was waiting forever to get back some @ .0272
Another opportunity was there today 
Topic: [XMR] Monero Speculation - page 345. (Read 3314316 times)
For safekeeping you're probably better off just using paper wallets. Or if paper is too unreliable medium to store information for you, you can use cryptosteel.com
oh they are a thing of beauty, although knowing my clumsy hands i would end up dropping it overboard like i did with my paperwallet
Then powder coat or galvanize it so it doesn't corrode to much while your retrieving it from the depths.
They are made of stainless steel. The do not corrode. They are pretty damn well military grade. I have one. Worth it IMHO even though expensive.
With cryptosteel there is a risk to open the bolts somehow and to mix the letters.
But if you just buy an ordinary metal stamping tool kit
http://www.ebay.com/bhp/metal-stamping-kit
and hammer the seed to a steel or aluminum plate, there is no such risk. And you can make as many back ups as you want. With very low cost.
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The 25th word is just a checksum and not actually a part of the seed itself - it's always one of the seed words and is calculated from the seed itself, so I don't think this is an issue at all.
For safekeeping you're probably better off just using paper wallets. Or if paper is too unreliable medium to store information for you, you can use cryptosteel.com
oh they are a thing of beauty, although knowing my clumsy hands i would end up dropping it overboard like i did with my paperwallet
Then powder coat or galvanize it so it doesn't corrode to much while your retrieving it from the depths.
They are made of stainless steel. The do not corrode. They are pretty damn well military grade. I have one. Worth it IMHO even though expensive.
For safekeeping you're probably better off just using paper wallets. Or if paper is too unreliable medium to store information for you, you can use cryptosteel.com
oh they are a thing of beauty, although knowing my clumsy hands i would end up dropping it overboard like i did with my paperwallet
Then powder coat or galvanize it so it doesn't corrode to much while your retrieving it from the depths.
For safekeeping you're probably better off just using paper wallets. Or if paper is too unreliable medium to store information for you, you can use cryptosteel.com
oh they are a thing of beauty, although knowing my clumsy hands i would end up dropping it overboard like i did with my paperwallet
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The 25th word is just a checksum and not actually a part of the seed itself - it's always one of the seed words and is calculated from the seed itself, so I don't think this is an issue at all.
For me after these 4 years monero is still a coin with everything to just rise up and never stop, i hope it will be doing so.
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The 25th word is just a checksum and not actually a part of the seed itself - it's always one of the seed words and is calculated from the seed itself, so I don't think this is an issue at all.
Then we would still want to know what the checksum word is. Or to make sure the monero wallets can be restored from only 24 keys.
I agree it is likely trivial, but it will still have to be dealt with. You have a 24 word seed and you need to get into a standard wallet...
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
...
The 25th word is just a checksum and not actually a part of the seed itself - it's always one of the seed words and is calculated from the seed itself, so I don't think this is an issue at all.
I mean how much risk are you comfortable with 100xmr, 1000, 10?
That is a VERY good question.
The way I see it currently we have two choices coming:
1. Ledger: Established company. Hardware proven. Track record of handling security issues well etc.
2. Monero proprietary wallet. Based on FOS design, specific to XMR.
I think BOTH devices share a common risk. And that is you want to make sure there is no way for your funds to be stolen with some sort of attack. Either on the hardware, or in between the HW and the SW on the computer.
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
I bought a Ledger, and I have not decided how much I am willing to risk there.
I recently bought a Ledger as well - mainly in hopes of moving some xmr over.
However, now I'm leaning towards just putting linux on a usb stick with a wallet there? Is there really that great of a security benefit for ledger vs a wallet on a usb stick? I'm just going to throw both in the fire safe.
I mean how much risk are you comfortable with 100xmr, 1000, 10?
That is a VERY good question.
The way I see it currently we have two choices coming:
1. Ledger: Established company. Hardware proven. Track record of handling security issues well etc.
2. Monero proprietary wallet. Based on FOS design, specific to XMR.
I think BOTH devices share a common risk. And that is you want to make sure there is no way for your funds to be stolen with some sort of attack. Either on the hardware, or in between the HW and the SW on the computer.
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
I bought a Ledger, and I have not decided how much I am willing to risk there.
I recently bought a Ledger as well - mainly in hopes of moving some xmr over.
However, now I'm leaning towards just putting linux on a usb stick with a wallet there? Is there really that great of a security benefit for ledger vs a wallet on a usb stick? I'm just going to throw both in the fire safe.
I mean how much risk are you comfortable with 100xmr, 1000, 10?
That is a VERY good question.
The way I see it currently we have two choices coming:
1. Ledger: Established company. Hardware proven. Track record of handling security issues well etc.
2. Monero proprietary wallet. Based on FOS design, specific to XMR.
I think BOTH devices share a common risk. And that is you want to make sure there is no way for your funds to be stolen with some sort of attack. Either on the hardware, or in between the HW and the SW on the computer.
The ledger may incur a second twist, and that is they will most likely be changing the seed word format from 25 to 24 words to match the rest of the wallets they support. The only concern here is there is a reliable way to either convert these wallets to the 25 word form or somehow else see their seed word format supported by other software (inc. the standard cli and GUI).
I bought a Ledger, and I have not decided how much I am willing to risk there.
monero is very durable. even in this environment did not fall. like a safe harbor. we need to keep it in the portfolio a little.
yes, we must have it because it is very good. and also Monero is one project that can be invested in the long journey. so in my opinion there is nothing wrong we have it.
Can we expect some fireworks because of the fork? Or just same as last weeks...
Personally, I’ll wait for the open source HW wallet.
it seems very cheap, how much can you confidently store on it? will it have some recovery method for lost/damaged devices?
I assume you'd have a seed as backup, same as ledger or Trezor.
I mean how much risk are you comfortable with 100xmr, 1000, 10?
Personally, I’ll wait for the open source HW wallet.
it seems very cheap, how much can you confidently store on it? will it have some recovery method for lost/damaged devices?
Typically the hardware wallet holds the key and signs the transactions. So it can hold "all the coins". Or is your questions how many wallets it would support?
Monero Ledger wallet integration is legit the longest winded most anticipated integration yet.
Will make many people happy
If a HW wallet was going to be released tomorrow, I would wait 4 to 6 months before moving anything to it... Will make many people happy
Monero Ledger wallet integration is legit the longest winded most anticipated integration yet.
Will make many people happy
Will make many people happy
Yes, Q3 2019 when it will finally be released will be a historical event
I say no more "beer & pizza" tips until they deliver. How often do you tip a waitress who comes to you after an hour and says "The chef has just finished putting pepperoni on your pizza. I will let you know when it's in the oven."?
it seems very cheap, how much can you confidently store on it? will it have some recovery method for lost/damaged devices?
I'll definitely buy one and put some spending cash on it. But as a long-term solution you're right, I'll take cold storage over a hardware wallet any day.
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