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Discussion about Bitcoin development http://bitcoincore.org http://github.com/bitcoin/bitcoin http://twitter.com/BitcoinCoreOrg List in: @Crypto @CryptoCurrencies Rules: All participants require username & image set No altcoin/ICO discussion or promo

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Bitcoin Dev

so maybe it wouldn't fit without sacrificing another app

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Bitcoin Dev

i don't think thats the reason they limit the functionality to nanox

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Bitcoin Dev

they were attacked for it quite profusely (and i defended them that its fine)

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Bitcoin Dev

its the same in other hardware wallets that decided to use secure chips

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Bitcoin Dev

Hmm didnt know this is this official statement of theirs ?

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Bitcoin Dev

the opensource part shields from all the posible abuse coming from bolos (in theory)

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Bitcoin Dev

but it's not open source. the secure chip code isn't open because of NDA or whatever. A key part of the recovery service is that the shards are sent to three different jurisdictions People might want to verify that part

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Bitcoin Dev

only a fool, who believes there is no back door in the update ledger recover. The hard wallet must be separated like a physical wallet.

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Bitcoin Dev

To be friends rather than companies

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Bitcoin Dev

Personally i would like to see similar solution, but where they would send the shares to other ledgers, forming social recovery that way, with trusted friends holding it.

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Bitcoin Dev

many wallets offer sd card export, ledger offers mnemonic verification which also extracts the mnemonic, and of course while derivation and signing aint happening in the secure chip, there is no support for bitcoin crypto in cheap chips.

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Bitcoin Dev

the main issue was that people didnt understand how hardware wallets work, so they took ledger claims the way they wanted them to be.

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Bitcoin Dev

Your node forwords transactions and stops the spread of invalid transactions.
Its like a distribution service you get a transaction, check it and you send it to arround 6 (I guess) other nodes.

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Bitcoin Dev

The biggest would be contracts themselves

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Bitcoin Dev

Ooh, I see, so it's not for big files then.

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Bitcoin Dev

its probably planned obsolescence + a fact nano could really use more space

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Bitcoin Dev

I don't have a nanoX and I ignore the implementation details, but do notice that the implementation leverages capabilities that are only in the nanoX secure chip but not in the nanoS one. Maybe the web packets are forwarded encrypted already from the secure chip, and opensource has no way to know if what's being transmitted is only a shard instead of the whole seed.

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Bitcoin Dev

this is why trezor was refusing to use it, so they can stay fully open

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Bitcoin Dev

this is how it works, secure chips aren't opensoruce, the arm chip code around them its opensource and shields from calls inside and out

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Bitcoin Dev

In Ledgers current one shards are sent to French, US and British companies.

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Bitcoin Dev

it is opensource except that, and that part doesn't interface with the usb or the internet

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Bitcoin Dev

its opensource, good luck finding the back door, you can collect the bounty

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Bitcoin Dev

This! You could choose your attack vector and not forced into regulatory capture with KYC and regulated companies.

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Bitcoin Dev

Makes more sense if trusting a third party

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Bitcoin Dev

Now they are adding the option to split and encrypt, and then send to three custodians. Its opt in, you would have to input pin and approve it. So its fine, if you dont like it, just skip it, as you did mnenonic verification and all other functions.

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Bitcoin Dev

once you input a pin, private key leaves the secure element, it always did, in all wallets

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Bitcoin Dev

Hey guys, im new in BTC world, and im trying to find good RPC providers for mainnet BTC. Can someone suggest any?

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Bitcoin Dev

Can someone explain how one extra node in the network secures the network (not miner, just a simple fullnode)?

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Bitcoin Dev

It's not, but I couldn't figure out why would someone need immutable files.

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Bitcoin Dev

At the risk of going off topic, how is ipfs immutable?

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