Topic: Trezor vs. paper wallets. - page 2. (Read 3165 times)

I prefer Trezor over paper wallets for ease of use.
If it stops working you can still recover the btcs with the seed, if stolen it's protected by a PIN.
Comparison chart made by Trezor

www.choosecase.com seems more convenient but twice the price

Maybe I'm confused but if you have less than 10 bitcoin, what is the point of not just putting on Blockchain.info?  I mean is it really worth it for that small of an amount, time the possibly of being hacked worth it for such a small figure?

I preffer to use paper wallet. I have not big amount to consider trezor yet.
What makes not sure about trezor is how strong is build. It`s still piece of HW and can malfunction rigth? I am not expert, any experience here?

I prefer trezor.

interesting to try it if i have 50-100btc
i will split to 5-10wallet

I can see both having their uses. As others have already pointed out one of the big advantages to hardware wallets such as the Trezor is the ease of use and convenience they provide. The advantage of paper wallets is that they are cheap and need little in the way to create and later spend them.

I would think utilizing the best of both worlds would be the wisest choice; use Trezor for smaller amounts and more everyday uses, while paper wallets can be used for longer-term storage.

To make it more secure against not only theft, but physical loss, several paper wallets can be created. Say you want to store 100 BTC for long term, you could create 5-10 paper wallets and put 10-20 BTC on each one. Store a few in your home preferably in a fire-safe, a few at a bank safe deposit, etc. to spread out risk of loss.

Also you could reinforce the paper, as someone else mentioned, by laminating the paper wallets or putting them in a plastic sleeve for even more protection against water, spills, etc. A paper wallet protected like this would last for many, many years.

They both have their pros and con's, paper wallets are easier and don't cost money but hardware wallets can be more secure. Hardware wallets have a bit more flexibility too.

This is possible, but only if you’re already an expert in mnemonics, I really doubt that anyone here will dedicate so much time in order to just use mnemonics for this purpose.

Right now I use paper wallets for the same reasons as many here: they're cheap and low tech, read hard to hack if generated properly. However if I had a larger number of bitcoins and used them more regularly then I would get a hardware wallet; probably not a trezor due to the price but most likely a ledger wallet.

Another advantage of paper wallets is their simplicity, there's pretty much nothing that can go wrong with them and using a mobile wallet such as mycelium or breadwallet all it takes is a few taps and scanning a QR code. Along with the fact that there's nothing going on in the background: using and redeeming them is manual where there are very few opportunities to be hacked.

100 % trezor
that safe can acces every time, not like paper wallet you must export it to wallet before use it

No one can brainwash me into thinking trezzor is better. Good ol paper encrypted with BIP38 is the way to go for long term offline vault sort of thing. For less amounts core, and for spare change mycellium or any web wallet.
A paper well hidden reinforced with plastic will live longer than an electronic device prone to failure

how trustworthy is satoshiLabs ?

The securest  8)wallet is hybird brain wallet. You remember the whole private key and you are very safe.

Paper for me. Costs nothing and it's 100% future proof. If I was dipping in and out of long term funds it would be a different matter and I'd probably go for a Trezor.

Both are not fire resistant but at least paper wallet is shock resistant 

you can still split 50-100btc in several paper wallets

You know what, there's a really interesting idea in there. Instead of QR codes we have iris codes, but only for receiving. You could never change your address though, and that's bad.


Really, there are many ways. Apart from the 'finger hack' (literal) there are other fairly simple physical methods:

http://www.wikihow.com/Fake-Fingerprints

And for the more advanced:

'Krissler photographed Germany’s Federal Minister of Defense Ursula von der Leyen during a public presentation in October. Combining high-resolution images he took as she moved her hands during the event, including a close-up of von der Leyen’s thumb, Krissler was able to develop a copy of her fingerprints. The hacker claims that he could then use his own copy to break into any of her accounts protected by her fingerprints, including the biometric scanners found on high-end smartphones like Apple’s iPhone and the Samsung Galaxy S5.'

http://www.ibtimes.com/hacker-demonstrates-how-fake-fingerprint-sensors-using-regular-photographs-1769408


The truth is, no one will probably bother if you just have 1 BTC, but 100? 1000? They will. The GSM technology that cold wallet uses is worrying too. That cold wallet (and I'm loathe to call it a cold wallet) should only have minimal amounts of BTC in it for day to day transactions. If it were cheap, like $20, I'd buy one for daily usage because I quite like the look of it.

pass - I don't want false security based on a photograph or a piece of filmed footage. Maybe something that could be homomorphic like where it relies on multiple levels of biometrics and an encrypted passkey - integrate that into a wallet that's indestructible and I'll buy.

I run paper wallets, a trezor, and recently Kialara physical bitcoin.  I like the trezor for spending convenience and its still encrypted with my pin.   The device firmware itself would need to be hacked to cause an issue as not keys ever appear on the screen.  Even if a hacker can see your screen all they can see is the number of times you press a key.  They would need to have seen you unlocked it to determine the pattern - though that is out the window if you use a strong key with non repeating digits.  The same can be done with a paper wallet, but more work and/or trust is needed - for instance using a web wallet requires trusting that your system is free from malware and nefarious users nearby who may just login to steal your btc because you have a saved password and an unlocked phone w/ 2fa required to do anything.   Using Electrum has been nice though and it seems easy enough to import or sweep from paper so it would be something I would likely use  (over multibit standard or HD  [which charges a fee for dev I've read])

I'am not sure how it can be faked honestly unless he have your fingerprints from somewhere then yes probably , also for importing private keys I'am not sure how Trezor wallet works exactly but a simple scan of QR code using your smartphone is enough to import your private key for what comes to Paper wallet.

Yup, Even fingerprints nowadays could be faked and the security of the wallet could easily be taken advantage. But what separates a Trezor wallet from a conventional paper wallet is the utility it offers to the end-user. You cannot easily import/export privkeys via paper wallet but you can do it fast in Trezor.