How to store your Bitcoin (Crypto) safely and what the hack is a HD Wallet?
Details
The Block is happy to invite Daniel and Timon from BlockKeeper to talk about the cryptography involved when storing your bitcoins.
When it comes to storing crypto, it's all about public private key cryptography. But how does it work in a way, that a private key controls my crypto wealth? What is a private key anyway and how do wallets work?
We will have a brief look at the fundamentals of public private key cryptography to understand how a wallet works and how you can receive and send Bitcoins. Most of the wallets, especially hardware wallets like Trezor and Ledger are so called HD wallets. HD stands for Hierarchical Deterministic and we will have a look at how this works and how it helps you to easier back up your Bitcoin wallet.
Speakers:
Daniel: he is an early Bitcoin investor and crypto enthusiast with an entrepreneurial spirit. He is well experienced in building up new markets for tech startups, and loves selling products wich are great and useful. (LinkedIn: https://www.linkedin.com/in/danielwingen/
- Twitter: @danielwingen)
Timon: he is a high skilled online marketing expert and is respected as a thought leader in his space. A few years ago he found is passion for crypto currencies and Bitcoin and is levering is online marketing skills to the spread the word and educate.
(LinkedIn: https://www.linkedin.com/in/timonhartung/)
About BlockKeeper (https://blockkeeper.io/)
We are building a secure and private documentation layer for blockchain activities. BlockKeeper is a progressive web app, which leverages state of the art security standards by design. The architecture is designed in a way, that no one but the user himself can access and analyse his data - we build the app's backend into the web application by utilizing the web crypto API of modern web browsers. Our users have a secure environment to track their blockchain assets in real time on multiple blockchains without the need of opening or connecting their wallets. Additionally, the customer receives a portfolio overview of the assets he really owns/controls on the blockchain. And the best thing - it's open source!
