exynos645 (OP)
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September 01, 2013, 08:44:57 PM |
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Why do we still have to use multiple purpose hardware like smartphones and pc for wallets ? Ever since I have known bitcoin I have been waiting for a secure hardware wallet for sending and receiving bitcoins so to introduce bitcoin to my family and people around me that aren't tech savy enough to keep their bitcoins safe. And don't tell me that trezor is a wallet it is just way secure your wallet. We could put up a bounty for the development of of an open source hardware wallet. by single purpose hardware wallet I mean something like the bitcoincard but no need for the mesh network nor for it to be this thin and small =v
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exynos645 (OP)
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September 01, 2013, 09:01:17 PM |
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There is.. Its called Trezor and available for pre-order.
you clearly did not read my post.
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ronimacarroni
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September 01, 2013, 09:04:20 PM |
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I would pay nothing because I'd just use a usb drive if I wanted to store bitcoins offline
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exynos645 (OP)
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September 01, 2013, 09:09:57 PM |
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I would pay nothing because I'd just use a usb drive if I wanted to store bitcoins offline
There is a world of difference between a wallet and a cold storage device.
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Gabi
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If you want to walk on water, get out of the boat
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September 01, 2013, 09:13:23 PM |
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I would pay nothing because I'd just use a usb drive if I wanted to store bitcoins offline
Here we have an example of someone who understood exactly NOTHING about the thread
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infobiactrader
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September 01, 2013, 09:31:02 PM |
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I think that the majority of people who use bitcoin already own smartphones (massive generalization, but chances are if you're savvy enough to use bitcoin, you're savvy enough to own a smartphone). I know that I, owning a smartphone, wouldn't want to carry something else with me. One of the (many) conveniences of bitcoin is that it eliminates the need to carry a wallet full of cash; I think having a hardware wallet seems a little redundant to me. As for those that aren't tech savvy enough to use a smartphone, I think giving them a hardware wallet would be even worse; now they have ways to lose the coins both physically and electronically. Just my two satoshis.
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Garr255
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What's a GPU?
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September 01, 2013, 09:40:43 PM |
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Is http://www.bitcointrezor.com/ just being poorly marketed or what?
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“First they ignore you, then they laugh at you, then they fight you, then you win.” -- Mahatma Gandhi
Average time between signing on to bitcointalk: Two weeks. Please don't expect responses any faster than that!
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Gabi
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If you want to walk on water, get out of the boat
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September 01, 2013, 09:42:59 PM |
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now they have ways to lose the coins both physically and electronically Thanks to a security passphrase even losing the gadget means no risk to your bitcoins' ownership.
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QuantPlus
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September 02, 2013, 12:48:47 AM |
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The market is smaller than people think.
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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September 02, 2013, 12:01:47 PM |
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It's kinda like apple where their stuff wasn't really useful until it had a large support ecosystem. If web services and exchanges started integrating Trezor into their security, they would be more useful, but Trezor relies on a different type of security model for handling bitcoin. It will really be only for desktop clients or other bitcoin services that are under your physical control. It would be nice for blockchain to support it though (I'm sure they will) until using it is simpler, or the things to use it with are more widespread, it will remain a niche product. Although I plan to buy one quite soon.
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more or less retired.
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Trongersoll
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September 02, 2013, 08:03:09 PM |
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you can not have a totally offline device for an online reality.
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flagel8
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September 02, 2013, 08:29:38 PM |
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Actually, this is what I want too. But make the device robust. G-Shock robust. Cover it with scales, so you won’t drop it easily, and put a lanyard on it so you can’t drop it at all, say, when you are sightseeing at Niagara Falls and transferring BTC to a client...
Or what if Casio made an actual G-Shock Bitcoin wallet? More useful than Tide information in Omaha I’d say. Although I still want sunrise/sunset alarms. That’s just me though.
Many options exist for security, I won’t go into them here.
And just as some coin wallets have numerous compartments for whatever, being able to hold several different currencies might not be a bad idea. Mintchip, anyone? And some fiat as well, for gasoline/snack purchases maybe. Cambodian Tire money? Timbitcoins?
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Mjbmonetarymetals
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September 02, 2013, 09:41:43 PM |
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Bitrated user: Mick.
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Moogle
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KUPO!
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September 02, 2013, 09:52:32 PM |
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really cant see a need for this type of thing. if you are worried about family members not being able to handle security etc then give them an online wallet like inputs.io and they can use it like paypal. I really cant imagine someone using bitcoin who wouldnt have a smart phone O_o
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Its About Sharing
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Antifragile
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September 02, 2013, 10:09:44 PM |
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really cant see a need for this type of thing. if you are worried about family members not being able to handle security etc then give them an online wallet like inputs.io and they can use it like paypal. I really cant imagine someone using bitcoin who wouldnt have a smart phone O_o
Are you suggesting using a smartphone to hold a lot of BTC's on? That is pretty dangerous. A hardware wallet has it's own problems, but getting hacked is pretty far down the list. EMP is the other (I think). I'm surprised we don't hear more about Trezor and hardware wallets. I do think something simpler (or cheaper) will shortly (next year or so) be developed. IAS
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BTC = Black Swan. BTC = Antifragile - "Some things benefit from shocks; they thrive and grow when exposed to volatility, randomness, disorder, and stressors and love adventure, risk, and uncertainty. Robust is not the opposite of fragile.
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Gabi
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If you want to walk on water, get out of the boat
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September 02, 2013, 10:29:36 PM |
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really cant see a need for this type of thing. if you are worried about family members not being able to handle security etc then give them an online wallet like inputs.io and they can use it like paypal. I really cant imagine someone using bitcoin who wouldnt have a smart phone O_o
Please explain me how a smartphone is more secure than a pc. Viruses exist for smartphones too
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flagel8
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September 03, 2013, 06:20:28 PM |
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... Well, I am blown away by this! Not at all what I envisioned, but Stunning! Applause, Sir!
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cor
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September 11, 2013, 08:38:59 PM |
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I originally thought the Trezor was a Bitcoin safe rather than just keeping your bitcoins safe - been hoping for a standalone device but must be in the minority - there's nothing more uninspiring than Bitcons on a USB stick.
There are some explanations on the TREZOR FAQ page on the differences between TREZOR and a USB, an encrypted wallet, a yubikey etc... http://www.bitcointrezor.com/faq/#comparing-trezorfor example the difference between a USB and TREZOR: "A USB flash drive is just a storage for private keys. It means that when you want to make a bitcoin transaction, you must attach your drive to the computer and let your bitcoin software read the keys from the device. At this point your private keys are accessible to viruses and malware, just as to any other software on your desktop computer. On the contrary, TREZOR is a single-purpose computer, which stores your private keys and actively signs bitcoin transactions without sending your private keys to the computer. When you want to make a bitcoin transaction, your bitcoin software just sends a transaction template to the TREZOR device and asks for a digital signature. TREZOR shows the requested amount and target address on its display. You will then confirm the transaction by pressing the hardware button. Then TREZOR signs transaction internally and sends the digital signature back to the computer, without leaking your private keys. Thanks to this, you can use TREZOR even on a vulnerable or hacked computer."
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westkybitcoins
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Firstbits: Compromised. Thanks, Android!
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September 12, 2013, 06:41:17 AM |
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really cant see a need for this type of thing. if you are worried about family members not being able to handle security etc then give them an online wallet like inputs.io and they can use it like paypal. I really cant imagine someone using bitcoin who wouldnt have a smart phone O_o
Please explain me how a smartphone is more secure than a pc. Viruses exist for smartphones too Well, I'd imagine the average non-Windows smartphone (the majority) to be notably more secure than the average Windows PC (the majority,) given equal amounts of effort put into securing the device. But really, I think a reasonably-secured smartphone--or just one that's dedicated to the purpose--functions fairly well as a suitable hardware spending wallet, especially for anyone experienced with Bitcoin.
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Bitcoin is the ultimate freedom test. It tells you who is giving lip service and who genuinely believes in it.
... ... In the future, books that summarize the history of money will have a line that says, “and then came bitcoin.” It is the economic singularity. And we are living in it now. - Ryan Dickherber... ... ATTENTION BFL MINING NEWBS: Just got your Jalapenos in? Wondering how to get the most value for the least hassle? Give BitMinter a try! It's a smaller pool with a fair & low-fee payment method, lots of statistical feedback, and it's easier than EasyMiner! (Yes, we want your hashing power, but seriously, it IS the easiest pool to use! Sign up in seconds to try it!)... ... The idea that deflation causes hoarding (to any problematic degree) is a lie used to justify theft of value from your savings.
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crazy_rabbit
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RUM AND CARROTS: A PIRATE LIFE FOR ME
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September 12, 2013, 07:06:17 AM |
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Honestly I think Piper is going in the direction of being a single purpose bitcoin wallet. Already it handles printing all your Private key needs. Not much of a leap to see it also handle your wallet as well. I think we will see single purpose bitcoin devices, some people would appreciate them. I certainly would.
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more or less retired.
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