BITCOIN DEVS PUSHING CRITICAL UPDATE!!! (Big L2 Proposal) Ledger Wallet Issues, Self-Custody

Curated Content by Dan - Coin Cerberus

May 17, 2023


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✅ SIGN UP FOR TELEGRAM NOTIFICATIONS: 00:00:00 Intro – Urgent upgrade coming to BTC to solve fee problem
00:00:27 Move innovation to L2. Lightning labs coming with off chain solution for Taproot assets
00:01:16 Inherent need, programmer explains
00:02:04 Ledger crypto wallet under fire over seed phrase recovery service, programmer explains
00:03:46 If you use centralized exchanges you will fully transvailed in the EU – MiCA. Self custody needed
00:05:24 Welcome to the chat
00:05:44 Coingecko market overview – flat with some gainers
00:06:15 Where is this market going and what role BTC plays in it.
00:07:00 Taproot Assets Protocol Connected to lightning is not really practical, programmer explains
00:09:00 Bullish on Taproot Assets Protocol, bearish on integration with lightning
00:09:47 Integration with MoralisMoney coming eventually. They require a DEX though. Difficult to trade without KYC
00:12:20 Self Custody on ETH / EVM systems. Two types of accounts explained
00:13:48 What you want ideally is a smart contract wallet like Gnosis – safe dot global demonstration
00:16:14 Try this out with your MetaMask. But remember it is NOT cross chain!
00:17:24 Next question is how to store your private keys to EOA?
00:18:42 Future is new gen wallets like Tangem – Tap a card to your phone. Keys stored on card
00:20:40 Different wallets explored
00:23:10 Q: Criticism on Ledger related to shamir backup?
00:24:13 Q: Update of Ledger to prevent being sued?
00:25:40 Q: If crypto assets are on a cold wallet and we stake are they secure?
00:26:30 Shamir backup revisited
00:27:43 About seed phrases and how to store them
00:28:54 Q: Passwords are not the future either?
00:29:17 It is like a pirate with a treasure map
00:30:04 Restoring my nano but it took two weeks to understand my handwriting
00:31:05 Q: What if you get into an accident and lose your memory of where you put your seed phrase?
00:32:35 About Gnosis apps and integrations
00:35:12 Q: Why not an option to create a memorable phrase? Brute force attack possible then
00:38:38 Q: Any Safe DAO videos?
00:38:56 Q: Could we just give the seed phrase to the IRS?
00:39:30 Q: Store seed phrase on Google cloud?
00:40:26 Q: Bitfinex hackers had no encryption?
00:42:14 Q: I thought it wasn't encrypted in the cloud?
00:42:57 Q: Use VeraCrypt to encrypt your seed phrase?
00:44:23 Live Solana Saga phone product test. Does not work super fantastic for 1K
00:47:08 I'd rather use iPhone with a card than Solana Saga with a seed phrase
00:50:04 How do you get a dApp into the dApp store in Solana Saga?
00:52:17 About Hex and the price of PLS explored
01:02:30 About the importance of a cult
01:04:06 Q: Pulsechain does not have any projects launched yet?
01:05:45 Q: Quickest way to buy pulse with fiat?
01:06:43 Q: What incentive to change pulse into some other pulse version?
01:07:45 Outro Twitter: **Disclaimer**
Please be advised that I own a diverse portfolio of cryptocurrency as I wish to remain transparent and impartial to the cryptocurrency community at all times, and therefore, the content of my media are intended FOR GENERAL INFORMATION PURPOSES not financial advice. The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Purchasing cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome. Past performance does not indicate future results. This information is what was found publicly on the internet. This is all my own opinion. All information is meant for public awareness and is public domain. Please take this information and do your own research. bitcoin, cryptocurrency, crypto, altcoin, altcoin daily, blockchain, decentralized, news, best investment, top altcoins, ethereum, tron, stellar, binance, cardano, litecoin, 2019, 2020, crash, bull run, bottom, crash, tether, bitfinex, rally, tone vays, ivan on tech, chico, video, youtube, macro, price, prediction, podcast, interview, trump, finance, stock, investment, halving, halvening, too late, when, fed, federal reserve, interest rates, rates, cut, economy, stock market, Good Morning Crypto Ivan on Tech by Ivan Liljeqvist Video Source

Crypto Currency Resources & Recommended Products

The following lists are tools and resources that I put together to help anyone that is interested in crypto get a head start. It can be quite daunting when you first get into cryptocurrencies. There is some much information out there and some much uncertainty.

Disclaimer This new crypto movement is an economic revolution. While it may be an exciting time to get started with crypto currencies, this digital gold rush has a plethora of bad information out there. The recommended products below are based on my own experience with my own personal use of these products.

Disclaimer: I am not a finical advisory. I do earn a small commission if you choose to purchase any of the recommended products below. Please make sure that you do your research before you purchase any Cryptocurrencies related products or services.


Crypto Currency Wallet & Coin Exchange

Coinbase is one of the worlds leading cryptocurrency wallets. It also gives people the option to purchase and trade digital currencies like that of Bitcoin, Bitcoin Cash, Ethereum Classic, Ethereum and Litecoin.

Coinbase popularity stems from its ease of entry and exit from the cryptocurrency world. It's pretty quick to get set up and start investing in digital currencies. Get $10 FREE Bitcoin {BTC} when you spend $100 with our referral link.

Click Here To Watch A Tutorial Guide On How To Use Coinbase

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Cryptocurrency Exchange

Binance is one of the worlds fastest growing cryptocurrency exchanges. Because of its trading volume and the number of altcoins it trades it will be one of the worlds biggest crypto exchanges in the world.

While Coinbase is still the easiest way to get into cryptocurrencies, Binance trades a lot more Altcoins compared to that of Coinbase. If you want to purchase Altcoins like Cardano ADA, Ripple XRP, Steller Lumens, TRON, Dash and Monero then Binance is your first port of call. 

In order to trade here, you must hold some cryptocurrencies first. So it's best to purchase some Ether or Litecoin from Coinbase and transfer it too Binance.

Click Here Watch A Tutorial Guide On How To Use Binance.



Cryptocurrency Hardware Wallets

One of the most popular Hardware Cryptocurrency wallets is that of

Ledger Nano S. The Ledger hardware wallet provides a secure offline solution for cryptocurrency traders to store their digital data. 

Commonly knowns private keys the Ledger hardware wallet gives users a multi cryptocurrency offline storage solution. Because of essential, these hardware wallets are similar to that of a USB key, it provides security by hosting the private keys offline making them difficult for hackers to access your cryptocurrencies.

It hosts some of the more common crypto coins but also some fewer know Altcoins Bitcoin Gold, Ark, Bitcoin, Bitcoin Cash, Digibyte, Dash Dogecoin and Ether.

Watch A Video Guide On How To Use The Ledger Nano S 


Digital Crypto Currency Wallet 

The Exodus Wallet is desktop cryptocurrency storage solution. It can be used with Mac and PC which has compatibility with a popular cryptocurrency exchange called Shapeshit. Which gives the user the ability to trade cryptocurrency with in the Exodus Wallet.  This feature alone makes the Exodus wallet a very popular choice with beginner crypto traders.

The interface is very intuitive making it very easy to understand and use for anyone that's starting out with investing in cryptocurrencies. The Exodus Wallet is one of the most popular lite wallets, even with a number of crypto storage assets, it doesn't require your system to download the complete blockchain.

While the Exodus Wallet is free to download and a very secure piece of software, please note that it does take between 1-3% fee with the exchange of cryptocurrencies. Click Here To Watch Walk Through Video On The Exodus Wallet.


Cryptocurrency Browser

The Brave Browser is just like most web browsers, it allows you to surf the web, find videos, websites and allows you to download content from the web. But with a few difference with it's set up compared to that of Google Chrome. It was set up by the same creators as that of Mozilla, basing their software on open source code similar to that of Google Chrome.

Brave has in built ad blocking technology to stop intrusive ads. It also integrates with the cryptocurrency Basic Attention Token {BAT} to pay users for their attention for displaying less intrusive ads.

Brave keeps 15% of the less intrusive ads, giving content publishers 55% per cent which is good for bloggers and vloggers, last but not lease even users of the Brave browser will receive 15% off the revenue. It also gives users the option to donate BAT to content creators or sites they love.

One of the striking features of the Brave Browsers is that it removes a ton of tracking pixels which cause websites to load slower. This gives you a much faster experience when visiting websites online


Altcoins, bitcoin, crypto news

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