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Author Topic: Lets talk hardware wallets...  (Read 3247 times)
gweedo (OP)
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June 14, 2013, 11:51:19 PM
 #1

So trezor, is now taking pre-orders, and it looks sexy, it is open source and it has a BIP 32 wallet. So I am not married to the device. But should I pre-order it.

I know multibit will support it, but is their a patch for bitcoin-qt that will be released?
Will bitcoind support this? So then I can run a bitcoind for my company and give out addresses without worrying about a hacker.
Will the core developers be officially supporting this device? (Gavin gave it his blessing)
Does anyone know if Armory would be supporting this? I hope armory would support this so then I don't need a whole offline computer just for signing transactions.

Anyone know if I should get this or wait for more competition?

I think Slush is an outstanding member so thank you for developing this much needed tool!
maco
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June 15, 2013, 12:04:17 AM
 #2

Where can I see the pictures of the hardware wallets?

Its a great idea. Keep up the good work.

So trezor, is now taking pre-orders, and it looks sexy, it is open source and it has a BIP 32 wallet. So I am not married to the device. But should I pre-order it.

I know multibit will support it, but is their a patch for bitcoin-qt that will be released?
Will bitcoind support this? So then I can run a bitcoind for my company and give out addresses without worrying about a hacker.
Will the core developers be officially supporting this device? (Gavin gave it his blessing)
Does anyone know if Armory would be supporting this? I hope armory would support this so then I don't need a whole offline computer just for signing transactions.

Anyone know if I should get this or wait for more competition?

I think Slush is an outstanding member so thank you for developing this much needed tool!
Mjbmonetarymetals
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June 17, 2013, 07:41:11 AM
 #3

About time there was a dedicated hardware wallet - http://www.bitcointrezor.com/

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jackjack
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June 17, 2013, 08:01:35 AM
 #4

I know multibit will support it
How? Is there any specs of Trezor out there?

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
Scrat Acorns
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June 17, 2013, 08:06:53 AM
 #5

I like Trezor and I will most likely be ordering a few.

Hardware wallets are needed in order for Bitcoin to get to the next level. Getting the average user to secure their computing environment against malware is a next to impossible task, and hardware wallets circumvent this issue.

I suspect we'll be seeing more projects of similar nature materialize in the coming months.
TeeBone
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June 17, 2013, 08:36:15 AM
 #6

As a non-techie waiting on the sidelines cuz of security concerns, im very excited about this.

Hope it turns out well, cant wait to buy my first bitcoins !
jackjack
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June 17, 2013, 08:52:00 AM
 #7

I know multibit will support it
How? Is there any specs of Trezor out there?

http://www.bitcointrezor.com/#testimonials look at Jim Burton's quote. No specs or information about how to support it, but if you talk to Slush I bet he would allow you to see it, if you could add support to a client or something.

Thanks

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
junglist.massive
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June 17, 2013, 10:52:21 AM
 #8

looks cool but I think that mobilephones will take a role o wallets in future
jackjack
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June 17, 2013, 10:53:16 AM
 #9

looks cool but I think that mobilephones will take a role o wallets in future
NFC-Trezor

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
Abdussamad
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June 17, 2013, 10:55:44 AM
 #10

As a non-techie waiting on the sidelines cuz of security concerns, im very excited about this.

Hope it turns out well, cant wait to buy my first bitcoins !

It isn't that bad. Buy your first coins now.
bitcoinchecker
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June 17, 2013, 10:58:16 AM
 #11

looks cool but I think that mobilephones will take a role o wallets in future

That still doesn't eliminate the need for a simple, non-technical way of backing up and storing private keys offline.

I believe future versions of trezor will also be available for mobile use.

I like this product and it is a step in the right direction as far as increasing confidence through better security for users.

Quality Bitcoin T-shirts for sale http://thevillageidiotme.ipage.com/shop.html
Abdussamad
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June 17, 2013, 11:10:03 AM
 #12

To answer the OP's question you should wait because of the following reasons:

- First version of anything is usually buggy. You should wait until this is tested in the wild and subject to abuse by hackers worldwide.
- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
- With time there will be better wallet support.

Reasons not to wait are:

- You are an early adopter and want to support this work.
- Impatience. It might take a while before the Chinese get into action and before we have improved software support.
junglist.massive
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June 17, 2013, 11:12:04 AM
 #13

maybe you're right but it's another gadget in my pocket
jackjack
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June 17, 2013, 11:44:24 AM
 #14

- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
Abdussamad
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June 17, 2013, 11:45:50 AM
 #15

- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money

What do you think is under the hood of the computer you are currently using?
jackjack
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June 17, 2013, 11:53:07 AM
 #16

- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money

What do you think is under the hood of the computer you are currently using?
You mean the computer containing my wallet, which is not connected to internet?
I check every transaction it produces, and when I received it it didn't contain any keys.

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
JimCGSavings
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June 17, 2013, 12:03:46 PM
 #17

looks cool but I think that mobilephones will take a role o wallets in future

That'd be a cool project for them. The Trezor Smartphone! (grin)
Abdussamad
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June 17, 2013, 12:11:42 PM
 #18

- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money

What do you think is under the hood of the computer you are currently using?
You mean the computer containing my wallet, which is not connected to internet?
I check every transaction it produces, and when I received it it didn't contain any keys.

Whatever man. Trezor is not going to be made in Europe. It too is going to be manufactured in China. In time there will be dozens of reputable companies that will offer this device and prices will go down.
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June 17, 2013, 12:15:40 PM
 #19

How is Trezor safe against protocol changes?

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jackjack
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June 17, 2013, 12:17:38 PM
 #20

How is Trezor safe against protocol changes?
I think its purpose it to sign with an ECDSA private key the data you send to it.
So if the changes are not too deep (like changing the elliptic curve used by bitcoin) it will be ok

Own address: 19QkqAza7BHFTuoz9N8UQkryP4E9jHo4N3 - Pywallet support: 1AQDfx22pKGgXnUZFL1e4UKos3QqvRzNh5 - Bitcointalk++ script support: 1Pxeccscj1ygseTdSV1qUqQCanp2B2NMM2
Pywallet: instructions. Encrypted wallet support, export/import keys/addresses, backup wallets, export/import CSV data from/into wallet, merge wallets, delete/import addresses and transactions, recover altcoins sent to bitcoin addresses, sign/verify messages and files with Bitcoin addresses, recover deleted wallets, etc.
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