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Topic: Lets talk hardware wallets... - page 2. (Read 3253 times)

member
Activity: 70
Merit: 10
June 18, 2013, 09:13:54 AM
#23
Have you seen CoinLockr.com ?
It's good and works well. I like it.
full member
Activity: 182
Merit: 100
Provider of Bitcoin products and services
June 17, 2013, 09:40:29 AM
#22
I like Trezor and I will most likely be ordering a few.

Hardware wallets are needed in order for Bitcoin to get to the next level. Getting the average user to secure their computing environment against malware is a next to impossible task, and hardware wallets circumvent this issue.

I suspect we'll be seeing more projects of similar nature materialize in the coming months.
allten and I have been working on the Bitsafe, another hardware wallet. Its development history actually extends goes back further than Trezor's. There are assembled open-source development boards available (see https://bitcointalk.org/index.php?topic=152517.0;all), as well as prototype open-source firmware (see https://bitcointalksearch.org/topic/hardware-bitcoin-wallet-a-minimal-bitcoin-wallet-for-embedded-devices-78614).

The Bitsafe project was picked up by Butterfly Labs, who are helping us bring it to market later this year. They have (understandably) decided to not do the preorder thing.

Does anyone know if Armory would be supporting this? I hope armory would support this so then I don't need a whole offline computer just for signing transactions.
I spoke to etotheipi at Bitcoin 2013 and he was very enthusiastic about hardware wallets. He felt that they complemented Armory well. Anyway, I think Armory is well-positioned to support hardware wallets, after all, a hardware wallet is basically an offline signing wallet.




While Armory does have some good features, setting up and using the offline/online watching only wallet function is very complicated, is time consuming and is easy to mess up (even for the computer savvy )

Trezor appears to provide the same level of security in a more user-friendly way.

And that is why I welcome it and any future developments in this area.
member
Activity: 78
Merit: 10
Chris Chua
June 17, 2013, 08:19:07 AM
#21
I like Trezor and I will most likely be ordering a few.

Hardware wallets are needed in order for Bitcoin to get to the next level. Getting the average user to secure their computing environment against malware is a next to impossible task, and hardware wallets circumvent this issue.

I suspect we'll be seeing more projects of similar nature materialize in the coming months.
allten and I have been working on the Bitsafe, another hardware wallet. Its development history actually extends goes back further than Trezor's. There are assembled open-source development boards available (see https://bitcointalk.org/index.php?topic=152517.0;all), as well as prototype open-source firmware (see https://bitcointalksearch.org/topic/hardware-bitcoin-wallet-a-minimal-bitcoin-wallet-for-embedded-devices-78614).

The Bitsafe project was picked up by Butterfly Labs, who are helping us bring it to market later this year. They have (understandably) decided to not do the preorder thing.

Does anyone know if Armory would be supporting this? I hope armory would support this so then I don't need a whole offline computer just for signing transactions.
I spoke to etotheipi at Bitcoin 2013 and he was very enthusiastic about hardware wallets. He felt that they complemented Armory well. Anyway, I think Armory is well-positioned to support hardware wallets, after all, a hardware wallet is basically an offline signing wallet.
legendary
Activity: 1176
Merit: 1255
May Bitcoin be touched by his Noodly Appendage
June 17, 2013, 08:17:38 AM
#20
How is Trezor safe against protocol changes?
I think its purpose it to sign with an ECDSA private key the data you send to it.
So if the changes are not too deep (like changing the elliptic curve used by bitcoin) it will be ok
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
June 17, 2013, 08:15:40 AM
#19
How is Trezor safe against protocol changes?
legendary
Activity: 3612
Merit: 1564
June 17, 2013, 08:11:42 AM
#18
- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money

What do you think is under the hood of the computer you are currently using?
You mean the computer containing my wallet, which is not connected to internet?
I check every transaction it produces, and when I received it it didn't contain any keys.

Whatever man. Trezor is not going to be made in Europe. It too is going to be manufactured in China. In time there will be dozens of reputable companies that will offer this device and prices will go down.
newbie
Activity: 56
Merit: 0
June 17, 2013, 08:03:46 AM
#17
looks cool but I think that mobilephones will take a role o wallets in future

That'd be a cool project for them. The Trezor Smartphone! (grin)
legendary
Activity: 1176
Merit: 1255
May Bitcoin be touched by his Noodly Appendage
June 17, 2013, 07:53:07 AM
#16
- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money

What do you think is under the hood of the computer you are currently using?
You mean the computer containing my wallet, which is not connected to internet?
I check every transaction it produces, and when I received it it didn't contain any keys.
legendary
Activity: 3612
Merit: 1564
June 17, 2013, 07:45:50 AM
#15
- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money

What do you think is under the hood of the computer you are currently using?
legendary
Activity: 1176
Merit: 1255
May Bitcoin be touched by his Noodly Appendage
June 17, 2013, 07:44:24 AM
#14
- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
Yeah, I'll definitely use a Chinese clone to manage my money
hero member
Activity: 759
Merit: 500
June 17, 2013, 07:12:04 AM
#13
maybe you're right but it's another gadget in my pocket
legendary
Activity: 3612
Merit: 1564
June 17, 2013, 07:10:03 AM
#12
To answer the OP's question you should wait because of the following reasons:

- First version of anything is usually buggy. You should wait until this is tested in the wild and subject to abuse by hackers worldwide.
- They intend to open source everything. So expect Chinese clones that cost 1/10th of the price.
- With time there will be better wallet support.

Reasons not to wait are:

- You are an early adopter and want to support this work.
- Impatience. It might take a while before the Chinese get into action and before we have improved software support.
full member
Activity: 182
Merit: 100
Provider of Bitcoin products and services
June 17, 2013, 06:58:16 AM
#11
looks cool but I think that mobilephones will take a role o wallets in future

That still doesn't eliminate the need for a simple, non-technical way of backing up and storing private keys offline.

I believe future versions of trezor will also be available for mobile use.

I like this product and it is a step in the right direction as far as increasing confidence through better security for users.
legendary
Activity: 3612
Merit: 1564
June 17, 2013, 06:55:44 AM
#10
As a non-techie waiting on the sidelines cuz of security concerns, im very excited about this.

Hope it turns out well, cant wait to buy my first bitcoins !

It isn't that bad. Buy your first coins now.
legendary
Activity: 1176
Merit: 1255
May Bitcoin be touched by his Noodly Appendage
June 17, 2013, 06:53:16 AM
#9
looks cool but I think that mobilephones will take a role o wallets in future
NFC-Trezor
hero member
Activity: 759
Merit: 500
June 17, 2013, 06:52:21 AM
#8
looks cool but I think that mobilephones will take a role o wallets in future
legendary
Activity: 1498
Merit: 1000
June 17, 2013, 04:18:37 AM
#8
I know multibit will support it
How? Is there any specs of Trezor out there?

http://www.bitcointrezor.com/#testimonials look at Jim Burton's quote. No specs or information about how to support it, but if you talk to Slush I bet he would allow you to see it, if you could add support to a client or something.
legendary
Activity: 1176
Merit: 1255
May Bitcoin be touched by his Noodly Appendage
June 17, 2013, 04:52:00 AM
#7
I know multibit will support it
How? Is there any specs of Trezor out there?

http://www.bitcointrezor.com/#testimonials look at Jim Burton's quote. No specs or information about how to support it, but if you talk to Slush I bet he would allow you to see it, if you could add support to a client or something.

Thanks
sr. member
Activity: 502
Merit: 251
June 17, 2013, 04:36:15 AM
#6
As a non-techie waiting on the sidelines cuz of security concerns, im very excited about this.

Hope it turns out well, cant wait to buy my first bitcoins !
sr. member
Activity: 293
Merit: 250
June 17, 2013, 04:06:53 AM
#5
I like Trezor and I will most likely be ordering a few.

Hardware wallets are needed in order for Bitcoin to get to the next level. Getting the average user to secure their computing environment against malware is a next to impossible task, and hardware wallets circumvent this issue.

I suspect we'll be seeing more projects of similar nature materialize in the coming months.
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