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Topic: Hardware wallet (Read 129 times)

member
Activity: 173
Merit: 10
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April 27, 2018, 06:35:49 AM
#10
I want to make my own Hardware wallet
Where would I begin? what goes into the software? I feel like finding the hardware would be the easy part.
Not everyone can make their own hardware wallet, you have to be very knowledgeable in hardware and software. You also need to be a security experts to avoid any loss of your coins.
jr. member
Activity: 196
Merit: 4
April 27, 2018, 04:41:02 AM
#9
A hardware wallet is a special type of bitcoin wallet which stores the user's private keys in a secure hardware device.
Hardware: wallets differ from software wallets in that they store a user’s private keys on a hardware device like a USB. Although hardware wallets make transactions online, they are stored offline which delivers increased security. Hardware wallets can be compatible with several web interfaces and can support different currencies; it just depends on which one you decide to use. What’s more, making a transaction is easy. Users simply plug in their device to any internet-enabled computer or device, enter a pin, send currency and confirm. Hardware wallets make it possible to easily transact while also keeping your money offline and away from danger.
newbie
Activity: 182
Merit: 0
April 26, 2018, 04:48:30 AM
#8
I think this is the best option for those who are afraid to keep all savings online. On the one hand it is safe, but no one will save you from burglars or natural disasters.

Hard wallet it is the kind of wallet that are very safe of our important documents like our private key we put it there so that no one can know or no one can scam.
newbie
Activity: 130
Merit: 0
April 26, 2018, 04:43:32 AM
#7
It is better to buy hardware wallet instead of  making your own wallet hardware, However, we can make software easily while the enough technology and infrastructure is required to make hardware wallet.
newbie
Activity: 112
Merit: 0
April 26, 2018, 04:35:57 AM
#6
I think this is the best option for those who are afraid to keep all savings online. On the one hand it is safe, but no one will save you from burglars or natural disasters.
full member
Activity: 304
Merit: 100
April 26, 2018, 04:33:12 AM
#5
It is a very secure wallet if you are a long term investor. It promises enhanced security against software wallets in terms of theft and scams. No spy screen recorder can record whats happening on your wallet. Hardware wallets are
1- Ledger Nano S - France based start up
2-Trezor- first secure hardware wallet created by Satoshilabs.
full member
Activity: 994
Merit: 106
Official Street Team member
April 26, 2018, 04:14:40 AM
#4
I want to make my own Hardware wallet
Where would I begin? what goes into the software? I feel like finding the hardware would be the easy part.
I think it is very difficult to make your own wallet hardware, we have to be smart about making software and also must be very understanding about cryptocurrency, you better buy wallet hardware than to make it because it is not easy  Grin
newbie
Activity: 71
Merit: 0
April 26, 2018, 03:55:37 AM
#2
I think for a quick personal project, you can try a Raspberry Pi and install Electrum on it. Then create a new wallet on Electrum on the Pi, get the master public key, and create a watch-only wallet on your regular computer.
When you want to send an amount, create the transaction on the regular computer Electrum watch-only wallet, transfer the transaction to the Pi, sign it on the Pi, then transfer it back to the regular computer and broadcast from there.
Basically, those operations, automated, are what a hardware wallet does.
newbie
Activity: 60
Merit: 0
April 26, 2018, 03:54:15 AM
#1
I want to make my own Hardware wallet
Where would I begin? what goes into the software? I feel like finding the hardware would be the easy part.
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