Charles Guillemet is the Chief Technology Officer at Ledger and Ian Rogers is Chief Experience Officer at Ledger. In this interview, we discuss vulnerabilities and the foundations of secure Bitcoin wallet design, exploits and grey markets, secure silicon vs opensource, and building tools for the future of digital freedom.

The Coming Digital Dystopia with Charles Guillemet & Ian Rogers

The Anonymous Crypto Storage Solution Preferred by BTC Millionaires 
Private Crypto Banking , Unseizable & Untraceable. 

More Info : https://www.digitalbank.capital/

The Private Crypto Vault: Secure, Unseizable Crypto Custody. DigitalBankVault.com id new cryptocurrency custody solution called the Crypto Vault, emphasizing its superior security compared to traditional methods like cold storage. It achieves this by not storing private keys permanently on any device, instead generating them only during transactions and immediately deleting them afterward. 

This system boasts features like unlimited wallets, device independence, and immunity to loss or theft. Furthermore, the Crypto Vault offers user-friendliness and additional security benefits, including multi-signature options for joint wallets and enabling cryptocurrency inheritance and insurance. The technology is presented as a significant advancement in digital asset security. How Bitcoin Billionaires are storing their wealth?

No Institution, No Physical Address, No Third Party involvement, No servers, No data storage: 100% Paperless. 100% Nameless. 100% Decentralized.  

Their Cryptocurrency assets cannot be traced, frezeed , confiscated , taxed or stolen.

No Private Keys Stored Anywhere at any given time. 

High Net Worth individuals remain independent of third-parties to own or store your assets , they built their own crypto custody solution.

When owning your own crypto wallet technology you don’t have to trust any third party .  Hacking of Crypto Exchanges and Wallets is not their issue anymore .  

The Loss of Access to Bitcoin and Crypto Accounts is not their concern anymore.  Confiscation and Seizure of Crypto Accounts, they are not preoccupied by these issues.  

Freeze and Block of Crypto Funds and many more problems connected to Crypto account holdings on third party platforms is not relevant to them .  

Cryptocurrency Inheritance to the next generation is private , secret and leaving no trace .

Anti Interception

Anti Ransomware Extortion
Anti Espionage
Anti Hacking
Anti Spyware 
Anti Location Tracking 
Anti Forensic Data Extraction
Anti Tapping
Anti Remote Digital Surveillance

The Anonymous Crypto Storage Solution Preferred by BTC Millionaires

More Info: https://www.digitalbankvault.com/  . Contact us at info@digitalbankvault.com . Trezor and Ledger store encrypted private keys permanently, making them vulnerable if compromised. In contrast, DigitalBank Crypto Vault generates necessary data only during transactions, immediately deleting it afterward, thus eliminating the risk of permanent key storage. This approach also addresses the vulnerability of traditional 24-word backup phrases. The core difference is the permanent versus temporary storage of cryptographic keys. DigitalBank Crypto Vault prioritizes enhanced security by avoiding permanent key storage.

Top Disadvantages of Hardware Wallets: The security issues connected to hardware wallets

The greatest challenge for all hardware wallet devices is to make sure that private keys are at all times protected from exposure.

The Crypto Vault solves this security problem once and for all in the most simple way possible – no private keys actively used and therefore not stored permanently on the device or anywhere else.

Private Keys are stored permanently (although encrypted) on all the hardware wallet devices so that they can easily be retrieved by expert engineers.

The Crypto Vault is not storing permanently private keys or passwords, because its combination of encryption algorithms are replacing them, they are generating on the spot the data needed in order to confirm the transaction with the blockchain and then immediately erase permanently all information, so that in case someone wants to try to extract this data, he will find only useless fragmented pieces of unusable information.

This is another layer of security that goes beyond keeping the private key outside the computer environment or from devices with internet access.
The Crypto Vault is a huge technological leap forward and surpasses the security of paper wallets, hardware wallets, and even the most sophisticated forms of cold storage (“air-gapped” computers that have never been connected to the internet).





Top Disadvantages of Trezor and Ledger: The security issues connected to hardware wallets

https://www.digitalbankvault.com/ . Contact us at Info@DigitalBankVault.com. The Podcast discuss significant security risks associated with Ledger and Razor hardware wallets, focusing on user error as a major vulnerability. It highlights the problem of easily compromised backup phrases, which reveal the wallet's private keys. Furthermore, the text points out that private keys are permanently stored, albeit encrypted, on the devices themselves, raising concerns about potential recovery by skilled individuals. This ultimately underscores the inherent vulnerabilities in hardware wallet security despite encryption measures.

Top Disadvantages of Hardware Wallets: The security issues connected to hardware wallets
The greatest challenge for all hardware wallet devices is to make sure that private keys are at all times protected from exposure.

The Crypto Vault solves this security problem once and for all in the most simple way possible – no private keys actively used and therefore not stored permanently on the device or anywhere else. Private Keys are stored permanently (although encrypted) on all the hardware wallet devices so that they can easily be retrieved by expert engineers.

The Crypto Vault is not storing permanently private keys or passwords, because its combination of encryption algorithms are replacing them, they are generating on the spot the data needed in order to confirm the transaction with the blockchain and then immediately erase permanently all information, so that in case someone wants to try to extract this data, he will find only useless fragmented pieces of unusable information.
This is another layer of security that goes beyond keeping the private key outside the computer environment or from devices with internet access.

The Crypto Vault is a huge technological leap forward and surpasses the security of paper wallets, hardware wallets, and even the most sophisticated forms of cold storage (“air-gapped” computers that have never been connected to the internet).
Then the Backup issue of the hardware wallets : Anyone who finds a list of 24 words ( the usual backup of your private key on those wallets) knows instantly it's a crypto wallet.
This is a major attack vector that has been eliminated from the Crypto Vault.

Firmware Updates: We can all agree that no matter how secure a hardware wallet is, it is user error that can be the biggest cause of lost or stolen funds.
Through an advanced security process, we created a system that needs no updates.
No Downloads: There is no need to download and install firmware's updates, or delete and add token apps in order to keep your device up to date. No dangerous online updates are sent to your device.

No phishing issues, you don't get an email with links to download, because of the fact that our encryption device has no update options. Not only is this a flawless experience for the user, but it is also 100% secure.

No connections to your possibly compromised PC is needed.
No more messy wires: There is no need to connect your Crypto Vault to a computer with a cable, at any given time.

Wherever you are, your crypto vault always works wirelessly over any WiFi network.
The primary reason the Crypto Vault is designed as a wireless system is to completely isolate the most critical functions from the computer so that there is no possibility of exposure to malware.
Your device only transmits approvals (not private keys) to the blockchain.

The Encrypted Wifi connection makes the Crypto Vault incredibly convenient to control your digital assets through a discreet and military-grade secure encryption system under your own hands and under your control.











Ledger and Trezor Hardware Wallet Security Risks

https://www.digitalbankvault.com/ . Contact us at Info@digitalbankvault.com . The Cold Storage Failure
If the device with the Crypto Vault App t is seized or stolen, taken apart, and forensically analyzed the private keys cannot be retrieved.
If the cold storage device or computer is seized or stolen and taken apart, forensic analysis can recover private keys.
The air-gapped computer only provides protection if it can be kept safe in the local environment.
The Private Crypto Vault System Requires minimal technical skills. Low risk for lost funds due to user error.
Cold storage requires a high level of technical skill. If a strict protocol is not followed, funds can be lost.
DigitalBank there are zero maintenance costs Cold storage is an expensive operating system
If the device used is seized, lost, or stolen the funds are completely safe. There is nothing on the device. Just a normal Android Phone !

Users can just get new device and continue to access Blockchain and their crypto funds.
If a Cold Storage computer is seized, lost or stolen the funds stored on this machine are likely permanently lost unless a back-up was made. In this case, the back-up itself is a security risk depending on where it is being stored.
With the Crypto Vault , the users can access their funds at any time, even years later. It doesn't matter if the device is lost or missing.

With the Cold Storage users must rely on keeping their "air-gapped" machine safe at all times and in their possession. Without the machine, funds cannot be retrieved.
The Crypto Vault is extremely user-friendly: When using the DigitalBank Crypto Vault, very easy to operate through an intuitive interface. As easy as sending an email.

While Cold Storage is Very difficult to operate when funds need to be moved. User error can cause a loss of funds.With the DigitalBank No way for an attacker to access funds stored by device either online or locally.
With Cold Storage: Many identified weaknesses and attack vectors that make this solution prone to security risks. Internal workers can take control of client keys or even an entire air-gapped computer that holds the private keys
Cold Storage holds your keys and you just need to trust them and pray daily that nothing awful will happen such as internal hacking, fire in the cold storage premises, earthquakes, or floods...Cold Storage is Susceptible to Physical Damage. 


Cold Storage Wallets Crypto Risks : Ledger & Trezor Dangers

une chronique pour essayer de comprendre la multiplication des enlèvements de proches de détenteurs de gros portefeuilles crypto...

cryptomonnaies et enlèvements

In this exclusive episode of MMJ News Network, host JM Balbuena takes you inside the Solana Accelerate Conference in NYC for a behind-the-scenes look at the highly anticipated launch of the Solana-branded Ledger Flex hardware wallet. 🎉

Featuring an on-the-ground interview with Ian Rogers, Chief Experience Officer at Ledger, this episode breaks down what this collaboration means for the future of crypto security, self-custody, and how Web3 communities are being prioritized.

💡 Topics Covered:

What makes the Ledger Flex different
Why self-custody matters more than ever
How Solana holders get early access (plus that soulbound token 👀)
Optional recovery tools and future-proof crypto security
Real talk on avoiding another FTX situation

MMJ News Network Podcast Episode 1 Ledger and Solana Unite for Secure Self-Custody

10 Things I H8 About U

CRYPTO

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The media lies, governments mismanage, and our financial systems are failing us. In Mr Obnoxious, Peter McCormack explores the new frontier of tech, money and governance.

Welcome back to Cyberspace - it's been a while.

ltlrd.org

New tracks tagged #ledger