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Author Topic: Hardware Cryptowallet with Fingerprint Authorization  (Read 441 times)
shield132
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October 22, 2020, 10:39:28 AM
 #61

At some point it's good that they follow the technological trends but I don't think that hardware wallet with fingerprint authorization is a good idea, it's very dangerous.
First of all it's very easy to fake fingerprint by trying some techniques, for example, 3D printing, getting imagination about his/her fingerprint by touching something from his/her side and then working on making a fake one. Also, what if somehow happened like you fall asleep and someone tries to have an access on your wallet by using your finger while you are asleep? What happens if you seriously scratch your finger? There are a lot of cons in this subject.

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October 22, 2020, 10:52:28 AM
 #62

At some point it's good that they follow the technological trends but I don't think that hardware wallet with fingerprint authorization is a good idea, it's very dangerous.
First of all it's very easy to fake fingerprint by trying some techniques, for example, 3D printing, getting imagination about his/her fingerprint by touching something from his/her side and then working on making a fake one. Also, what if somehow happened like you fall asleep and someone tries to have an access on your wallet by using your finger while you are asleep? What happens if you seriously scratch your finger? There are a lot of cons in this subject.

Good point, but:
(based on my iOS experience only)

1) you can not unlock iphone 7 or lower with printed on 3D printer finger. It wont unlock also if you put a adhesive tape with clear fingerprint on it.
2) you can not unlock iPhone X and above models with photo of a face or same printed head on 3D printer.

If you scar your fingerprints with a cut, or temporarily lose them through abrasion, acid or certain skin conditions, fingerprints lost in this way will grow back within a month.

If someone tries to unlock cryptowallet while your asleep, well, these kind of people wont hesitate waking you up in case they fail and gain the access by force.

 
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AakZaki
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October 22, 2020, 05:24:26 PM
 #63

Technology keeps moving and this kind of product is for me not so incredible, Fingerprint sensors are used for ordinary locks for years now and no wonder that it would be implemented on a hard wallet too. The S1 hard wallet is not that revolutionary but it is good that they gave the option to the market if someone wants this kind of feature. It's a common thing to do that the user will take care of the wallet because it contains your assets, It's most likely the same as a luxurious object on how you should treat the wallet.
The Wallet S1 developed by Gate.io is not that revolutionary. The security used is fairly old security technology. nothing special apart from the design that looks futuristic and looks dynamic.
The S1 Wallet is a cheap wallet option that is only priced at $ 50, perfect for beginners who want to have their first hardware wallet.
Of course in the future there will be other developments. there may be additional security in the next wallet series.
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October 22, 2020, 06:09:29 PM
 #64

Nowadays, fingerprints can be imitated with the help of technology. On the other hand, these devices are also connected to a privatekey. It is safer for me to write and keep the Privatekey on paper. It would be much more secure if a wallet is created from a computer without an internet connection and if the private key is stored offline.
imstillthebest
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October 22, 2020, 07:56:26 PM
 #65

Nowadays, fingerprints can be imitated with the help of technology. On the other hand, these devices are also connected to a privatekey. It is safer for me to write and keep the Privatekey on paper. It would be much more secure if a wallet is created from a computer without an internet connection and if the private key is stored offline.

it is conncected ? it only ask for fingerprint to open the wallet? that would still be easily accesible. theres methods that are leaked online which shows how unathorized people access the devices that are lock by fingerprint system  .

 the only advantage of this is its easy as compare to typing your pin or phrase . finger print on a hardware wallet is new but not new on phones and other gadgets  but this is a wallet and it holds money , nothing else   . what they are thinking ?
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