Bitcoin Wallets with Shinobi
In this interview, Peter McCormack, host of What Bitcoin Did podcast, talks with Shinobi, the host of Block Digest. They discuss the tradeoffs between different wallets, how wallets work, and how you should secure your bitcoin.
- 0:00 - Introduction
- 5:16 - What are hardware wallets?
- 9:12 - Paper wallets
- 13:03 - Mobile & desktop wallets
- 15:10 - Hot vs cold storage
- 19:38 - What is a seed phrase?
- 24:19 - How to secure a seed phrase
- 29:56 - Public & private keys.
- 34:39 - What does a wallet do?
- 41:46 - Sending transactions
- 46:35 - Choosing a hardware wallet
- 54:00 - The importance of physical security
- 55:57 - What is multisig?
- 1:02:06 - Storing seed words
The episode premiered on March 24, 2021.