What’s up today? (Part 2)

Is it an option or compulsory? Those without trusted alternatives may like this option.

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It appears to be an option. I had my data leaked with the ledger hack a few years ago, I am still getting scam attempts from it.

A hardware wallet is about self custody. When said wallet needs your personal information tied to your seed phrase that they now store on your behalf, that is entirely the wrong direction.

How long before they are forced to hand over a seed phrase tied to a identity?

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If it’s your your choice it’s your responsibility.

I don’t use a hardware key because purchasing one is dangerous.

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I presume there is an opt out. Please tell me there is an opt out…

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For now, it looks to be to be opt in.

Even if an option, it means the functionality is baked in. What happens the day an error is made and the split seed is exposed even if you opted out. Maybe by a hack, maybe they do it anyhow waiting for you to assign them

This will require a though audit of the code to ensure each release does not open situations where the split seed is exposed unintentionally

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:thinking: Seems like SEC wants to label ALL tokens as securities these days. No reasons given in the article and perhaps none given at all (likely), so no idea really what the complaint is. Seems also that you have to prove your innocence instead of them proving your guilt.

Yeah the issue is people thought the hardware “secure element” was actually unhackable, but the ledger team recently admitted it’s all just software only, meaning a simple bad (hackers or official) firmware update can break the thing and take your keys.

That’s not what we all thought ledger was.

Shame. People are right to be mad.

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#TrustMeBro


Privacy. Security. Freedom

While reading some of the commentary on the recent ledger controversy, I came across Radix Smart Accounts and “the end of mandatory seed phrases”. @JimCollinson I know you’re not really in the ux headspace at the moment, but maybe later this could be a useful article in the future.

Smart Accounts enable multiple factors as a way to recover your account, meaning users can access their account through a variety of options – including keys held in the Radix Wallet on a user’s phone, authenticator devices (such as a Yubikey), ledger hardware wallets, and 3rd party recovery services. In addition, features like ‘social recovery’, which allows users to nominate a trusted person to support with wallet recovery, enable users to set up extra account recovery in the case that primary digital access routes are unavailable. This means they always have multiple routes into their account, giving them peace of mind that their assets are always retrievable.

This feature is due to become available on Radix in July 2023 - What are Smart Accounts? | The Radix Knowledge Base

I’m very curious to see what people who use this feature have to say about it, since it’s more of a ux improvement than a technical improvement, so it can only be judged by how users respond to it (the technical details matter but aren’t a good indicator of potential success).

Some technical comparison between Radix Smart Accounts vs Ethereum ERC4337 Account Abstractions - Why ERC-4337 “Account Abstraction” Falls Short of Radix Smart Accounts | The Radix Blog | Radix DLT

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This would be a great option for Safe accounts. Good find! :beers:

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I’ll take a look. Radix are always impressive…

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Gmail got this great feature to add multiple Yubikeys as backup incase you loose one.

Edge Wallet’s recovery through email, drive, etc. is also handy.

The token is not sent from Edge, it is sent by you to your choice of messaging or storage method (such as email, drive, etc.).

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It actually feels like a similar UX soluition to the one you and I worked on @mav:

I.e. allow users to create a fabric of factors with which to secure their assets that allows more tolerance for the failure of one factor.

In our example we us a seed phrase as a opener, but it’s not a single point of weakness, you can have a bunch of them, or none at all, or use social style recovery as Radix describe.

This is the type of forward steps in UX the decentralised web really needs to make.

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I don’t seem to be able to decrypt your message Jim :face_with_diagonal_mouth:

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fabic == FABulous Internet Connection

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Haha

My typing is getting worse and worse

*create

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Are there any Trezor model T users here. I have a Model One that I am not a fan of. But am thinking off getting one to replace my Nano X.

Ideally is there anyone who has both Nano X and Model T that can compare.

‘Fabic’ (book of synonyms) was new to me too. I guessed ‘great’ but thought fabic must be a typo too :man_facepalming:

You also stumped the spell checker. :clap:

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Oh FFS. My thought speed far exceeds my typing rate these days. I don’t know if thats a sign of advancement, or degredation.

*fabric

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