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Author Topic: Would you buy a hardware wallet?  (Read 24628 times)
iVory1
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August 14, 2014, 10:01:41 PM
 #21

Yes, yes I would  Grin
Kluge
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August 14, 2014, 10:05:05 PM
 #22

No. I'm in the middle of nowhere and rarely make in-person purchases. If I bought one, I'd only use it maybe once a year on trips. I would definitely consider a USD<->BTC "on-demand convertable" debit card, though, assuming there weren't any time-based dues regardless of use.
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August 15, 2014, 05:39:25 AM
 #23

No. I'm in the middle of nowhere and rarely make in-person purchases. If I bought one, I'd only use it maybe once a year on trips. I would definitely consider a USD<->BTC "on-demand convertable" debit card, though, assuming there weren't any time-based dues regardless of use.

I share this sentiment although I'd probably purchase a hardware wallet for the novelty. At this stage I barely make any purchases in-person using bitcoin so it wouldn't get a lot of use.

ondratra
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August 20, 2014, 12:06:23 AM
 #24

perhaps bluetooth?

Most important is plug and play on any computer without user action like installing drivers, if it can be done with bluetooth, why not, but USB has every computer and bluetooth only some computers.

The most important function is security though

And your second sentense tell why bluetooth is not an option - not secure.
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August 21, 2014, 02:20:58 PM
 #25

Online wallet are not so secure. There is always a chance of being hacked. That's why i think hardware wallet are really secure.
zolace
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August 22, 2014, 11:35:12 AM
 #26

I believe i would love to see a hardware wallet with GPS tracking in case you lose the hardware wallet you can find it easy with a beep it, come on guys get more inventive!!!!

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August 22, 2014, 10:55:56 PM
 #27

No, never.
I travel a lot and I don't want to carry any additional device besides my laptop and my tablet.
I believe it's one of BTC's greatest asset that it's immaterial. I don't want to change that.

I used to be a citizen and a taxpayer. Those days are long gone.
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August 23, 2014, 11:02:20 AM
 #28

Trezor seems a bit expensive for something that small and simple.
But people buying iphones because of...? They are small actually simple and cost way more than a Trezor...
There are enought people with several hundreds of bitcoins and 130$ isnt really much compared to that.
Exactly it takes so little to make an iphone yet people keep buying those, stupid.
I am planing on buying a hardware wallet indeed. I think that it's my safest bet of keeping my coins stored. $130 is a small amount really.
Some physical bitcoins go for around the same price I think.

True.

Btw, it may not make sense to buy a Trezor to keep your 0.1 btc safe, but what if you have 100 btc? Wink
btcguys
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August 23, 2014, 03:14:18 PM
 #29

It is not safe that trezor stores recovery seed online.
trust yourself only and create paper wallets. if you need to spend BTC offline then use Electrum to broadcast transactions from offline pc.
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August 25, 2014, 04:44:34 AM
 #30

I think Hardware wallet would be more believable security wise so chances are that there is a good market for this.


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feryjhie
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August 25, 2014, 06:58:24 AM
 #31

i would buy 1 but in my country the price is too high
webbrowser
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August 25, 2014, 01:40:58 PM
 #32

Yes, I'd buy one. But what would you have that trezor hasn't already done?

I also like the idea of eventually using trezor for other things, etc. password manager.
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August 26, 2014, 08:45:39 AM
 #33

Of course I would buy if of without further thinking,anything goes off that's related to security and bitcoin preservation is worth trying
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August 26, 2014, 08:58:07 AM
 #34

Definitively if it cost around USD 30. Keep it very simple but secure. Hardware transaction signing is necessary given how much people computers are infected, without it Bitcoin cannot be adopted to the masses
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August 27, 2014, 11:21:04 AM
 #35

With things like Multi-sig popping up everywhere, do you think this negates some of the pressing need for Hardware wallets?

It's still interesting security wise to make one part of the signature harder to steal, if the wallet is cheap enough - this is actually a good use case for our upcoming smartcard based wallet which will be demonstrated at launch with a multisig wallet partner.


webbrowser
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August 27, 2014, 12:21:09 PM
 #36

Would that be a smartcard based wallet with a display like the trezor so that we can visually validate the transaction?
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August 27, 2014, 12:23:08 PM
 #37

Yes if the hardware wallet is really secure, and not too expensive..

^  Agree. I would buy one for sure as soon as the price isn't that high and ofcourse the wallet has to be very secure.

And, it has to be easy to manage it.  I'm sure more of these devices will be developed soon as appearently there's definately interest for these products.

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August 27, 2014, 01:24:29 PM
 #38

Would consider that. But really deppends on price, uses I can have for it, secure, etc...
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August 27, 2014, 01:40:07 PM
 #39

Would that be a smartcard based wallet with a display like the trezor so that we can visually validate the transaction?


No, it's only a smartcard, so it has no display - however it can "type" a summary of the transaction as a keyboard, acting as a different second factor validation - for more details, check https://hardwarewallet.com/ ("Application Security") or https://btchip.github.io/btchip-doc/bitcoin-technical.html#_user_validation ("User validation") for a more technical explanation.


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August 27, 2014, 02:47:30 PM
 #40

Would that be a smartcard based wallet with a display like the trezor so that we can visually validate the transaction?

No, it's only a smartcard, so it has no display - however it can "type" a summary of the transaction as a keyboard, acting as a different second factor validation - for more details, check https://hardwarewallet.com/ ("Application Security") or https://btchip.github.io/btchip-doc/bitcoin-technical.html#_user_validation ("User validation") for a more technical explanation.


Ah. My bank's 2fa token is an EMV card that also has a ~ 14 key keypad, a display and a built-in battery so I figured it ought to be possible in a standard smartcard form factor.

If I were to buy a hardware wallet, it would be to protect me if my computer is compromised. The use case where the wallet is stolen and I need to protect against brute force attacks doesn't seem too important, because $5 wrench attack. I'm not really keen on buying a hardware wallet if it doesn't fully cover the case where my computer is compromised.

I guess your solution should be much cheaper than trezor though.
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