What crypto Hardware Wallet do you use? Introduction to Cypherock.

shikharv ⚡
2 replies
Recently an unfixable security flaw in Trezor was released through a blog post by Kraken Labs. Trezor has its code open-source but the closed source architecture of other hardware wallets makes them hard to analyze for vulnerabilities, even if they might have flaws. I truly think the architecture for secure seed storage for crypto wallets is broken and that's why we are working on product that does not store your private keys in a single place and hence does not have a single point of failure in its storage, unlike the hardware wallets of today. Do checkout https://cypherock.com/ . Any feedback is appreciated.

Replies

Crypto Lover & Enthusiast
I like it, seems to be a safe thing. When I think about Private Keys or Memoric phrases, and I'm no programmer or Hacker, i think about that this are only words or numbers, placed in some binary way, or? Isn't it easy, just by testing words and codes, to find Wallets? For me it seems to be a bit stupid. Cause if you would find a working phrase or code, your directly in. You set a new password and that's it. On the other Hand, if the right owner types his Phrase or Code somewhere, or want to open his wallet, he's also got his Access 🤷🏽‍♂️🤷🏽‍♂️🤷🏽‍♂️
Marketer With Tech Roots | CryptoNerd
@simracingfriendsger_official The seed derivation of mnemonic phrase usually uses a very high entropy , a 24 word seed phrase can have an entropy of 2^256, the chances of brute forcing the seed phrase or another person landing upon the same seed phrase is not likely due to the sheer randomness. You can take a look here at this reddit thread if you would like to learn more. https://www.reddit.com/r/ledgerw...