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Watchman Privacy
25 - NVK: Bitcoin Hardware Wallets and Coldcard
Mar 12, 2022
Gabriel Custodiet interviews NVK, Co-inventor of Coldcard Bitcoin wallet. They discuss the enhanced security of hardware wallets, like Coldcard, in storing Bitcoin safely. Topics include the evolution of hardware wallets, security features of Coldcard, tips for secure usage, comparison with competitors, future of hardware wallets, privacy strategies, and extreme privacy measures.
39:11
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Quick takeaways
- Hardware wallets like Cold Card provide superior security by storing signing authority offline, safeguarding against potential attacks.
- Cold Card offers advanced features prioritizing user privacy, including a 'Brick Me' pin for disabling the device remotely in sensitive situations.
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Overview of Cold Card Bitcoin Hardware Wallet
The podcast discusses the creation and development of the Cold Card Bitcoin Hardware Wallet by NVK and Doc Hacks. Originating from Coinkite, the company pivoted specifically towards Bitcoin during its early days. The hardware wallet serves as a secure means for Bitcoin transactions, utilizing private keys solely for signing authority. Unlike software wallets, hardware wallets such as Cold Card prioritize security by storing the signing authority offline, providing superior protection against potential attacks.
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