The Design of the Encrypted SD Backup of ColdCard
What is the Coinkite Coldcard? It's a Bitcoin hardware wallet, so it signs transactions and can be used offline. BIP39 based, which means you can backup the secret words onto paper, and have lots of sub-accounts and unlimited independent payment addresses. It knows how to understand transactions, so you can see what you are approving. The first PSBT (BIP 174) native wallet which can be used completely offline for it's entire lifecycle. http://bit.ly/2PXnVjq http://bit.ly/2Hd9XXK Electrum is... Safe, Your private keys are encrypted and never leave your computer. Forgiving, Your funds can be recovered from a secret phrase. Instant On, Electrum is fast, because it uses servers that index the Bitcoin blockchain. No Lock-In, You can export your private keys and use them in other Bitcoin clients. No Downtimes, Electrum servers are decentralized and redundant. Your wallet is never down. Proof Checking, Electrum Wallet verifies all the transactions in your history using SPV. Cold Storage, Keep your private keys offline, and go online with a watching-only wallet. Multisig, Split the permission to spend your coins between several wallets. Add-ons, Electrum supports third-party plugins: Multisig services, Hardware wallets, etc. https://electrum.org/ If you have learned something valuable, donate a couple sats to Max as a thank you note: 3Fe6dcwhkLnMo7c2FrkYduR5xJgo38dTTS http://bit.ly/2Bw2f72 Support the show by buying bitcoin on http://bit.ly/2CzQJYC Listen to WCN Audio Podcasts: https://apple.co/2hzvsYW Check out the brand new http://bit.ly/1kez5IZ Find out more about Max http://bit.ly/2QNpAvD Follow WCN on Twitter: https://twitter.com/WorldCryptoNet Follow Max on Twitter: https://twitter.com/HillebrandMax Contribute to Max’s Bachelor Thesis on Multi Signature in the Lightning Network: http://bit.ly/2D44obB https://www.youtube.com/playlist?list=PLPj3KCksGbSaBmpAmdp_icu2PkywjeUI6 Bitcoin to the Max: https://youtube.com/playlist?list=PLPj3KCksGbSZtGhC7nIr_Mf1oCeP8U1tV Bitcoin Only: https://www.youtube.com/playlist?list=PLPj3KCksGbSYX2cNoOaV-w-9QuZ62LDk_ Read Rothbard ~ Use Bitcoin: https://youtube.com/playlist?list=PLPj3KCksGbSafpOorg0NdeVXGIPNqV_8a Open Source Everything: https://youtube.com/playlist?list=PLPj3KCksGbSb1h33FZbsrtr1feIIwTBHt Breaking Bitcoin 2019: Hackers Congress Paralelni Polis 2018: https://youtube.com/playlist?list=PLPj3KCksGbSY8xt-x-KoDb6L380odP_qu Baltic Honeybadger 2018: https://youtube.com/playlist?list=PLPj3KCksGbSZsgH48ZDxNdzRXbg_pvMnz Understanding Bitcoin 2019: https://www.youtube.com/playlist?list=PLPj3KCksGbSYnUncEaz5SM0ihfjPtGTvO Bitcoin-Dev Mailing List: https://www.youtube.com/playlist?list=PLPj3KCksGbSZWpXUZAp2y0ftJsjXPWdtO Schnorr: https://www.youtube.com/playlist?list=PLPj3KCksGbSbUYnzXthFazpUw6ZJCUKOu Nodl Personal Bitcoin Assistant: https://www.youtube.com/playlist?list=PLPj3KCksGbSYvbhhUpIehNqnXFLkz1AD1 Bisq Decentralized Exchange: https://youtube.com/playlist?list=PLPj3KCksGbSZR33X7kJmDMwIEH-wrrpCJ ColdCard Wallet: https://youtube.com/playlist?list=PLPj3KCksGbSZJzC4besvtu8CSroBosrdt GPG + Yubikey: https://www.youtube.com/playlist?list=PLPj3KCksGbSZkVpgAZjAFfFp4D0SHLnFw Purism: https://youtube.com/playlist?list=PLPj3KCksGbSZm6k6GlJRhY6T7wSvoEWbG Bitcoin Op Tech Newsletter: https://youtube.com/playlist?list=PLPj3KCksGbSY9pV6EI5zkHcut5UTCs1cp The Ethics of Money Production: https://www.youtube.com/playlist?list=PLPj3KCksGbSZFi81lduijpsmkhxQv2Gm8 What Has Government Done to Our Money? By Murray Rothbard: https://youtube.com/playlist?list=PLPj3KCksGbSbPVUAhYqILAYQ3uUbh2zOu Mises University: https://youtube.com/playlist?list=PLPj3KCksGbSanfYiAp8JSHxIjBm66yPf5 Hayek Summer Workshop: https://youtube.com/playlist?list=PLPj3KCksGbSbx7WQMTJAG6wLd4tK9Llr9 Anarchy in Money: https://www.youtube.com/playlist?list=PLPj3KCksGbSbVzuInEB0Kc7rchuzIHyQh Lightning Network Multi Signatures: https://www.youtube.com/playlist?list=PLPj3KCksGbSaBmpAmdp_icu2PkywjeUI6
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