Post
Topic
Board Bitcoin Discussion
Re: Bitcoin cold storage - HACKED easily
by
MrTeal
on 16/01/2015, 14:43:43 UTC
What if your base os is compromised and you use a livecd whilst being offline to store the coins.....can this make you unsafe?

The only risk from what I see in the article is that if you use software to originally set up your wallet that actually originated from a criminal trying to steal your coins with this method, they could steal any coins you subsequently deposit.

They cannot hack a wallet that is secure. They can only put a backdoor in it when it was first created. And only if you use software that is not open-source and vetted by anyone besides the criminal.

Please re-read : "Even if the manufacturer (https://bitcoin.org/) claims that it runs open-source code, how do you tell whether it is actually running what you compiled?"
bitcoin.org is added by you. The article was talking about hardware wallets like Trezor or Bitsafe, and that is a valid concern.
If you're concerned about the precompiled binaries on bitcoin.org not matching the source, just compile it yourself.