CoolBitX
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May 04, 2015, 02:24:26 PM |
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Dear Bitcoiner: CARTES America ( http://www.cartes-america.com/) will be held in Washington D.C. on May 5-7. CoolBitX welcome you to visit our partner SmartDisplayer's booth #217 to have a hands on experience on our CoolWallet for Bitcoin storage, and payment. Come and find out more about us. Time10am – 5pm, 5th May 2015 – 7th May 2015, LocationCARTES AMERICA Exhibition Walter E. Washington Convention Center , Washington, DC Booth 217 Entrance fee Expo Hall: $50
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guitarplinker
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Activity: 1694
Merit: 1024
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May 04, 2015, 11:28:09 PM |
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Looks like an interesting concept, but a really expensive wallet. Don't think many people will be interested in a wallet like that at the current price point. Plus, most people already have a phone and it would be cheaper to just buy a Trezor + OTG cable to use with an Android phone.
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Nick Markus
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May 05, 2015, 08:27:48 AM |
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Looks really good and useful as an idea. Hope its ok in practice too. Someone tried it?
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cenkoa
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May 05, 2015, 07:12:09 PM |
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Actually, GSM modems and phones are very easy to attack with cheap open-source techniques (like OpenBTS), and from there it is direct path to the crypto controller and stealing our money.
It is essentially another cloud wallet, that stores all data needed to spend the money (and private biometric identifiers) on servers. They ask us to trust multiple third parties to say they can be trusted. The hardware is just another mobile phone from 20 years ago reinvented: modem+small screen+keyboard+sensors. It is only a front for the cloud access. Much cheaper to buy an old nokia and dial-up to their servers with the same kind of security.
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Pentax
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May 05, 2015, 07:26:27 PM |
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+1 This company is run by known scammers that reportedly ran a credit card skimming op, and before that ran from Romania to avoid a bust for a credit card fraud operation. https://bitcointalk.org/index.php?topic=716310.msg8093443#msg8093443Their last project, which was miners, was a total bust. they made a series of promises to get people's money and subsequently broke pretty much all of them. Bottom line, their ethics are nonexistent from anything I can tell. Trusting them with a device that stores your BTC and interfaces with your computer is bordering on insane, IMO. They've stolen before, screwed countless people, and I don't see any reason to think they wouldn't do it again.
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jdebunt
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Activity: 1596
Merit: 1010
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May 05, 2015, 07:30:48 PM |
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Still on the fence about the case wallet. I do want one but not sure if I can justify the price compared to how often I'd use it
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defcon23
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Activity: 1120
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May 06, 2015, 06:54:56 AM |
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EricKennedy
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May 06, 2015, 09:24:59 PM |
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Ledger is proud to announce the immediate availability of a low cost version of its Ledger Nano hardware wallet: the Ledger HW1. It is fully compatible and interchangeable with the Ledger Nano, but with a cheaper (and less elegant) plastic form factor. Cost is 15 EUR, including free worldwide shipping.(+ VAT for European countries) https://www.ledgerwallet.com/shopWhen you receive a Ledger HW1, this is what you get: * the Ledger HW1 USB key, on a plastic form factor * a security card * instructions * a recovery sheet You will *NOT* get the following: * the white box packaging * the metal key engraved with "vires in numeris" and Ledger logo * the leather pouch of the security card * the lanyard and rings for the key The key form factor is the main difference between the two products. It is very strong and reliable, but it definitely looks "cheaper" than the Ledger Nano metal counterpart. Also, you'll get the HW1 brand, the plastic key doesn't have any mention of the Ledger brand. Image gallery: http://imgur.com/a/pa2r0
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Nick Markus
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Activity: 42
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May 07, 2015, 08:25:58 AM |
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"Only 1,000 Case wallets will be available for pre-order, with each entry in the initial batch bearing a unique identifier" Impressive, but quite expensive.
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hdbuck
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Activity: 1260
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May 07, 2015, 08:27:12 AM |
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"Only 1,000 Case wallets will be available for pre-order, with each entry in the initial batch bearing a unique identifier" Impressive, but quite expensive. this is a joke. preorders? really? XD
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defcon23
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Activity: 1120
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May 07, 2015, 08:33:11 AM |
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"Only 1,000 Case wallets will be available for pre-order, with each entry in the initial batch bearing a unique identifier" Impressive, but quite expensive. this is a joke. preorders? really? XD NEVER EVER preorders for me ...
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becoin
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Activity: 3431
Merit: 1233
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May 07, 2015, 10:58:23 AM |
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The HW.1 sales page will soon be closed to offer it (for the same price) on the Ledger website, so that should clear things up. It'll be an alternative option for people that don't care about packaging or the form factor and don't mind printing stuff themselves. Thanks for this. Will be useful. On HW1 page I'm reading this and same applies to Ledger : It is unfortunately not possible to release HW-1 with a useful open source firmware due to NDA restrictions with our chip manufacturer, however you can verify with the specification that all commands do what they are supposed to do, and that clients are only sending documented commands. Open source hardware is essential for all hardware wallets. If it is a closed source how will your chip manufacturer guarantee that there is no secret registry built in the chip to extract data from through unlisted API function?
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btchip
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May 07, 2015, 11:52:30 AM |
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Open source hardware is essential for all hardware wallets. Not really. It's a design choice. Using this chip allows us to be cheaper and more secure than with any other chip available today in the industry. We plan to open source as many things as possible always, and will do so for the next versions. If it is a closed source how will your chip manufacturer guarantee that there is no secret registry built in the chip to extract data from through unlisted API function?
exactly the same way that you can't audit the silicium of another chip available without NDA - i.e. they don't.
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becoin
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Activity: 3431
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May 07, 2015, 12:20:20 PM |
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exactly the same way that you can't audit the silicium of another chip available without NDA - i.e. they don't. If they don't what is the point of seeking alternative to banks? Which is better option for your money? Trust a bank that is specifically regulated to guarantee your savings or trust a chip manufacturer that is not regulated and doesn't guarantee anything? Hardware wallets with closed source hardware kind of defeat the entire concept of trust-less money.
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btchip
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May 07, 2015, 12:21:48 PM |
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Open source hardware doesn't solve it either. As soon as you use hardware that you didn't build yourself (and obviously nobody can do that at the chip level) you're trusting someone.
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becoin
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May 07, 2015, 12:33:44 PM |
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Open source hardware doesn't solve it either. As soon as you use hardware that you didn't build yourself (and obviously nobody can do that at the chip level) you're trusting someone.
Having the CAD files gives me the choice to pick up a trustworthy party and increases competition between chip manufacturers to win this trust.
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btchip
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May 07, 2015, 12:40:01 PM |
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It doesn't prove you that you're using what you see. You don't get to see the microcode running into your chip either.
I'm perfectly aware of the values of Open Source (and doing my best to contribute whenever it's possible), but in the end pragmatism rules.
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becoin
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May 07, 2015, 01:58:07 PM |
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I'm perfectly aware of the values of Open Source (and doing my best to contribute whenever it's possible), but in the end pragmatism rules. Open source is the pragmatism! Bitcoin won't settle for anything less. You'll see it when 100% open hardware hits market for hardware wallets. If a chip manufacturer doesn't want to change any of their practices just pick another one that will.
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