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Ledger CTO on How NOT to Lose Your Crypto
Bankless
Navigating Private Key Challenges
This chapter explores the complexities beginners face when managing private keys in cryptocurrency, highlighting the importance of secure wallet setup and self-custody responsibilities. It discusses critical vulnerabilities in private key generation, using historical examples of compromised tools, and emphasizes the need for high entropy to safeguard against attacks. Additionally, the chapter contrasts the security of hardware wallets like Ledger with software wallets to illustrate better protection for cryptocurrency storage.
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