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Topic: Cheaper alternatives to Trezor. - page 2. (Read 2969 times)

legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
December 07, 2013, 06:52:07 PM
#4
Trezor connects to a internet capable computer in order to send a transaction,
Also it sends the private key via USB, It is not really safer.

NO! It sends the signed transaction via USB, not the private key. The private key never leaves the Trezor.
sr. member
Activity: 392
Merit: 250
December 07, 2013, 06:42:46 PM
#3
Quote
Also, what does Trezor actually do?
It stores your BTC, It is no better than a overpriced paper wallet anyhow.
Bullshit.
Trezor also make transactions. It allows you to securely spend your coins.
The computer does the transaction, trezor needs usb/a computer to do anything more than store a private key.
Quote
Also, Does Trezor not rely on a computer?
No, it works via usb to send the transactions, but just that.
Funny, You invalidate your previous statement with this one.
Trezor can only store a private key, that key is used on a computer to do the actual transaction

Just a FYI a paper wallet is a printed private key.

Quote
Would be much better to get a T-Mobile capable tablet with t-mobiles free 200MB tablet data.
Sure, let's connect the device where your wallet reside to the internet, so everyone can steal all your coins.

The main reason I mentioned a BTC dedicated tablet with 200MB free data, it would allow you to trade bitcoins locally, freely, and easily.
I stated to keep the tablet in Airplane mode while not sending a transaction.
If you were using the tablet purely for btc you could encrypt it, and keep it off when not sending bitcoins.
You could do the same thing with a cheap $300USD laptop(- the ability to safely transfer BTC away from home).
TrueCrypt full hard drive encryption, Turn the laptop on only when you need to send BTC.

Trezor connects to a internet capable computer in order to send a transaction,

I again state that a paper wallet is infinitely better than trezor,
and a paper wallet won't cost a person the equivalent of $1,000USD

No Trezors have shipped yet, as far as we know they may never ship.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
December 07, 2013, 02:56:11 PM
#2
Quote
Also, what does Trezor actually do?
It stores your BTC, It is no better than a overpriced paper wallet anyhow.
Bullshit.
Trezor also make transactions. It allows you to securely spend your coins.

Quote
Also, Does Trezor not rely on a computer?
No, it works via usb to send the transactions, but just that.

Quote
Would be much better to get a T-Mobile capable tablet with t-mobiles free 200MB tablet data.
Sure, let's connect the device where your wallet reside to the internet, so everyone can steal all your coins.
sr. member
Activity: 392
Merit: 250
December 07, 2013, 02:44:58 PM
#1
Since the cost of BTC skyrocketed, all kinds of cheaper options are available.

Any android phone(all of them are cheaper than $800USD)
Most laptops/desktops/tablets(seriously most of them are less than 1BTC)
All iPhones/IPods

Also, what does Trezor actually do?
It stores your BTC, It is no better than a overpriced paper wallet anyhow.

Also, Does Trezor not rely on a computer?

Would be much better to get a T-Mobile capable tablet with t-mobiles free 200MB tablet data.
You could put the tablet in Airplane mode when you do not want to transfer BTC, Then transfer your safe bitcoins anywhere that T-Mobile can provide you free data.
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