[ESHOP launched] Trezor: Bitcoin hardware wallet - page 71.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Quote from: Erdogan on March 24, 2015, 05:29:03 PM

Quote from: iluvbitcoins on March 24, 2015, 05:03:36 PM

Hey guys, I'm thinking about buying some hardware wallets

I'm wondering which should I buy?

Trezor seems the best, however it costs 119$ (which is too expensive for me), I'm thinking about the ledger wallet or HW.1, I'v also heard about bwallet (it's on the bitcoin.it/wiki/hardware_wallet), seems the same as Trezor and only costs 28$, but I fail to find any information about it

Ledger seems as my most probable choice so far

How safe is HW.1?

What do you guys think would be the best?

The Trezor is the best: The easiest way to get top security. The key to this is the simplicity of a device made for a single purpose, and the screen and input buttons. Go for it.

119$ is seriously too much for me Cheesy

My whole wallet has around 2BTC, if I withdraw all my investments it would be around 10
Paying half a bitcoin to guard only 2 is a bit too much Cheesy

Maybe in the future, I'd like to start with something cheaper

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: iluvbitcoins on March 24, 2015, 05:03:36 PM

Hey guys, I'm thinking about buying some hardware wallets

I'm wondering which should I buy?

Trezor seems the best, however it costs 119$ (which is too expensive for me), I'm thinking about the ledger wallet or HW.1, I'v also heard about bwallet (it's on the bitcoin.it/wiki/hardware_wallet), seems the same as Trezor and only costs 28$, but I fail to find any information about it

Ledger seems as my most probable choice so far

How safe is HW.1?

What do you guys think would be the best?

The Trezor is the best: The easiest way to get top security. The key to this is the simplicity of a device made for a single purpose, and the screen and input buttons. Go for it.

iluvbitcoins

legendary

Activity: 2198

Merit: 1150

Freedom&Honor

Hey guys, I'm thinking about buying some hardware wallets

I'm wondering which should I buy?

Trezor seems the best, however it costs 119$ (which is too expensive for me), I'm thinking about the ledger wallet or HW.1, I'v also heard about bwallet (it's on the bitcoin.it/wiki/hardware_wallet), seems the same as Trezor and only costs 28$, but I fail to find any information about it

Ledger seems as my most probable choice so far

How safe is HW.1?

What do you guys think would be the best?

dnaleor

legendary

Activity: 1470

Merit: 1000

Want privacy? Use Monero!

Quote from: jackbox on March 23, 2015, 03:09:16 PM

Quote from: RoadStress on March 23, 2015, 03:06:15 PM

Quote from: jackbox on March 20, 2015, 12:23:52 AM

Quote from: RoadStress on March 20, 2015, 12:00:33 AM

Quote from: jackbox on March 18, 2015, 12:31:03 PM

Each password with any given seed will generate a completely new master public and private keys. Think of it as a completely new tree.

Now I'm a bit confused. I don't get it how master seed+password work. Can I recover coins with master seed if I forget the password?

No. If you use a password and forget it the coins are lost forever.

What if I disable the password and have only one PIN? If I forget the PIN can I recover the coins only with the master seed?

Yes, the PIN only protects the hardware on the device from being used without entering the PIN first. If you stop using the password and forget the PIN you can recover the coins from the seed. But be sure to send any coins in your password protected wallet out to another wallet before removing the password protection. Then after removing the password protection send the coins back to the Trezor.

This is not true. You can remove the password option without moving the coins. When you put the password option on again, you can get your bitcoins back by using your old passwords.

jackbox

legendary

Activity: 1246

Merit: 1024

Quote from: RoadStress on March 23, 2015, 03:06:15 PM

Quote from: jackbox on March 20, 2015, 12:23:52 AM

Quote from: RoadStress on March 20, 2015, 12:00:33 AM

Quote from: jackbox on March 18, 2015, 12:31:03 PM

Each password with any given seed will generate a completely new master public and private keys. Think of it as a completely new tree.

Now I'm a bit confused. I don't get it how master seed+password work. Can I recover coins with master seed if I forget the password?

No. If you use a password and forget it the coins are lost forever.

What if I disable the password and have only one PIN? If I forget the PIN can I recover the coins only with the master seed?

Yes, the PIN only protects the hardware on the device from being used without entering the PIN first. If you stop using the password and forget the PIN you can recover the coins from the seed. But be sure to send any coins in your password protected wallet out to another wallet before removing the password protection. Then after removing the password protection send the coins back to the Trezor.

RoadStress

legendary

Activity: 1904

Merit: 1007

Quote from: jackbox on March 20, 2015, 12:23:52 AM

Quote from: RoadStress on March 20, 2015, 12:00:33 AM

Quote from: jackbox on March 18, 2015, 12:31:03 PM

Each password with any given seed will generate a completely new master public and private keys. Think of it as a completely new tree.

Now I'm a bit confused. I don't get it how master seed+password work. Can I recover coins with master seed if I forget the password?

No. If you use a password and forget it the coins are lost forever.

What if I disable the password and have only one PIN? If I forget the PIN can I recover the coins only with the master seed?

binford

newbie

Activity: 52

Merit: 0

Quote from: cypherdoc on March 22, 2015, 04:25:05 PM

any news on custom homescreen images? haven't seen any tutes for command line import using 12.04.

cypherdoc

legendary

Activity: 1764

Merit: 1002

any news on custom homescreen images? haven't seen any tutes for command line import using 12.04.

kkurtmann

sr. member

Activity: 475

Merit: 250

Quote from: ?? on ??

Quote from: molecular on March 22, 2015, 06:13:52 AM

Quote from: minimalB on March 22, 2015, 03:38:37 AM

Quote from: molecular on March 20, 2015, 06:32:40 PM

Why not just print out the possible words, number them and select 24 of them by coin-flipping or using dice?

I lost you there... could you please elaborate? How would i integrate checksum?

good point. I was a bit naive and thought any combination of words would be a valid passphrase. I'm not sure this is the case.

Quote from: https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki#From_mnemonic_to_seed

Although using a mnemonic not generated by the algorithm described in "Generating the mnemonic" section is possible, this is not advised and software must compute a checksum for the mnemonic sentence using a wordlist and issue a warning if it is invalid.

Not sure how trezor handles this.

There is no checksum in seed, any combination of words (of bip39 list) is just fine as long as they are truly random and not chosen by a human brain.

I think my brain is random enough.

minimalB

donator

Activity: 674

Merit: 523

Quote from: ?? on ??

There is no checksum in seed, any combination of words (of bip39 list) is just fine as long as they are truly random and not chosen by a human brain.

Thanks for all the useful info!

windpath

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Activity: 1258

Merit: 1027

Quote from: molecular on March 22, 2015, 06:13:52 AM

Quote from: minimalB on March 22, 2015, 03:38:37 AM

Quote from: molecular on March 20, 2015, 06:32:40 PM

Why not just print out the possible words, number them and select 24 of them by coin-flipping or using dice?

I lost you there... could you please elaborate? How would i integrate checksum?

good point. I was a bit naive and thought any combination of words would be a valid passphrase. I'm not sure this is the case.

Quote from: https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki#From_mnemonic_to_seed

Although using a mnemonic not generated by the algorithm described in "Generating the mnemonic" section is possible, this is not advised and software must compute a checksum for the mnemonic sentence using a wordlist and issue a warning if it is invalid.

Not sure how trezor handles this.

I ~think~ as long as you stick to the wordlist you are fine. https://github.com/bitcoin/bips/blob/master/bip-0039/english.txt

molecular

donator

Activity: 2772

Merit: 1019

Quote from: minimalB on March 22, 2015, 03:38:37 AM

Quote from: molecular on March 20, 2015, 06:32:40 PM

Why not just print out the possible words, number them and select 24 of them by coin-flipping or using dice?

I lost you there... could you please elaborate? How would i integrate checksum?

good point. I was a bit naive and thought any combination of words would be a valid passphrase. I'm not sure this is the case.

Quote from: https://github.com/bitcoin/bips/blob/master/bip-0039.mediawiki#From_mnemonic_to_seed

Although using a mnemonic not generated by the algorithm described in "Generating the mnemonic" section is possible, this is not advised and software must compute a checksum for the mnemonic sentence using a wordlist and issue a warning if it is invalid.

Not sure how trezor handles this.

minimalB

donator

Activity: 674

Merit: 523

Quote from: molecular on March 20, 2015, 06:32:40 PM

Why not just print out the possible words, number them and select 24 of them by coin-flipping or using dice?

I lost you there... could you please elaborate? How would i integrate checksum?

Quote from: BitcoinIsLiberty on March 20, 2015, 07:40:08 PM

https://bip32jp.github.io/english/

I don't know how safe they are to use though and I would only do this on an offline computer with a live cd.

Thanks! Exactly what i was looking for. I guess being offline on airgaped comp should be fine.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: jackbox on March 20, 2015, 10:50:58 PM

Quote from: Mickeyb on March 20, 2015, 03:35:20 PM

It worked, thanks. It is not a trezor problem it is a mytrezor.com problem. Is using electrum with trezor safe? I suppose that it works in a same way as mytrezor.com, private keys and trezor password are never exposed to the electrum, right?

Yes, it is completely safe. The Trezor just provides Electrum with the public master key to derive the receiving and change addresses. When you send bitcoin each input is sent to the Trezor for signing with the private key (which never leaves the Trezor) and then the signs the transaction. The complete and signed transaction is then broadcast to the bitcoin network by Electrum. In no way is your Trezor exposed any more than using MyTrezor.com. The seed is safe and never revealed in any way, unless you tell it to someone.

Great, thanks!

jackbox

legendary

Activity: 1246

Merit: 1024

Quote from: Mickeyb on March 20, 2015, 03:35:20 PM

It worked, thanks. It is not a trezor problem it is a mytrezor.com problem. Is using electrum with trezor safe? I suppose that it works in a same way as mytrezor.com, private keys and trezor password are never exposed to the electrum, right?

Yes, it is completely safe. The Trezor just provides Electrum with the public master key to derive the receiving and change addresses. When you send bitcoin each input is sent to the Trezor for signing with the private key (which never leaves the Trezor) and then the signs the transaction. The complete and signed transaction is then broadcast to the bitcoin network by Electrum. In no way is your Trezor exposed any more than using MyTrezor.com. The seed is safe and never revealed in any way, unless you tell it to someone.

BitcoinIsLiberty

newbie

Activity: 55

Merit: 0

Quote from: minimalB on March 20, 2015, 02:51:30 AM

Hi Guys,

Is there a tool where I can flip a coin 256 times (or role a dice for example), then enter results + extra passphrase in and get 24 word + passphrase seed out?

https://bip32jp.github.io/english/

I don't know how safe they are to use though and I would only do this on an offline computer with a live cd.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: minimalB on March 20, 2015, 02:51:30 AM

Is there a tool where I can flip a coin 256 times (or role a dice for example), then enter results + extra passphrase in and get 24 word + passphrase seed out?

You probaby shouldn't enter this on a computer.

Why not just print out the possible words, number them and select 24 of them by coin-flipping or using dice?

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

Quote from: jackbox on March 20, 2015, 01:38:47 PM

Quote from: Mickeyb on March 20, 2015, 12:54:38 PM

This is getting really weird, I cannot send any BTC from my trezor. I can receive but not send. I do get a txid like this,

https://blockchain.info/tx/5f2432dcf9c9ebed5624d3c020be14cae4079c4329e60dac5bc87e693cf63649

but it is impossible to see it on the blockchain. What is happening? Anyone else experiencing the same problem. I have 4 transaction stuck like this.

I am really worried, I did a trezor recovery this morning from the seed but this is still going on!

It appears as if your transaction was never broadcast to the bitcoin network. Install the new version of Electrum. It will work with your Trezor and works well. Just create a new hardware wallet and it will get the master public key from your Trezor and you will be good to go.

If there is some problem with the mytrezor.com website it is possible that the transaction maybe broadcast later so I would avoid double spending the coins for at least 12 hours to see if the transactions go through.

It worked, thanks. It is not a trezor problem it is a mytrezor.com problem. Is using electrum with trezor safe? I suppose that it works in a same way as mytrezor.com, private keys and trezor password are never exposed to the electrum, right?

jackbox

legendary

Activity: 1246

Merit: 1024

Quote from: Mickeyb on March 20, 2015, 12:54:38 PM

This is getting really weird, I cannot send any BTC from my trezor. I can receive but not send. I do get a txid like this,

https://blockchain.info/tx/5f2432dcf9c9ebed5624d3c020be14cae4079c4329e60dac5bc87e693cf63649

but it is impossible to see it on the blockchain. What is happening? Anyone else experiencing the same problem. I have 4 transaction stuck like this.

I am really worried, I did a trezor recovery this morning from the seed but this is still going on!

It appears as if your transaction was never broadcast to the bitcoin network. Install the new version of Electrum. It will work with your Trezor and works well. Just create a new hardware wallet and it will get the master public key from your Trezor and you will be good to go.

If there is some problem with the mytrezor.com website it is possible that the transaction maybe broadcast later so I would avoid double spending the coins for at least 12 hours to see if the transactions go through.

Mickeyb

hero member

Activity: 798

Merit: 1000

Move On !!!!!!

This is getting really weird, I cannot send any BTC from my trezor. I can receive but not send. I do get a txid like this,

https://blockchain.info/tx/5f2432dcf9c9ebed5624d3c020be14cae4079c4329e60dac5bc87e693cf63649

but it is impossible to see it on the blockchain. What is happening? Anyone else experiencing the same problem. I have 4 transaction stuck like this.

I am really worried, I did a trezor recovery this morning from the seed but this is still going on!

Topic: [ESHOP launched] Trezor: Bitcoin hardware wallet - page 71. (Read 966173 times)