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Author Topic: "Not Your Keys, Not Your Bitcoin"  (Read 4936 times)

Online Zed0X

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"Not Your Keys, Not Your Bitcoin"
« on: November 19, 2020, 05:08:43 PM »
I just found out about this new site created mainly to educate beginners in the crypto industry. It highlights the importance of privacy, non-custodial wallets, security, and all that stuff against scams. It is also a quick read (you won't get bored). Another plus factor to me is the simple design and that it loads fast.

Code: [Select]
https://notyourkeys.org/

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"Not Your Keys, Not Your Bitcoin"
« on: November 19, 2020, 05:08:43 PM »

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Offline H2O

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #1 on: November 19, 2020, 06:05:06 PM »
I just found out about this new site created mainly to educate beginners in the crypto industry. It highlights the importance of privacy, non-custodial wallets, security, and all that stuff against scams. It is also a quick read (you won't get bored). Another plus factor to me is the simple design and that it loads fast.

Code: [Select]
https://notyourkeys.org/
Yes sir ,you are 100% right because many scams site already around us and they provide many non custodial wallet. After collecting money the flew away from website.


Offline KryptoBull

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #3 on: November 26, 2020, 05:58:10 PM »
Thank you for the topic, I have accessed and read many useful information from this website. It reaffirms the importance of information security as well as the dangers of hackers in the crypto world.


Offline Gostudio

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #4 on: November 27, 2020, 10:07:27 AM »
You're right. That is also my observation in this forum. This forum educate us and help us undertand cyptocurrency. Also i teaches us the Do's and Don'ts of altcoinstalk.

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #5 on: November 27, 2020, 04:11:47 PM »
I believe that every newbie should learn one of the most important rules that no one and under no circumstances should you transfer personal information, including the secret keys to your assets. In addition, if the resource really provides an opportunity to get the first basics for a cryptocurrency user, then this is a good job for the entire cryptocurrency market, since the user community is growing.

Online Zed0X

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #6 on: November 28, 2020, 10:00:22 AM »
~
Yes sir ,you are 100% right because many scams site already around us and they provide many non custodial wallet. After collecting money the flew away from website.
?

I'm on the opinion that you never bothered opening the informative website I put in the OP. Had you done that, you would never associate scam and non-custodial wallets. Seriosuly, take a look https://notyourkeys.org/

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #6 on: November 28, 2020, 10:00:22 AM »


Offline Master107

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #7 on: November 28, 2020, 09:01:32 PM »
~
Yes sir ,you are 100% right because many scams site already around us and they provide many non custodial wallet. After collecting money the flew away from website.
?

I'm on the opinion that you never bothered opening the informative website I put in the OP. Had you done that, you would never associate scam and non-custodial wallets. Seriosuly, take a look https://notyourkeys.org/

Allow me to quote some important details....

The recent serious case:
Quote
Since the inception of Bitcoin and the cryptocurrency industry, there have been approximately 47 exchanges hacked, with approximately $2.1 billion in stolen money from exchange users.

The recommendation to combat the hacking crime:
Quote
Non-custodial wallets are wallets whereas your wallet’s recovery seed isn’t stored on any company’s servers. Instead, the recovery seed is only stored safely and encrypted locally on your device.

The advantage for us:
Quote
You have full self custody over your funds, and nobody would be able to freeze or take control over your funds.

Correct me if I'm wrong for I believe "open rebuke is better than hidden love." ;)

Offline Power

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #8 on: December 13, 2020, 03:16:49 PM »
I just found out about this new site created mainly to educate beginners in the crypto industry. It highlights the importance of privacy, non-custodial wallets, security, and all that stuff against scams. It is also a quick read (you won't get bored). Another plus factor to me is the simple design and that it loads fast.

Code: [Select]
https://notyourkeys.org/

I visited the website you gave. It is really good and giving right information. I think you are a good reader, I read some of your comments and I saw that you are a good commentator I guess 8). By the way thank you for the information about on how to secure my/our account. I will download them tommorow. Have a nice day ahead.
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Offline Quantum X

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #9 on: December 13, 2020, 04:31:27 PM »
I bookmarked the link after reading it.

Quote
Basic Beginner Security Guidelines
Here is well explained and easy to understand to those who have zero background in crypto space.

Offline Grirdred

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #10 on: January 25, 2021, 07:24:24 PM »
Now a lot of similar proposals, but everything has its own specifics, you need to gather as much information, and everything to check - it is important.

Offline Malathris

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #11 on: January 25, 2021, 07:30:24 PM »
Well, that makes sense.
The main thing is that everything should be safe.

Offline moantana

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #12 on: January 26, 2021, 03:33:12 PM »
there are so many cases like this every bitcoin wants to go up so that traders sometimes panic sell and cause dumps
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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #13 on: July 27, 2021, 09:57:41 PM »
I think everyone has heard a lot of stories when guys lost passwords from their wallets and lost access to cryptocurrency. and many of them have lost very large sums of money, even huge fortunes. so be responsible, save your passwords and take care of security
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Offline Hipshot

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Re: "Not Your Keys, Not Your Bitcoin"
« Reply #14 on: July 29, 2021, 07:30:34 PM »
https://notyourkeys.org/ [nofollow] is a very good read for beginners.

One of the points is dangerously oversimplified imo:

Quote
Non-custodial wallets are wallets whereas your wallet’s recovery seed isn’t stored on any company’s servers. Instead, the recovery seed is only stored safely and encrypted locally on your device.

The wallet’s recovery seed need the wallet software in working condition to recover the privkeys. Non-custodial web wallets exist, they would would be gone if the website is gone. For desktop apps: does it depend on a single server, can it show the keys while offline, is it auto-updating? If last 2 answers are not Yes and No then saving the keys too is a must (unless this recovery seed can also be used with other types of wallets)

 

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