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Your Crypto Safehouse: Why Your Bitcoin Isn't Lost if Your Hardware Wallet Breaks 

aantonop
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Ever wondered if your hardware wallet has an expiration date like your favorite craft beer? Well, prepare for some surprising revelations! In this video, Andreas unravels the misconceptions around hardware wallets and their lifespan. The secret lies in the seed phrases - join us to find out more! This video is an excerpt from Andreas' monthly Q&A session where he answers questions about bitcoin, open blockchains, crypto security, inheritance, and the news of the day. These questions are posted from people on patreon. If you'd like to learn more about becoming a patron visit / aantonop
COMMENT below and let us know what you think of the video. Post your follow-up questions there too!
SUBSCRIBE to this RU-vid channel and select the bell 🔔 for notifications: / @aantonop
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LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. There’s even a FREE Intro to Bitcoin & Open Blockchains to get you started. aantonop.io/takeaworkshop
You can also learn from one of aantonop's many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network published by O’Reilly Media. He’s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter.
About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and RU-vid) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved. Learn more at aantonop.com
From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission.
**Learn More From Andreas’ Workshops, Books & Events*
Amazon & Kindle: www.amazon.com/-/e/B00MVAG8Z8
Audible: www.audible.com/author/Andrea...
E-books & Merch: aantonop.io/shop
Patreon: / aantonop
Website: aantonop.com
Workshops: aantonop.com/workshops
**Connect with Andreas on Socials**
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Thanks for watching, sharing, and subscribing!

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17 май 2023

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Комментарии : 93   
@bitcoindoctor
@bitcoindoctor Год назад
A video on recent ledger revelation would be appreciated! Thank you
@JivanPal
@JivanPal Год назад
Great to see you uploading more regularly again!
@LearntoMakeHonestMoneyOnline
Great to have Andreas back on RU-vid 💪 We are all happy to see you again 😊
@TeamTable
@TeamTable Год назад
Great to see you Andreas! You are the most important educator to me. Thank you!
@tomcurry3358
@tomcurry3358 Год назад
I have a question about the recent Ledger Recover sir..
@nickrab4512
@nickrab4512 Год назад
What is your take on the recent admission from Ledger that it is technically possible for them to write firmware that could leak your seed phrase directly from the device?
@ikust007
@ikust007 Год назад
Asked the same question 😂
@tomcurry3358
@tomcurry3358 Год назад
Waiting for his response for eternity now, he's the messiah, if he says it safe then I'll buy ledger lol.
@nickrab4512
@nickrab4512 Год назад
@@tomcurry3358 already ordered a Trezor. Open source > closed anyway. Just need to know if I can still use ledger for shitcoins or if I should just smash it with a hammer
@tomcurry3358
@tomcurry3358 Год назад
@@nickrab4512 well, shitcoins could be worth millions in the future, I would personally secure that the same way as bluechip coins tbh.
@ometaxas
@ometaxas Год назад
Great question and answers there. Helps people understand the whole concept of blockchain. Thank you Andreas
@chainatomy9667
@chainatomy9667 Год назад
Feel slightly trolled that the great Andreas drops a rare video discussing hard wallets a day after ledger controversy, but the content isn't discussing said controversy.
@ToddOlivas
@ToddOlivas Год назад
Thank you for posting, Andreas! Keep it coming, man.
@CodeEater21
@CodeEater21 Год назад
Always great to hear him
@DisperseControl
@DisperseControl Год назад
Great to see you again! 🙏
@patmar7754
@patmar7754 Год назад
Nice to hear you Andreas
@FeistyJackball
@FeistyJackball Месяц назад
Good education, thank you!
@missk1880
@missk1880 Год назад
Excellent question.
@Steve.191
@Steve.191 Год назад
Great vid thanks 👍
@ikust007
@ikust007 Год назад
He is back for real . Finally.
@alexwolf4000
@alexwolf4000 Год назад
I was hoping you were going to talk about the ongoing ledger debate
@1glenco
@1glenco Год назад
I heard that leaving comments helps boost a video, so that's why I am commenting. Thank you Andreas for sharing your wisdom.
@ikust007
@ikust007 Год назад
Your timing is good and a view on the new Ledger saga…
@mr_digdeeper
@mr_digdeeper Год назад
Love it!!!
@tokenizegames
@tokenizegames Год назад
grazie!! please more content. I love your lessons. please also a video abaout the last news from ledger and trezor. what do we use if these 2 are a concern?
@pajkeav
@pajkeav Год назад
Missed you. Private key or seed phrase
@heaven-is-real
@heaven-is-real Год назад
step one: buy new hardware step two: apply the seed phrase to the new hardware BINGO!!! (you're ready and back to normal)
@Alexander-di2eb
@Alexander-di2eb Год назад
Andreassss GOAT GOAT GOAT!!
@formetoknow540
@formetoknow540 Год назад
Not your keys on your coin always always have multiple backups on metal plates in different geo locations couple with a passpharse on a different location
@ABitcoinNoob
@ABitcoinNoob Год назад
What are your thought on the new Recovery service offered by Ledger?
@jeff-jo6fs
@jeff-jo6fs Год назад
Great question
@V4BTC
@V4BTC Год назад
It's unbelievable how many people ask this question. 😂 The hardware device doesn't matter AT ALL. All you need is your seed phrase. It can be restored on ANY device.
@ikust007
@ikust007 Год назад
I know … like putting it in a safe like gold …
@SurgeWorld
@SurgeWorld Год назад
Could you please make a video in regards ledger wallet drama with private keys. How to protect your self and is it something we should worry about. Thanks
@arielrglaze
@arielrglaze Год назад
So I’m worried about this strong push by Crypto Influencers towards Tangem wallet. Am I wrong to think it is too risky to rely on the manufacturing quality of a card? How long will a Tangem Card last?
@sherride2002
@sherride2002 Год назад
Exactly.
@adiintel1
@adiintel1 Год назад
Id be careful using ledger now starting to be a little centralised these days...
@immutablecantrip
@immutablecantrip Год назад
@aantonop thanks for all your work in the bitcoin space. Could you address what is going on with Ledger's Recover service? Thanks!
@chrisotkas7282
@chrisotkas7282 Год назад
What about new version of ledger nano x recover seed phrase???
@trappedcat3615
@trappedcat3615 Год назад
Seed phrases are limited to the wallet provider, right? So if the provider goes corrupt, can you transfer or decipher your seed phrase elsewhere?
@EVRARD1
@EVRARD1 Год назад
What happens if the ledger company goes bankrupt?
@JGRRPUBG753
@JGRRPUBG753 Год назад
You cannot argue with PRE5RT ecosystem numbers. Fud all you want but it's a highly active chain
@fabiobarros2744
@fabiobarros2744 Год назад
@aantonop Wont you talk about the recent ledger fiasco?
@flavius22
@flavius22 Год назад
❤️❤️❤️
@RavaleshBhatJ
@RavaleshBhatJ 8 дней назад
If by some way the private key is compromised and as a result we generate a new private key using the seed, Can the compromised key still be used to access the funds?
@derikuk2967
@derikuk2967 Год назад
Should I only stick with wallet devices that are *BIP-39* compatible?
@mrbmro3991
@mrbmro3991 Год назад
Where have you been? What do you think about Ordinals and fees ?
@vincentiengo4470
@vincentiengo4470 Год назад
but the seed word can be stolen from the generator ?
@cesuntbanii
@cesuntbanii Год назад
Question: when a wallet generates the seed, does it check on the blockchain to see wheter that seed (key) has been generated before? I know it is random, and I know the chances of doubling a public/private key are very thin but does the wallet check if the address and keys are already "taken"? Cheers!
@kenambo
@kenambo Год назад
You don't need to. The chances is so low it is like looking for a single atom in the entire universe.
@cesuntbanii
@cesuntbanii Год назад
@@kenambo12 word Seed phrase is only 128 bit encription. I kinda new it is generated randomly but still, it's odd that there is still a chance to double the seed onto two different wallets...
@full_metal2452
@full_metal2452 Год назад
Why on a past Tone Vays video did he talk 💩 about Ledgers failing and being locked out of BTC wallet even with new replacement one with same “Seed Words”? I’ve thought the same way you described about as long as you have Seed Words but wonder what the heck Tone was talking about.
@nikolozmuseridze
@nikolozmuseridze Год назад
🔥🔥🔥
@bartek38912051
@bartek38912051 Год назад
Hi. Can you say something about Tangem wallet? It has private key inside and does not let to see the seeds even to us. So it has no bip39 function.
@rossbanjai6002
@rossbanjai6002 Год назад
If Ledger company goes out of business (no more devices or support), then would my 24 seed phrase work with Trezor device ? If not, how else can I get access to my funds with my seed phrases?
@unit0155
@unit0155 Год назад
Yes. It will still work for many wallets
@Tarot.askfalim
@Tarot.askfalim Год назад
All of my USDT is still going to buy PRE5RT
@ANTIS8ENHS
@ANTIS8ENHS Год назад
Ελααα καλημέραααααα να είσαι καλααα
@footballplayers9116
@footballplayers9116 Год назад
Hopefully PRE5RT will do good.. have alil over 10million PRE5RT coins
@pajkeav
@pajkeav Год назад
Are hot wallets really that bad if I am strict on what apps I allow on my mobile and do not do anything other than move from exchange and back
@ikust007
@ikust007 Год назад
Not according to Craig from Sparrow wallet
@IIIRotor
@IIIRotor Год назад
SO if my monitor die , the internet dies with it...
@clay001
@clay001 Год назад
So ... Trezor or ColdCard?
@formetoknow540
@formetoknow540 Год назад
Cold card or blockstreemjade
@formetoknow540
@formetoknow540 Год назад
For shitcoins it's trezor but they are actively working with chainlink a data spy company
@tigermarcel1997
@tigermarcel1997 Год назад
but when I try to recover on any other wallet than the original one (for exemple ledger), my Bitcoin don't appear, it's 0 btc. Is this because each compagnie, trezor, ledger, coinkite, uses differente derivation path? and I I know the original derivation path, can I recover to any other brand hot/cold wallets ?
@KartaL_yuvasi_1903
@KartaL_yuvasi_1903 Год назад
biggest market explosion ever is PRE5RT
@bootangy
@bootangy Год назад
someones trippin!
@clandeszipp4564
@clandeszipp4564 Год назад
ANTONOPOLOUS! WHAT DO YOU THINK OF THE LATEST LEDGER SHITSHOW?!?!
@JanPBtest
@JanPBtest Год назад
The so-called "wallets" should have always been called "keyrings" (which is all they are). Unfortunately, the misnomer "wallet" seems to entrenched by now.
@CabinOnTheWater
@CabinOnTheWater Год назад
Your Bitcoin lives on the Blockchain. Your hardware device just holds your keys to those Bitcoin. Your seed phrase can be used to recover you keys. In other words if your hardware device dies or gets run over by a bus you can use your seed phrase to recover your keys to any other software or hardware wallet. Hide and protect your seed phrase at all cost. Etch it is metal and don't let anyone have access to it. That is your real security, not the actual hardware device. (Well, don't let anyone have access to your hardware device either. If they find a way to physically hack it they could get your keys too)
@formetoknow540
@formetoknow540 Год назад
It's the private keys that are important to have multiple copies in different geo locations
@BitcoinerPhilippines
@BitcoinerPhilippines 8 месяцев назад
But ETH won't last forever or worse just few years while your seed phrase do.
@derikuk2967
@derikuk2967 Год назад
Did *Ledger* really screw the pooch with their threat/offer of their *Wallet Recovery Service?*
@auralunastudywithme
@auralunastudywithme Год назад
That's the real kicker, eh? PRE5RT goes to a million, my personal wealth doubles.
@tylerjodeblock1224
@tylerjodeblock1224 Год назад
it can get lost if Ledger shards your private keys onto the cloud of numerous 3rd parties lol
@baytroll1940
@baytroll1940 Год назад
Request for an update on PRE5RT . Your the man, keep up the hard work in the depths of this bear market and we will all be asking “what’s a few trillion among friends
@JL-FutbolxDark
@JL-FutbolxDark Год назад
I’m still interested in what Amazon will do with the PRE5RT now .
@alessandroandrea4732
@alessandroandrea4732 Год назад
There is nothing better than working with an expert in any industry, selfishness and greed have prevented many people from doing this and ended up suffering huge losses, and the cryptocurrency market is no exception.
@EymenChad
@EymenChad Год назад
Thank you so much for these piece, Amazon’s PRE5RT looks to have great prospect
@theharun01
@theharun01 Год назад
Seriously PRE5RT is something nobody expected and yet it's just breaking all existent rules to make the superior move
@Lalalicem
@Lalalicem Год назад
People should do their own research… PRE5RT to 10k is realistic, just follow the trend. If it takes you to 12 k good if it takes you to 30k good.
@GENSHINIMPACT-nf7pf
@GENSHINIMPACT-nf7pf Год назад
Idk about price, but I'm going with PRE5RT . I feel that regardless of gains and losses my funds are safe.
@CalskanGames
@CalskanGames Год назад
Why is PRE5RT doing so well? That is concerning to me.
@nehir414
@nehir414 Год назад
Both PRE5RT and BTC are game changer, glad to have them on my portfolio and hope you are considering adding them too?, Yes you that is reading my comment
@burakddeniz
@burakddeniz Год назад
Most of people sleeping on PRE5RT and follow the crowd and are deprived of their own thoughts and opinions without doing their own do-diligence.
@organic723
@organic723 Год назад
Nube question. DYOR instead of wasting this man's valuable time with nonsense please.
@YusuArslan
@YusuArslan Год назад
If it’s one thing I have learned it’s that the kind of FOMO surrounding PRE5RT is where life changing buying opportunities are made… the development and partnerships for PRE5RT don’t lie.
@razzlebautista79
@razzlebautista79 Год назад
ledger is a scam and i am a victim. new ledger lcd goes dim or with dead pixels within 1 year and they refuse to replace it. dont buy ledger, the name is nice but the device and the company is BS, very bad customer support or none at all.
@Bobby_1250
@Bobby_1250 Год назад
Need more info input on the PRE5RT Amazon planned this for years and this way we can conquer the recession, let's go Brandon!
@ItachiUchiha-ku4lm
@ItachiUchiha-ku4lm Год назад
PRE5RT @ 1 dollar is undoubtedly a great entry for a 100x short/medium term.
@Sjs3131
@Sjs3131 Год назад
I am happy to see PRE5RT back in your radar. For me the most amazing project in the crypto space
@YasinPubg-Yt
@YasinPubg-Yt Год назад
Finally thanks for the update! I'm trying to hold a million dollars worth of PRE5RT . Oddly enough it's a sleeper for some weird reason that not many RU-vidrs talk about in regards to lnvesting. It has had steady growth since its release.
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