it is amazing that ledger spent millions to try and break cold card and they just assumed that no dumb ass would be inept enough to fuck up the random number generator
low entropy collisions. people were generating the same wallet.
what a royal embarrassment. everyone blames NVK but it looks like the dude named doc_hex wrote all this terrible code.
View quoted note →
all of these coldcard movements are causing tons of coinjoin datasets to be reduced. the only private way forward is lightning. coinjoin was a fun experiment but all of this new movement is reducing anonymity sets by a lot.
do no trust a hardware wallet even the ones still standing with giving you a random seed.
do not trust a desktop wallet either. draw your own words from a bucket that are cut out and replace the word you drew each time. then use seed signer to calculate your 24th word.
i still keep wondering if this was an inside job. no one ever cared about coldcard's code base. no one ever contributed except for these three and then out of the blue someone uses a very new model to find a bug and exploit it
coinkite is quiet because they can't do anything. they have no liability and they knew it. the greatest wrongs in the world are committed by well meaning people doing the wrong thing.
Don't wait for a hardware wallet to arrive in the mail. Just create a software wallet on sparrow that is encrypted and move your funds there. Then rebuild your setup later.
when you need to ensure an off ramp for boomers pensions and retirement accounts your look to pass the bags to the younger generations in a way that appears altruistic
View quoted note →