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Should I Update the Firmware on My Hardware Wallet? Cryptocurrency Security Explained

Duration: 02:15Views: 22.7KLikes: 1.6KDate Created: Jan, 2022

Channel: aantonop

Category: Science & Technology

Tags: andreas m antonopoulosandreas antonopoulos bitcoinbitcoin securitycrypto securitycryptocurrency securityopen blockchain technologyhardware wallet firmware updatebitcoin technology educationopen blockchain educationandreas antonopoulosandreas antonopoulos cryptocurrencycryptohardware walletcryptocurrencybitcoin educationcryptocurrency educationfirmware updateandreas antonopoulos blockchainaantonopbitcoin technologybitcoin

Description: Your private key doesn't leave a hardware wallet, so why do you need to update the firmware? In this video, Andreas explains how firmware updates improve security. Chapters 0:00 The private key never leaves the hardware wallet. Why does it matter to update the device for security and safety? 0:21 The reason why you need a firmware update on your hardware wallet is because from time to time vulnerabilities are discovered. 01:51 Firmware updates is mostly to improve security. COMMENT below and let us know what you think of the video. Post your follow-up questions there too! SUBSCRIBE to this YouTube channel and select the bell šŸ”” for notifications: youtube.com/channel/UCJWC... JOIN this YouTube channel to become a YouTube Community Member and access custom emoji and other perks: youtube.com/channel/UCJWC... BECOME a Community Builder: patreon.com/aantonop LEARN from Andreas in one of his popular Workshops which will teach you practical crypto skills. Thereā€™s even a FREE Intro to Bitcoin & Open Blockchains to get you started. aantonop.io/takeaworkshop You can also learn from one of aantonop's many books. Andreas has written three technical books for developers about blockchain technology, Mastering Bitcoin, Mastering Ethereum, and Mastering the Lightning Network (2021) published by Oā€™Reilly Media. Heā€™s also written The Internet of Money Series books, which explain why bitcoin, ethereum, and open blockchains matter. About aantonop: Andreas isn't promoting a company or an organization; he's paid by the community (people who support this work on Patreon and YouTube) and provides an unbiased look at open blockchain technologies, what they can do for our societies, and how to get involved (if you decide you want to). Learn more at aantonop.com From Andreas: You may already know that my mission is to educate as many people as possible about #Bitcoin and open blockchain technologies. Watching these videos and sharing them with others is a big part of that. Thank you for being part of this mission. ***Learn More From Andreasā€™ Workshops, Books & Events** Amazon & Kindle: amazon.com/-/e/B00MVAG8Z8 Audible: audible.com/author/Andrea... E-books & Merch: aantonop.io/shop Patreon: patreon.com/aantonop Website: aantonop.com Workshops: aantonop.com/workshops ***Connect with Andreas on Socials*** Facebook: facebook.com/AndreasMAnto... Instagram: instagram.com/amantonop LinkedIn: linkedin.com/company/aant... Twitter: twitter.com/aantonop Thanks for watching, sharing, and subscribing!

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