Follow

Although you need to spend some time setting up + , it still feels good not to use a corporate solution by () with some components.

If you own some , it's a good idea to have a computer under + separate your wallets from the host with .

@TheFuzzStone that's how you story your crypto?
A hardware wallet won't be a better solution?

@techit, yep, that's how I store my .

I am not a fan of hardware wallets, as I believe that personally to me they can do more harm than good.

I do not encourage everyone to abandon them, because I understand that for beginners they are some sort of salvation from malware on their Windows.

You don't need a hardware wallet to store your securely, as there are tons of software that can hide crypto even more secure.

That's my personal conviction.

@TheFuzzStone what is your bare metal distro on your computer, what are you using on the vms?
What wallets do you use for that?

@techit, I use Manjaro KDE on the host. Linux Mint XFCE on the VM.

All my wallets are .

For :

* (desktop + android)
* (android)
* (android)

For and tokens:

* (android)
* (desktop)

For :

* (desktop)
* (android)
* (android)

I don't use proprietary wallets as a matter of principle.

@TheFuzzStone thanks for that, why would you use a mobile wallet?

@techit, To be ready to make a purchase at any time.

For example, I've paid my dentist with Bitcoin. Next time I'll try to pay him with Monero.

@TheFuzzStone your dentist really accept bitcoin?
Thats something I never heard of...

@techit, unofficially - yes.

I forgot to withdraw cash, and he doesn't use banks. So I offered to take him as payment. He said he'd heard something about once, and he agreed to accept it.

I helped him install on his Android, explained the importance of the mnemonic phrase, and explained how to use the wallet.

He made a backup of the mnemonic phrase on a piece of paper, and then I paid for his work using Bitcoin.

@TheFuzzStone btw, did you hear about samurai wallet for bitcoin on android?

@techit, Yeah, I heard about him a long time before he was available for download, but I haven't tested him yet.

The thing is, I'm fine with Mycelium, and I don't see the point in mixing at all.

@TheFuzzStone
Did ya see the recent Mother's Day contest where they asked their users to themselves by publicly posting their addresses on ? It's both sad & strange that any project would ever encourage this behavior as it's such & bad .

I now suggest to Android users instead of the above as I do not ever see them encouraging this type of crap.

mobile.twitter.com/cakewallet/

@monerujo
@techit

@myhushteam @TheFuzzStone @monerujo
I don't use cakewallet,but I see no problem with publishing a monero public address publicly, as all transaction are hidden.
with that being said, I would probably prefer to use a secondery address and not the main address for this purpose.

@techit
This behavior is what you would expect from a possible . It's terrible to ever encourage anyone to do this. If you are using any coin, it is good practice to not publicly link any of your addresses with any form of social media. Otherwise, you might as well not be using a & can just go use BTC or some other .

@TheFuzzStone @monerujo

@myhushteam @TheFuzzStone @monerujo
thats the point of xmr, from where I stand.
it makes it pretty hard to make mistakes which can ruin your privacy,
which is easy on surveillance coins like btc

@TheFuzzStone Do you use Qubes? Because if you run your wallets in a VM and do everything else on the host, your host can get compromised and then virtualization won't help a lot 😉

@gandalf86, No, I don't use Qubes. I use the virtual machine's encrypted images when I need to perform some transaction.

I keep small amounts on Android. I have a couple of wallets that I use on Android that I don't use anywhere else.

I even have a mnemonic phrase generated in 2016 on Android in Mycelium wallet. This kind of test with a couple of bucks in it, but I keep importing that phrase every time I buy a new phone.

@TheFuzzStone Ok that's fine, then you have data encryption at rest. I was just commenting on the "separate your wallets from the host" part ... because, if your host gets compromised, in the sense that an attacker can copy arbitrary data and sniff keyboard strokes, then having a VM running on that host won't help because the attacker will see the password when you type it in.

@gandalf86, with only my wallet password the attacker cannot steal my crypto. He needs to steal either the wallet file or the mnemonic phrase or private keys.

The mnemonic phrase/private keys are inserted only once into your wallet to restore it.

I've been in the crypto community since 2015, and I've never lost a dime because I always use only software. It's not magic, it's . 🙂

Sign in to participate in the conversation
Fosstodon

Fosstodon is an English speaking Mastodon instance that is open to anyone who is interested in technology; particularly free & open source software.