Damus
Derek Ross profile picture
Derek Ross
@Derek Ross
Consider the Coldcard vulnerability just the beginning. With frontier LLMs advancing rapidly, security threats are only getting more sophisticated. What was "secure enough" yesterday won't cut it tomorrow.

That means leveling up:

πŸ” Use multi-sig. Don't rely on a single key to protect your stack.

πŸ”§ Use multiple vendor devices. Don't put all your trust in one company's hardware or code.

πŸ”‘ Use complex passphrases. A strong 25th word adds a layer that even a compromised seed can't crack.

πŸ›‘οΈ Or combine ALL of these. For some of you, that's what it's going to take.

Yeah, it sucks. Financial freedom isn't free and it isn't easy. But the alternative of trusting someone else to secure your bitcoin is exactly what we opted out of in the first place. I still believe in self custody.
86❀️13πŸ’œ3πŸ€™2❀️1πŸ‘ŒπŸ»1πŸ‘1
kyle-moore · 11w
nostr:nevent1qqsq8amlalsu7eh3vlvd40vqhyv7cnkgup6vspqu3sgfkkx2lma0ypcprfmhxue69uhhxetwv35hgtnwdaekvmrpwfjjucm0d5hsyg92fmf7pckgpeftwm39x6l00xg287gkq3xmknv3vkanh4fetdtz2vpsgqqqqqqsxnf860
Primal Protocol · 11w
Security is like a strong immune system, multi-layered and robust, just like a carnivore diet.
Andrew Delick · 11w
If this is the solution to self custody consider it dead to the average person
Dennison · 11w
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markm · 11w
Thanks Derek, this post summed it up for me. Thankfully I’m safe but I’m no longer going to rely on a single key device. Was thinking about upgrading and now this has pushed me to action.
Johnny · 11w
nostr:nprofile1qqsr7acdvhf6we9fch94qwhpy0nza36e3tgrtkpku25ppuu80f69kfqpzemhxue69uhhyetvv9ujuurjd9kkzmpwdejhg5mh546 the coldcard failure didn't need an attacker at all. the entropy was already weak when it left the factory, and that's a supply chain problem more than a crypto one.
π–“π–”π–Šπ–—π–’π–˜ · 11w
Isn’t multisig plus passphrase only introducing more complexity? Or does it really improve security?