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Case – Insanely Secure Hardware Bitcoin Wallet

47 pointsby simasabout 10 years ago

9 comments

Nursieabout 10 years ago
&gt;&gt; The benefit of our device over traditional web wallets is security. Our devices are embedded. Everything that we wrote lives on the firmware. You don’t have to trust any app.<p>Errrr.... &#x27;embedded&#x27; does not mean secure. While you may not have the full software stack of, say, Android or iOS, that doesn&#x27;t make it secure by default. There&#x27;s a network interface, some sort of processor, a variety of input devices etc.<p>I would hope that before making claims like &quot;malware&#x2F;virus proof&quot; they would get both the hardware and software audited, as credit-card terminals generally have to be.
tincoabout 10 years ago
Sell me a $100 set of cards, one that&#x27;s fancy like this, but makes its own bitcoin transactions, no cooperation with a service provider like Case, and one less fancy one that just holds bitcoin private keys. You put the less fancy one in a safe at your bank, and you use the fancy one for your daily business. If you ever lose the fancy one, simply buy a new one, and load it up with the backup you keep at the bank.
al2o3crabout 10 years ago
&quot;You can trust us, sure we do two-signature transactions and hold two of the keys, but it&#x27;s TOTES LEGIT GUIZE&quot;<p>Other fun thought: if Case goes under, your BTC are now unusable. Good thing hardware startups never fail...
CHY872about 10 years ago
Doesn&#x27;t sound particularly secure. Problems include that third key in offline storage, which sounds vulnerable to social engineering.
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Everhuskabout 10 years ago
Great presentation. Explaining the value proposition of bitcoin in simple terms is definitely not an easy thing to do.. and I think she nailed it right there.
kleer001about 10 years ago
At least Case is open sourcing their software.<p>I&#x27;ll stick with my Tresor thank you. Cheaper, smaller.
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moeabout 10 years ago
Since fingerprint scanners are very easily fooled I hope an additional pin-code is required to transfer non-trivial amounts.
nnxabout 10 years ago
&quot;Transactions are only signed by the server if the fingerprint scan matches your biometric data.&quot;<p>Does this mean biometric data is stored on Case&#x27;s servers?
beachstartupabout 10 years ago
i would be concerned about a custom ic that simply connects to the closest wifi on a given 0-day and uploads everyone&#x27;s btc.
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