Bitcoin Mining and Security, Part 2

Let’s take a look at crypto security and if you need it, check out Part 1.

Bitcoin security is important. Your bitcoin or any other cryptocurrency has a unique address or ID or private key. Therefore, you need to be aware of the importance of staying safe. If you lose it, it is difficult to recover, so you need to make sure it works as well as possible.

I must emphasize this clearly, because safety must be paramount and it must not be taken lightly.

There are many stories of people who have lost access to computers (due to negligence or misconduct) and who have ultimately been unable to recover bitcoin or another cryptocurrency. This should be the equivalent of leaving your wallet vulnerable, both through a wallet and when you are away from indifference.

Fortunately, there is a double way to protect your property. If you are unlucky enough to lose access to your computer or tablet, a secure hardware wallet will ensure (in any way) your ability to recover your bitcoin, ethereum, litecoin, etc.

A hardware wallet allows you to recover your cryptocurrency on any other computer, which is basically the USB connection you use to secure your transactions.

Second level of security.

Trezor is an original hardware wallet that is easy to set up for your bitcoin security. There are other products available, but for the rest of this article, I’ve decided to focus on the Trezor hardware portfolio.

The main security feature of Trezors bitcoin is zero trust.

Using the Treasury screen, you can independently verify and physically confirm all transactions directly on your device.

It also asks you for a pin every time you sign in. This ensures that you are present at all times.

As a single-purpose device, there is no other function in the wallet.

Simple matching equals security.

Treasury is no exception to the risk of malware or viruses. However, the less devices Trezor communicates, the more Bluetooth, wifi, or Qr code is not scanned, so the simpler the communication protocol, the more secure your bitcoin security will be.

Plus, Trezor doesn’t have a battery. When disconnected, it is turned off and your coins are safe from cyber attacks.

I hope you have emphasized the importance of bitcoin security. The key issues are zero confidence and concrete security. Also make sure that your backup process is as secure as possible, that is, if necessary, make sure that your data can be accessed explicitly by someone you trust.