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Bitcoin • AnCap • Carnivore

nostr:nprofile1qqsrf5h4ya83jk8u6t9jgc76h6kalz3plp9vusjpm2ygqgalqhxgp9gpzemhxue69uhkzarvv9ejumn0wd68ytnvv9hxgqgkwaehxw309a3xjarrda5kuetj9eek7cmfv9kqs6xl8h I was getting the red unable to connect screen so after relaunching LND and LiT without any luck I tried reinstalling but get this on Aurora Store /CalyxOS.

I couldn't find a link that I thought was ideal so I asked Perplexity.ai and corrected some errors myself. Hope this helps. Only use this as an initial guide, best to do your own research to verify this info.

Bitcoin Security Levels: From Least to Most Secure

Here's a guide outlining the various levels of Bitcoin security, ordered from worst to best. Each level generally increases in complexity, control, and safety. There are other security factors with most setups like the importance of backing up seed words securely on paper or metal, the optional use of a passphrase on Single Signature setups and the option to run your own full Bitcoin node that are not included here.

1. Custodial Wallets

* Description: Your Bitcoin is held by a third-party exchange or service.

* Example: Coinbase

* Risks: Subject to exchange hacks, insolvency, or regulatory issues.

* Use case: Used a lot by beginners (unfortunately) and traders, high risk for long-term storage.

2. Single Signature Software Wallets

* Description: Wallets installed on a device (desktop or mobile).

* Example: Nunchuck

* Risks: Keys are somewhat exposed to the internet. If the device is compromised and has no added security ie PIN number or 2FA funds can be stolen.

* Benefits: User has control but relies heavily on device security.

3. Single Signature USB Hardware Wallets

* Description: Hardware devices that connect to laptop/desktop via USB, storing keys securely on the dedicated device.

* Example: Trezor

* Risks: Very low risk of attack via the USB.

* Benefit: Significantly reduces attack surface compared to software wallets.

4. Single Signature Air-Gapped Hardware Wallets

* Description: Hardware wallets that sign transactions without ever connecting directly to a computer (air-gapped). Signatures are transferred via microSD card or QR code.

* Example: ColdCard (also has USB option)

* Risks: Very rare physical attacks (all previous options have this risk too)

* Benefits: High security for solo holders, minimizes online attack vectors.

5. Multi-Signature (Multi-sig) Setups

* Description: Wallets requiring multiple private keys (e.g., 2-of-3). Keys are stored on multiple different devices/ methods.

* Risks: Complexity increases; risk of losing keys if not properly backed up. Only for advanced users.

* Benefit: Protects against single key compromise and supply chain attacks; no single point of failure.

6. Geographically Distributed Multi-Sig

* Description: Multi-sig keys are stored in different physical locations, often across countries.

* Risks: More complex and effort to set up and manage. Only for advanced users.

* Advantages: Highest level of security—distributes risk across multiple jurisdictions, protecting against physical threats, government interference, or natural disasters.

nostr:nprofile1qqst5teefqektpr4aytgpwyclxlq78v9q9nvd2pem0sgf5pxdttwyzspydmhxue69uhk66rsxg6ns7njwp5kjamw9e3kcmmjv43kcmm4vshxuet59uqsuamnwvaz7tmwdaejumr0dshsmj5gug

banksÿÿÿÿ

Am I correct in thinking nostr:nprofile1qqsw3znfr6vdnxrujezjrhlkqqjlvpcqx79ys7gcph9mkjjsy7zsgygpzpmhxue69uh5ummnw3ezuamfdejsz9thwden5te0v4jx2m3wdehhxarj9ekxzmnymlvvup used to have a webpage that helped people find the derivation path?

Coinkite.com/toolkit is no longer up.

I stopped using my own Green wallet and deleted it because of how poor their customer support was for a completely different issue I had.

Firstly Guy, both issues have been resolved so no need to spend any more time on it.

I prob wasnt clear. 1st person tried his Green seed in Blue and got zero balance. His original issue was a 2FA thing that he never set up denying him access to Green, so I suggested restoring in Blue. He eventually fixed the 2FA.

2nd person tried his Cobo seed in Nunchuck and got a zero balance. He then tried it in Blue and this worked. His issue was it was the Cobo setup simply no longer worked.

I now understand its a derivation path thing but it surprised me because I thought most of these well known wallets use compatible paths. I have a pretty rudimentary understanding of derivation paths and thought they were only important to record with mu-sig setups.

Bottom line is its pretty horrible UX when a new user, or any user for that matter types their seed phrase in during recovery and is hit with zero balance. And were also never prompted to note anything other than the seed.

On the positive side when it happens again I'll be able to advise them better.

In the last few months I've had two newcoiner friends who had issues with nostr:nprofile1qqsfy229w70e8lgtxavlz9t78k06yrel6fxyhreteafqet8kfxhhwmgpr9mhxue69uhhqun9d45h2mfwwpexjmtpdshxuet59uq3vamnwvaz7tmjv4kxz7fwwpexjmtpdshxuet5uzhxm7 Green wallet and Cobovault. On both occasions their BIP39 seed phrase did not work when restoring on an alternative wallet. One tried nostr:nprofile1qqsvxq03xdev3uxehjqcdkr5lfzl5vawmcf7vm6ps73m6ghwg8y4k2spz4mhxue69uhk2er9dchxummnw3ezumrpdejqz9nhwden5te0dehhxarj9eekcmm5dpujuamfdcq9v6rc which showed a zero balance, the other nostr:nprofile1qqsqxqmml7j56x4lrylqm4h2ce9etmrmeunyqfheu8kjewdsuwn7mkqpzfmhxue69uhkzum5wfskctnwd9hx5cgpramhxue69uhky6t5vdhkjmndv9uxjmtpd35hxarn9ehkumrfdejsmd83ak which did the same.

Strangely the first was able to get nostr:nprofile1qqsqxqmml7j56x4lrylqm4h2ce9etmrmeunyqfheu8kjewdsuwn7mkqpzfmhxue69uhkzum5wfskctnwd9hx5cgpramhxue69uhky6t5vdhkjmndv9uxjmtpd35hxarn9ehkumrfdejsmd83ak to work. The Green guy was able to fix his issue but withdrew all his funds because of this.

Anyone have any idea what's going on bearing in mind I'm 99% sure the words were correct and they weren't using a passphrase.

#Bitcoin

#asknostr

nostr:nprofile1qqstnem9g6aqv3tw6vqaneftcj06frns56lj9q470gdww228vysz8hqpzdmhxue69uhkzmr8duh82arcduhx7mn9qy2hwumn8ghj7etyv4hzumn0wd68ytnvv9hxg8mv947

nostr:nprofile1qqspnzgrfett3asxcuj0gksje6z2zxzpvgd27uvz58m9vsuqh8zzw6cpr9mhxw309a382emdv9hzumt8w4ujumn9wsargwp58qq3vamnwvaz7tmzv46xztnwdaehgunfdshxxctd9a4sn7

nostr:nprofile1qqst0mtgkp3du662ztj3l4fgts0purksu5fgek5n4vgmg9gt2hkn9lqppemhxue69uhkummn9ekx7mp0qys8wumn8ghj7mn0wd68ytn9d9h82mny0fmkzmn6d9njuumsv93k2tct43vxq