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Ledger CTO on How NOT to Lose Your Crypto

Feb 28, 2023

Charles Guillemet, the CTO at Ledger and a cryptography expert, shares crucial insights on safeguarding your crypto assets. He highlights the significance of self-custody and the role of private keys in maintaining security. Listeners learn about the risks of bad entropy and the importance of securely storing seed phrases. Guillemet also discusses the pros and cons of cold versus hot wallets, and warns against common mistakes, including phishing attacks and over-engineered security setups. Tune in to enhance your crypto security knowledge!

01:23:47

Creator website

Episode guests

Charles Guillemet

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Episode notes

Intro

5min

The Importance of Security in Crypto Self-Custody

2min

Navigating Private Key Challenges

16min

Securing Your Crypto Secrets

17min

Securing Cryptocurrency: Balancing Simplicity and Safety

16min

Exploring Uniswap's New Features and Arbitrum's Advancements

2min

Navigating Smart Contract Risks and Wallet Security

5min

Navigating NFT Transactions and Security

17min

Essential Security Practices for Cryptocurrency in Web3

3min

Charles Guillemet is the CTO at Ledger with a highly experienced background in cryptography and hardware security.

In today’s episode, Charles walks through all levels of security. No matter if you’re just beginning your wallet security journey or if youre a veteran, this episode will teach you something new about all things crypto and wallet security.

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------ Topics Covered

0:00 Intro 5:52 CTO of Ledger 8:35 Private Keys 17:25 Avoiding Bad Entropy 23:11 Private Keys & Seed Phrases 29:00 Mistakes Storing Seed Phrases 36:55 Securing Your Seed Phrase 45:00 Overengineer Wallet Security 47:55 Cold vs. Hot Wallets 54:22 Benefits of Hot Wallets 58:47 Smart Contract Risk 1:06:45 Allowances 1:11:30 Allowance Access 1:14:00 Blind Signing 1:18:00 Solution to Blind Signing 1:21:38 Resources to Learn More 1:22:22 Closing & Disclaimers

------ Resources:

Charles Guillemet https://twitter.com/P3b7_

Ledger https://twitter.com/Ledger

----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures

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