In this episode, we compare common hardware wallets with SeedSigner, a DIY bitcoin hardware wallet. We explore the reasons behind building SeedSigner, the process of securely generating seeds, and the considerations for holding a private key on hot devices like an iPhone or cold devices like a Trezor, Ledger, or Coldcard. We also discuss the evolution of bitcoin custody over the last decade, the risks associated with using common hardware like Raspberry Pi, and the advantages of multisig versus singlesig setups.
SUPPORT THE PODCAST:
→ Subscribe
→ Leave a review
→ Share the show out with your friends and family
→ Send us an email podcast@unchained.com
TIMESTAMPS:
00:05:44 Holding a private key on an iPhone?
00:08:16 Why call it a “signing device?”
00:12:33 Good security vs extreme paranoia
00:17:05 How has bitcoin custody evolved over the last 10 years?
00:30:45 Are there risks to using a raspberry pi for bitcoin private keys?
00:39:10 DIY multisig vs collaborative custody multisig
00:40:53 Using different hardware devices for different seeds
00:44:54 Future of bitcoin custody in 10-20 years
00:52:41 New to multisig and using SeedSigner?
WHERE TO FOLLOW US:
→ Unchained Twitter: https://twitter.com/unchainedcom
→ Unchained Linkedin: https://www.linkedin.com/company/unchainedcom
→ Unchained Newsletter: https://unchained.com/newsletter