Quote from: btchip on September 21, 2014, 11:19:11 PM

also GreenAddress is probably the most complex integration example since it's already pretty secure when configured in paranoid mode (i.e. with an external second factor on a dumb phone), so here HW.1 adds a little bit of security by preventing a malware owning the computer or Chrome to get access to the seed when HW.1 is not connected, and that's pretty much it. It just reduces the attack surface a little bit more, and makes using the service more convenient when logging in and transacting, since you don't have to remember anything but your PIN and nothing is stored anywhere but on the dongle.

Id like someone trying to sell me on the scenario where I want to give bitcoin to a person and I am comparing using HW.1 to using blockchain.info to create a paper wallet and put it in an encrypted zip folder and emailing it to someone.

I hope we all know how dangerous it is to give the uneducated person a digital paper wallet where they copy paste the private key into wallet software. If I was a hacker I would write code which does only one thing, namely it would monitor the clipboard for a 51 character string beginning with "5" and immediately send it off to a program which would empty that address from all of its funds.

There may be malware which does more sophisticated attacks at stealing bitcoin funds but I only know the type of malicious code I would write being an incredibly lazy person.

I've told people several times that they should type in the first few characters and then only copy a portion of the private key for the purpose of importing into wallet software. Not sure how much this minimizes the possibility of attack because I don't write malicious code and understanding malware is not my expertise. Would greatly appreciate getting a professionals POV on the subject.

Being that I could give HW.1 to a friend and this would save them from needing to be exposed to this kind of attack I am weighing its value with respect to this specific scenario.

So I would really really like a video showing someone wanting to give bitcoin to a friend and considering the various possibilities of how they might do that with HW.1 being compared to an encrypted zip file with a paper wallet inside and sent via a dropbox link which is later deleted.

If someone can do a video on this and provide some genuine insight 0.025 BTC reward (10 dollars at time of writing). Video must contain the perspective of a minimally technical person receiving a HW.1 in comparison to receiving a paper wallet and the exact steps they take to initialize a new wallet software to be able to send the funds. In the youtube video comments link back to this post and provide a bitcoin address. Also email me joshuad31 -a t- yahoo -d o t- com.

~J