Can RFID be used to track down wallets? - page 2.

NeuroticFish

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Quote from: Majestic-milf on June 21, 2022, 09:11:27 AM

RFID [~snip~] is a device [~snip~] that can be used to automatically identify or track down softwares that have tags on them.

While a RFID tag is a physical device, software is not physical. You cannot place a tag onto software (you can place a tag onto a DVD, but you're tagging the physical DVD, not the software on it).
So your question makes no sense. Bitcoin, wallets and so on cannot be tracked with RFID. Hardware wallets (those are physical, yes), can have RFID tag on them, but that's to avoid shop lifting and cannot be read from a wider distance.

I hope this helps/clears up things.

DannyHamilton

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Quote from: Majestic-milf on June 21, 2022, 09:11:27 AM

RFID is a device . . . BTC is a digital currency . . .

As you yourself have pointed out, BTC is not a device it's a digital currency. When people steal your bitcoin, they are not stealing a device. Therefore, there is no RFID (which is a device) to track.

As someone else has already pointed out in this thread, if you tag a hardware wallet with RFID and someone physically takes that hardware wallet from you, then you might be able to track the movement of that hardware wallet device.

If they "hack" your keys and then take your bitcoin (while leaving you the hardware wallet itself), then you will only find the hardware wallet that you still have. You won't find the bitcoins.

If they physically take your hardware wallet and then use that wallet to send your bitcoins to a new address in a different wallet, discarding the hardware wallet in the trash, you might be able to track the hardware wallet and find the trash can it's sitting in, but you won't regain or be able to follow the bitcoins that are now in a completely different wallet.

mocacinno

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I have a hard time wrapping my head around this question... There are no tags or rfid data, localisation data or even ip's inside transactions or something, nothing like that gets included into the blockchain...
IF you'd tag your physical hardware wallet (or cold storage device) and it would get nicked, you'd probably be able to localize it, but that's about it... at least afaik

Majestic-milf

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RFID (Radio Frequency Identification) https://www.google.com/url?q=https://www.abr.com/what-is-rfid-how-does-rfid-work/&sa=U&ved=2ahUKEwj_-cuKmr74AhUP-hoKHeLLDYsQFnoECAoQAg&usg=AOvVaw1pRr4sL49V8pAnOg_s8wQL is a device with an electro magnetic field that can be used to automatically identify or track down softwares that have tags on them. Consisting of a transponder, a transmitter and a radio receiver, these help to transmit digital data when triggered by an electromagnetic pulse from a nearby RFID.
So with cases of wallets being hacked or stolen by cyber thieves and all that, can this RFID be used to help track them since BTC is a digital currency or is it's power limited?

Topic: Can RFID be used to track down wallets? - page 2. (Read 211 times)