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Trezor Hack - Devices Are NOT SECURE - Private Key Can Be Extracted At Startup by lexiconical

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· @lexiconical ·
$77.37
Trezor Hack - Devices Are NOT SECURE - Private Key Can Be Extracted At Startup
<center>![Trezor Hack 1.png](https://steemitimages.com/DQmNbJurWk6GbYJXNEBD2ceouVuzY1R1jjZPm9Q7CMn2cnu/Trezor%20Hack%201.png)</center>

The Trezor hardware wallet is generally assumed to be one of the safest ways to hold your Bitcoin. Unfortunately, new information has emerged showing that may not be the case.

The short version is that the Trezor's RAM can be accessed at startup, giving anyone access to your wallet if they have your device for 15 seconds or more. [Medium user "Doshay Zero404Cool" gives a much more in-depth overview at this link.](https://medium.com/@Zero404Cool/trezor-security-glitches-reveal-your-private-keys-761eeab03ff8)

Suffice it to say, the outlook is not good:

<center>![Trezor Hack 2.png](https://steemitimages.com/DQmR6SpwdtcVJbaFwqftMMNnDwDz4RdM4ZxQJGtVpFNY2Sc/Trezor%20Hack%202.png)</center>

Helpful Reddit user Tom Fyuri gives a brief TLDR here. He seems biased against Trezor, but given the situation that seems appropriate:

![Trezor Hack 3.png](https://steemitimages.com/DQmQib2YoLVSZ8sGgGnEs5b376akEBLFm1bDMJ6aKC2Emy5/Trezor%20Hack%203.png)

__The bottom-line for everyone, however, is Trezor was never a good solution because of their non-proprietary setup. I personally believe the Ledger Nano S is a much better option and is not susceptible to this kind of hack. If you have funds in a Trezor, quickly locate a safer location for them and move them there. Ledger units have been back-ordered most of this year, so get your order in early if you want one.__

![Trezor Hack 4.png](https://steemitimages.com/DQmPbhDeM6bd1qWqLrmM91yFZREXkP4TpcGtM5kb5B6r9DY/Trezor%20Hack%204.png)

*Note: I am not affiliated with Ledger.*

*Sources: Reddit, Medium user "Doshay Zero404Cool", BuyBitcoinWorldwide*
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 19 others
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@bitcoinflood ·
$0.23
Yikes I was just about to get myself one I am glad I did not now. Thank you
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@lexiconical ·
Happy to help! Check out the Nano S, I love it.
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@bukharisulaiman ·
Great bother
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vote details (2)
@clumsysilverdad ·
$0.30
hmmm, makes me glad i have silver in the drawer (-:
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vote details (3)
@doonaberlin ·
$0.30
Lol - Honestly I own more physical silver and gold than stocks and cryptos together :-) I love that stuff even I dont make much profits with that....
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vote details (3)
@nikez452 ·
metals time will come, but it could be awhile yet
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@lexiconical ·
$0.29
I used to like silver, but I got out on that epic pump to $49 and haven't really looked back.

It sure is pretty though...and heavy.
πŸ‘  
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@cryptoviking ·
$0.82
Damn that's screwed up! Good thing I didn't go with the trezor!
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@lexiconical ·
You have chosen...well.
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@daudimitch ·
$0.15
@lexiconical I thought Trezor was the shit...If we follow Moore's Law, the next thing would be the blockchain hack, as we add more layers to it, we also provide further windows for hackers...
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vote details (2)
@lexiconical ·
$0.29
I too am slightly worried about a quantum computing black swan, or something to that effect. It's going to be a crazy decade.
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@daudimitch ·
$0.29
definitely, as we progress into a digital age, cyber security gonna be important very important. Quantum gonna prove which technology is truly revolutionary, difficulty should be a thing of past, but we see how things go
πŸ‘  ,
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@doonaberlin ·
$0.29
As I know they are going to provide an security update that prevents this in future. Anyways... save some money to order the Ledger Blue :-)
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vote details (3)
@lexiconical ·
$0.29
My understanding is that this is a chip-manufacture issue, so they would be unable to fix this without actually recalling wallets and replacing them. (unlikely)
πŸ‘  
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vote details (1)
@faustofraser ·
$0.61
This article states that after a firmware update the issue is resolved. What bothers me is that it might take them more then 15 seconds and special firmware to crack the Trezor. 
>*β€œThis attack vector was fixed in firmware 1.5.2,” explains the Trezor employee Xbach. The claims in the post are not 100% correct. While it is true that this vulnerability affects devices with firmware versions earlier than 1.5.2, it was fixed in the latest update. Moreover, an attacker would need more than 15 seconds: they need to be physically present and a special firmware.”*

Source: https://news.bitcoin.com/trezor-calls-an-article-that-claims-to-break-bitcoin-hardware-wallets-fud/

Do you think they might go for a more secure chip in the next models?
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vote details (3)
@lexiconical ·
*"Do you think they might go for a more secure chip in the next models?"*

I hope so. I think that's necessary to compete with Ledger.
πŸ‘  
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vote details (1)
@financialcritic ·
$0.72
Yikes! I almost ordered a trezor the other day because amazon had them available...glad I didn't pull the trigger.
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vote details (3)
@lexiconical ·
$0.29
I love my Nano S. Well worth it. I much prefer the styling too, not that that really matters, but it is very snazzy. Makes handling wallets fun.
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vote details (1)
@mralan ·
$0.15
I have one backordered on the Bitcoin Store. How do I get a refund now?
<a href="https://www.youtube.com/c/mralanc?sub_confirmation=1">

<img src="https://steemitimages.com/0x0/http://i67.tinypic.com/zxjzt5.png"/></a><a href="https://www.youtube.com/c/mralanc?sub_confirmation=1"><img src="http://i67.tinypic.com/2d6wffo.jpg"/></a><a href="https://twitter.com/alan_craker"><img src="http://i68.tinypic.com/6olafq.png"/></a><a href="http://steemit.com/@mralan"><img src="http://i67.tinypic.com/syl27a.gif"/></a><img src="http://i68.tinypic.com/23hufzs.png"/>
<center> http://www.FlippyCoin.com is the #1 Cryptocurrency Exchange!<a href="http://www.flippycoin.com"><img src="http://i65.tinypic.com/r2ur9d.jpg"/></a></center>
πŸ‘  ,
properties (23)
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vote details (2)
@generation ·
$0.15
No way! Just when you think you are safe...
πŸ‘  ,
properties (23)
authorgeneration
permlinkre-lexiconical-trezor-hack-devices-are-not-secure-private-key-can-be-extracted-at-startup-20170818t112539213z
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vote details (2)
@hennessy ·
$0.30
paper wallet is the most secure...and very easy to create
https://youtu.be/I1uefzJJ6nM
πŸ‘  , ,
properties (23)
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vote details (3)
@lexiconical ·
A good point to keep in mind. However, they are also a bit easier to lose/ruin IMO than a hardware wallet.
properties (22)
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@jahkim ·
I am still get one , the price should go down and for this new world of crypto u don't want to just have one hard wallet . That just in case wallet
πŸ‘  ,
properties (23)
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vote details (2)
@lexiconical ·
I doubt they'll lower the price. I'd still suggest a Nano S instead.
properties (22)
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@josepimpo ·
$0.17
Time to upgrade my Ledger Nano to a Nano S
πŸ‘  , ,
properties (23)
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vote details (3)
@lexiconical ·
I have never used the Nano, but I love my Nano S.

I think the reason I got the Nano S initially was because of additional currency support.
πŸ‘  
properties (23)
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vote details (1)
@lost.identity ·
$0.16
Digital Bitbox also is a killer unit. doubles as a U2F, and it's a high security monster.
πŸ‘  , ,
properties (23)
authorlost.identity
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vote details (3)
@lexiconical ·
Nice, I hadn't heard of that one! The Ledger Nano also has the Fido u2f option, but I haven't used it.
properties (22)
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@luismt ·
$0.15
Paper wallets are always your best choice.  Keep the safe!
πŸ‘  ,
properties (23)
authorluismt
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vote details (2)
@mbbout ·
$0.15
Should I cancel my order?
πŸ‘  ,
properties (23)
authormbbout
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vote details (2)
@lexiconical ·
If you can still get a full refund, I would.
properties (22)
authorlexiconical
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@nutela ·
$0.30
Great write up! Not too long and to the point. Stuff like this can become complicated fast.
πŸ‘  ,
properties (23)
authornutela
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vote details (2)
@lexiconical ·
$0.16
You don't know how hard it is to keep these things short. I have a tendency to get wordy, and I must remember brevity is the real soul of wit...especially on Steemit.

I had to write an article about it to remind myself.
πŸ‘  ,
properties (23)
authorlexiconical
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vote details (2)
@nutela ·
$0.15
Dude, *tell* me about it! :D
πŸ‘  ,
properties (23)
authornutela
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vote details (2)
@nutela ·
$0.15
Shall I knock on the door of the Trezor devs? I live nearby.
πŸ‘  ,
properties (23)
authornutela
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vote details (2)
@p0o ·
$1.72
I never understood why people want to put the virtual money again in a physical shape. Wasn't it the goal of bitcoin to get rid of physical money in the first place? Just use a paper wallet with BIP38 encryption and go on.
πŸ‘  , , , , ,
properties (23)
authorp0o
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vote details (6)
@lexiconical ·
Paper is just about as physical a shape as a hardware wallet, IMO, and easier to lose.
πŸ‘  ,
properties (23)
authorlexiconical
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vote details (2)
@p0o ·
$0.08
The name is paperwallet you can just keep it digital in many copies in your private emails, google drive and SD cards.
πŸ‘  ,
properties (23)
authorp0o
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vote details (2)
@lighteye ·
$1.10
> Just use a paper wallet with BIP38 encryption and go on.

By far simplest and safest way to keep money on blockchain.

I never understood why people think that their virtual money will be safer with some company's con-trap-tion which will β€œguarantee” safety. Ridiculous.
πŸ‘  , , ,
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vote details (4)
@reseller ·
$0.09
Its always something too, once you think your coins are safe BOOM some shit like this comes out.
πŸ‘  
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@tecnomundo ·
El dinero "virtual" no se pone de forma "fisica" al usar un hadware Wallet. Los hadware wallet nunca almacenan bitcoin o criptos, lo que almacenan en la semilla con la que firmamos las transacciones.
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@prakashghai ·
This post is Such an Eye-Opener.
πŸ‘  
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vote details (1)
@sanjay91422 ·
$0.15
Today Trezor is unsafe and who knows tomorrow Ledger Nano S would become unsafe, but till then one can go on with you.
πŸ‘  ,
properties (23)
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vote details (2)
@lexiconical ·
$0.29
Almost anything is possible. However, the Ledger is more resistant to this sort of issue, as I noted above, and costs a similar amount.
πŸ‘  
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vote details (1)
@silver-saver ·
$0.18
Wow! That is good to know! I was debating between a Ledger and Trezor instead of a paper wallet. Thanks!
πŸ‘  , ,
properties (23)
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vote details (3)
@tecnomundo ·
Seria intersante hacer una actualizacion de este articulo, La vulnerabilidad, "la cual se daba, si o solo si el atacante tenia acceso fisicamente al dispositivo".  Igualmente el Equipo de desarrollo actuΓ³ rapidamente y la corrigiΓ³. Trezor es una excelente Wallet y mejor aun la version T
properties (22)
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@teddifer ·
Always something... sheesh.
πŸ‘  
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vote details (1)
@vsf · (edited)
$0.15
The only safe option is paper wallet but it has natural threat!
πŸ‘  ,
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vote details (2)
@lexiconical ·
$0.14
Yep, there is never a 100% secure option for anything.
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properties (23)
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vote details (1)
@zharabohatexx ·
great post ! @lexiconical!

 like it
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