BitBox02 Experiences | Bitcointalksearch.org

Pmalek

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Farewell, Leo. You will be missed!

Quote from: satscraper on April 23, 2024, 03:46:08 AM

Wow, they move in the right direction. BIP 85 eligible child keys are very convenient feature that allows to disseminate them among different wallets and at the same time to have care about single SEED, solely, namely master SEED from which they were generated.

It's a great way to remain in control in situations where you want to give bitcoin to someone who is prone to losing stuff or misplacing them. I have such irresponsible people in my family circle. They would lose their feet if they could take them off. There is still the issue with them getting hacked or leaking the seed somehow, but at least you could protect them from losing their keys.

Quote from: satscraper on April 23, 2024, 03:46:08 AM

I use my child seeds generated by Passport 2 to setup wallets on a few hardware devices in my possession.

The Jade can be used for that as well. I haven't looked into it though.

satscraper

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Quote from: Pmalek on April 22, 2024, 05:57:55 PM

I couldn't find a dedicated thread for Bitbox hardware wallets, so this one will do.

The company has releases a new BitBox app update that introduces a few changes and improvements. One new feature that was added is child keys following the BIP85 standard. The BitBox02 can now generate separate child keys of 12 or 24 words derived from your main (parent) seed. Lost child keys can always be recovered by the holders of the parent seed.

Source:
https://bitbox.swiss/blog/bitbox-04-2024-brienz-update/

Wow, they move in the right direction. BIP 85 eligible child keys are very convenient feature that allows to disseminate them among different wallets and at the same time to have care about single SEED, solely, namely master SEED from which they were generated.

I use my child seeds generated by Passport 2 to setup wallets on a few hardware devices in my possession.

Pmalek

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Farewell, Leo. You will be missed!

I couldn't find a dedicated thread for Bitbox hardware wallets, so this one will do.

The company has releases a new BitBox app update that introduces a few changes and improvements. One new feature that was added is child keys following the BIP85 standard. The BitBox02 can now generate separate child keys of 12 or 24 words derived from your main (parent) seed. Lost child keys can always be recovered by the holders of the parent seed.

Source:
https://bitbox.swiss/blog/bitbox-04-2024-brienz-update/

dkbit98

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Someone correct me if I am wrong, but I think BitBox is the first hardware wallet that is adding Lightning Network support on their BitBox02 devices.
They are using static invoices with inbound liquidity from Breez wallet, but there is no need to create any additional backups.
This is currently in closed alpha stages, but I think we can expect to see official release later this year.
Few months ago they released a blog article about adding Lightning to BitBoxApp.

Check out few minute long video demonstration how everything works:
https://twitter.com/BitBoxSwiss/status/1767488957770551400

The Sceptical Chymist

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Quote from: SFR10 on March 09, 2024, 06:10:37 AM

Quote from: The Sceptical Chymist on March 08, 2024, 10:49:04 PM

And I have to say that when it comes to wallets--from software ones to hardware--the simpler, the better.

I completely agree with the above line ^{[If it doesn't mean sacrificing some of the necessary features]}.

Well, I've played around with a lot of wallets, and the ones that stick out to me are Mycelium, Trust, and Ledger. Over time it seemed like the wallet devs just kept adding all of this extraneous stuff that's just bloat to me, and it always gave me an icky feeling seeing it. I mean can you imagine if the bitcoin core wallet suddenly contained a link to some partner's site where you could exchange BTC (or whatever service you can think of)?

Hopefully the people at Bitbox don't start going down that road. We can debate the merits of that insurance service all day long, but where does that kind of partnering end?

SFR10

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Quote from: The Sceptical Chymist on March 08, 2024, 10:49:04 PM

Hm. I'm puzzled as to why anyone who'd get a HW wallet would also sign up for insurance like that, especially when it requires all sorts of personal information.

Their target audience is only those who have invested a significant amount without having the proper knowledge of protecting their assets ^{[these are the type of people who only care about results, so they tend to throw away money for any type of protection (even if the trade-off is between convenience and privacy)]}.

It's quite frustrating to see BitBox and some of the other known brands have chosen the route of offering solutions that rub more salt into the wound!

Quote from: The Sceptical Chymist on March 08, 2024, 10:49:04 PM

And I have to say that when it comes to wallets--from software ones to hardware--the simpler, the better.

I completely agree with the above line ^{[If it doesn't mean sacrificing some of the necessary features]}.

The Sceptical Chymist

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Quote from: SFR10 on February 08, 2024, 06:13:56 PM

e.g.
Based on the steps in "this video ^{[the steps on their website appear to be the same for the three supported hardware wallets]}", it requires giving your xPub and various other information ^{[name, birthdate, email, number, registered address, postal code]} to the third-party in question!

Hm. I'm puzzled as to why anyone who'd get a HW wallet would also sign up for insurance like that, especially when it requires all sorts of personal information.

And I have to say that when it comes to wallets--from software ones to hardware--the simpler, the better. I'm not a big fan of all of these services a lot of them are offering, and in some cases who the wallet maker is partnering with. I suppose you don't have to see any of that on HW wallets if you're not using the manufacturer's app (like Ledger Live), but it'd be so nice if you could use their apps without it looking like there's someone on the other side actively trying to sell you a bunch of shit.

I'm a fan of Bitbox, though, at least until or unless they lose people's trust like Ledger. Hope that doesn't happen.

SFR10

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Quote from: cygan on February 08, 2024, 01:58:52 PM

in addition, a new type of Bitcoin insurance (with Bitsurance as a german startup)

I have mixed feelings about this... In some cases, it might come in handy for those who don't know how to properly protect their devices but at the same time, if their servers get compromised, they'll be putting all of their users at a higher risk of having to deal with "burglary and extortion" attempts ^{[at this point, it doesn't matter it's insuring its users for such things]}:

e.g.
Based on the steps in "this video ^{[the steps on their website appear to be the same for the three supported hardware wallets]}", it requires giving your xPub and various other information ^{[name, birthdate, email, number, registered address, postal code]} to the third-party in question!

cygan

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today BitBox released the first update of this year with Fletschhorn 02.2024
it offers features such as an improved account overview and a deactivated screensaver for interactive actions. in addition, a new type of Bitcoin insurance (with Bitsurance as a german startup), improved verifiable seed generation and self-transfer validation are available with the update.

further information and where to download the new update can be found in the following links:
https://bitbox.swiss/blog/bitbox-02-2024-fletschhorn-update/
https://bitbox.swiss/download/

Pmalek

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Farewell, Leo. You will be missed!

Quote from: Meuserna on December 09, 2023, 07:14:20 PM

I'm a fan of using 7 words or more with a space between each, all lowercase except for things that should be capitalized, like names.

There is maximum length to the passphrases that you can use. At least, that's the case with Trezor. I remember that I couldn't use the full length of a passphrase I initially wanted to use, so I compromised and got rid of several characters. Trezor allows a maximum length of 50 characters when it comes to the passphrases.

cygan

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today the new BitBox 12.2023 Sustli update was released, which brings the following features:

remember wallet - this allows the app to remember your wallet and display your balance without the BitBox being plugged in
android screen lock - here you can now add a lock to the BitBoxApp to protect sensitive information from curious eyes
hide amounts - here all displayed funds are hidden and replaced by star characters
wallet connect - with this feature you can interact with Ethereum dapps without installing a wallet as a browser extension

further information and where to download the new update can be found in the following links:
https://bitbox.swiss/blog/bitbox-12-2023-sustli-update/
https://bitbox.swiss/download/

The Sceptical Chymist

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Quote from: balladofjpeg on December 06, 2023, 05:55:44 PM

Hi, I would like to upgrade from my ledger S to a new bitbox.

I'm no technical wizard by any stretch of the imagination, but from what I've heard from members here any device with a secure element (including the Bitbox wallets) is subject to the same problems Ledger revealed to the world--and all of you who do understand the machinations of key exfiltration by HW wallet manufacturers please correct me if I'm wrong. However, I'd trust Bitbox over Ledger any day of the week, and if you've got to use a HW wallet the Bitbox02 isn't a bad one at all. Whatever you decide, my advice--which you already seem to be leaning toward--is to ditch Ledger ASAP. I'm sure I'm not alone in thinking they're a ticking time bomb just waiting to go off.

The only two problems I have with Bitbox is their UI (which you don't have to use) and the device itself which is more cumbersome to use than a Ledger, at least for a fat-fingered fumblebum like myself. If you're not doing a lot of sending/checking balances/etc., it probably won't matter much to you. Good luck, and fuck Ledger!

Meuserna

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Quote from: balladofjpeg on December 08, 2023, 05:37:56 PM

thanks for both your reply
I will generate a new wallet with new seed and then move funds.
In the meantime I will study a bit more passphrase option Grin

A passphrase creates a new wallet. In a sense, a passphrase is sort-of like having a 2 of 2 multisig, since the wallet can only be accessed with both parts, the seed and the passphrase. The danger is that if you lose either part, you lose your coins, so your passphrase needs to be precise. I'm a fan of using 7 words or more with a space between each, all lowercase except for things that should be capitalized, like names.

Here's a video about how to choose a strong passphrase by Crypto-Guide. The whole video is worth watching, but I'm linking to the part where he talks about how many words to use in a passphrase.

Crypto-Guide's youtube channel is fantastic. Zero hype. Just quality info. I'm shocked his videos don't get tons more views. His stuff is among the best of the best for Bitcoin.

balladofjpeg

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thanks for both your reply
I will generate a new wallet with new seed and then move funds.
In the meantime I will study a bit more passphrase option Grin

SFR10

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Quote from: balladofjpeg on December 06, 2023, 05:55:44 PM

what if I restore with the "ledger" seed, then add a passphrase and finally move them? (this last part is also unclear in my mind Grin

)

If I understand correctly, you already have funds in your normal wallet so if you were to add a passphrase to your used seed phrase, it'd just lead to an empty passphrase-protected wallet!
^{- This should be done when you're setting up your wallet for the first time, but only do it if you "fully" understand everything about it.}

dkbit98

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Quote from: balladofjpeg on December 06, 2023, 05:55:44 PM

Hi, I would like to upgrade from my ledger S to a new bitbox. I know the ledger S is supposed to be safe, but I've been thinking about it lately.
Do you think I can put the seed of the ledger in the bitbox?

Sure, you can do it, if you already have coins there with addresses you actively use, and if you didn't expose old seed phrase anywhere.
But if you want to be more secure than I would suggest to start fresh and generate everything from zero.

Quote from: balladofjpeg on December 06, 2023, 05:55:44 PM

Or is it safer to move the funds with some transactions? (so new seed for the bitbox)
what if I restore with the "ledger" seed, then add a passphrase and finally move them? (this last part is also unclear in my mind Grin

)

I think this is safer, but you will have to pay transaction fees, that are not always cheap.

balladofjpeg

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Hi, I would like to upgrade from my ledger S to a new bitbox. I know the ledger S is supposed to be safe, but I've been thinking about it lately.
Do you think I can put the seed of the ledger in the bitbox?
Or is it safer to move the funds with some transactions? (so new seed for the bitbox)
what if I restore with the "ledger" seed, then add a passphrase and finally move them? (this last part is also unclear in my mind Grin

)

cygan

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today another video was published by BitBox, which shows how an ln transaction is received on a desktop computer and spent again via a mobile phone

https://twitter.com/BitBoxSwiss/status/1729874292249407915

The Sceptical Chymist

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Quote from: cygan on November 17, 2023, 11:06:40 AM

a counterfeit version of the BitBoxApp, the wallet software for the BitBox02, has emerged.

I'm shocked, I tell you. Shocked!!

Quote from: Pmalek on October 19, 2023, 11:37:19 AM

Quote from: cygan on October 18, 2023, 10:35:09 AM

what is particularly exciting is that the ln wallet will be set up using the BitBox02 hardware.

What did you mean when you said this? It makes it sound like the hardware device will provide the RNG for the entropy of the keys for the lightning wallet, but that's probably not it. Will the Lightning Network wallet be separate from the main one (with its own keys) or just a feature of the standard wallet?

Now this is actually what I came to the HW wallet section for, because I was just on Bitbox's website and saw that they were developing their own little device from which you could run a bitcoin lightning network node, which they called the BitBoxBase. I'd never read anything on the forum about this and was wondering if anyone knew about it. It's not revolutionary for experienced users, of course, but for retards like me it might be a neat thing to blow money on.

Guess they put the development on hold for some reason.

cygan

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a counterfeit version of the BitBoxApp, the wallet software for the BitBox02, has emerged. as with the Ledger Live counterfeit, this is by no means an actually functioning version of the original software, but merely a simple visual imitation. it attempts to put the user under pressure by displaying a supposed error message asking them to enter the 12 or 24 recovery words.
fortunately, the affected user immediately became suspicious when the 'BitBoxApp' asked for his recovery words and reported the incident to the BitBox support team.
the victim caught the fake BitBoxApp himself via a top-listed search engine result. in such cases, it is easy to overlook the fact that it is not the correct domain or that the website looks incorrect in one place or another.

you can read exactly what happened in the tweet below:

https://nitter.net/BitBoxSwiss/status/1725491128521068958

Topic: BitBox02 Experiences (Read 485 times)