Trezor Safe 3 Unbox, Setup Guide, Demo & Review (Cryptocurrency Hardware Wallet Bitcoin, Ethereum)

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  • เผยแพร่เมื่อ 22 ธ.ค. 2024

ความคิดเห็น • 274

  • @formetoknow540
    @formetoknow540 ปีที่แล้ว +2

    Thank you for always spending your time to provide value for free to us ungrateful individuals

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +2

      No worries, it's always good to have these devices in-hand and to cover the details that are often glossed over in the marketing :)

  • @martinlutherkingjr.5582
    @martinlutherkingjr.5582 8 หลายเดือนก่อน +1

    Is there any real downside to the safe 3 compared to the model-t apart from the lack of touch screen UI and offline signing of psbts using the micro sd slot? Even if price isn’t a concern at all it seems like overall just a better device than the model-t if you don’t need those 2 features. Connecting a device without a secure element to an internet connected computer never seemed like a great idea.

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      Trezor T doesn't support offline signing of PSBT files via the MicroSD slot. The only real advantage of the T is the touchscreen, which I personally don't like anyway... The presence of absence of a Secure Element isn't relevant to the safety of connecting via USB, it's only relevant to how safe a device is against physical attacks and whether it's possible to do a cryptographic genuineness test.

  • @PlatypusAurelius
    @PlatypusAurelius ปีที่แล้ว +2

    Excellent overview and demo! I just got my Trezor Safe 3 today and am looking forward to testing it out.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      It's a really nice device, so hope it goes well

  • @cryptoarbitrage-p1l
    @cryptoarbitrage-p1l ปีที่แล้ว +2

    What is the actual added security a passphrase gives? What happens even someone has your 24 word seed phrase? He isn't able to steal the crypto because of the 25th word?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +2

      There are a few ways that it can boost security.
      1) Protecting backups - Even if someone finds your seed backup, they also need to know (or to be able to guess or brute-force) the passphrase to be able to access the funds.
      2) Adds additional entropy, particularly useful for hardware wallets where seed generation happens in a closed source process.

    • @cryptoarbitrage-p1l
      @cryptoarbitrage-p1l ปีที่แล้ว +2

      @CryptoGuide for erc20 altcoins, which are the safest hardware wallets? I personally like trezor and keystone. I am also interested for the bitbox . But the keystone seems to be the only one that decodes transactions

    • @chain_wizard
      @chain_wizard ปีที่แล้ว +1

      ​@@CryptoGuidehi again. Only bitbox and trezor are creating the seed phrasebopen source. That's what i found from your website. Am i right?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      All 3 are fine for that, with the main difference that Keystone offers being transaction decoding and the ability to use with an iPhone. (neither Trezor nor Bitbox02 will work with an iPhone)

  • @danielkursk
    @danielkursk ปีที่แล้ว +1

    As far as I understand, the secure element here is keeping the “salt” that is mixed with PIN code to decrypt the contents of the chip. Similar result can be achieved with SD Card protection enabled on Trezor T (obviously if SD card is securely stored separately from the device) where that “salt” is stored on the SD card instead of a secure element. Is my understanding correct? Can you confirm that? Or am I misunderstanding something here? Thank you.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      That's basically what's happening, though the secure element is also used to check the genuineness of the device. (Which wasn't really possible on a robust way with the previous Trezor models)

    • @martinlutherkingjr.5582
      @martinlutherkingjr.5582 8 หลายเดือนก่อน

      @@CryptoGuideAlso, wouldn’t the safe 3 be less susceptible to potential attack vectors if a generic microcontroller (like the model t and one have) that is connected to an internet connected computer via usb?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      It is less susceptible to physical key extraction attacks that depend on attacking the MCU itself. The attack surface for a theoretical USB based exploit is the same, as the keys all live on the MCU after it is unlocked. (But none of these have ever been demonstrated)

    • @martinlutherkingjr.5582
      @martinlutherkingjr.5582 8 หลายเดือนก่อน

      @@CryptoGuide Are there any hardware wallets where the keys don’t live on the MCU when unlocked?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      Basically Ledger and a few others that run on Smartcards (like Satochip), possibly some other other closed source ones. All of the open source type options only keep the secrets in the Secure Element when the device is at rest, but load it into the MCU at run-time once it is unlocked.

  • @kennythompson9646
    @kennythompson9646 7 วันที่ผ่านมา

    Just watch your vid man to get up my Trezor 3. Thank you. I love what you're doing in the space.
    I was thinking it would of had USDT on it. Is there a reason it don't?

    • @CryptoGuide
      @CryptoGuide  7 วันที่ผ่านมา +1

      Thanks, glad it helped.
      Usdt is generally just an Ethereum token, so it just send that to your eth address from Trezor Suite.

    • @kennythompson9646
      @kennythompson9646 7 วันที่ผ่านมา

      @CryptoGuide ohh. Interesting. So, transferring USDT to my Trezor safe 3 won't be any issue your saying?

    • @CryptoGuide
      @CryptoGuide  7 วันที่ผ่านมา +1

      That's right, just send a small TX if you aren't sure, but basically once the token has been sent to the eth address, is balance will appear there in Trezor Suite

    • @kennythompson9646
      @kennythompson9646 7 วันที่ผ่านมา

      @CryptoGuide thank you

    • @CryptoGuide
      @CryptoGuide  7 วันที่ผ่านมา

      No worries

  • @SuperSokol7
    @SuperSokol7 ปีที่แล้ว +1

    Thank you for your review. I am new to crypto but planning to have a portfolio mostly of BTC, Sol, ETH, Avalanche etc and I noticed that Trezor does not cover everything. Thus I thought I should have 1. Trezor 3 just for BTC (eg the BTC only) 2. Trezor T for other and 3. A Ledger for other and 4. an exchange Is this a good strategy? I am planning to first open and account on an exchange and then ordering these wallets. I also saw that you can also buy BTC directly from Trezor suite. Wouldn't be better to learn how to use an exchange first and transfer the btc directly from exchange to Trezor 3 instead of from Trezor 3 Suite? I also plan to buy physical safes and metal trezor seed safe.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      Whatever approach you take, it's probably best to minimize the number of seeds you are using, as you will end up getting your backups mixed up...

    • @SuperSokol7
      @SuperSokol7 ปีที่แล้ว

      @@CryptoGuide Thanks! Good point. So should I get only Trezor 3 for BTC and EHT or only Trezor T? I live in a safe place, have an alarm in my house lock on my room and two safes. I plan to get 3-6 btc and plan to keep one on exchange and rest on one trezor wallet.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      I don't really understand why you would get multiple Trezors for something like this, as you will still end up having multiple seed backups. You might as well just have one device, one seed and do the coin segregation through two passphrases. (Which you also include as backups somewhere)

    • @SuperSokol7
      @SuperSokol7 ปีที่แล้ว

      @@CryptoGuide Great idea. So if I only get Trezor T it is fine? I think it it is more usuar friendly than tresor 3....

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Yea, just be sure to include some backup of your passphrases

  • @fcastellanosr
    @fcastellanosr ปีที่แล้ว +1

    Hello, thank you. I have a Ledger X with a 25th word. However, I don't feel secure in situations like Ledger recovery, etc. Can I manually create my wallet with dice and add my 25th word using dice, and enable it on the Trezor Safe 3? Without having to manually add the word each time I access it? In other words, can that be my primary with the #25 phrase?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      I don't quite understand the question, but the Trezor Safe 3 fully supports BIP39 passphrase (sometimes also called a 25th word)

    • @fcastellanosr
      @fcastellanosr ปีที่แล้ว

      @@CryptoGuide Trezor 3 supports the 24 words plus eff word list as passphrase?(25th) And aditional to it and another passphrase anytime I open it as u show in the video? Sorry english not my first language.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      Trezor Safe 3 supports that as passphrase, you enter it in Trezor suite on the screen where it asks you to select between standard wallet and hidden wallet

    • @fcastellanosr
      @fcastellanosr ปีที่แล้ว

      Okay, let's say I want to migrate my Ledger wallet (24 words) with its passphrase to a new Trezor Safe 3 as a standard wallet (not a hidden one). Afterward, I want to use an additional passphrase with the hidden wallet function. ?

    • @fcastellanosr
      @fcastellanosr ปีที่แล้ว

      Is This Posible?

  • @alexanderjarabik1685
    @alexanderjarabik1685 7 หลายเดือนก่อน

    is there any option to select 24 words in the device when you choose that how many words want you add?

    • @CryptoGuide
      @CryptoGuide  7 หลายเดือนก่อน +1

      The only way to initialise it with a 24 word seed is to start the setup process via the command line or to use Electrum.

  • @martinlutherkingjr.5582
    @martinlutherkingjr.5582 9 หลายเดือนก่อน

    Does u2f work with the Trezor safe 3 on iCloud? Model T gives an error, heard Trezor One works but not sure about Trezor Safe 3? Something about how Apple implemented their iCloud security key support.

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน

      I haven't tried, but the Safe3 has the generally the same compatibility as the Trezor T

    • @martinlutherkingjr.5582
      @martinlutherkingjr.5582 9 หลายเดือนก่อน +1

      ⁠@@CryptoGuidePretty unfortunate that Trezor didn’t just make a model-T with secure element instead of the annoying buttons on trezor one. The touch screen saves so much time.

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      Depends on your preferences I guess :)

  • @Fernando-zo1xm
    @Fernando-zo1xm ปีที่แล้ว

    Thanks for the video. How you add another coins ? because there were only few you could add as I understand

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Trezor suite only supports the ones listed. For things like ERC20 tokens, you just send it to your Eth address. For things like Montero, you need to use additional software with your Trezor instead of just Trezor suite.

  • @rohanhoare5896
    @rohanhoare5896 8 หลายเดือนก่อน

    Does the Trezor S3 show BTC legacy account and the Segwit account?

  • @C0LiDe
    @C0LiDe 11 หลายเดือนก่อน

    What do you think about Foundation Passport? Can you trust the secure element?

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      It's a great option. Both devices use a very simple, fixed function SE, within a larger stack of Open Source software. (Which has deterministic builds)

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      Did a video about the passport here: th-cam.com/video/n9EPXCJWTB0/w-d-xo.html

  • @JonathanCr0ss
    @JonathanCr0ss 10 หลายเดือนก่อน

    Entering a long, secure BIP39 passphrase looks like it would be very painful compared to the Model "T". No?

    • @CryptoGuide
      @CryptoGuide  10 หลายเดือนก่อน

      It's really not that bad, it's basically the same as the Ledger Nano devices have been doing it for years.

  • @antoniocouto7092
    @antoniocouto7092 5 หลายเดือนก่อน

    Great video, very quick and informative, personally I think passphrase is overkill to me, but is a great idea

    • @CryptoGuide
      @CryptoGuide  5 หลายเดือนก่อน +1

      Yea, it's certainly an advanced feature, though the updated SLIP39 multi-share backup can now give you the same later of protection for backups without the complexity of a passphrase.

  • @吴森森-z5t
    @吴森森-z5t 6 หลายเดือนก่อน

    the secure element in safe3 model is open-source ?

    • @CryptoGuide
      @CryptoGuide  6 หลายเดือนก่อน

      No, but it's a commodity part, so Trezor can use it without being under NDA.

  • @upsirius
    @upsirius 11 หลายเดือนก่อน

    Hi!
    My Trezor safe 3 arrived today. However, the thing is that I have an iphone 13 and the cable that came with the Trezor has USB C on both sides.
    Am I right in thinking that I need a converter?

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      Trezor devices (or any hardware wallet connecting via USB) isn't supported on iPhone or iPad.

    • @upsirius
      @upsirius 11 หลายเดือนก่อน

      @@CryptoGuide ok thx

    • @CryptoGuide
      @CryptoGuide  10 หลายเดือนก่อน

      Best of luck

  • @mandandamandilyus6583
    @mandandamandilyus6583 ปีที่แล้ว

    Hello, I am disturbing you again to ask a few questions. Have Nano Ledger S devices ever used BIP32 technology in 2018? If they used it, is it possible to find a derivation path with the address?
    Does BTCrecover pay attention to the derivation path or BIP32 when analyzing and scanning?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Ledger devices have always used standard BIP39/44 derivation. BTCRecover checks all default derivation paths that Ledger used for BTC and Eth by default.

  • @mhma1976
    @mhma1976 ปีที่แล้ว

    if youre btc only would you use this(trezor 3 w/btc only firmware), or blockstream jade? thanks.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +2

      The first thing I will say is that both are great devices and depending in where you live, there may be a significant difference in terms of price and availability...
      That said, it will come down to how you want to use it... Basically if you are someone who wants to run it with an iPhone, do Multisig or run Statelessly, then Jade will be your best bet. (Jade also still lets you use it as a TOTP authenticator)
      If you are someone who is happy to use a PC/Android and would prefer to have a fully standalone device that doesn't need something like a pin-server, (So can be used with a PC/phone to sign transactions without an internet connection) then the Trezor Safe 3 is likely a better bet. (Or if you just like Trezor Suite more) The Safe3 can still do multisig, but doesn't actually save the multisig wallet to the device in the same way that a Jade does.

  • @hanionline563
    @hanionline563 หลายเดือนก่อน

    most of desktops doesnt have USB-C port how to link it with my PC ??

    • @CryptoGuide
      @CryptoGuide  หลายเดือนก่อน

      Any usbc to normal usb cable or adapter will work fine

  • @rufuspipemos
    @rufuspipemos 8 หลายเดือนก่อน

    Doesn't connecting this to the internet for the suite download and firmware download defeat the entire purpose? What is to stop a virus on a computer or keylogger or a virus on the suite from stealing the seed phrase and pin, etc?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน +1

      No. The process private keys remain on the Trezor itself and it also shows so transactions on its own screen for confirmation before signing then.

    • @rufuspipemos
      @rufuspipemos 8 หลายเดือนก่อน

      @@CryptoGuide , thanks!

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      No worries

  • @DrhYouness
    @DrhYouness 6 หลายเดือนก่อน

    now I have both Ledger and Trezor. Is it okay if I install Ledger Live and Trezor Suite programs on the same computer? Will there be any conflict or errors?

    • @CryptoGuide
      @CryptoGuide  6 หลายเดือนก่อน

      They coexist just fine on the same PC, you can even have both Ledger and Trezor devices connected and in use with their respective software at the same time. (So can send from Ledger to Trezor, with the same PC)

    • @DrhYouness
      @DrhYouness 6 หลายเดือนก่อน

      @@CryptoGuide Thanks just one more question if i choose the passphrase option that means even if my 12 words compromised they will always need the 13 word to transfert the funds right ?

    • @CryptoGuide
      @CryptoGuide  6 หลายเดือนก่อน

      If you enable a BIP39 passphrase then it's functionality part of your seed, so you need to enter it to be able to access the funds whether someone has the seed words or the Trezor+PIN

  • @vicpurll884
    @vicpurll884 11 หลายเดือนก่อน

    I cannot load the firmware onto the
    two new trezor 3's i recently purchased. Will only load to 90% and then error says "device detected in incorrect state".
    Support said try factory reset but Menu will not load. Have also changed out connection cord but no change. Help greatly appreciated.

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      That's odd, have you tried on a different PC/phone?

  • @Mantas-cl3zy
    @Mantas-cl3zy หลายเดือนก่อน

    Is it possible to go back to universal firmware (all coins) from bitcoin only firmware on Trezor safe 3? I am having difficulty to do that, or I don't know how to do that. Thank you brother.

    • @CryptoGuide
      @CryptoGuide  หลายเดือนก่อน

      Yes you can move freely between the universal and Bitcoin firmware with the Trezor devices. You just need to go into settings -> device -> firmware

    • @Mantas-cl3zy
      @Mantas-cl3zy หลายเดือนก่อน

      @@CryptoGuide Hi, what really worked, was holding both buttons when plugging into pc, that turned on boatload menu and let me do a factory reset and on it, it was a universal version, it worked like peanut, found it on your comments :( Thank you

    • @CryptoGuide
      @CryptoGuide  หลายเดือนก่อน

      Good job getting it sorted

  • @inv3st_eth839
    @inv3st_eth839 5 หลายเดือนก่อน

    Sir so this trezor safe 3 has new hardware security chip, which was absent on previous trezor devices , right?
    And this device is the same as safe 5 in terms of security?

    • @CryptoGuide
      @CryptoGuide  5 หลายเดือนก่อน +1

      That's right, both the Safe3 and Safe5 have an Optiga Trust M secure element. The Safe5 also has a newer MCU with some additional features, but ultimately the security should be about the same due to the Optiga SE.

    • @inv3st_eth839
      @inv3st_eth839 5 หลายเดือนก่อน

      @@CryptoGuide great thanks very very much. One more little question if i dare to ask.... can i create evm wllet on safe 3 with 24 words recovery phrases? Or 12 is max

    • @CryptoGuide
      @CryptoGuide  5 หลายเดือนก่อน +1

      Both allow 24 now though Trezor suite

    • @inv3st_eth839
      @inv3st_eth839 5 หลายเดือนก่อน

      @@CryptoGuide thanks very much! You are the best

    • @CryptoGuide
      @CryptoGuide  5 หลายเดือนก่อน +1

      No worries

  • @jimbo1480
    @jimbo1480 11 หลายเดือนก่อน

    Hi, do you initially need to set up trezor using a laptop?
    I just got my trezor and been trying to set up via my android but my trezor won't connect.

    • @CryptoGuide
      @CryptoGuide  10 หลายเดือนก่อน +1

      I just checked and you can install the firmware over android no problem. Which browser are you using?

    • @jimbo1480
      @jimbo1480 10 หลายเดือนก่อน

      @CryptoGuide hi thanks for checking much appreciated. I use Google chrome browser.

    • @CryptoGuide
      @CryptoGuide  10 หลายเดือนก่อน

      Basically one thing that can mess it up is that when you plug in in, Android can prompt whether another app will handle the device, if you say yes, then it won't be available to the browser.

  • @pythone.g.account5355
    @pythone.g.account5355 ปีที่แล้ว

    nice overview - thanks! Wonder why they got rid of pin entry by clicking on dots on the pc. That's a very convenient feature.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      It's actually simpler to have it all happen on-device in terms of both security and drivers. The thing that you will notice with the Trezor T and the Safe 3 is that your PC doesn't even detect it at all until *after* you have entered the correct PIN. It's also far simpler for developers not to add Trezor support to their wallet/app if they don't also have to worry about implementing the UI for pin entry.

    • @mhma1976
      @mhma1976 ปีที่แล้ว

      what do they have now?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +2

      The Safe 3 does it all on device now, it's basically the same UX as with a Ledger Nano

    • @pythone.g.account5355
      @pythone.g.account5355 ปีที่แล้ว

      Does trezorctl still work with the S3 e.g. do a seed check?@@CryptoGuide

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      TrezorCTL works just the same as with other devices :)

  • @jpp59
    @jpp59 ปีที่แล้ว +1

    Do you think it is easy to port it to pitrezor?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      It would certainly be very do-able, as you could re-use much of the code for the Trezor One, but not something I have the time to give to right now. :)

    • @jpp59
      @jpp59 ปีที่แล้ว

      Imagine now pitrezor and satochip/java card for the secure element part of the safe3 :-) just kidding...

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      I did already think of that and it would actually be very possible, it would just require a bit more work on the Trezor side in terms of how the emulator store the wallet data.

  • @jpp59
    @jpp59 ปีที่แล้ว +1

    Great review! Like the one I think we can setup it without connecting to any trezor server ? (Firmware upload with cmdline tool and electrum to load the seed)

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Yes you can :)

    • @C0LiDe
      @C0LiDe ปีที่แล้ว

      Could you show us how it works?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      As in how to do it? (Set it up from scratch on a totally offline system)

  • @samueladams584
    @samueladams584 8 หลายเดือนก่อน

    Are you suggesting people use a passphrase for extra security ? I know everyone's situation is different but it seems that if you use a passphrase and keep that passphrase in a separate secure location while memorizing it, that it would provide extra security.

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน +1

      A passphrase can add a layer of security to your backups, but also adds extra complexity, so needs to be included in your backups too.

  • @hd9g
    @hd9g ปีที่แล้ว +1

    I enjoyed this comprehensive review.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Thanks, glad it helped

  • @adamkhan2646
    @adamkhan2646 9 หลายเดือนก่อน

    I really need some advice I’ve had a ledger for the last 6 years but want to change it because of the updates. I’m stuck between a few wallets if I could have your opinion please would be much appreciated:
    Trezor safe 3
    Cypherrock
    Tangem
    Ngrave
    Cold card
    I’m looking to buy two

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน +1

      The Trezor Safe 3 is the closest type of device o what you currently have in the Ledger. Tangem is a blind signer, so is only really suitable for smaller amounts. (Especially if you use it in seed mode which makes the seed hot) Ngrave is massively overpriced for what it is. Cypherrock has a unique backup system which is qutie clever and ColdCard is only really suitable for advanced users.
      Honestly it will mainly come down to what you are looking to store and what device you intend to use to interface with it. (So PC, phone, etc)

    • @adamkhan2646
      @adamkhan2646 9 หลายเดือนก่อน

      @@CryptoGuide 100% agree with the ngrave as much as I think it’s technically very far ahead it’s still too much for what it is. But I have 60% BTC with some alts like Ada COTI xrp and obviously ETH. I do use my mac but as I’m out and about my phone is always with me

    • @adamkhan2646
      @adamkhan2646 9 หลายเดือนก่อน

      @@CryptoGuide also I think I come down to three. The trezor, cypherock and BC Vault

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน

      I don't actually think ngrave is far ahead at all, just overpriced but very basic. Bcvault doesn't follow standards either...

    • @adamkhan2646
      @adamkhan2646 9 หลายเดือนก่อน

      @@CryptoGuide so would you say Trezor and cypherock would be the best for myself

  • @tpks2542
    @tpks2542 8 หลายเดือนก่อน

    I have a sincere question. I am concerned about the security difference of a 12 vs 24 word seed phrase. Is a 12 word seed phrase enough, or is it greatly more secure to use a 24 word seed phrase? I can see a programmer cracking a 12 word phrase via brute force much easier than a 24 word phrase just by iterating all possible combinations. This does concern me, should I use a 24 word phrase as a result of this concern?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      The difference between 12 and 24 isn't really one of security, but rather one of safety. A 24 word seed has a much stronger checksum than a 12 word seed. (So is far more likely to key you know if you have a typo in your seed)

    • @tpks2542
      @tpks2542 8 หลายเดือนก่อน

      @@CryptoGuide Thank you for responding, now in terms of a computer program that is trying to guess random seed phrases, wouldn't the 24 word seed phrase safeguard against this exponentially more so than the 12 word seed phrase? That's my biggest concern is people just running programs to guess random seed phrases until they crack one which can be ours.

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      24 is exponentially more secure that 12 words (that's an understatement) but if you are worried about someone brute forcing all 12 words, just download BTCRecover and play around with deleting words from a test seed... You will soon appreciate that 12 is enough on that front. ;)

    • @tpks2542
      @tpks2542 8 หลายเดือนก่อน

      @@CryptoGuide Thank you I appreciate your time in responding and helping strengthen my understanding. I have a further question, would you highly recommend adding a passphrase for additional security? For example, would my worry of brute force be eliminated if I implement a strong pass phrase (perhaps using a short/long dice word list combo of 5+ words)

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      Adding a passphrase is mostly about adding an extra layer of security to your backups, not making the seed itself more secure in a meaningful way.

  • @GK-ny5ls
    @GK-ny5ls 11 หลายเดือนก่อน

    Sir which one i buy d'ceant wallet or trezor safe 3 ? replay me

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      Firstly, I don't know why anyone would buy the dcent instead of a Ledger. Secondly, if the Trezor supports the coins you want and you don't want Bluetooth or to use it with an iPhone, the Safe3 is a great option.

  • @tpks2542
    @tpks2542 8 หลายเดือนก่อน

    Hey Crypto Guide, by any chance do you have any videos on how to use the trezorctl command interface? I would like to learn how to initialize a device with a 24 word seed versus a 12 word seed. Thank you!

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      The simplest way is to just use Electrum, as it allows you to do the same thing

    • @tpks2542
      @tpks2542 8 หลายเดือนก่อน

      @@CryptoGuide Thank you for responding. Does using Electrum expose your seeds at all, I guess I'm really asking how safe would you consider Electrum (third party client)?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      No it doesn't. Using a third party client can actually be better than using the vendor supplied one in terms of trust ;)

    • @tpks2542
      @tpks2542 8 หลายเดือนก่อน

      @@CryptoGuide Thank you for responding, what's your thoughts on trusting the servers that run with the Electrum clients? For example, would you use a VPN, or rather, would you simply run your own server in conjunction to running the client?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      Ultimately it depends on who you want to try and be private from. One of the challenges with hardware wallets is if you do stuff like buy it through a vendors webstore, use it with their software, etc, they have a lot more information about you than just an IP address. (Never mind that for closed source hardware wallets, closed source vendor supplied software may also have the ability to make use of "undocumented features" in the closed hardware...)
      Running your own server is certainly a great way to boost your privacy and also give you confidence that the balance you are seeing is correct :)

  • @beeteecee
    @beeteecee 10 หลายเดือนก่อน

    Thanks 🙏 just subscribed
    1. Is Trezor random number generator safe to use?
    2. Is 12 word seed safe enough?

    • @CryptoGuide
      @CryptoGuide  10 หลายเดือนก่อน +1

      The RNG process on Trezor is fine. My main issue with 12 word seeds is a poor checksum, made worse by the Trezor not confirming all 12 words at setup.
      Basically you just need to do a full recovery check, then you will be good to go :)

  • @LloydCapital
    @LloydCapital 8 หลายเดือนก่อน

    Really helpful demo @cryptoguide, thanks! About the "check backup," is this step solely to ensure that you've properly recorded your seed phrase, or is there any aspect of this step that helps protect against outside tampering or attack? In other words, is it simply to protect yourself from yourself?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน +1

      Check backup is solely to protect yourself from yourself. (And is especially useful any time you make a copy of your seed)

  • @PandaFPV
    @PandaFPV ปีที่แล้ว

    They don’t have an option for 24 seed words?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      You can but you will need to initialize it with either the TrezorCTL command line tool or with a wallet like Electrum

  • @Gerald1062
    @Gerald1062 ปีที่แล้ว

    Hello, not sure how to contact you. I'm having an issue with my ColdCard MK4. I think the masterfinger print was changed and now I can't sign any transactions. I'm afraid to use the Replace button on sparrow cause I don't know what will happen. Any help or advice would be appreciated. Thanks

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      The first thing you should do is make a backup of the Sparrow wallet, as this will make it easier for recovery later if need be.
      Were you previously able to send funds with the wallet+Coldcard?
      If you want paid private support, you can request it here cryptoguide.tips/recovery-services-consultations/

  • @JohnSmith-zl8rz
    @JohnSmith-zl8rz 11 หลายเดือนก่อน

    I can do the setup connected to internet or offline? it doesn't matter?

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      It doesn't matter, but if you want to do it offline, it will need to happen via TrezorCTL (with you pre-downloading the firmware file)

    • @JohnSmith-zl8rz
      @JohnSmith-zl8rz 11 หลายเดือนก่อน

      @@CryptoGuide good! thank you, make sense!

    • @JohnSmith-zl8rz
      @JohnSmith-zl8rz 11 หลายเดือนก่อน

      @@CryptoGuide Actually I do the firmware part online with the trezor suite, later go offline and do the rest (new wallet etc), it works. So I think all that part of create the new seed is direct on the device, not need internet.

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      That's right, initialisation with a seed happens completely offline :)

  • @mandandamandilyus6583
    @mandandamandilyus6583 ปีที่แล้ว +1

    Hello, I watched almost all your videos. My lost hopes grew again. In short, my problem is this, unfortunately, my father forgot to delete his account registered in Live while resetting his Nano Ledger, so he sent his balance to the wrong account and address. This incident happened 5 years ago and I was still very young. I've been trying to open the wallet for 5 days but I couldn't succeed. I can't sleep at night. Unfortunately, as soon as he lost access to his account, he created different new words many times, leaving me in a very difficult situation. I can't even identify which word page is correct and I have too many words. What path do you think I should follow? Can I make it somehow?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      If you still have all of the lists of seeds and he main transactions on major chains (BTC/Eth) then it should be straightforward to identify the right one and recover the funds.

    • @mandandamandilyus6583
      @mandandamandilyus6583 ปีที่แล้ว

      @@CryptoGuide This is where the real trouble begins. I have word papers, but the situation has become complicated because so many people are involved in this. First, I checked them one by one using Ian Colemen, but I could not find the correct wallet address. After that, I tried again, thinking that the only password I had and that I didn't know was the BIP39 password, but it still didn't work. So I changed my approach and decided to use BTCrecover, hoping that a word or two was misspelled or misplaced. But even now the situation is hopeless. Tomorrow I will try your extra word video by putting all the words together, I don't want to give up.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      If you are totally stuck you can request a paid private session. They are $100 USD for an hour over zoom/Skype. (Full details, terms and request form are here: cryptoguide.tips/recovery-services-consultations/)
      If you want to use our paid services (either private session or trusted recovery), you can fill out the form here and we can find a time forms.office.com/r/KEypP0FRvN

    • @mandandamandilyus6583
      @mandandamandilyus6583 ปีที่แล้ว

      @@CryptoGuide I truly see you as a god... I am a university student and I do not have a regular income. Also, the dollar is very expensive in my country. Also, I'm not even sure if the words I have are the right ones. But I was very happy that there was always someone who could help me. My plan is as follows, while I am working on my computer, I will search for all the physical words I can reach, and if I fail and feel hopeless, I will take refuge in you. I'm grateful for your help.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Basically you should just use address databases for the coin/chain and see if you can either find the correct one or at least rule out some of them.

  • @fantabarack
    @fantabarack 11 หลายเดือนก่อน

    Hey! Trezor Safe 3 or Bitbox02? Honest pick would be cool! Let me know! (My idea is getting both, btc only and trezor for multicoin, but I'm curious your 2 cents!)

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      They are both basically the same, but the Trezor Safe 3 is much cheaper ;)
      That said, if you are intending to do multisig, the Bitbox02 is superior, as it allows you to have the multisig wallet to the device itself. (Trezor doesn't support this)

    • @fantabarack
      @fantabarack 11 หลายเดือนก่อน

      @@CryptoGuide But you mentioned that somewhere below you don't use trezor due to security reason. and bitbox is way above on your list. :) Or Safe 3 is way better than the previous trezor?

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      Trezor 3 is a large improvement over all previous Trezor models as it has a secure element. (Just like the Bitbox02)

    • @fantabarack
      @fantabarack 11 หลายเดือนก่อน

      @@CryptoGuide Thanks. If you want, please delete this comment, just curious what do you think about coinjoin: th-cam.com/video/zp012aP0ZFA/w-d-xo.html
      I pulled the trigger on bitbox02, but I really like the UI and physical buttons on trezor safe 3, but this video... WDYT?

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      Coinjoin can be a useful tool that can make it difficult for chainalysis folks, though there are a few different schools of thought as to how it should best be done. The main takeway is that it isn't a silver bullet for privacy and if you use it, you will need to maintain ongoing discipline with how you manage your UTXOs to preserve the privacy that was gained through some coinjoins.

  • @canismajoris4168
    @canismajoris4168 ปีที่แล้ว

    Isn't it dodgy setting up your seed phrase while connected to the pc

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      No, this is exactly what hardware wallets are designed to allow you to do securely.

  • @donb3026
    @donb3026 9 หลายเดือนก่อน

    Does Tresor actually have a customer service telephone number? I have never seen it anywhere

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน

      No they don't

    • @donb3026
      @donb3026 9 หลายเดือนก่อน

      Ty. Do you have any personal experience with the responsiveness to however they handle customer communications?

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน

      Almost all vendors are very slow over their normal support channels when the market is pumping like it has for the last few weeks. They are quite responsive on their forums and Reddit.

  • @matejhustak8066
    @matejhustak8066 ปีที่แล้ว

    Hello is it possible recover ledger if i have full seed but it not working?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      It depends on what's wrong with your seed but it's generally a trivial recovery if it's just a typo or something.

    • @matejhustak8066
      @matejhustak8066 ปีที่แล้ว

      @@CryptoGuideit must be trivial because its from leder so when i set it i need confirm on ledger if the seed is correc so what to do use btc recover?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      It depends on when you set the Ledger up as it didn't always verify the seed prior to around 2018/2019.
      Just follow the video on basic seed recovery and it will likey find it in a few seconds.

  • @zainsyed9811
    @zainsyed9811 8 หลายเดือนก่อน

    Great tutorial. Isnt it unsafe to be showing your seed phrases though? Arent they meant to be kept confidential?

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน +1

      Thanks. Yes it's obviously unsafe to share your seed phrase. All of the seeds that I use in public videos are just for testing and have all funds removed before the video is published. (And are never used to store actual funds)

  • @Trevor-z7b
    @Trevor-z7b 9 หลายเดือนก่อน

    Would you review Trezor Keep Metal?

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน

      A few folk have asked for it. It certainly looks like a solid option, particularly given that it is a stamped option which still uses the normal BIP39 words (As opposed to numbers)
      That said, $100 USD for something that is limited to a single 12 word seed is a bit steep.

  • @ReneJrgensen-nm5ip
    @ReneJrgensen-nm5ip ปีที่แล้ว

    Hey i lost one Word of my 12 seed phrase! Is there a way to find it ?

    • @duchoilievski9224
      @duchoilievski9224 ปีที่แล้ว

      No

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +2

      Yes, a single missing word is a trivial recovery with BTCRecover.

    • @ReneJrgensen-nm5ip
      @ReneJrgensen-nm5ip ปีที่แล้ว

      Do you have af video on that ? And ty for fast replay 😀

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      Basically just my video on basic seed recovery with BTCRecover. If you have an address associated with the seed from a coin/chain that BTCRecover supports, it will find a single missing word in a couple of minutes.

    • @ReneJrgensen-nm5ip
      @ReneJrgensen-nm5ip ปีที่แล้ว

      I have xrp adresse i have on Wallet is that what you meen ? 😀

  • @opaitaon5230
    @opaitaon5230 ปีที่แล้ว

    does the trezor safe 3 work with a yubikey, using the yubikey nfc as a 2fa?
    seems great want to buy one, grest review mate!

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      No, that's not what I was demonstrating. Basically the Trezor can be used as a hardware 2FA token in the same was that you would use a Yubikey. (Not with a Yubikey)

    • @opaitaon5230
      @opaitaon5230 ปีที่แล้ว

      @@CryptoGuide ah same as ledger, not very usefull due to safety of tokens, at least for me. would be great if it worked with a yubikey for extra security.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      That's right, it's similar to what Ledger offers.
      A Yubikey doesn't add any security to a hardware wallet on its own. If you want that kind of thing you could use something like Blockstream green multisig vault.

    • @opaitaon5230
      @opaitaon5230 ปีที่แล้ว

      @@CryptoGuide thats like a paid service im guessing? or included on their hw wallets?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      No, it's free. Works with anything that works with blockstream green

  • @janko4079
    @janko4079 ปีที่แล้ว

    I don't see xrp in Trezor Suite Lite app for android.

    • @PandaFPV
      @PandaFPV ปีที่แล้ว

      Because no one wants a banker coin made for bankers that has the ability to freeze accounts.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      That's right, it doesn't seem to be there.

  • @vickyverona90
    @vickyverona90 8 หลายเดือนก่อน

    How can i store shiba on Trezor safe 3

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน

      You just send it to the eth address

  • @henryogbonnaya3575
    @henryogbonnaya3575 ปีที่แล้ว

    I just bought Trezor Safe 3 and was trying to set it up but I'm unable to download Trezor suite app on my laptop and i tried using the web but it couldn't connect
    What else should I do?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      So can you load the Trezor website at all?

    • @henryogbonnaya3575
      @henryogbonnaya3575 ปีที่แล้ว

      @@CryptoGuide Yes sir

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Have you tried the Trezor Suite Web Wallet

    • @henryogbonnaya3575
      @henryogbonnaya3575 ปีที่แล้ว

      @@CryptoGuide Yes sir. Though the cable didn't match my laptop, I used another cable that matches it, USB 3.0 to type C

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      And what happened?

  • @vickyverona90
    @vickyverona90 8 หลายเดือนก่อน

    How can i send meme coin for example ( bonk, shiba inu, pepe, meme ) to Trezor safe 3. Or where can i find this coin in trezor safe 3 . some one can explain me please.

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน +1

      You just send it to the Ethereum address

    • @vickyverona90
      @vickyverona90 8 หลายเดือนก่อน

      @@CryptoGuide That's mean first i have to convert shiba to ETH and then send to ETH in to the Trezor safe 3. Right
      In the Trezor (ETH convert to Shiba ? )

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน +1

      No, you just send the Shiba ERC20 token to the Ethereum address.

  • @chain_wizard
    @chain_wizard ปีที่แล้ว

    There was a ledger issue with a hacker. Is it safe to connect a ledger with a 3rd party wallet? 🤔

    • @bobwreck3775
      @bobwreck3775 ปีที่แล้ว

      To be honest that is always risky no matter what wallet. If you want to connect a wallet make sure its a different wallet with just a little bit of funds and not your full stash

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Third party wallets are actually not the issue here, but rather browser based ones generally and blind signing specifically. (If you weren't blind signing then you could still catch the tampered transaction)

    • @chain_wizard
      @chain_wizard ปีที่แล้ว

      @@CryptoGuidedo u trust rabby, okex or metamask web3 wallets? which one u prefer?

    • @chain_wizard
      @chain_wizard ปีที่แล้ว

      @@CryptoGuideand do u think its safe to connect a hardware wallet on rabby etc?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      If you are blind signing Defi transactions then it doesn't matter what software you are using.

  • @mrvincefox
    @mrvincefox ปีที่แล้ว

    Hooray. Finally a video without that silly flute music. Keep it up

  • @DrhYouness
    @DrhYouness 6 หลายเดือนก่อน

    Does Trezor safe 3 support USDT TRC20 ?

    • @CryptoGuide
      @CryptoGuide  6 หลายเดือนก่อน

      Safe 3 doesn't support Tron, so no TRC20

  • @allthingsfun2843
    @allthingsfun2843 11 หลายเดือนก่อน

    Hi grateful for the video followed all the steps. But I'm stuck on using it on Exodus could you please do a video showing us how to use it on Exodus please 🙏

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน +1

      Exodus is still working on Safe3 support.

  • @magicinternetmoney8715
    @magicinternetmoney8715 11 หลายเดือนก่อน

    Do you trust trezor with your own coins? Personally, i find putting your coins into a wallet where you don't have full control of the manufacturing process for is reckless but maybe i am misguided? Like why own a safe 3 when you can just own a seedsigner that you make yourself? With the safe 3 you can never be sure that the device isn't somehow uploading your keys over Wi-Fi or something. And honestly even running the device on anything other than stateless mode seems like a terrible mistake to me.
    Wbat are your thoughts on my questions above?

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      Well to start off the answer is yes.
      The main thing that the Safe 3 gives you is physical security, for which the Seedsigner has zero. (The safe 3 much moreso than previous Trezor devices too) It's also FOSS with deterministic builds, so while the Safe3 in particular is harder to DIY than the Trezor One, it's still very trustless. (And stateless operation creates as many problems as it solves, if not more)
      For most people, a retail device like this is going to be safer overall than something DIY like Jade, Seedsigner, Krux or Satochip.
      That said, there is a reason why I make a lot of content about how to do DIY options, as I do think it forms an important part of the self custody ecosystem.

  • @Massimo_natanni
    @Massimo_natanni 9 หลายเดือนก่อน

    Can you make a video how to wipe your Tresor safe 3? Great video!

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน +1

      You just connect it with both buttons held down and that will put it into bootloader mode. From there you can select to do a factory reset.

    • @Massimo_natanni
      @Massimo_natanni 9 หลายเดือนก่อน

      Thanks bro

    • @CryptoGuide
      @CryptoGuide  9 หลายเดือนก่อน +1

      No worries

  • @goodlifebdg
    @goodlifebdg 9 หลายเดือนก่อน

    Requesting review of foundation hardware wallet 🙏

    • @CryptoGuide
      @CryptoGuide  8 หลายเดือนก่อน +1

      I just ordered one

  • @ardissaps
    @ardissaps 11 หลายเดือนก่อน

    they should release bluetooth version, that would be super cool, or nfc

    • @CryptoGuide
      @CryptoGuide  11 หลายเดือนก่อน

      This was mostly just a 1:1 replacement for the Trezor one, but yea something Bluetooth would certainly make it usable for Apple folk on mobile.

  • @janko4079
    @janko4079 ปีที่แล้ว

    Trezor Safe 3 doesn't work with Exodus !!!

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      Yea the exodus team posted about this a few weeks back, should be fixed in their next update

  • @Wheelo40
    @Wheelo40 ปีที่แล้ว

    Great video thank you. This is all great for us crypto freaks but all of these devices are in a primitive state from a user interface perspective. For mass adoption of cold storage self custody, it needs to be boom, boom, boom and you are done. The unwashed masses are going to leave their crypto in hot wallets to avoid all the fuss. Once again not a critique of your great content. Keep up the good work.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      You aren't wrong, this is basically the same UX as the Ledger Nano S from 2017. Unfortunately all of the really simple options that exist today cut too many corners to be useful.
      We are still miles ahead of where we were years ago, but plenty of room to go yet...

  • @AshishThapa-hr2uy
    @AshishThapa-hr2uy ปีที่แล้ว

    Sir please help me i need your help i lost my metamask recovery phrase key

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      So do you have any of the words or a working backup of the wallet?

    • @AshishThapa-hr2uy
      @AshishThapa-hr2uy ปีที่แล้ว

      @@CryptoGuide no I don't that's why I need your help to recover metamask phrase key

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว

      If you don't have either of those then you have nothing and have caused an unrecoverable loss.
      I'm sorry for your loss.

  • @dominus1708
    @dominus1708 ปีที่แล้ว

    You should always use a passphrase, without a passphrase a $5 wranch attack and your funds are gone.

    • @jpp59
      @jpp59 ปีที่แล้ว +1

      Even with passphrase, they will use the wrench till you are unconscious and gave 2nd passphrase, 3rd passphrase... And so on.

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +1

      I'm not actually convinced that a passphrase provides real protection in that instance and that something that bricks the physical wallet is a better approach. (Or better yet, having a setup so that you can't actually make a transaction like that without visiting a second location or at least somewhere that isn't your home...)

    • @formetoknow540
      @formetoknow540 ปีที่แล้ว

      Multi sig set up with different keys in different locations

    • @chain_wizard
      @chain_wizard ปีที่แล้ว

      ​@CryptoGuide but a passphrase could protect someone even if his 24 word seed got into someone's hands. He won't be able to know that there is a hidden wallet, especially if the 24 word wallet is empty. Right?

    • @CryptoGuide
      @CryptoGuide  ปีที่แล้ว +2

      It depends, as folk will often have their wallet data saved (even if watch only) on their desktop or phone. (Or may have shared information that means that the person knows roughly how much they are looking for...)