External Storage of Coins



  • You are not understanding that bitcoin and burst are 2 totally different things, what is saved in a purse by hardware in bitcoin is a backup, something that does not exist here since you only need a password to access your account from any wallet.

    You want to protect your password, buy a usb memory, in text file copies the password, then encrypt it and protect it with password and only connect it to the pc when you need it and disconnecting after using it



  • @Energy password/passphrase in BURST is your private key. If someone knows your BTC private keys (even if you have them in a hardware wallet) they can move funds from your account as well, at the end of the day they are in the blockchain right? The point here is to have a connection to a Burt account without compromising your private keys i.e. not having to copy/paste it every time you want to access to your wallet, but rather using a "human action" the computer recognizes by pressing a button on your ledger or trezor.



  • @rnahlawi said in External Storage of Coins:

    @vExact I contacted Ledger in the past to add Burst to their NanoS and they replied as follows:
    "If BurstCoin is a clone of Bitcoin then we can add it quite easily.
    But it's still some work and we'd need to get some commit from the BurstCoin community to buy products (a minimum of 100 units is usually needed to justify adding a coin)"

    I'm willing to buy couple of them, lets start a thread to collect the 100 and get support of developers with Ledger guys to add Burst.

    @rnahlawi good to know they offered you that option. I was considering to get in the near future a ledger NanoS for safe keeping of my other crypto. I do not really have much at the moment, but I am going to be moving up more and more in the near future. I definitely want to be my own bank :) Now I do not know how similar to BTC Burst is in order to implement this, I was referring though to the link above to Trezor as they will make available this Trezor Core, so that developers can help in there and implement their own firmware for the device if they want to, which I find really nice indeed. If I could I would do it, but I am not a coder XD



  • @vExact Its totally different from BTC. The idea of Hardware wallet is to protect your private keys (Passphrase in Burst case) from malware of theft, you may view your wallet with any wallet interface but cannot make transactions without presence of the Hardware key (Trezor, Nano, etc).


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