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Hard Wallet protection – put your Crypto on your own device!
Posted by vince on January 20, 2022 at 12:23 amBlockchain wallets like MetaMask, Coinbase and plenty of others, like real world banks, well…get held up and robbed (hacked) from time to time.
One way of being 100% secure with the Crypto $ currency you have, is to tether a ‘hard wallet’ which is actually a USB interfaced style hard drive that connects to your computer and soft wallet, like MetaMask. Think of it as the stashed roll of currency in a sock under the bed, instead of those fiat funds sitting in a bank. Same idea.
Here’s some info on hard wallet products from Ledger, a hard wallet product manufacturer:
https://shop.ledger.com/products/ledger-nano-s
Also some info on how all this works:
https://www.ledger.com/academy/security/the-safest-way-to-use-metamask
product video:
vince replied 1 year ago 3 Members · 4 Replies -
4 Replies
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this assumes the drive doesn’t go bad … which they sometimes do 🙂
I haven’t checked on it in awhile, because i prefer to use a service provider, but you at least used to be able to print out the keys for your wallet on paper as a backup. that of course assumes you dont get robbed or your house burnt down …
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lol! depends what bad neighbourhood you live in, or if a Dooms Day meteor falls on your house, etc for sure – after 24 months of Uncle Coronavirus I just want to save up some tokens and crypto and buy a villa in Fiji! LOL Cheers! 🤣🤣🍻
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this is fascinating — i have been meaning to understand the fundamentals of a hard wallet. Thank you Vince!
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hey @mikedoestheart – for sure, for about $100 getting a Ledger Nano S off of Amazon, and then protecting all the info and seed # phrases on a piece of paper – this should keep your crypto safe and secure. If Metamask EVER, I mean ever gets hacked (who knows), then you are screwed.
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