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Author Topic: Is hardware wallet can be hacked?  (Read 539 times)
cosmo1 (OP)
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June 04, 2018, 06:37:50 AM
 #1

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
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Payers
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June 04, 2018, 06:43:12 AM
 #2

The way Hardware wallets achieve maximum security is by saving your private key and signing your Bitcoin transactions offline so someone who tries to "hack" your wallet remotely can not do it.

Most Hardware wallets also use a second screen / device to verify actions on your wallet such as signing transactions. In this way, if a hacker gains control over your computer, he still can not be dangerous as it requires access to the physical devices connected to your computer as well.
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June 06, 2018, 09:46:41 AM
 #3

Bitcoin hardware is the safest chip they made based on this from my perspective there is no way to hacked btc hardware because its made for security and many data’s like public key and private key also many information’s is stored there so there is no reason to hacked.
jseverson
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June 06, 2018, 01:17:04 PM
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 #4

There have been no reported cases of a hardware wallet being hacked remotely without tampering.

Hardware wallets are offline in a sense that they never expose your private keys outside the device itself (the device itself signs your transactions so it never needs to be exposed anywhere else), so unless a massive exploit is able to change that somehow, they're going to be impossible to remotely hack into. They could possibly be cracked with physical access though.

So yeah, to summarize, it has been impossible to remotely hack a hardware wallet thus far, but that can change at any point in the future. They're one of the safest ways to store your crypto, but always keep in mind that you should never be storing all your eggs in one basket.

ShadowBits
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June 06, 2018, 01:18:17 PM
 #5

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Pretty much everything is hackable depends on the one who is hacking and has a good skill on doing it. Humans do learn how to do it every time there will something new.
mustamin88
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June 06, 2018, 01:31:25 PM
 #6

I think Hardware Wallet is the safest. Harwdware swallow Can Secure Cryptocurrency Assets. Hardware Wallets Cryptocurrency is a physical device (often called, USB) that allows you to securely generate and store your private key offline.
alroys
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June 06, 2018, 01:31:40 PM
 #7

I think it could be, so we have to be careful in keeping our hardware Wallet. do not be in the retas irresponsible people. try to imagine if our wallets are gassed, and all the assets we have in steal, it will make us angry mixed sad.
reighbut2017
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June 06, 2018, 01:38:04 PM
 #8

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Yes, because there are so many kinds of hackers today and maybe its safe for long range hacker but we should consider also that some hackers are people we are trusted like our friend and relatives that wan to stole our money.
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June 06, 2018, 01:52:25 PM
 #9

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?

Yes, because there are so many kinds of hackers today and maybe its safe for long range hacker but we should consider also that some hackers are people we are trusted like our friend and relatives that wan to stole our money.

Yes it will hacked when you put it anywhere not in a safety place.Even in the online system hard wallet is easily hacker.
litepresence
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June 06, 2018, 02:04:45 PM
 #10

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?


Everything is hackable. But I am using myetherwallet to protect my tokens and altcoins, i never used metamask wallet so i dont have idea about metamask. But there is no way to hack your MEW without leacking private key. If you incorrectly leak your private key in any scam website you wallet will be easily hack. So while using private key you should causious on that.
VitKoyn
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June 06, 2018, 02:07:02 PM
 #11

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
About the software there are no perfect security system and all has its own vulnerabilities and in the future there will always be a new vulnerabilities that will be discovered and manufacturers will patch it, this is why if you own a hardware wallet, you should always update its software if new patch is released. Hardware wallets can not be hacked if it never been connected on a device that is connected on the internet but can be hacked if someone has physically access the hardware. Remember the man that lost all his savings because all of his cryptocurrencies store on a hardware wallet are gone or hacked? it is because he bought the hardware wallet from a re-seller that might had able to tampered the hardware that he sell and not bought directly from the manufacturer.
BrewMaster
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June 06, 2018, 02:23:45 PM
 #12

the most secure way of storing bitcoin is always going to be an actual offline wallet such as a paper wallet. hardware wallets are not exactly cold storages, they are more like secure storages.
there has been cases of exploits in different hardware wallets that actually leaked private keys. fortunately no serious losses has been recorded as far as i can tell but as you can see there is no 100% safety.

There is a FOMO brewing...
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June 06, 2018, 02:30:19 PM
 #13

I don't hear any report that hardware wallet being hacked till now without tampering.
but you know nothing is safe 100%. And I though hacker will can't hack it without physical hardware in his hand or you let it connect to Internet 24/7.
I hope they will never can do it, just pray

Masha Me1
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June 06, 2018, 02:31:10 PM
 #14

I do not think that a hardware purse can be easily cracked, it was not so carefully invented and perfected for it
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June 06, 2018, 02:32:06 PM
 #15

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?
it's not that easy the wallet can be hacked by the damn hacker, bitcoin wallet many ways overcome it like a password with the verification of the phone number we have, it is very strong to secure our bitcoin wallet


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Alex Foman
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June 06, 2018, 02:33:07 PM
 #16

I think that unfortunately it is possible, my guess is that the computer to which the hardware purse is connected may or has been hacked in one way or another.
Milla Kross
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June 06, 2018, 02:35:30 PM
 #17

There are suggestions that it is possible, for example, an intruder can take possession of the device before or after its initialization by the user.
prediction on bush
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June 06, 2018, 02:37:34 PM
 #18

The software wallet is connected to an internet,so when it is connected to internet the wallet can be hacked.Like software wallet is hardware wallet can be hacked?Is it possible to hack?Is hardware wallet completely offline?



I think no because hardware wallet is safest wallet and i think this is not connected on the internet so your private key and your bitcoin are safe to this wallet.
Karina 3340
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June 06, 2018, 02:39:09 PM
 #19

I believe that it can and it is possible but it needs to be a super hacker, devote it all the time, hardware wallets have a good level of protection.
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June 06, 2018, 02:39:51 PM
 #20

it is the only secured wallet available as of today and cannot be hacked!
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