Topic: Apparatus wallets are a way to save crypto currency. (Read 168 times)
About time we moved from developing all sorts of hardware wallets in the name of commercialisation security and move to intensive awareness on the secured usage of crypto. There will be no point creating these devices if users continued to be careless with private keys and their passwords making themselves easy targets for hackers.
Lager launched the development of applications for IOS and Android. The goal is to unify the work with the wallet. In my opinion this is another moment with a decrease in security.
As far as i know Apparatus wallet is not safe. This wallet is risky and it is not acceptable by the investors. But it also true no wallet can provide you 100%security.
?'Apparatus wallets,' which are known as hardware wallets, are the the most secure wallets available.
Now the market of crypto currency is also an attractive place for the hackers. Actually with the passage of time, crypto currency market has earned huge popularity and people are investing on this market. This attracts the hackers to come this market as this market is technology based. This wallet is really good and I think if it does really well then we should use it.
Yes, I totally agree with you. The hardware wallets are safe and easy to use. They cannot be hacked which makes it more secure.
As far as i know Apparatus wallet is not safe. This wallet is risky and it is not acceptable by the investors. But it also true no wallet can provide you 100%security.
Agree.
However, I think the main drawbacks of hardware wallets are ignoring the private-keys backup problem. Private-key/secret-word loss is a larger risk than theft.
I think the best Bitcoin wallet practice should be a grass-root solution base on mobile phone platform.
And, with perfect security data backed-up which can resist bruce-force attack.
Then base on the decentralized key management mobile app, there will be third party provide multi signature api which can mix traditional access control, such as device id, IP address, geographic location, the amount of funds.
Combine these two aspects, I think this will be the future wallet.
Beside, BitKey wallet find the NFC-XOR card solution which can take advantage of open cloud storage to back up private-keys and keeping perfect security.(https://bitkey.app/)
However, I think the main drawbacks of hardware wallets are ignoring the private-keys backup problem. Private-key/secret-word loss is a larger risk than theft.
I think the best Bitcoin wallet practice should be a grass-root solution base on mobile phone platform.
And, with perfect security data backed-up which can resist bruce-force attack.
Then base on the decentralized key management mobile app, there will be third party provide multi signature api which can mix traditional access control, such as device id, IP address, geographic location, the amount of funds.
Combine these two aspects, I think this will be the future wallet.
I do not think that a mobile application can be provided with sufficient levels of protection. The mobile phone is too multifunctional. Too multitasking. It turns out that none of its applications can not be completely secure. There is no guarantee that downloading updates to the Instagram will not load the virus for your wallet. And then geolocation will not help.
I can easily come up with 5-6 ways to get into your wallet application. Starting from the connection to the charger, ending with the features of the firmware of the device itself. And I'm not a hacker,
By what investors? Hardware wallets are universally considered the best option for storing coins in terms of security. While you are correct in saying that no wallet can provide you with 100% security, you can always mitigate risk by using more than one wallet to separate your funds- for example a software wallet along with a hardware wallet.
I think this is really the best option. Just do not put all the eggs in one basket and act reasonably.
As far as i know Apparatus wallet is not safe. This wallet is risky and it is not acceptable by the investors. But it also true no wallet can provide you 100%security.
By what investors? Hardware wallets are universally considered the best option for storing coins in terms of security. While you are correct in saying that no wallet can provide you with 100% security, you can always mitigate risk by using more than one wallet to separate your funds- for example a software wallet along with a hardware wallet.
Yesterday I read several reviews on the vulnerability of wallets. I think that today I will add a little on this topic. Also a twofold sensation. If a 14-year-old hacker can break a wallet, it's a little alarming. Although this topic is very mobile and developers are working quickly.
Due to the seemingly large popularity of the crypto currencies, it has gathered a lot of good investors and at the same time, hackers. Hackers are always on the lookout for vulnerable spots to hack their way into the system to earn them some easy money. Having a wallet is great way to be safe.
As far as i know Apparatus wallet is not safe. This wallet is risky and it is not acceptable by the investors. But it also true no wallet can provide you 100%security.
Almost every week in the media there are reports of hacked attacks with large thefts crypto-currency.
One of the latest messages.
South Korean cryptocurrency exchange hack sees $40m in altcoin stolen. https://www.zdnet.com/article/south-korean-cryptocurrency-exchange-hack-sees-40m-in-altcoin-stolen/
The amounts are very significant and impressive.
In light of this, the question of the safety of finance.
Not surprisingly, the crypto community is vulnerable to various types of attacks. We are constantly in search of the safest solution for storing our currencies and ensuring their safety!
Now one of the safest ways to store your kryptons today is a hardware purse - a device like USB that stores your private key.
Even with burglary or a virus attack, we are promised full security.
The development team is constantly considering new ways to ensure the safety of its products.
Using a hardware purse gives not only access to crypto-currencies, but also to the repository itself and allows for the exchange of data.
The most famous at the moment are devices Trezor and Ledger.
Absolute advantages of the device:
o The most simple and safe way to save crypto currency.
o Excellent protection against third-party penetration.
o To be restored.
o Easy to set up and use.
Minuses
o Price from $ 80
Although, given that the device retains crypto currency for the owner at 10XXX $, this cost is not even serious.
Currently, the purse can store an average of 20 kinds of crypto currency.
The first purse was created in 2013. The low demand for use at that time delayed mass production.
A hardware purse is essentially an isolated minicomputer. Has its own Software. In addition, the antivirus, firewall and encryption device are installed on the wallet.
o The wallet has several special codes and passwords for different purposes.
Individual key that opens access to the AK. It is formed exactly by the software, which was mentioned.
o PIN code to lock and unlock the device.
o Seed-phrase, consisting of 24 words in a chaotic order. With its help, you can return access to capital in case the key is lost.
There is also a built-in manufacturers special key. Just in case.
The device has a display, which allows you to check the balance, perform manipulations without connecting to a computer. Another security moment.
At present, on the wave of interest in the crypto currency, the number of counterfeit purses on the market has increased. Nevertheless, it is recommended to buy the device on proven and official resources. Save $ 10, you run the risk of losing significantly more.
A few common points for choosing a wallet.
o The manufacturer is always important, so do not buy on Chinese cheapness or the promises of unknown brands.
o Purchase only on official websites, and not from representatives of the brand. But since the site can also be fake, find out its authenticity.
o The new device is always protected by original badges - stickers, seals, holographic images and so on, so inspect the parcel carefully.
o Check in advance with the developers, pre-installed in the software purse or not - this is essential.
o External protection is as important as the internal one, and therefore a titanium case is better than plastic or aluminum.
o If you choose to pay attention, AK is equipped with only a password or has multi-stage defense (fingerprint lock, including), and how quickly access to individual elements is opened.
o Platform is important, because Windows does not compare with the cryptographic algorithm developed exclusively for the purse.
o Best of all, when the user can open AK without any problems and unnecessary actions, and the cheater will get bogged down in defense. For example, a reliable function of offline storage of seed-phrases will not allow an outsider to turn his dirty business.
It is recommended to constantly monitor the updates on the manufacturer's website, so as not to miss the important information.
At the present time there are 3 main, most well-known manufacturers: KeepKey, Trezor and Ledger. And a group of companies that are just gaining momentum in this industry. Pi Wallet, Digital Box, BitStash and Bitlox. New on the market Hideez Key.
More about each I will not write. Each option has its pluses or minuses. On one is too large a display, on the other is not very convenient interweigh. Someone brags about big levels of protection, etc. Everyone here already chooses his own mind and convenience.
Tell us which of you uses what purse. What advantages and minuses for myself in this device found. And in general, what is your attitude to this device. True, whether this is the way to the preservation and security of the crypto-currency capital.
One of the latest messages.
South Korean cryptocurrency exchange hack sees $40m in altcoin stolen. https://www.zdnet.com/article/south-korean-cryptocurrency-exchange-hack-sees-40m-in-altcoin-stolen/
The amounts are very significant and impressive.
In light of this, the question of the safety of finance.
Not surprisingly, the crypto community is vulnerable to various types of attacks. We are constantly in search of the safest solution for storing our currencies and ensuring their safety!
Now one of the safest ways to store your kryptons today is a hardware purse - a device like USB that stores your private key.
Even with burglary or a virus attack, we are promised full security.
The development team is constantly considering new ways to ensure the safety of its products.
Using a hardware purse gives not only access to crypto-currencies, but also to the repository itself and allows for the exchange of data.
The most famous at the moment are devices Trezor and Ledger.
Absolute advantages of the device:
o The most simple and safe way to save crypto currency.
o Excellent protection against third-party penetration.
o To be restored.
o Easy to set up and use.
Minuses
o Price from $ 80
Although, given that the device retains crypto currency for the owner at 10XXX $, this cost is not even serious.
Currently, the purse can store an average of 20 kinds of crypto currency.
The first purse was created in 2013. The low demand for use at that time delayed mass production.
A hardware purse is essentially an isolated minicomputer. Has its own Software. In addition, the antivirus, firewall and encryption device are installed on the wallet.
o The wallet has several special codes and passwords for different purposes.
Individual key that opens access to the AK. It is formed exactly by the software, which was mentioned.
o PIN code to lock and unlock the device.
o Seed-phrase, consisting of 24 words in a chaotic order. With its help, you can return access to capital in case the key is lost.
There is also a built-in manufacturers special key. Just in case.
The device has a display, which allows you to check the balance, perform manipulations without connecting to a computer. Another security moment.
At present, on the wave of interest in the crypto currency, the number of counterfeit purses on the market has increased. Nevertheless, it is recommended to buy the device on proven and official resources. Save $ 10, you run the risk of losing significantly more.
A few common points for choosing a wallet.
o The manufacturer is always important, so do not buy on Chinese cheapness or the promises of unknown brands.
o Purchase only on official websites, and not from representatives of the brand. But since the site can also be fake, find out its authenticity.
o The new device is always protected by original badges - stickers, seals, holographic images and so on, so inspect the parcel carefully.
o Check in advance with the developers, pre-installed in the software purse or not - this is essential.
o External protection is as important as the internal one, and therefore a titanium case is better than plastic or aluminum.
o If you choose to pay attention, AK is equipped with only a password or has multi-stage defense (fingerprint lock, including), and how quickly access to individual elements is opened.
o Platform is important, because Windows does not compare with the cryptographic algorithm developed exclusively for the purse.
o Best of all, when the user can open AK without any problems and unnecessary actions, and the cheater will get bogged down in defense. For example, a reliable function of offline storage of seed-phrases will not allow an outsider to turn his dirty business.
It is recommended to constantly monitor the updates on the manufacturer's website, so as not to miss the important information.
At the present time there are 3 main, most well-known manufacturers: KeepKey, Trezor and Ledger. And a group of companies that are just gaining momentum in this industry. Pi Wallet, Digital Box, BitStash and Bitlox. New on the market Hideez Key.
More about each I will not write. Each option has its pluses or minuses. On one is too large a display, on the other is not very convenient interweigh. Someone brags about big levels of protection, etc. Everyone here already chooses his own mind and convenience.
Tell us which of you uses what purse. What advantages and minuses for myself in this device found. And in general, what is your attitude to this device. True, whether this is the way to the preservation and security of the crypto-currency capital.
Jump to: