larem
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December 12, 2015, 04:42:48 AM |
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I'm a little lost about these... is everything stored on the KeepKey? Like if you took that from one PC to another, doing fresh MultibitHD installs on each one, would it be the same as doing it all on one PC? And does this make it safe to also transact from PCs you might not otherwise trust?
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notlist3d (OP)
Legendary
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Activity: 1456
Merit: 1000
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December 12, 2015, 04:47:44 AM |
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I'm a little lost about these... is everything stored on the KeepKey? Like if you took that from one PC to another, doing fresh MultibitHD installs on each one, would it be the same as doing it all on one PC? And does this make it safe to also transact from PCs you might not otherwise trust?
The main thing is the private key does not get stored on PC. With the private key you basically have control of the BTC. That is the magic is keeping key on hardware wallet. It is truly it is a luxury wallet. It has a nicer screen, and case then others. You can get cheaper ones but they wont come with this. But everyone's needs are not the same so I realize pick of wallet is kinda a personal decision. It is my first hardware wallet I have to say I'm starting to really like it. I was not sure when getting it what I would think. But it's kinda a nice change. Still early but there are some very nice features with hardware wallet.
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larem
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2015, 05:14:18 AM |
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I'm a little lost about these... is everything stored on the KeepKey? Like if you took that from one PC to another, doing fresh MultibitHD installs on each one, would it be the same as doing it all on one PC? And does this make it safe to also transact from PCs you might not otherwise trust?
The main thing is the private key does not get stored on PC. With the private key you basically have control of the BTC. That is the magic is keeping key on hardware wallet. It is truly it is a luxury wallet. It has a nicer screen, and case then others. You can get cheaper ones but they wont come with this. But everyone's needs are not the same so I realize pick of wallet is kinda a personal decision. It is my first hardware wallet I have to say I'm starting to really like it. I was not sure when getting it what I would think. But it's kinda a nice change. Still early but there are some very nice features with hardware wallet. I love the look of it, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It's really modern and that's awesome. But the KeepKey also does the signing on the device itself, right? So even if you're on a system that's compromised, it wouldn't hurt it since the system wouldn't be able to access the private key?
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notlist3d (OP)
Legendary
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Activity: 1456
Merit: 1000
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December 12, 2015, 06:17:08 AM |
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I'm a little lost about these... is everything stored on the KeepKey? Like if you took that from one PC to another, doing fresh MultibitHD installs on each one, would it be the same as doing it all on one PC? And does this make it safe to also transact from PCs you might not otherwise trust?
The main thing is the private key does not get stored on PC. With the private key you basically have control of the BTC. That is the magic is keeping key on hardware wallet. It is truly it is a luxury wallet. It has a nicer screen, and case then others. You can get cheaper ones but they wont come with this. But everyone's needs are not the same so I realize pick of wallet is kinda a personal decision. It is my first hardware wallet I have to say I'm starting to really like it. I was not sure when getting it what I would think. But it's kinda a nice change. Still early but there are some very nice features with hardware wallet. I love the look of it, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It's really modern and that's awesome. But the KeepKey also does the signing on the device itself, right? So even if you're on a system that's compromised, it wouldn't hurt it since the system wouldn't be able to access the private key? Correct even it signs the transaction on the device. And it stores the key on it aswel. So even if there is a keylogger or virus this should not be able to be compromised. Even if they were watching your screen during entering of key they would not know what number you hit since it changes on keepkey screen. I wondered what happened if you enter it wrong on PIN, curious if bruteforcing is possible. And luckily it is not after a few wrong tries it adds a delay, and this delay keeps getting doubled each time. So another thing that seems to add to me feeling safe.
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larem
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2015, 06:20:27 AM |
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I'm a little lost about these... is everything stored on the KeepKey? Like if you took that from one PC to another, doing fresh MultibitHD installs on each one, would it be the same as doing it all on one PC? And does this make it safe to also transact from PCs you might not otherwise trust?
The main thing is the private key does not get stored on PC. With the private key you basically have control of the BTC. That is the magic is keeping key on hardware wallet. It is truly it is a luxury wallet. It has a nicer screen, and case then others. You can get cheaper ones but they wont come with this. But everyone's needs are not the same so I realize pick of wallet is kinda a personal decision. It is my first hardware wallet I have to say I'm starting to really like it. I was not sure when getting it what I would think. But it's kinda a nice change. Still early but there are some very nice features with hardware wallet. I love the look of it, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It's really modern and that's awesome. But the KeepKey also does the signing on the device itself, right? So even if you're on a system that's compromised, it wouldn't hurt it since the system wouldn't be able to access the private key? Correct even it signs the transaction on the device. And it stores the key on it aswel. So even if there is a keylogger or virus this should not be able to be compromised. Even if they were watching your screen during entering of key they would not know what number you hit since it changes on keepkey screen. I wondered what happened if you enter it wrong on PIN, curious if bruteforcing is possible. And luckily it is not after a few wrong tries it adds a delay, and this delay keeps getting doubled each time. So another thing that seems to add to me feeling safe. This is awesome. I'm really looking into getting one now. My PC was apparently compromised months ago and I had generated addresses/encrypted immediately after/sent coins to them. Found out a couple weeks ago that somehow two of the wallets were compromised and I had lost ~8 BTC. Expensive mistake but it's made be MUCH more wary about security of coins.
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notlist3d (OP)
Legendary
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Activity: 1456
Merit: 1000
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December 12, 2015, 06:36:14 AM |
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I'm a little lost about these... is everything stored on the KeepKey? Like if you took that from one PC to another, doing fresh MultibitHD installs on each one, would it be the same as doing it all on one PC? And does this make it safe to also transact from PCs you might not otherwise trust?
The main thing is the private key does not get stored on PC. With the private key you basically have control of the BTC. That is the magic is keeping key on hardware wallet. It is truly it is a luxury wallet. It has a nicer screen, and case then others. You can get cheaper ones but they wont come with this. But everyone's needs are not the same so I realize pick of wallet is kinda a personal decision. It is my first hardware wallet I have to say I'm starting to really like it. I was not sure when getting it what I would think. But it's kinda a nice change. Still early but there are some very nice features with hardware wallet. I love the look of it, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It's really modern and that's awesome. But the KeepKey also does the signing on the device itself, right? So even if you're on a system that's compromised, it wouldn't hurt it since the system wouldn't be able to access the private key? Correct even it signs the transaction on the device. And it stores the key on it aswel. So even if there is a keylogger or virus this should not be able to be compromised. Even if they were watching your screen during entering of key they would not know what number you hit since it changes on keepkey screen. I wondered what happened if you enter it wrong on PIN, curious if bruteforcing is possible. And luckily it is not after a few wrong tries it adds a delay, and this delay keeps getting doubled each time. So another thing that seems to add to me feeling safe. This is awesome. I'm really looking into getting one now. My PC was apparently compromised months ago and I had generated addresses/encrypted immediately after/sent coins to them. Found out a couple weeks ago that somehow two of the wallets were compromised and I had lost ~8 BTC. Expensive mistake but it's made be MUCH more wary about security of coins. That is the great thing I'm learning about hardware wallets. It seems they take out the hassle of holding safely. I have always been a strong paper wallet person. And they are still great if done right, and that is the key thing if done right. The only way to lose your btc it seems is if you store the recovery words insecure. It gives you recovery words so if lost/stolen you can get a new one and easily restore. It comes with a card in a very nice woven holder (again on luxury the holder is not a cheap feeling thing) but you store it in that. I would suggest that goes to safety deposit box or something close to that. So with that being only weakness that is pretty amazing as far as spending. I'm really turning into a pro-hardware wallet person.
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larem
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 12, 2015, 06:50:36 AM |
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I'm a little lost about these... is everything stored on the KeepKey? Like if you took that from one PC to another, doing fresh MultibitHD installs on each one, would it be the same as doing it all on one PC? And does this make it safe to also transact from PCs you might not otherwise trust?
The main thing is the private key does not get stored on PC. With the private key you basically have control of the BTC. That is the magic is keeping key on hardware wallet. It is truly it is a luxury wallet. It has a nicer screen, and case then others. You can get cheaper ones but they wont come with this. But everyone's needs are not the same so I realize pick of wallet is kinda a personal decision. It is my first hardware wallet I have to say I'm starting to really like it. I was not sure when getting it what I would think. But it's kinda a nice change. Still early but there are some very nice features with hardware wallet. I love the look of it, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . It's really modern and that's awesome. But the KeepKey also does the signing on the device itself, right? So even if you're on a system that's compromised, it wouldn't hurt it since the system wouldn't be able to access the private key? Correct even it signs the transaction on the device. And it stores the key on it aswel. So even if there is a keylogger or virus this should not be able to be compromised. Even if they were watching your screen during entering of key they would not know what number you hit since it changes on keepkey screen. I wondered what happened if you enter it wrong on PIN, curious if bruteforcing is possible. And luckily it is not after a few wrong tries it adds a delay, and this delay keeps getting doubled each time. So another thing that seems to add to me feeling safe. This is awesome. I'm really looking into getting one now. My PC was apparently compromised months ago and I had generated addresses/encrypted immediately after/sent coins to them. Found out a couple weeks ago that somehow two of the wallets were compromised and I had lost ~8 BTC. Expensive mistake but it's made be MUCH more wary about security of coins. That is the great thing I'm learning about hardware wallets. It seems they take out the hassle of holding safely. I have always been a strong paper wallet person. And they are still great if done right, and that is the key thing if done right. The only way to lose your btc it seems is if you store the recovery words insecure. It gives you recovery words so if lost/stolen you can get a new one and easily restore. It comes with a card in a very nice woven holder (again on luxury the holder is not a cheap feeling thing) but you store it in that. I would suggest that goes to safety deposit box or something close to that. So with that being only weakness that is pretty amazing as far as spending. I'm really turning into a pro-hardware wallet person. Yeah, my plan was to take the seed to a safe deposit box, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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notlist3d (OP)
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December 12, 2015, 04:13:54 PM |
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That is the great thing I'm learning about hardware wallets. It seems they take out the hassle of holding safely. I have always been a strong paper wallet person. And they are still great if done right, and that is the key thing if done right.
The only way to lose your btc it seems is if you store the recovery words insecure. It gives you recovery words so if lost/stolen you can get a new one and easily restore. It comes with a card in a very nice woven holder (again on luxury the holder is not a cheap feeling thing) but you store it in that. I would suggest that goes to safety deposit box or something close to that.
So with that being only weakness that is pretty amazing as far as spending. I'm really turning into a pro-hardware wallet person.
Yeah, my plan was to take the seed to a safe deposit box, ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . The videos they have are pretty good actually. They have 4 total for it. Normally I would not link to videos of the company but I liked them so I used them. They even suggested the safe deposit box. It seems like they understand their product pretty well. I suggest for everyone to look into hardware wallets after a few day's of trying it.
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notlist3d (OP)
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December 14, 2015, 03:40:28 AM |
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Been using it for a few day's. Works very well it actually is pretty quick considering the amount of security it gives you.
Even if you are not in the market for a KeepKey I highly suggest looking into hardware wallets.
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megatron1337
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December 14, 2015, 04:19:32 AM |
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Great review buddy. It really is a neat peice of hardware. Only thing that sucks is obviously the price but it's definately something that I wouldn't mind owning!
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lolgato
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December 14, 2015, 04:34:48 AM |
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I would love to have one but it doesn't ship to my country and it seems to be on the expensive side.
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USB-S
Sr. Member
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December 14, 2015, 05:13:21 AM |
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I would love to have one but it doesn't ship to my country and it seems to be on the expensive side.
Look up trezor, maybe their unit suits you better. It's 1/3 of the price with the same functionality. Comparing the two devices is like comparing any android phone and apple phones. With one you pay premium for the image that the company has built. I bough myself a trezor over the weekend, I like the idea of hardware wallets, that never touch internet. Will see how that works out.
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lolgato
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December 14, 2015, 05:16:50 AM |
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I would love to have one but it doesn't ship to my country and it seems to be on the expensive side.
Look up trezor, maybe their unit suits you better. It's 1/3 of the price with the same functionality. Comparing the two devices is like comparing any android phone and apple phones. With one you pay premium for the image that the company has built. I bough myself a trezor over the weekend, I like the idea of hardware wallets, that never touch internet. Will see how that works out. Went to the website still doesn't ship to my country and I don't feel like using extra fees to reship and I don't want to spend my bitcoins I want to spend fiat.
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USB-S
Sr. Member
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December 14, 2015, 05:27:42 AM |
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I would love to have one but it doesn't ship to my country and it seems to be on the expensive side.
Look up trezor, maybe their unit suits you better. It's 1/3 of the price with the same functionality. Comparing the two devices is like comparing any android phone and apple phones. With one you pay premium for the image that the company has built. I bough myself a trezor over the weekend, I like the idea of hardware wallets, that never touch internet. Will see how that works out. Went to the website still doesn't ship to my country and I don't feel like using extra fees to reship and I don't want to spend my bitcoins I want to spend fiat. Maybe you could buy from amazon? You'd maybe have to pay a little bit extra, but you'd get to pay in fiat. Also there are ledger wallets, but they offer a bit less functionality than trezor and keepkey hardware wallets. Where do you live if I may ask?
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Duomo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
December 14, 2015, 05:55:19 AM |
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The design and the functionality of the KeepKey Hardware wallet looks beautiful and the interface looks pretty flawless. I'm a little up in the air about justifying it's price tag. I would honestly love to purchase one soon but I kind of wish it was a little cheaper.
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Amph
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December 14, 2015, 08:53:00 AM |
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the only downside, is the price, i don't think it worth more than double the price of trezor just because of a small features added, which are not vital but can only be a preference
i dismissed it for this reason, even i admit it look more techy than the trezor
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ShrykeZ
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December 14, 2015, 09:46:58 AM |
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It is a very aesthetically pleasing device although I don't really think the appearance can justify the premium price tag.
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LiteCoinGuy
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December 14, 2015, 05:05:05 PM |
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notlist3d (OP)
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December 14, 2015, 06:01:25 PM |
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Really I like the design of KeepKey and with the screen is quite large for a hardware wallet. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) But the price its still really high for hardware wallet, but it seems I was interested to buy it next year. I'm really enjoying it. It was my first entry into the hardware wallet area. I was a strong paper wallet supporter. But I have to admit using one has made me like hardware wallets a lot. I think it's really a think you need to try to appreciate. I knew the advantages on specs... but trying it really is a whole different thing.
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