There is no way a cold wallet could be compromised, unless you give out the private key. Even a computer hacking it would take next to forever to crack it.
122 sats \ 5 replies \ @ek 9 Aug
Cold wallets can be compromised through malicious firmware. This is what Dark Skippy is about: malicious firmware leaking private key information via signatures.
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Okay, I am a bit old school here. When you were talking about cold wallets, I thought you were talking about the ancient paper wallets. I see where this is going, with the new electronic cold wallets.
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30 sats \ 1 reply \ @ek 9 Aug
If you want to move funds on your cold or paper wallet, you still need a signing device. Afaik, a hardware wallet is the closest thing to a cold wallet that can do that.
But you're right, I didn't distinguish between hardware wallets and cold wallets. Sorry for that.
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No, its okay. If you do use the hardware wallets, you have to be careful of many things. But people using them generally dont download malicious hardware. I would think they would be more secure than that.
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20 sats \ 1 reply \ @Cje95 OP 9 Aug
So lets say I have a Ledger and I do all my updates through its platform that in theory should protect me from this right?
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Actually, it says it needs at least two transactions, so if you only but the bitcoin in your wallet, you should still be safe.
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