bitebits
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Bitcoin != exchange rate


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May 04, 2018, 05:56:29 PM

Hardware wallets terrify me for some reason. Not 100% sold on them yet, being an old crotchety Bitcoin "Core" user from day one. I feel more in control of my encrypted wallet.dat / IT OpSec / interfacing with something I have the option of building from source.

I'm concerned about being locked into a hardware wallet's ecosystem... I really need to look into them more.

Except you just don't do that from a 'hot machine' connected to the Internet. Ever.

Call me old fashioned but I don't like the hardware wallets either. It is still a device with your private keys directly connected to the Internet, multiple issues have been found and patched on the Trezor/Ledger and co.
Therefore (I just) use an old crappy laptop to sign the transaction:

- Rip the wifi/bluetooth/hdd out and boot from USB (using Tails & Electrum/Bitcoin Core for example).
- Create the transaction in your 'online watch only wallet', and cold sign the transaction on the offline laptop. Done.

Bob, please..