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0 sats \ 6 replies \ @jk_14 27 Oct \ on: Questions about your cold wallets rotation bitcoin_beginners
move from legacy or standard segwit to taproot type of addresses
Taproot is not for cold wallet, but for "less amount" activites only.
Exposed public key is not good idea for cold wallet nowadays... Better safe than sorry, 100%
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21 sats \ 5 replies \ @DarthCoin OP 27 Oct
Please find my keys...
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0 sats \ 4 replies \ @jk_14 27 Oct
convince me it is better to have:
  • cold wallet with public key exposed
than
  • cold wallet without public key exposed
"Using your brain doesn't cost you nothing" ;)
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1 sat \ 3 replies \ @DarthCoin OP 27 Oct
both are anyways "exposed", are visible on the blockchain. So what't your point with "exposed" ? Or are you announcing publicly on nostr that you moved your wallets to new addresses ?
On the blockchain will appear as a regular transaction anyways, but nobody knows that is the same owner. You do not do a 1:1 amount moving, you do 1:many or many to many with random amounts.
These movements also could be very well used as decoys... "uuups I got hacked, somebody stole my old wallets".... but nobody knows the truth (that you send to yourself).
If your old seed get compromised, they will find only... 0 sats... "nice try fucker you spend a lot to get my old empty wallet".
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0 sats \ 2 replies \ @jk_14 27 Oct
"If secp256k1 will be broken, then:
  1. All Taproot addresses could be spend by key.
  2. All hash-based addresses could be spent, if the public key is revealed (so if a transaction is in mempool, or if there were previous transactions in past blocks). If the public key is unknown, then those coins will be unaffected."
https://bitcointalk.org/index.php?topic=5465000.0
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1 sat \ 1 reply \ @DarthCoin OP 27 Oct
If secp256k1 will be broken
"IF".... We will be fucked anyways. We are all gonna die.
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171 sats \ 0 replies \ @jk_14 27 Oct
we are all gonna die ...but I wanna die with no public key of my cold wallet exposed ;)
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