On this page
trezor
Explore " trezor" with insightful episodes like "Episode 120: Don't Settle for an ETF", "E6: Crypto basics: Private Keys, Public Addresses, and Wallets", "Headline Hangout w/Chris", "Trezor" and "S8 E8: Slush on Trezor and Tropic Square" from podcasts like ""Bitcoin Dad Pod", "DECENTRALIZED", "Jupiter Extras", "Campfire: Compass Calendar" and "Bitcoin Takeover Podcast"" and more!
Episodes (14)
E6: Crypto basics: Private Keys, Public Addresses, and Wallets
Episode Highlights
- Crypto wallets give you access to your cryptoassets; they do not store your crypto
- Public addresses are derived from public keys, which are derived from private keys; crypto is sent to a public address, while private keys prove ownership of that crypto, allowing you to spend it
- Private keys should be kept safe and offline; moreover, they should be backed up
- There are pros and cons to using non-custodial and custodial (crypto exchange) wallets
- Your choice of non-custodial wallet depends on your investment strategy and whether you prioritize convenience or security
Helpful links
- Coinbase’s Terms of Service: https://www.coinbase.com/legal/user_agreement/united_states
- Celsius freezing withdrawals: https://www.coindesk.com/policy/2022/06/13/crypto-lending-service-celsius-pauses-withdrawals-citing-extreme-market-conditions/
- Voyager limiting withdrawals: https://www.coindesk.com/business/2022/06/23/voyager-digital-cuts-daily-withdrawal-limit-to-10k-amid-3ac-exposure/
- James Howells and the lost Bitcoins: https://www.newyorker.com/magazine/2021/12/13/half-a-billion-in-bitcoin-lost-in-the-dump
Select hot wallets
- https://www.myetherwallet.com
- https://mycrypto.com
- https://metamask.zendesk.com/hc/en-us
- https://trustwallet.com
- https://www.exodus.com
- https://www.coinomi.com/en/
Select cold wallets
Headline Hangout w/Chris
Trezor
Trezor creates cryptocurrency hardware wallets. Guest Matej Zak is the Head of Product.
THEME: Crypto Field Guide
BIG IDEA:
Participating in the cryptocurrency landscape is still inaccessible for many. Trezor helps newcomers get involved by acting as their de facto guide. Instead of simply delivering a hardware wallet (which helps crypo holders secure their assets), Trezor does all it can to help the crypto ecosystem thrive. For example, they:
- open-source their code to promote confidence
- share security and practical tips on their blog
- offer investment advice (spoiler: it's BitCoin)
- collaborate with other crypto players, like Invity and CoinJoin
This holistic approach demonstrates why Trezor has earned its reputation as a trustworthy leader in the cryptocurrency world.
FAVORITE QUOTE:
"Our role in this process is to lead the way, show you all the options, make sure you're safe and have privacy. And we want you to enjoy it because it's usable and the interface isn't a pain in the ass."
MORE:
If you liked this episode, checkout:
The Past & Future of Digital Liberties | EFF
Love Campfire? Consider leaving a review or supporting us on Patreon ❤️
* GET THE NEWSLETTER *
https://switchback.tech/newsletter