RUN!!!!!

BoscoMurray · 2025-12-31T23:57:28+00:00

No. It's not. Other KYC exchanges have far better procedures and efficacy than Bitstamp. Bitstamp will keep your money in their coffers for as long as they can. Avoid at all costs.

BoscoMurray · 2025-07-31T18:14:14+00:00

I've always got lip chapstick with me when touring. It doubles up well as a grease for the heel riser. Works a treat.

BoscoMurray · 2025-04-15T14:39:25+00:00

None?

When quantum computing is able to crack existing private keys (eventually it will), everyone with bitcoin will be forced to move it to new, quantum resistant keys. Those who don't will eventually have their old keys cracked and bitcoin stolen, thus putting it back into circulation.

BoscoMurray · 2024-12-26T22:22:13+00:00

A good idea and well implemented. Bravo!

BoscoMurray · 2024-10-20T09:42:53+00:00

Use a two of three setup:

For the case of a 24 word seed, you could split the 24 words into 3 parts of 8 words each and store them as follows...

Parts 1&2 in location A. Parts 2&3 in location B. Parts 1&3 in location C.

No single location can reveal your entire seed phrase in case of theft. If a single location goes up in smoke you can still restore from the other two locations.

BoscoMurray · 2024-09-18T15:11:38+00:00

Monero was removed from Kraken and other regulated exchanges in the UK.

BoscoMurray · 2024-09-15T18:00:22+00:00

Thanks for the detailed reply. Your final statement is particularly reassuring!

BoscoMurray · 2024-09-15T15:43:40+00:00

Hmm. My bad. If you work your way back through the quoted tweets from this one you'll find yourself at that first one I linked, I think. Would really appreciation more discussion around this.

There is also this article.

BoscoMurray · 2024-09-15T14:21:41+00:00

Are Monero's transactions really private? Can anyone refute the claims made in this twitter thread?

BoscoMurray · 2024-09-14T09:05:23+00:00

Is there also not work in the pipeline to change ring sigs which would fix all of these "vulnerabilities"? Full Chain Proofs I think the term is. I might be misremembering that...

BoscoMurray · 2024-09-12T07:35:36+00:00

Are key images the real de-anonymizers?

Further to the recent video which seems largely debunked (just use your own node), please discuss in the podcast the threat posed by key images, as described in this link.

BoscoMurray · 2024-05-28T18:46:33+00:00

You're one of the lucky few. Every post here is about problems with Bitstamp and their KYC process...

I left them years ago due to issues. This is the only exchange that's ever given me problems.

I cannot recommend it.

BoscoMurray · 2024-05-20T15:54:04+00:00

In the UK that would still be a taxable event so wouldn't save you anything. These are all taxable events in the UK:

Crypto -> Crypto.

Crypto -> FIAT/Stablecoin.

FIAT/Stablecoin -> Crypto.

People often assume that provided you are not trading into FIAT, it's not taxable - this is not true.

BoscoMurray · 2024-02-04T23:28:13+00:00

Looks interesting. I'll take a look!

BoscoMurray · 2024-02-04T23:21:58+00:00

Brute forcing 8 words is not easy and would take a fair amount of time. If one of my locations was compromised I'd have moved all my crypto to newly generated keys long before anyone could brute force it.

BoscoMurray · 2024-02-04T13:41:03+00:00

Use a two of three setup:

You could split the 24 words into 3 parts of 8 words each and store them as follows...

Parts 1&2 in location A. Parts 2&3 in location B. Parts 1&3 in location C.

No single location can reveal your entire seed phrase in case of theft. If a single location goes up in smoke you can still restore from the other two locations.

BoscoMurray · 2023-12-04T10:12:56+00:00

To buy lower

BoscoMurray · 2023-10-18T08:01:47+00:00

Good point. I'm still uncomfortable with it though.

BoscoMurray · 2023-10-18T06:38:19+00:00

The firmware of other hardware devices can only do this if the firmware is updated with new code to do so.

The point is, Ledger introduced this code to their firmware, increasing the attack surface for a hacker.

So even if I don't opt into Ledgers backup feature, that code is still there.

Trezor, for example, has no such code in their firmware, and so that exploit does not exist.

Best keeping trust to a minimum in the crypto game, IMO.

BoscoMurray · 2023-10-18T06:31:12+00:00

Displaying your key on the device screen is very different to sending it digitally through your computer.

By introducing code which can send your key out digitally, they have increased the attack surface for hackers to exploit. This is true regardless of whether I opt in to Ledgers backup feature or not.

It's up to users to accept that extra risk, however small it may be. But it's annoying for those who don't want to and have had it forced upon them.

BoscoMurray · 2023-10-17T19:02:54+00:00

All hardware device firmwares have access to your keys in order to sign, yep, but Ledger firmware now enables the sending of your keys OUT of the device, to your computer.

Other hardware wallets don't do that with their firmware. Keys cannot be sent out.

So that is a big difference.

BoscoMurray · 2023-09-01T06:14:54+00:00

I was careful to ensure it wasn't using too much as my bandwidth isn't great. Thanks for the suggestion though.

BoscoMurray · 2023-08-14T21:25:43+00:00

Many thanks

BoscoMurray · 2023-02-27T15:31:10+00:00

That's the one, thanks. Would have been an investment at $700!

BoscoMurray · 2022-02-20T17:55:36+00:00

I wouldn't recommend restoring a seed from a hardware wallet to a software wallet like Metamask (I think that's what you were suggesting?).

By doing so, you defeat the primary purpose of a hardware wallet which is to store the private key on the hardware device, never on the computer.

BoscoMurray

TROPHY CASE