Post
Topic
Board Bitcoin Discussion
Re: Exchanges hardware wallet models
by
Micerker
on 13/04/2019, 10:38:45 UTC
What type/models of hardware wallets would exchanges use?

Some have like 100k bitcoins in hardware wallets. How do they keep the qctual wallet from being compromized. They surely cannt let anyone even the owners tranfer funds outside from it or even hold it  Grin
Thats open to criminals chasing people with access to those wallets even if the employees were honest they are still under risk if they have sole access. So what type of hardware wallets would they use?

I see ledger has a wallet that can have multi seed access and transaction size restrictions but thats something new, surely there was a solution before ledegers one.
There is some information about some new technologies that help Bitcoiner keep Bitcoin safe in physical wallets. According to the report, I know if the material impact or unauthorized access, the hard wallet will automatically cancel and you can still access the wallet through memo characters.