[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 60 KB, 1280x960, 33.jpg [View same] [iqdb] [saucenao] [google]
25269441 No.25269441 [Reply] [Original]

What is the lifespan for a device like this?

>> No.25269464
File: 39 KB, 600x568, 1468170109614.jpg [View same] [iqdb] [saucenao] [google]
25269464

>>25269441
depends on whether or not your address was leaked and where you live

>> No.25269470

>>25269441
>pours water on it

yes, very secure storage you have there anon

>> No.25269472

someone is gonna steal that from you thinking it's a juul or something and end up just tossing it out when they find out they can't steal all your shit.

>> No.25269491

>>25269441
don't use these if you have a big enough microscope you can read the bitcoins right out of the chip

>> No.25269506

>>25269441
seed phrase is immortal

>> No.25269510

>>25269470
Long as op has his seed, he can smash it with a hammer, he’ll still be able to recover the funds.

>> No.25269523
File: 42 KB, 400x400, 1601859105831.jpg [View same] [iqdb] [saucenao] [google]
25269523

>>25269441
Don't use unless you have big enough rock you can read the text right off of

>> No.25269540

>>25269441
>there are brainlets ITT that don't understand a hardware wallet's purpose isn't to store the private key, but rather sign transactions offline

>> No.25269565

>>25269441
Mine works fine after 3 years, but they let me fucking email address get leaked

>> No.25269579

>>25269540
check out the monster cerebrum on this guy

>> No.25269616

This is why god warned us to not waste our seed

>> No.25269624

>>25269579
Kek

>> No.25269639

>>25269441
My ledger nano screen is already missing some pixels and its been 3 months in.

>> No.25269640

>>25269540
but if you have a keylogger on your computer even if you temporarily disconnect it you can still be hacked no?

>> No.25269687

>>25269441
Depends on how much you charge it. I use a 220v outlet to keep mine operating in prime condition.

>> No.25269709

>>25269640
No. Your private keys are never sent to your computer, so even if you have a keylogger it won't see anything. That's the whole point really. You could use your hardware wallet in he most malware infested piece of shit machine and feel safe knowing your private keys aren't getting stolen. Just make sure the transactions on your device match what's on the screen, since any malware targeting wallets would probably go for that kind of attack over anything else. If your browser says 0.124 ETH transaction but your hardware wallet reads 124 ETH, don't fucking accept it.

>> No.25269727

>>25269687
>Charge
What? Doesn't it get power on demand from whatever device it's plugged into?

>> No.25269755

>>25269727
ngmi new fren.

>> No.25269806

>>25269727
It gets power over USB but if you don't charge it periodically the internal blockchain falls way behind and it takes a long time to sync when you want to use it, and probably lessens the lifespan

>> No.25269851

>>25269709
Can you describe in short how this works?
like the wallet is on the device but you need to connect the device to the computer to make a transaction right? then you need to insert the private key using your keyboard?

>> No.25269902

>>25269851
nope. just connect it to PC and confirm the confirmation. the private key is within the device.
Get a fucking hardware wallet if youre gonna invest in crypto, ledger or trezor. The security is worth the small investment

>> No.25269907

>>25269640
>>25269851

It is a physical TRANSACTION CONFIRMER BUTTON

It's all that it is

You can literally use it in public library computers that are frequented by the hobos and full of keyloggers and any possible malware possible

>> No.25269936

>>25269902
How is this any more secure than having cash in my pocket? It’s harder for a mugger to spend?

>> No.25269987

>>25269936
It's literally impossible because you need a pin to open it.

>> No.25270014
File: 50 KB, 255x198, 1608781663759.png [View same] [iqdb] [saucenao] [google]
25270014

>>25269987
Because muggers have never stolen credit cards that also require pins.

>> No.25270017

>>25269987
so why shouldnt i just remember my private key instead of the pin of a ledger?
Whats the difference.

>> No.25270032

>>25269987
how long is the pin?

>> No.25270041

>>25270014
and can't do much with them, but the fiat is theirs.

>>25270017
Good luck memorizing a long, alpha-numeric, case-sensitive code.

>> No.25270053

>>25270014
You have 3 tries to enter a pin on a ledger. On the third failed attempt the device is wiped clean and needs to be fully restored with your private key.

>> No.25270096

>>25269902
Hardware wallets are for dipshits. Get stole on explained dipshit

>> No.25270112
File: 88 KB, 645x729, 1516746442351.jpg [View same] [iqdb] [saucenao] [google]
25270112

>>25270096
>Hardware wallets are for dipshits. Get stole on explained dipshit

>> No.25270115

>>25269441
I've had mine for a few months and it's already starting to die. The lock-in feature fails sometimes. I tried to lock in the price at $28,000 and it didn't work.

>> No.25270127

>>25270096
>the type of people who dont use hardware wallets
You dont want to be like them do you kids?

>> No.25270229

why not just use a paper wallet? ledger nano x is a complete piece of shit by the way. had one and it would never connect properly, tried to return it and there is zero phone support. some pajeet in france tells me I have to return it to france in 2 weeks at my expense or no return. take 3 days just to get the correct return address out of him. still not sure if i will ever see any refund. stay far away from ledger. I'm convinced all the good reviews or nothing but resellers making money off it. I'm not even sure if I want to try trezor t or just use a paper wallet generated on an air gapped laptop.

>> No.25270241

>>25270229
>why not just use a paper wallet?

>gets stolen
>all your crypto is gone
Good job, idiot.

>> No.25270320

You need to put it in the freezer it is cold storage after all. You don't want it turning into a hot wallet.

>> No.25270440

>>25270241
explain how a paper wallet is less secure than a usb stick made by some stupid french fags who sell their customer database to kikes and let it loose on the web

>> No.25271006

>>25269472
Kek

>> No.25271081

>>25270032
Your choice, 4 to 8 characters (make it 8 if you’re not retarded)

>> No.25271103

>>25270241
Learn how to greentext newfag

>> No.25271110

>>25270440
Shoo shoo, paper company shill. Not buying your boomer leaves. Trees are so 20th century.

>>25270320
This

>> No.25271147

>>25270115
TFW when locked in 3.8k at the end of March. Wish I managed to get the true bottom but I can’t complain

>> No.25271216

>>25269806
Is this why my Chainlink got unlocked way too soon even though it never went back above the price?

>> No.25271327

>>25270440
>explain how a paper wallet is less secure
How idiotic are you exactly? I made it abundantly clear for you in my example: if a paper wallet gets stolen, you lose everything. The private key is right there for any thief to see, and nothing is stopping him from copying it and stealing everything.

With a hardware wallet, that is not possible, because it's locked behind a pin.

>> No.25271352
File: 53 KB, 800x723, 1604375589919.jpg [View same] [iqdb] [saucenao] [google]
25271352

I had my physical address leaked and I'm still not sure what to do

>> No.25271425

what if I use a spare laptop with loonix installed. the only way a software wallet can be hacked is through ransomware right? even if the laptop is stolen they'd have to go to through my drive encryption

>> No.25271570

>>25271352
Go back in time and buy one in 2017 so only your email gets leaked.
Alternatively:
>>>/k/

>> No.25271602

>>25271425
Yes, an airgapped laptop is the best hardware wallet alternative. Ransomware couldn't even get to it that way.

>> No.25271629

>>25270017
Because it initially gets displayed on the computer

>> No.25271652

>>25271352
move all ur backups to parents and hide the hardware wallet extremely well. buy a new ledger and put ~10-20% on it as a decoy if you get robbed

>> No.25271658

>>25269441
Mine lasted a month or so, now it only turns on sometimes when i plug it in.

>> No.25271686

>>25269755
Nah hes right, youre just retarded. That thing has no battery.

>> No.25271864

>>25271602
it goes to show how I don't really understand how crypto works, but I've seen people create wallets on devices with no internet connection. how are the addresses of those created wallets able to receive crypto's? Does it not work like how I'm describing?

>> No.25271866

>>25269851
If you ever get a hardware wallet you never enter your private key into anything ever. You write it on a piece of paper in a dark room with your phone switched off then lock it in a fireproof safe which you then brick around in your attic.

>> No.25272033

>>25269510
So why not just write it down on a piece of paper and save $60?

>> No.25272066

>>25271327
>unironically thinking it cannot be hacked

>> No.25272090

>>25272066
You haven't shown any proof supporting your argument, idiot.
Tech illiterate morons like yourself are worthless, you don't know anything.

>> No.25272135

>>25272033
Usability desu

>> No.25272351
File: 91 KB, 740x601, password_strength.png [View same] [iqdb] [saucenao] [google]
25272351

>Good luck memorizing a long, alpha-numeric, case-sensitive code.

3-4 random words with a number in between is too hard to remember. Do you need reminders in how to breathe?

>> No.25272757

>>25271864
If you create a wallet on a computer, then unplug your computer, your addresses can still receive coins.
If you then write the seed phrase words on a piece of paper, then throw your hard drive in a volcano, your addresses can still receive coins.
If you take that seed phrase and input it on air gapped Linux laptop, your addresses can still receive coins.
From the perspective of the Network, where the wallet "is" at the time of a deposit does not matter.
Your wallet is disconnected from the Network, so it doesn't know its own balance, and it can't broadcast the transactions it creates, so you have to do that manually, but still, wallet software works fine offline.