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Topic: [ESHOP launched] Trezor: Bitcoin hardware wallet - page 241. (Read 966173 times)

hero member
Activity: 994
Merit: 507
I don't think trezor is meant as a solution for long-term secure wealth storage.
trezor uses an oled screen, don't those degradate over time even when not in use?
maybe they will do a special storage edition with normal lcd later  Wink
I think you can back up the seed for the device and restore that seed in a new one if it fails.
full member
Activity: 196
Merit: 100
I don't think trezor is meant as a solution for long-term secure wealth storage.
trezor uses an oled screen, don't those degradate over time even when not in use?
maybe they will do a special storage edition with normal lcd later  Wink
donator
Activity: 2772
Merit: 1019
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.

so now all a thieves has to do is find someone with a huge bitcoin wallet. sniff out their ip, reverse lookup ther vpn to find there real address, narrow down your location, come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.

I don't think trezor is meant as a solution for long-term secure wealth storage.
legendary
Activity: 2126
Merit: 1001
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.

so now all a thieves has to do is find someone with a huge bitcoin wallet. sniff out their ip, reverse lookup ther vpn to find there real address, narrow down your location, come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.

1) You can't just find out the IP of some wallet (without asthonishing effort). You can't reverse-lookup the ip to a home adress (without the law on your side).
2) Explain me how you would give up your hardware wallet at gunpoint, but would refuse to give up your software wallet at gunpoint. As he already knows the balance you have.

The hardware thingie protects you from malicious software, no matter if its a trojan horse on your own computer, or a non-trusted, maybe public computer. That's all. For everything else there are different, better solutions.

Ente
hero member
Activity: 504
Merit: 504
PGP OTC WOT: EB7FCE3D
whats stopping them from finding you online though, and coming and physically removing the device from your person?

this threat is common to all hardware solutions

Cool project, was watching the Trezor Bitcoin Conference 2013 youtube video here:
http://www.youtube.com/watch?v=3t18a-wXBnw

finally the video uploaded in full length. I've been trying to watch it for a few days already. previously only partially available
hero member
Activity: 686
Merit: 504
always the student, never the master.
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.

so now all a thieves has to do is find someone with a huge bitcoin wallet. sniff out their ip, reverse lookup ther vpn to find there real address, narrow down your location, come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.
You would use an address with zero balance of course.


The device signs things. If you reserve one key in the device for signing messages you have a device that can securely sign messages that can't be forged unless they have the device, no one could steal your identity online with viruses or corrupt sites.

whats stopping them from finding you online though, and coming and physically removing the device from your person?
hero member
Activity: 994
Merit: 507
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.

so now all a thieves has to do is find someone with a huge bitcoin wallet. sniff out their ip, reverse lookup ther vpn to find there real address, narrow down your location, come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.
You would use an address with zero balance of course.


The device signs things. If you reserve one key in the device for signing messages you have a device that can securely sign messages that can't be forged unless they have the device, no one could steal your identity online with viruses or corrupt sites.
sr. member
Activity: 336
Merit: 250
Time for Plan ฿
... come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.

Come on, how is it different with software wallets? Smiley

s/hardware wallet/software wallet/
hero member
Activity: 686
Merit: 504
always the student, never the master.
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.

so now all a thieves has to do is find someone with a huge bitcoin wallet. sniff out their ip, reverse lookup ther vpn to find there real address, narrow down your location, come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.
You would use an address with zero balance of course.

hero member
Activity: 994
Merit: 507
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.

so now all a thieves has to do is find someone with a huge bitcoin wallet. sniff out their ip, reverse lookup ther vpn to find there real address, narrow down your location, come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.
You would use an address with zero balance of course.
hero member
Activity: 686
Merit: 504
always the student, never the master.
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.

so now all a thieves has to do is find someone with a huge bitcoin wallet. sniff out their ip, reverse lookup ther vpn to find there real address, narrow down your location, come and take you hostage at gun point and force you to give over your "hardware wallet" usb. this makes bitcoin no different than real money now in my opinion.
hero member
Activity: 994
Merit: 507
I would REALLY love it if you can use the device to sign messages as well! I could use it to verify my identity online securely as well. Like a secure pgp key but using Bitcoin private keys to sign the message.
legendary
Activity: 2128
Merit: 1002
Cool project, was watching the Trezor Bitcoin Conference 2013 youtube video here:
http://www.youtube.com/watch?v=3t18a-wXBnw
hero member
Activity: 496
Merit: 500
Sorry if this is a stupid question but why do you need kickstarter? If it's up front money you need to begin mass production couldn't you just ask for donations with BTC and whoever donates gets their BTC back plus a bit extra back within a time frame?

No, because they can't use bitcoin to pay for production and don't want to be exposed to risk caused by price fluctuations.
hero member
Activity: 994
Merit: 507
Sorry if this is a stupid question but why do you need kickstarter? If it's up front money you need to begin mass production couldn't you just ask for donations with BTC and whoever donates gets their BTC back plus a bit extra back within a time frame?
legendary
Activity: 2044
Merit: 1008
Any news on the price and when it goes to production?
sr. member
Activity: 336
Merit: 250
Time for Plan ฿
... will work ... [with every Bitcoin wallet]

That's a very ambitious goal. Anyway, I can imagine it "will work with every major bitcoin wallet" - they will want to support Trezor.
sr. member
Activity: 441
Merit: 268
I don't understand how it "works with every Bitcoin wallet".

... will work ...
sr. member
Activity: 420
Merit: 250
I don't understand how it "works with every Bitcoin wallet".
Wouldn't the wallet have to support it in order for the user to be prompted to sign the TX on the Trezor?
If the client is unsupported, does it just generate a raw TX for you to use?
member
Activity: 71
Merit: 10
Will there be a rescue solution if the Trezor breaks?
Like a second identical Trezor (stored at a safe place) which can be used as backup?

I understand that you can maintain a paper copy of a passphrase to recover the private key from the Trezor.

But I like you're concept too.. a second identical Trezor to back up the first, and a third to backup the second (just in case!) - it could be great for sales.
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