BitMEX, Binance, Mt. Gox: Why Holders Need to Take Responsibility.

  • private keys are often stored in a protected area of a microcontroller, and cannot be transferred out of the device in plaintext
  • immune to computer viruses that steal from software wallets
  • can be used securely and interactively, private keys never need to touch potentially-vulnerable software
  • much of the time, the software is open source, allowing a user to validate the entire operation of the device

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kingoftheshill

kingoftheshill

Freelance Writer, Content Creator, Registered Nurse, Cryptocurrency Trader and Enthusiast.