Ledger CTO on How NOT to Lose Your Crypto
Bankless - A podcast by Bankless
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Charles Guillemet is the CTO at Ledger with a highly experienced background in cryptography and hardware security. In today’s episode, Charles walks through all levels of security. No matter if you’re just beginning your wallet security journey or if youre a veteran, this episode will teach you something new about all things crypto and wallet security. ------ 📣 MetaMask Learn | Learn Web3 with the Leading Web3 Wallet https://bankless.cc/ ------ 🚀 JOIN BANKLESS PREMIUM: https://newsletter.banklesshq.com/subscribe ------ BANKLESS SPONSOR TOOLS: 🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken 🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum 👻 PHANTOM | #1 SOLANA WALLET https://bankless.cc/phantom-waitlist ------ Topics Covered 0:00 Intro 5:52 CTO of Ledger 8:35 Private Keys 17:25 Avoiding Bad Entropy 23:11 Private Keys & Seed Phrases 29:00 Mistakes Storing Seed Phrases 36:55 Securing Your Seed Phrase 45:00 Overengineer Wallet Security 47:55 Cold vs. Hot Wallets 54:22 Benefits of Hot Wallets 58:47 Smart Contract Risk 1:06:45 Allowances 1:11:30 Allowance Access 1:14:00 Blind Signing 1:18:00 Solution to Blind Signing 1:21:38 Resources to Learn More 1:22:22 Closing & Disclaimers ------ Resources: Charles Guillemet https://twitter.com/P3b7_ Ledger https://twitter.com/Ledger ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures