mendace (OP)
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April 29, 2023, 09:25:30 PM |
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You read the title correctly, it's all true and we're even talking about a blockstream Jade wallet. I must specify that for the moment I have only ordered the hardware and I'm waiting for delivery, the times are very long but with only 8 dollars you can "build" your own secure hardware wallet with Jade. By reading this guide and by purchasing this device you can try. or if you want to try but spending a little more then try these two STICK PLUS and BASIC COREIf you try, let me know how it went. I also leave you a demonstration video that explains https://www.youtube.com/watch?v=PeqP6oVnlIs
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The Cryptovator
Legendary
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Crypto Casino and Sportsbook
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April 29, 2023, 09:32:41 PM |
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I am not acquainted with Jade wallet, and this is my first encounter with it. I am intrigued to know how you stumbled upon this wallet and what measures you have taken to ensure its safety as a hardware wallet. Given the wallet's low price, I am concerned about its security. Have you come across any reviews or feedback on its safety? I recommend exercising caution while storing your assets there. It would be wise to test it out yourself before recommending it to others and sharing your experience. Ultimately, prioritize the security of your funds above all else.
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Nwada001
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April 29, 2023, 09:52:39 PM |
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In as much as I am looking to get a hardware wallet for myself at a cheaper rate, I should also exercise caution because doing so usually comes with a greater risk. As such, even if I bookmark this, I will probably wait for a review from one or two trustees, not any reviews online because they can probably be paid reviews, and detailed information regarding how secured the wallet is. Maybe by then I will have to order some more. Right now, it will really not be a good idea for someone with zero experience to grab hardware without a solid positive rating.
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Hispo
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April 29, 2023, 10:11:49 PM |
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While it think this is a cool project which I personally see myself doing, I would not recommend anyone to go and deposit the bulk of their Bitcoin in one of those, just a reasonable quantity. It looks rather fragile.
However, I can appreciate this tutorial being out there for people who may live in a country where Bitcoin and crypto currency in general are frown upon or even those holding it being prosecuted. Realistically, one could buy the parts on internet and build it oneself. It is an alternative in that context.
I am not familiarized with the Jade wallet, but I must admit that the original/official model looks interesting.
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PX-Z
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April 29, 2023, 10:45:28 PM |
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I am not acquainted with Jade wallet, and this is my first encounter with it. I am intrigued to know how you stumbled upon this wallet and what measures you have taken to ensure its safety as a hardware wallet. Given the wallet's low price, I am concerned about its security.
In as much as I am looking to get a hardware wallet for myself at a cheaper rate, I should also exercise caution because doing so usually comes with a greater risk. As such, even if I bookmark this, I will probably wait for a review from one or two trustees, not any reviews online because they can probably be paid reviews, and detailed information regarding how secured the wallet is.
The firmware that will be used in this DIY HW wallet is from Blockstream jade hardware wallet itself. Blockstream is the developer of Blockstream wallet, jade HW wallet, Blockstream explorer, the bitcoin liquid and the devs who acquire/continuing the development of GreenAddress wallet. It's much more technical than other existing HW wallets and more interesting to be exact as personal project. Knowing the source code of the firmware is open source and used the same on its official jade HW wallet i assumed this is audited by other developers so it's i guess its safe, only if followed the correct instructions since its more in technicality and NOT a newbie friendly.
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Stalker22
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April 29, 2023, 11:41:53 PM |
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I think I have seen something like this before, it was posted by dkbit98 about " LNbits DIY Wallet". I am not sure if it is the same DIY wallet or just a similar hardware with different firmware. Anyway, it looks pretty cool, but to be honest, I don't have much experience with electronics or DIY stuff like this. It's a bummer because I'm sure it would be fun to work on something like that.
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ilovealtcoins
Sr. Member
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SmartFi - EARN, LEND & TRADE
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April 29, 2023, 11:57:13 PM |
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I first heard about this wallet, although it is very cheap, there is no guarantee that your bitcoins will be safe when stored with Jade wallet. Meanwhile, we already have good reputation wallets like Trezor or Ledger, they are certified as secure for our bitcoins. Although they cost more, it guarantees the safety of our bitcoins. If you are really serious about your bitcoin, don't be afraid to spend a few tens of dollars for a better and more secure wallet, I think everything has its price, nothing cheap but good.
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vv181
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April 30, 2023, 12:57:25 AM |
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Specifically, the DIY information link is on https://github.com/Blockstream/Jade/tree/master/diy. Over there listed many advantages and disadvantages between different hardware for this purpose. Though, the referred Youtube video is the complete one and might guide step-by-step. I do too intend to replicate this DIY, still waiting to get the hardware since I have to order it overseas. Given the wallet's low price, I am concerned about its security. Have you come across any reviews or feedback on its safety? I recommend exercising caution while storing your assets there.
detailed information regarding how secured the wallet is.
This kind of stuff is completely different from its original Jade wallet in regard to safety and security. It rather more preferably done as a hobby instead of making it as the main hardware wallet choice. The original Jade HW is 65$ and this guide ranges from 10$ to 50$ and still has different features compared to the original ones. Regular users might want to try it to get a grasp of how HW generally works, but should not use it as a way to store bitcoins.
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entebah
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April 30, 2023, 01:10:02 AM |
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In as much as I am looking to get a hardware wallet for myself at a cheaper rate, I should also exercise caution because doing so usually comes with a greater risk. As such, even if I bookmark this, I will probably wait for a review from one or two trustees, not any reviews online because they can probably be paid reviews, and detailed information regarding how secured the wallet is. Maybe by then I will have to order some more. Right now, it will really not be a good idea for someone with zero experience to grab hardware without a solid positive rating.
you need to research it first and look at the youtube video. i even watch the youtube video but it seems pretty hard to compile all the hardware into a working wallet. i believe it's better to buy the cheapest trezor wallet which is around 70$ for you.
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Iranus
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April 30, 2023, 01:20:34 AM |
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In as much as I am looking to get a hardware wallet for myself at a cheaper rate, I should also exercise caution because doing so usually comes with a greater risk. As such, even if I bookmark this, I will probably wait for a review from one or two trustees, not any reviews online because they can probably be paid reviews, and detailed information regarding how secured the wallet is. Maybe by then I will have to order some more. Right now, it will really not be a good idea for someone with zero experience to grab hardware without a solid positive rating.
you need to research it first and look at the youtube video. i even watch the youtube video but it seems pretty hard to compile all the hardware into a working wallet. i believe it's better to buy the cheapest trezor wallet which is around 70$ for you. A cheap hardware wallet is something everyone wants, but it will be quite risky with products that are still quite new and have not been tested by the community. I already own a hardware wallet, so I'm not too concerned about this. But I also recommend everyone to buy a wallet with a good reputation in the market like Trezor, because its price is not too expensive compared to the bitcoin value we are holding. For new, unpopular wallets, do not rush to buy cheap, it will be very risky, wait for more reviews from the community of tech-savvy people.
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yhiaali3
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Fully Regulated Crypto Casino
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April 30, 2023, 02:22:45 AM |
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Cheap devices are always scary, the obvious question would be what makes them sell it at such a low price?
People usually buy hardware wallets to store large amounts of bitcoins because these devices have high security, but buying cheap wallets will make people not sleep at night because of worrying about losing their precious bitcoins.
I do not know, but if I have a large amount of gold, for example, I will not venture to build a cheap safe in order to save some money because I am afraid that it will be easy to break. On the contrary, I will pay more money in order to obtain the highest protection.
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Despairo
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April 30, 2023, 04:22:21 AM |
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What I know is Blockstream green wallet isn't really secure because they hold one of your private key, which mean if you want to recover your wallet to other wallets e.g. Electrum, Bluewallet, etc aren't possible, not sure with Blockstream Jade.
The device price is $8, but anyone should understand if you still need to pay the VAT and shipping fees which can be higher than $8. I think people who haven't use hardware wallet aren't because it's expensive, but they just don't want to use it.
As long as you know what you're doing you can use it, but for beginners and don't want to learn, just directly buy a read to use hardware wallet e.g. ledger, trezor.
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mendace (OP)
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April 30, 2023, 05:42:35 AM |
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I am not acquainted with Jade wallet, and this is my first encounter with it. I am intrigued to know how you stumbled upon this wallet and what measures you have taken to ensure its safety as a hardware wallet. Given the wallet's low price, I am concerned about its security. Have you come across any reviews or feedback on its safety? I recommend exercising caution while storing your assets there. It would be wise to test it out yourself before recommending it to others and sharing your experience. Ultimately, prioritize the security of your funds above all else.
The first hardware wallet purpose-built for Liquid. Completely open-source, ideal for storing your bitcoins and Liquid assets. Its main feature is that it is completely open-source, even the firmware can be installed on its own self-built hardware. Being produced by the Blockstream company, for those who do not know it, it is the company founded by Adam Back, an important cryptographer and cypherpunk, inventor of hashcash. Jade integrates seamlessly with Blockstream's various products, such as the Liquid sidechain and the Green wallet. https://blockstream.com/jade/
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KiaKia
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April 30, 2023, 06:30:42 AM |
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Are there users of Jade wallets around or good reviews about this wallet? I will never take the step of been the first tester by risking my money, if people aren't using this wallet stay away from it, I still prefer Trezor and Ledger instead because you can easily find users reviews online, if 10$ is all you can afford do not buy hardware wallet yet, wait till you can as keep your Bitcoin on Electrum wallet until you can purchase a Nano hardware wallet.
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fillippone
Legendary
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April 30, 2023, 09:07:38 AM |
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Are there users of Jade wallets around or good reviews about this wallet? I will never take the step of been the first tester by risking my money, if people aren't using this wallet stay away from it, I still prefer Trezor and Ledger instead because you can easily find users reviews online, if 10$ is all you can afford do not buy hardware wallet yet, wait till you can as keep your Bitcoin on Electrum wallet until you can purchase a Nano hardware wallet.
Ok I am officially onboarded on this project. I will put my greasy hands on a Jade next Wednesday. I also bought some hardware to try a DIY configuration. You’ll hear from me!
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joniboini
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April 30, 2023, 11:51:27 AM |
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I still prefer Trezor and Ledger instead because you can easily find users reviews online, if 10$ is all you can afford do not buy hardware wallet yet, wait till you can as keep your Bitcoin on Electrum wallet until you can purchase a Nano hardware wallet.
I believe the market for each product is different anyway, I doubt anyone who would happily buy a Ledger is interested in DIY products or something similar. Of course, some exception does exist, but the majority of them is definitely not an enthusiast. If anything I believe this product compete with other alternative such as an air-gapped USB device with Electrum or something similar. CMIIW.
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SquirrelJulietGarden
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April 30, 2023, 12:04:43 PM |
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[LIST] Open Source Hardware Wallets[BIG LIST] Hardware wallets (80+)You don't must to buy hardware wallet if your budget is not enough to buy a good one. You should try to save your cost by looking for discount hardware wallet like second-hand ones. You should not buy hardware wallets from unofficial stores and sources as they can set up back-doors to steal your coins later. If you can afford a budget to buy it from official stores, it is good and you should do it. If you can not afford such budget, you can use multi-sign wallet or cold wallet for free software wallet like Electrum. No risk from back-doors. Creating a multisign walletCreating a Cold Storage wallet in Electrum
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paid2
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April 30, 2023, 12:21:33 PM |
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You should try to save your cost by looking for discount hardware wallet like second-hand ones. You should not buy hardware wallets from unofficial stores and sources as they can set up back-doors to steal your coins later.
Doesn't buying a used hardware wallet necessarily mean buying it from an unofficial store? In any case, I will never buy a used hardware wallet, it seems to me to be extremely risky and not worth it. I would rather, if I was looking to spend as little as possible, use Electrum and make a clean cold storage on an old laptop or device I have lying around. The links you mentioned prove that this can be done easily and at a very low cost. You read the title correctly, it's all true and we're even talking about a blockstream Jade wallet. I must specify that for the moment I have only ordered the hardware and I'm waiting for delivery, the times are very long but with only 8 dollars you can "build" your own secure hardware wallet with Jade. By reading this guide and by purchasing this device you can try. I didn't know that (about Jade I mean), thanks OP for sharing. Please give us feedback once you have received everything and finished your wallet! I'm very curious to see the result and whether it is effective or not. The other responses here show that it makes people very sceptical, so I'd like to see the realistic viability of this project.
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Stalker22
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April 30, 2023, 05:29:39 PM |
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Cheap devices are always scary, the obvious question would be what makes them sell it at such a low price?
People usually buy hardware wallets to store large amounts of bitcoins because these devices have high security, but buying cheap wallets will make people not sleep at night because of worrying about losing their precious bitcoins.
I do not know, but if I have a large amount of gold, for example, I will not venture to build a cheap safe in order to save some money because I am afraid that it will be easy to break. On the contrary, I will pay more money in order to obtain the highest protection.
Yes, when it comes to cheap hardware wallets, it is wise to consider the quality of the device and the level of security it offers. It is possible that some manufacturers may cut corners on security features or use lower quality components, which could put your bitcoins at risk. While DIY projects can be satisfying for those who enjoy crafting, they may not be the best choice for less experienced users who are unaware of potential risks. But, if someone is buying a cheap hardware wallet, then it is most likely that they are looking for something to store a small amount of bitcoins. I disagree that it is not possible to find a good quality, cheap hardware wallet. There are some high-quality hardware wallets out there that are very affordable and easy to use, so you don't have to spend thousands of dollars on a device. Besides, a cheap commercial wallet is still a safer option compared to using a hot wallet on a computer or mobile device. In fact, there are far more instances of funds being lost due to malware or phishing attacks than those resulting from hacking a hardware wallet, since the latter generally requires physical access to the device.
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retreat
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April 30, 2023, 05:51:30 PM |
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You read the title correctly, it's all true and we're even talking about a blockstream Jade wallet. I must specify that for the moment I have only ordered the hardware and I'm waiting for delivery, the times are very long but with only 8 dollars you can "build" your own secure hardware wallet with Jade. By reading this guide and by purchasing this device you can try. or if you want to try but spending a little more then try these two STICK PLUS and BASIC COREIf you try, let me know how it went. I also leave you a demonstration video that explains https://www.youtube.com/watch?v=PeqP6oVnlIsThis is actually the first time I've heard of this hardware wallet. Is it reliable? what about security? does it guarantee that the assets stored in it are truly protected? I have a lot of questions about this hardware wallet. What's more, from your explanation it seems quite unfriendly to me, who is a little unfamiliar with hardware wallets and I'm quite worried that when I order this wallet and deposit my bitcoin it's there forever and can't be taken out. To be honest, now I have more faith in hardware wallets like Ledger and Trezor. Even though it is more expensive, it has proven to be reliable, more friendly, and secure for storing crypto assets.
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