Why can't regular flash drives store Bitcoin - page 2.

BlackHatCoiner

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Quote from: darkv0rt3x on May 04, 2023, 06:17:50 PM

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Papers and metal plates were never portrait as the absolute solution. Everything corrupts in the extreme, but there is an order of magnitudes difference between that and a flash drive, security speaking.

Quote from: wxa7115 on May 04, 2023, 11:08:41 PM

just remember that those flash drives have the tendency to die down after a few years, so do not use them as your main way to store your coins

Or avoid them altogether when there is paper and pencil. Not to mention that someone who compromises your device can trivially notice private keys in your device.

Assface16678

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

you can store bitcoin and any other stuff life your private keys. If you're flashdrive can't store bitcoin, i think there's a problem with that. Hard wallet is the one I trusted and it's going pretty well.

death69

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Flash drive, really? Might as well jot your secrets on a coaster and pray, right?

Kidding aside, though hardware wallets are the bee's knees of safety, there's no shortage of methods to stash your Bitcoin sans worry.

One plan is to harness a USB drive, tucking your private keys into an encrypted fortress. Sure, it's not Fort Knox like a hardware wallet, but it keeps your digital gold away from nosy Nellies.

Remember to roll with trusted software like Electrum to conjure your keys and wrap your file in digital armor. And, naturally, don't space on cloning backups and hiding them like buried treasure. Nobody wants to be that schmuck who waved bye-bye to Bitcoin over a java mishap.

wxa7115

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

You can store your coins in any way you want, it is just that a hardware wallet is a very safe way to do it, however if the supply of those hardware wallets is on the low side where you live or their cost is prohibitive for you then you can choose several other alternatives.

Since you are posting in this forum then this means that you have access to electricity, the internet and a computer or a smartphone, meaning that you already have all what you need in order to store bitcoin securely, now you can store a backup on a flash drive if you want, just remember that those flash drives have the tendency to die down after a few years, so do not use them as your main way to store your coins.

Z-tight

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Quote from: Magic-Money on May 04, 2023, 12:25:37 PM

Bitcoin storage has many ways to store in difference wallet, which is Trust wallet App is good to store your Bitcoin, because using flash drive can be clash or corrupt, but Trust wallet can not be corrupt, but as long the phase code is saved, the wallet and assets is saved

Bad recommendation. Trust wallet is a closed source wallet and it is also owned by Binance, two read flags, their codes and seed phrase cannot be verified, and CZ is a shady person, so we don't know what he is doing behind the scenes. Recently a vulnerability was also exploited in Trust wallet and people lost their funds. Electrum is a good recommendation, it is a self custody wallet and open source, so if you were using Trust wallet to hold your BTC's, you should create a new wallet in Electrum and send all your BTC's there.

Cryptomultiplier

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As the name sounds regular, so are the functions regular to the reason why it was built in the first place. Hard ware wallets need hard ware device to carry their data. Software had even thier own devices or ways to keep its data safe.
When I see a topic like this asking why a regular flash drive doesn't store Bitcoin, I worry the level of exposure such a one has had as regards methods used to keep cryptocurrencies safe from hackers, scammers or even loss or corrupt storage spaces.
Flash drives are of different sort, and the kind of data it stores is dependent on programmed software built into it already.

Bushdark

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it's important to remember that using a software wallet, even on a flash drive, can come with security risks. So, it's important to take precautions like using a strong password and keeping backups of your private keys.

There are many ways we can keep our private keys from intruders but we need to ask ourselves this question that what will happen to our Bitcoin after we have kept it from anyone seeing it and we finally passed away maybe through accident or illness. I have tried as much to inform my family of me owning Bitcoin with some clue of how they can manipulate my portfolio if in case I accidentally passed away. We should not hide assets from the family of close people around us.

There had been billions dollar worth of Bitcoin that was lost due to try to keep our Bitcoin portfolio from our families or loved ones. We need to let people around us have some clue about our crypto portfolio so Incase anything strange happen to us.

SmartGold01

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

The flash doesn't only holds bitcoin but their seed phrase can be stored inside the flash drive maybe as a backup but is not trusted to use because whenever you have those seed phrase stored inside, and slot in your flash drive to any computer that has virus it might get corrupted this may lead for you not have access to the wallet again which would results in loosing the funds stored in that address since you don't have access to the private keys again.
This is not advisable imo.

darkv0rt3x

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In fact every solution comes with risks. If we go to the extreme, hardware wallets can also be hacked, can get damaged (harware damage leading to corrupted data). Paper can burn and can vanish if it goes in water. Metal plates can be lost if not properly stored. Encrypted containers can get corrupted also by hardware failure, etc, etc, etc. There is an infinite number of possibilities to get screwed. So, in the end, the best, but yet not risk free, is to have redundancy, meaning to store/save your keys/data in multiple places in different forms and have someone of your absolute trust to know about those places and ways of getting the data in case the owner passes away or is incapacitated of managing its data!

zasad@

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

If the amounts are small, then you need to download the mobile version of the Electrum wallet and the Veracrypt program.
Your encrypted container can be disguised on a USB flash drive as any file that you save on a few. It's safe if your computer is free of viruses, but it's fast and convenient.

Rruchi man

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

Everything has a purpose and a particular functions that they were created for, flash drives were never created to store bitcoins, so it not something possible for it to do. The purpose and idea behind the creation of flash drives was conceived without any knowledge of something called cryptocurrency or bitcoins in particular. Flash drives have their history as far back as year 2000 so you can understand why bitcoin storage was not considered as a function for them.

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

I think the hardware wallets don't have any rocket science, it's just that it contains your private key which makes your wallet accessible when the hardware wallet is attached. If you keep the private key in the pendrive and attach it only while making your transaction and remove it after transaction it's as good as a hardware wallet only. But yes that automatic mechanism you won't get using a flash drive.

MIner1448

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Regular flash drives cannot store bitcoins because bitcoins are a digital currency that is stored in the form of cryptographic keys. Cryptographic keys are used to sign transactions and verify ownership of funds. These keys are very important to the security and privacy of Bitcoin, and if they fall into the wrong hands, your funds could be stolen.
Regular flash drives are not secure enough to store cryptographic keys and can be compromised by virus attacks or physical damage. To store bitcoins in a secure way, you need to use special hardware wallets that provide a high level of security and key protection.

Magic-Money

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Bitcoin storage has many ways to store in difference wallet, which is Trust wallet App is good to store your Bitcoin, because using flash drive can be clash or corrupt, but Trust wallet can not be corrupt, but as long the phase code is saved, the wallet and assets is saved, and avoid online Dex connecting Wallet, so that the wallet will not be compromised.

m2017

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

I will answer the title question: because it is extremely unreliable (due to the design features of the flash drive, which can suddenly fail and practically can't be recovered from lost data) and not safe (viruses can steal your data when connected to a PC).

What's stopping you from using a non-custodian wallet like Electrum? Install the full version or copy the portable version on a flash drive and get what you want - "hodl Bitcoin in a flash drive" (if can call it that). But be aware that this will not be the best solution.

nimogsm

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

you can use regular flash drive as storage why not? but how you encrypt the data there is up to you. And the second point that you did not take into account, make more than one copy of your private key or the information that you are going to store there, it is more likely that you will save what you need, otherwise, with the loss of the first flag, you lose absolutely everything, there should be more than one reserve .

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

If you want to invest your funds and coins, it is also a MUST to invest in a wallet that will secure it. Yes, you can use a written program with a custom key to keep your funds but there is no assurance that it is truly secured and be compatible with computer software and programs in the future. Take note that this is your fund and you are the one accountable for its probable loss. So whether you invest in expensive but secured hardware wallet, use custodian wallets, or rescript programs, just make always ensure the security of your own funds.

Aanuoluwatofunmi

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Quote from: Crypt jnr on May 01, 2023, 12:28:13 PM

In most part of Africa hardware wallets are not only difficult but expensive to get apart form using custodian wallets like trust wallet and metamask is there an alternative software that can help hodl Bitcoin in a flash drive. or otherwise

You can also make it more simple if you can't afford to get a hardware wallet, why not try an electrum wallet, it a multisig bitcoin wallet but can hold your asset well in a safety manner if you can handle well the private keys it generates for you, also know that you could have access to your bitcoin at anytime and on any device only if you can always have your private keys privately secured with you against any third party influence or access.

monedauno

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To be considered as a smart person in are responsible for the file structure for your flash drive. In this article, a lot of flash drive are used.

What happens if you download your flash drive over the Internet with some other software? Then the file will be removed and in turn, you are asked to download some other file into it. You could do this via a web browser and then the file will be stored in the flash drive.

Why do i need to download a flash drive?

If I have already downloaded a flash drive then the software program that will work with the drive is also available. If you download the flash drive using a web browser, then the flash drive will be created in the browser. Or else you would like to have your file removed.

But the flash drive does not have to be installed with you. Also, if you want to start a flash drive without any internet connectivity then you can use a web browser.

If I have already installed a flash drive you would need to find out more about flash drive and download the software that you are already looking for. So if you are running Linux, then it would be good to do it in a non

MusaMohamed

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How to Install Tails OS on USB flash drive for Wallet Purpose
Using mobile phone as a full mobile wallet
Creating a cold storage wallet (Electrum)
Creating a multisig wallet (Electrum)

You can use Tail OS on your flash drives but you must have your wallet backups in other formats, other devices too. Flash drives have shorter lifespan and might have more technical problems than your HDD or SSD. You might sudden lose your flash drive and can not recover it by a serious technical problem.

I only use flash drive if I have other backups on my desktop, laptop and paper.

Topic: Why can't regular flash drives store Bitcoin - page 2. (Read 646 times)