đšăSeveral questions about the security of hardware wallets | For the safety of your assets, please read to the end, and it is best to like and collectă
Because we published an article about how we successfully cracked the hardware wallet and recovered 500 million assets,
When it comes to hardware wallet security and password retrieval, many people have security concerns about this. Some friends have also lost their passwords and private keys, so many people have been asking me related questions recently!
In fact, for the current hardware wallets, there are several aspects to popularize:
1ïžâŁ Hardware wallet security
The principle of hardware wallet cracking is, first, physical chip repair (some chips are damaged), second, cryptography,
At present, some wallets on the market use security chips that are useless, some are open source, and some are closed source, so the security varies.
Whatever choice you make, there may be some risks:
Generally speaking, storing it in a hardware wallet only ensures that our private key does not touch the Internet, but the actual control security still requires you to keep your private key and the hardware itself. It is best not to lose both. Many people think that everything will be fine as long as they put it in a hardware wallet, but this is actually a wrong idea.
The first is that the private key is very important. If the private key mnemonic is lost, the hardware wallet and hot wallet will be powerless and you will have nothing.
In addition, the saved hardware cannot be taken away by others at any time, which is still unsafe because there is a possibility of cracking!
I will find some time to do a comparison of the performance and sources of hardware wallets.
2âŁïžIn fact, it is easy for us to forget passwords.
It is recommended that you should not be too confident when setting advanced passwords!
I came into contact with my cracking technical team because of my own KuShen wallet in 2021. I completely forgot what I had set up that year and almost lost my assets!
Because hardware wallets rarely access the Internet, the prompt for setting a password recommends that you use uppercase and lowercase letters and add special characters. However, the assets we put in may not be moved for several years, so we may really not remember the password we set at the beginning!
At this time, I donât remember where I put the private key, so I can only find a way to crack it!
3âŁïžThere is no absolute safety
Security is no small matter. You can see that even cold wallets can have various problems and forgotten passwords.
How you store your assets is definitely a topic that requires long-term research, and you canât be careless about it:
I canât give a standard answer on how to store it for yourself. Some friends like to use multi-signature wallets, some friends use old mobile phones to make their own, and some friends like to use cold wallets and add private key tags to save mnemonics.
I suggest that everyone must learn by themselves and then plan a plan for themselves.
Because once you lose it, you lose everything!
I once told my friends that if not all of my assets are in Bitcoin, itâs not because Iâm not optimistic about it, but because Iâm afraid of the risk of losing it, so I change some of it into USD in my bank account! Now that I think about it, this statement makes a lot of sense!
