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Author Topic: Can we 100% trust hardware wallets?  (Read 140 times)
vapourminer
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what is this "brake pedal" you speak of?


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June 11, 2018, 04:25:09 PM
 #21

If you break it, it's gone... So you can't trust hardware wallets for 100%. Put it in a safe and you're getting close to 100%.

wrong.

trezor/nano use a list of seed words to create the wallet. if the device is lost/breaks you put the seed words in a compatible wallet, everything is restored.

lookup "BIP39" i think thats the protocol they use.
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Bimaab
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June 12, 2018, 11:40:19 AM
 #22

The best thing you can do is to make your crypto transactions from a computer you never use otherwise. If all the people want to trust hardware wallets, especially if they are transacting actively all the days, they have to remember they are a black-box that they don’t know what vulnerabilities they have.

still possible to be hacked in some way with a phishing site or a physically installed virus and such, while a hardware wallet can be plugged in to the worst virus computer in the world with no risk involved.

So, The best wallet with a good encryption can be hacked?  You can advice me for a tips about the wallets!! 10x
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June 12, 2018, 12:27:13 PM
 #23

No wallet is worth your absolute trust. Those hackers can even infiltrate the exchange, so do not think that there is a wallet that is safe, but you can improve your wallet's security through more careful operation, especially the private key, which can never be disclosed to anyone,You also have to be very careful when opening a website. Carefully screen it if it is a phishing website.
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June 12, 2018, 12:28:25 PM
 #24

So, The best wallet with a good encryption can be hacked?  You can advice me for a tips about the wallets!! 10x
Yes? What good does the best encryption in the world if the hacker will see your password (due to your computer having a keylogger/trojan) and be able to decrypt your wallet in a matter of seconds?

It's literally impossible to get a virus on your hardware wallet. And connecting it in an infected computer doesn't do any harm as well since the private keys never touches the computer.

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June 12, 2018, 03:29:07 PM
 #25

hard wallets companies are also own by people like us. Their product is software base so you cant rely anything 100% nothing is unhackable but, offline wallets or hard wallets are safer than online wallets because to get access to your wallet it first requires to attach your hard wallet with your system.

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June 12, 2018, 04:12:38 PM
 #26

No purse will provide 100% protection against all known methods of attack, including force majeure. However, Trezor and Ledger are very close to this, provided that you buy the device directly from the company or from an approved retailer.
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June 12, 2018, 05:24:26 PM
 #27

Even though it acts as a standalone device, it can be tampered with before you bought it or after you have set it up. There was just an incident with this, so you should assume every system isn't perfect. However, if you're going to choose a wallet, Ledger Nano or Trezor would be a better bet than something that works online.

Hope this helps!

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June 12, 2018, 09:25:41 PM
 #28

Buy it from right developer (trezor or ledger) and you cant afraid from them Smiley had this too and had no problem
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June 12, 2018, 09:54:19 PM
 #29

Nothing in this life specially crypto world is trusted 100 percent but so far hardware wallet is the best secure wallet for daily spend , so try to increase your security by keeping secert words in safe place .

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June 14, 2018, 04:42:55 PM
 #30

Is there any way that Trezor company can get our tokens? is it possible?
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