Ninjastic
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Version 2
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Edited on 02/08/2025, 04:51:58 UTC
Quote from: Solosanz on August 02, 2025, 04:14:40 AM
Quote from: headingnorth on August 02, 2025, 03:41:49 AM
Anyone with large amounts of bitcoin in self-custody should be using the passphrase feature IMO,
so they can't steal your bitcoin with just the seedphrase alone. It is your last line of defense.
It's not about using passphrase or any other extra security including multi sig, once you installed the fake apps, they can gain access into your smartphone.
once you installed the fake apps, they can gain access into your smartphone.
The most important thing is hold large amount of coins in hardware wallet or air-gapped wallet, not in hot wallet. Also don't save every password or any secret information in your smartphone.

A fake or scam app can gain access to your phone, but it will never know your passphrase.
Which of course should only be stored in your brain and not on any devices.
You can write it down somewhere safe as a physical backup in case your memory should ever fail you.



Quote from: Solosanz on August 02, 2025, 04:14:40 AM
The most important thing is hold large amount of coins in hardware wallet or air-gapped wallet, not in hot wallet.
A fake app can gain access toAlso don't save every password or any secret information in your phone, but it will never know your passphrasesmartphone.
Which of course should only be stored in your memory and not on any devices.
You

That is true, but sometimes even smart people do careless or dumb things.
A passphrase can write it down somewhere safe as a physical backup in case your memory should ever fail yousave someone from their own stupidity.
Version 1
Scraped on 02/08/2025, 04:26:39 UTC
Quote from: Solosanz on August 02, 2025, 04:14:40 AM
Quote from: headingnorth on August 02, 2025, 03:41:49 AM
Anyone with large amounts of bitcoin in self-custody should be using the passphrase feature IMO,
so they can't steal your bitcoin with just the seedphrase alone. It is your last line of defense.
It's not about using passphrase or any other extra security including multi sig, once you installed the fake apps, they can gain access into your smartphone.

The most important thing is hold large amount of coins in hardware wallet or air-gapped wallet, not in hot wallet. Also don't save every password or any secret information in your smartphone.



A fake app can gain access to your phone, but it will never know your passphrase.
Which of course should only be stored in your memory and not on any devices. You can write it down somewhere safe
You can write it down somewhere safe as a physical backup shouldin case your memory should ever fail you.
Original archived Re: Apple (and Play) Stores are hosting scam wallet apps.
Scraped on 02/08/2025, 04:22:20 UTC
Quote from: Solosanz on August 02, 2025, 04:14:40 AM
Quote from: headingnorth on August 02, 2025, 03:41:49 AM
Anyone with large amounts of bitcoin in self-custody should be using the passphrase feature IMO,
so they can't steal your bitcoin with just the seedphrase alone. It is your last line of defense.
It's not about using passphrase or any other extra security including multi sig, once you installed the fake apps, they can gain access into your smartphone.

The most important thing is hold large amount of coins in hardware wallet or air-gapped wallet, not in hot wallet. Also don't save every password or any secret information in your smartphone.



A fake app can gain access to your phone, but it will never know your passphrase.
Which of course should only be stored in your memory. You can write it down somewhere safe
as a physical backup should your memory fail you.