Teen caught in $46M dollar Bitcoin theft via buying a username

This page summarizes the projects mentioned and recommended in the original post on news.ycombinator.com

Our great sponsors
  • InfluxDB - Power Real-Time Data Analytics at Scale
  • WorkOS - The modern identity platform for B2B SaaS
  • SaaSHub - Software Alternatives and Reviews
  • trezor-firmware

    :lock: Trezor Firmware Monorepo

  • Honest question:

    We are all the bitcoin multi-millionaires storing their coins? It seems like in an ideal world, you would use https://trezor.io and put that in a safety deposit box, or maybe use Coinbase Vault, but I am generally curious what is the current consensus on the safest ways to store these piles of digital money.

  • age

    A simple, modern and secure encryption tool (and Go library) with small explicit keys, no config options, and UNIX-style composability.

  • There's no consensus because there's no best answer. Here's an example of what you could do.

    Generate a new seed phrase on a hardware wallet. Encrypt the seed phrase using https://github.com/FiloSottile/age with a symmetric password and print out the encrypted seed. Store the paper in a safety deposit box.

    Write down the encryption password and the hardware PIN in an envelope to be opened in the event of your death.

    All that said, this particular example is vulnerable in that you could be held at gunpoint and lose everything. So next we start talking about cold vs hot storage...

  • InfluxDB

    Power Real-Time Data Analytics at Scale. Get real-time insights from all types of time series data with InfluxDB. Ingest, query, and analyze billions of data points in real-time with unbounded cardinality.

    InfluxDB logo
  • GlacierProtocol

    BitcoinHodler's fork of Glacier to fix GlacierScript bugs (by bitcoinhodler)

  • Jameson Lopp has a nice section in his Bitcoin resources site:

    https://www.lopp.net/bitcoin-information/security.html

    If you are truly paranoid, then:

    https://glacierprotocol.org/

NOTE: The number of mentions on this list indicates mentions on common posts plus user suggested alternatives. Hence, a higher number means a more popular project.

Suggest a related project

Related posts