🔥Satochip🔥 Hardware wallet on smart card (USB/NFC)

[dkbit98]

Vlad from Bitcoin Takeover is making interesting Bitcoin related videos as well as articles on his website and BTCTKVR Magazine.
In one oft he videos he hosted a show with Bastien and Baudoin from Satochip, S15 E20:
https://youtu.be/B7i_dgRZgBI

Another cool video from Crypto Guide showing how modified SeedSigner can work with SeedKeeper and Satochip cards:
https://youtu.be/Rhs9z5uL7qg

[1714713761]

1714713761

[Tibu]

-----------------------------------------------------------------------------------------------------------------------------------------------------------------
Discover more about Satochip
Watch or listen to the Bitcoin TakeOver Podcast from Vlad Costea
-----------------------------------------------------------------------------------------------------------------------------------------------------------------




Timeline

• Introduction (00:00:48)
• Introducing Bastien and Baudoin, creators of Satochip,.Creation of Satochip (00:02:46)
• On starting a bitcoin business, the use of smart card technology, and the development of Satochip.Defining the Product (00:06:31)
• Defining Satochip as a hardware wallet and discussing the security measures and convenience of using it.Comparison with Other Wallets (00:12:02)
• Differentiating Satochip from Trezor and Ledger, focusing on security and convenience.Product Differences (00:13:41)
• Explaining the differences between Satochip, Seedkeeper, and Satodime in terms of use and purpose.Security Measures (00:14:46)
• Detailing the security features of Seedkeeper for storing seed phrases and the benefits of using Satodime.Live Demo (00:18:26)
• Conducting a live demonstration of initializing and using Satochip with Sparrow Wallet.Seedkeeper Tool (00:25:33)
• Demonstrating the Seedkeeper tool for generating and importing seed phrases onto the secure element.The secure element and mnemonic phrase (00:29:02)
• Explanation of how the secure element stores and protects the mnemonic phrase, including the ability to export and backup the phrase.Open source software and firmware (00:32:05)
• Discussion of the open-source nature of the software and firmware used in Satochip, including the ability for users to compile and load the firmware on their own.Seedkeeper and offline usage (00:33:47)
• Explanation of the offline usage and support for BIP39 and Electrum seeds in Seedkeeper, emphasizing the security measures in place.Backup solutions and open-source software (00:36:33)
• The importance of open-source software for long-term maintenance and the need for proper backup solutions for seed phrases.Durability and longevity of smart cards (00:39:15)
• The potential of smart cards to outlive other hardware wallets with batteries.Comparison with BTCChip and new features (00:40:22)
• Comparison of Satochip with BTCChip, emphasizing the new features and support for taproot using Schnorr signatures.Sparrow Wallet demonstration with Satochip (00:42:14)
• Demonstration of setting up a hardware wallet using Sparrow Wallet and Satochip, showcasing the simplicity of the process.Integration with mobile applications (00:49:19)
• Working to integrate Satochip with mobile applications, aiming to provide a convenient and secure experience for users.Convenience and security of hardware wallets (00:53:36)
• Hardware wallets' potential for day-to-day transactions and the assurance of true ownership of private keys.Open-source secure element and ongoing efforts (00:56:02)
• Explanation of the limitations in achieving 100% open source for hardware wallets using secure elements, with a mention of ongoing efforts to develop an open-source secure element.The difference between smartcards and secure elements (00:56:53)
• Explanation of the standard called java card and interoperability between smartcards vendors.Comparison of Satochip and ledger in terms of open source (00:57:55)
• Discussion on the open-source nature of Satochip and the ability to build one's own hardware wallet.Updates and firmware support for Satochip (01:00:14)
• Explanation of the update process for Satochip firmware and the need for firmware updates.Elevator pitch for Satochip (01:03:39)
• Explanation of how to explain Satochip to someone who is not familiar with hardware wallets.Misconceptions about the use of Satodime for spending Bitcoin (01:05:36)
• Clarification that Satodime is not for spending Bitcoin but for securely storing it.Support for Taproot and third-party wallets (01:07:23)
• Backup solutions for Satochip, Satodime, and Seedkeeper (01:12:58)
• Creative use cases for Satochip, Satodime, and Seedkeeper (01:19:19)
• Hiding the hardware wallet, plausible deniability, and creating a tip jar.Selling of Bitcoin Heads and potential risks of NFTs on the Bitcoin network (01:22:55)
• Discussion on the selling of Bitcoin Heads and the potential risks associated with NFTs on the Bitcoin network.Use case for avoiding dishonesty in miners through asset trading (01:24:51)
• Explanation of how trading assets on physical cards can avoid incentivizing miners to act dishonestly.NFTs and Collectibles (01:25:08)
• Creating and collecting NFTs on counterparty and Bitcoin, then making them into collectible cards.Device Purchase and Pricing (01:28:36)
• Information on purchasing Satochip, Satodime, and Seedkeeper from the web shop, including pricing and shipping options.Security and Screen Importance (01:31:18)
• Satochip's security features and the absence of a screen, along with the option for extra security through a mobile application.Project Updates and Open Source (01:32:35)
• Platforms to follow for project updates, discussion on the open-source aspect, and access to GitHub repository.Inheritance and Use Cases (01:36:14)
• Exploration of using Seedkeeper as a secure way to transmit Bitcoin in the event of the owner's death, emphasizing the importance of inheritance.Conclusion (01:37:21)

----------------------------------------------------------

Links



https://www.youtube.com/watch?v=B7i_dgRZgBI


https://open.spotify.com/episode/5x8ju9Bu8fFulxFOmdDdjQ?si=1d50c9a1dd694935




------------------------------------------------------------------------------------------------------

Contact

Telegram: https://t.me/Satochip
Twitter: https://twitter.com/satochip
Website: https://satochip.io
GitHub: https://github.com/Toporin
Youtube: https://www.youtube.com/channel/UCPmmfB5PpuwMtha9mbaRNlg

[chmod755]

It's a nice chip card.

Do you have custom designs as well?

[dkbit98]

Do you have custom designs as well?

Didn't you saw Satochip already released and offered very interesting limited edition cards with Bitcointalk and The Times Newspaper designs?  

We worked together on this custom design cards and there is a chance for something new to be released if there is enough interest shown.
Basically, almost any design can be made if enough cards are ordered.

[chmod755]

Didn't you saw Satochip already released and offered very interesting limited edition cards with Bitcointalk and The Times Newspaper designs?  

I saw that yes. I mean it would be cool if I could upload an image and get my own personalized Satochip Hardware Wallet (as long as the image is legal, of course)

Edit:

I was confused about your product descriptions at first.

Satochip is the spending card
Satodime is the (cold storage) hodl card
Satokeeper is the seed phrase store