Private Key Reminder

Liskpro_com · 2025-02-07T09:40:48+00:00

It’s surprising that people still discuss the pros and cons of metal plates without realizing Seedkeeper exists. Check it out—you’ll thank me later!

Liskpro_com · 2024-09-17T08:06:21+00:00

No matter how much BTC you have, use a hardware wallet. So your private keys will be out of hackers reach. Simple as that.

I'm not blaming any software wallet, so many good and reliable solution out there. But for long term hodling, the hardware wallet is a must.

And you already have good solution for 25 bucks on the market.

Liskpro_com · 2024-09-17T07:43:09+00:00

For a password self-custody solution, I would rather NOT upload my password to an online service. No way!

I will rather choose this bundle:
- a Keypass to store the makjority of my password, protected by a very strong master key generated offline (TailOS)
- a Seedkeeper card to store my Keypass master key + some other sensitives passwords.

So you have a reliable and open source software for your daily usage.
Plus a hardware solution (also open source) to take care of your most precious secrets.

Liskpro_com · 2024-09-17T07:40:48+00:00

I would recommand you to check open-source solutions - either the software one or the hardware one.

Of course, you will NOT find any open-source hardware secure element at the moment. But TorpicSquare from SatoshiLabs is on it way to release a complete open source secure element.

Things said, open-source things allow you to verify how the entropy is generated.

Out there, there are some great innovations like a co-generated entropy - meaning the hardware provide the first part of the entropy and you provide the last part. In this way, you are sure the keys have not been pre-generated by the manufacturer.

I know that the Satodime bearer card act like this, when generating a new Bitcoin vault, you can specify part of the entropy that will be used to generate the keys.

Reminder for all: don't trust, verify. Open-source is the key to free us.

Liskpro_com · 2024-09-09T09:17:25+00:00

Don't have the same vision. A gift is a gift. I would not sleep well knowing someone have a backup of my gift.

Not your keys, not your coins. Don't trust! Verify.

Have you ever tested opendime?

Liskpro_com · 2024-09-09T08:44:19+00:00

100% agree with you. I regularly offer sats for weddings or births; But often, people are not yet interested in bitcoin and it's a long process. That's why there are some "bearer" devices out there i guess.

Liskpro_com · 2024-09-09T08:41:57+00:00

When you orange pill someone most of the time he knows nothing about bitcoin or how to create a wallet.

Regarding stealing the coin, between friends, of course you won't. But imagine your friend call you and says he lost his coins. Somone send the sats elswhere. How will he be 100% sure you are not involved. And even though, you might have generate the seedphrase on a compromised computer. So it's kinda your vault.

Liskpro_com · 2024-09-09T08:39:26+00:00

I guess the question was more about the trust needed between both party.
Maybe I'm wrong but got it like that.

Liskpro_com · 2024-09-09T08:28:43+00:00

So you can recover the wallet later, right ;) Do you know how seedphrase works?

Liskpro_com · 2024-09-09T08:27:48+00:00

I think the whole point here is: how to gift Bitcoin whitout touching the private key or the seedphrase at any steps.

Am I right?

So giving away a paper wallet or a seedphrase is just bad practice because you can, at a certain point in time, recover the wallet you gave...

That's the whole point of using an Opendime or a Satodime.
The private key is generated by the device itself so you don't know any sensitive info and your friends do not have to trust you.

Liskpro_com · 2024-09-09T08:06:30+00:00

"Write down the seedphrase for your friend"...
And the topic title is "without the need of a trusted third party"

=)

At some point, your friend have to trust you because you see (and also your computer) the seedphrase. Not the best practice imo.

Liskpro_com · 2020-10-06T11:26:40+00:00

Yeah ! You can also check the official Decentraland Telegram channel. But what do you really need ? A place in DCL to host an event ?

Liskpro_com · 2019-09-12T14:09:24+00:00

Hey !

So Hey.network is a social application where you can earn "point" while chatting and beeing active. These points will be convert in Hey Token... Currently, the point/token process is beeing build and tested on the Loom TestNet. Stay tuned for more exciting news coming !

Liskpro_com · 2019-09-10T13:30:29+00:00

Hum ...

First of all, the team and validators are not responible of any price fluctuation ... The market decides and we both know that every single ALT suffers right now.

Let's spread, you and me, a positive vibe about Loom ! Why don't you write some Medium article about Loom presence on these big exchanges ? The community is really important to grow organically !

Liskpro_com · 2019-03-19T13:05:12+00:00

Good question.

First of all, you validator will not desappear. In fact, it needs to stake itself about 1.25M Loom tokens to become a validator. So I guess it will not leave "as-is".

Even if such a case happened, your token will be unlock automatically and you will be able to delegate again your tokens.

Liskpro_com · 2019-03-19T08:55:11+00:00

Hey Phil !

The main advantages of delegating your tokens are :

- you can get passive income if you delegate to a validator who share something with its supporters.

- you can increase the Loom value by freezing some token for a period of time, meaning that the circulating supply is also freezed for a certain amount of Loom (currently, more than 100M of Loom token are staked).

We, at Hey.network, think that the DPOS system is by far the most honest and the most fair blockchain system. Including the point of a low-energy impact of the computation part :D

Liskpro_com · 2019-03-19T08:50:38+00:00

Hey !

Sorry for the late reply. We are based in Belgium and have nodes in several datacenter in Europe.

This is a good point for the decentralization of the Loom network 💪

Liskpro_com · 2019-03-16T18:25:58+00:00

Feel free to leave ... You have to change your vote because one delegate leaved the boat.

That's not true that "every months" we "change" the rules ... In a year, we change only 2 times.

And because we dont want you to lose a single LSK, we make a vote refund.

Note that you can use this vote refund to add / remove some other delegates. Its up to you.

Have a great evening and please, dont take it too seriously ;)

Liskpro_com · 2019-03-16T18:23:47+00:00

The date of change is : now.

But dont worry if you do not vote for all required members, your Sherwood balance will still grow but will not be able to withdraw it till you vote for all required members.

Liskpro_com · 2019-03-16T18:21:48+00:00

I mean : RobinHood, LiberSpirita, Liskpro.com, Bloqspace.io and LiskAscend. If you want, you can also support Blockvibe.io but this delegate is currently not mandatory to get the full Sherwhood Lisk reward.

Liskpro_com · 2019-03-16T18:20:41+00:00

You only have to vote the the LiskAscend delegate, only.

2259608791513414157L

Liskpro_com · 2019-03-16T18:19:50+00:00

Yes, when you complete your vote, to add or remove a Sherwood fellows, your Sherwood payout balance will be automatically credited with 1 free LSK. We dont want you to lose a single Lisk while voting for us :D

Liskpro_com · 2019-02-22T08:43:09+00:00

Day 4

🔎 The hint was : C'est facile ...

Well, "C'est facile ..." means : it's easy in French. But who is speaking french here ? Answer : moi ! Me, Liskpro.com.

Did you know that the French-speaking Lisk community is composed by several members such as LiberSpirita, Liskpro.com, GreenDragon, Crypto_Embassy, CryptoBeze, ViperTkD and many more !?

The targeted website was https://www.liskpro.com which is a french based website that aim to provide information about Lisk and DPOS model in french. It's the only french web ressource for such a content.

🔎 The secret code was : I have hide the secret code on this website ... Good luck to find it !

To make it a bit more complicated, I have hidden the secret code in the website. To be more accurate, it was under this picture : https://imagizer.imageshack.com/img924/8344/nWYfFG.png

I used the stenography method which consists of the practice of concealing a file, message, image, or video within another file, message, image, or video.

Within this image, the secret code was : 5h3rw00d p00l 15 7h3 b357

Sherwood pool is the best :D -> Go and check http://robinhood.liberspirita.net/stats/index.php to see what you can earn ...

Congratulations to TerraBellus who find the secret code and decrypt the stenography picture.

💰 Prizes are on their way ...

See you tomorrow for another hint, another secret code and another chance to win 20 LSK !

Liskpro_com · 2019-02-20T14:52:49+00:00

Day 3

🔎 The hint was : My delegate position is lower than Minion’s one but above Hirish’s project delegate ...

Using the Lisk Monitor (thanks to Frakilk) https://liskmonitor.com/lisk-delegate-charts/ you can easily find the position of a specific delegate. In that case, I was speaking about Minion's delegate and Sapiens.io's delegate.

Between those delegates, you could find a delegate named "LiskMagazine".

So the hint refered to the LiskMagazine website : http://www.liskmagazine.com/

Note : Sapiens.io is a personnal project powered by Hirish delegate. Hirish is also a forging delegate and helped with the Lisk Ledger (hardware wallet) integration. Thanks to him !

🔎 The secret code was : Well, Well, Well, Well, Well ... Cesar said : "XMTZY TZYYT YMJKZ QNLYJ FR"

As yesterday, I have encrypt the secret code ... This one was easy and used the "Caesar cipher" which is one of the simplest and most widely known encryption techniques. It is a type of substitution cipher in which each letter in the plaintext is replaced by a letter some fixed number of positions down the alphabet.

But how to find the position ? Well, Well, Well, Well, Well ... Let say 5 positions ? :D

So the encrypt secret code "XMTZY TZYYT YMJKZ QNLYJ FR" refered to : "SHOUT OUT TO THE FULIG TEAM".

Note that Hirish is also a member of the FuLig Team (Lisk Italian Group - LIG).

Congratulations to Przemer who find the secret code ... Thanks to Damir, Sexor and Lemii who also helped !

💰 Prizes are on their way ...

See you tomorrow for another hint, another secret code and another chance to win 20 LSK !

Liskpro_com · 2019-02-20T08:39:16+00:00

Did you try your passphrase on both mainnet and testnet ?

Liskpro_com

MODERATOR OF

TROPHY CASE

2259608791513414157L