustworthy is satoshiLabs ?
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BillyBobZorton
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August 28, 2015, 03:19:10 PM |
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No one can brainwash me into thinking trezzor is better. Good ol paper encrypted with BIP38 is the way to go for long term offline vault sort of thing. For less amounts core, and for spare change mycellium or any web wallet. A paper well hidden reinforced with plastic will live longer than an electronic device prone to failure
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