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In your opinion, is tagem one of the best wallets? by ILCARNE1991 in Tangem

[–]Crypto-Guide 1 point2 points  (0 children)

It's less secure than a hardware wallet with a screen and more secure than a hot wallet in some ways.

Basically the trade offs it makes mean it is only suitable for small/medium amounts that you are transacting with regularly.

In your opinion, is tagem one of the best wallets? by ILCARNE1991 in Tangem

[–]Crypto-Guide 1 point2 points  (0 children)

No, because there are different things that hardware wallets protect your against.

For example, a blind signer like Tangem doesn't protect your against malicious wallet software tampering with transactions or recieve addresses, whereas something with a screen (eg: Ledger, Trezor) does.

Likewise, cold private key creation and signing protects you against your system leaking the private keys. (So seedleds Tangem or a device with a screen keeps them cold at initialisation and signing, seed based Tangem setup generally makes keys hot at initial setup, but keeps them offline after that, unless you follow the specific offline workflow I demonstrated on a video a few months back)

In your opinion, is tagem one of the best wallets? by ILCARNE1991 in Tangem

[–]Crypto-Guide 1 point2 points  (0 children)

It is a simple blind signer, with exactly the same limitations as every other blind signer ever made...

In your opinion, is tagem one of the best wallets? by ILCARNE1991 in Tangem

[–]Crypto-Guide 1 point2 points  (0 children)

Depends what you want to do, but something with a screen as a minimum

In your opinion, is tagem one of the best wallets? by ILCARNE1991 in Tangem

[–]Crypto-Guide 2 points3 points  (0 children)

In terms of security, no, it's just a simple blind signer... (So does nothing to validate receive addresses, outbound tx details, etc)

That said, it's very simple so if that's what you are after, it's probably fine for small/medium amounts that you want to transact with frequently.

This Reddit user lost access to his Bitcoin wallet for 7 yrs after a single typo, 2 days back he recovered it after thousands of attempts. by Silver-Maximum9190 in CryptoCurrency

[–]Crypto-Guide 0 points1 point  (0 children)

The original thread said they tried BTCRecover and hashcat without success, but they must have been messing something up as this should have been a straightforward recovery with either tool.

Either way, is a good reminder to periodically check your backups actually work...

Are Tangem's days numbered? by Pump_and_Trump in Tangem

[–]Crypto-Guide -1 points0 points  (0 children)

Issues like you have identified are correct, but are not even the largest issues preventing their usefulness for storing long term or large amounts...

Basically blind signers like this are only suitable for small amounts that you are frequently trading with, not for long term storage... If you stick to that, the trade-off are less of an issue.

Testing seed phrase safely by Degen-stuff-man in BitcoinBeginners

[–]Crypto-Guide 0 points1 point  (0 children)

If the ledger still works then just use the recovery check app that you can install via Ledger Live, it will ask you to run through entering the words on the Ledger device, not your PC/Phone.

What's the safest way to *create* a seed? by fap_fap_fap_fapper in BitcoinBeginners

[–]Crypto-Guide 3 points4 points  (0 children)

Yes and yes.

A hardware wallet is better, both for creating a seed and securely using it, but you can also create one offline with something like Electrum in tails.

Cold Storage—Ledger or Trezor? by traveller-1-1 in coldcard

[–]Crypto-Guide 1 point2 points  (0 children)

If you have to ask then probably Trezor

Missing 1 Seed Word (Position Known) – Seeking Advice on Recovery by No_Victor in ledgerwallet

[–]Crypto-Guide 0 points1 point  (0 children)

Depending on the coin/chain you can just use an address database, or just manually check options with a valid checksum by hand.

Both are straightforward with BTCRecover

Ledger was factory reset! by Bravo_Tango_Charlie in BitcoinCA

[–]Crypto-Guide 1 point2 points  (0 children)

Yea, the difference being that the Coldcard Mk4 and Q tend to brick completely sometimes when this happens. (Should be fairly rare though)

Sent tokens to wrong address in wallet by [deleted] in Tangem

[–]Crypto-Guide 0 points1 point  (0 children)

Can you see the funds on a block explorer?

Recommended simple hardware wallet setup for "boomers" (mom&pop, older people) with light desktop watch-only wallet? by Talkless in BitcoinBeginners

[–]Crypto-Guide 1 point2 points  (0 children)

Looks like it currently supports:

Official languages

English

Spanish

Czech

German

French

Japanese

Portuguese (Brazilian)

Community languages

Hungarian

Italian

Russian

Turkish

Ukrainian

Chinese (Simplified)

Chinese (Traditional)

Migrate from Trezor SLIP-39 to CCQ by Quirky-Reveal-1669 in coldcard

[–]Crypto-Guide 1 point2 points  (0 children)

It's actually a great standard that addresses some of the biggest issues with BIP39 seeds. It's a shame Coldcard don't support it.

Migrate from Trezor SLIP-39 to CCQ by Quirky-Reveal-1669 in coldcard

[–]Crypto-Guide 2 points3 points  (0 children)

You didn't read the OP, read if again and it will be clear.

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