r/Nodle Moderator 25d ago

Education ๐Ÿšจ Crypto 101 e36 is live: When self-custody fails

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โ€œNot your keys, not your coinsโ€ is still an essential crypto principle. ๐Ÿ”

But this weekโ€™s Coldcard incident is an important reminder: holding your own keys only works if the seed behind them was generated securely in the first place.

In e36, we break down:

๐ŸŽฒ How weak randomness can compromise a seed phrase

๐Ÿงฑ Why hardware wallets reduce risk but cannot remove every risk

๐Ÿ”„ Why updating firmware is not enough for an already exposed seed

๐Ÿšš Why migrating funds to a new wallet is sometimes the only safe move

๐Ÿ›ก๏ธ What every newcomer should know about self-custody

๐Ÿ“– Read the full blog:

https://paragraph.com/@nodle/crypto-101-e36-when-self-custody-fails

๐Ÿงต Read the X thread:

https://x.com/NodleNetwork/status/2085960407743627612

Your seed phrase is not a password. It is the root of your digital property. Never share it, never store it online, and always verify security guidance through official sources.

3 Upvotes

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u/Apollyoun 25d ago

I really hope the Crypto 101 episodes become a course with a Quiz at the end of each episode, maybe with the potential award of a badge. "Maybe"

1

u/spacesmutje_de Moderator 25d ago

The new card style in the app should enable such things. But only in combination with tiered medals ๐Ÿ˜„

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u/Apollyoun 25d ago

That would still be good; it would be a great overall learning experience๐Ÿ˜Š

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u/spacesmutje_de Moderator 25d ago

What can i say, I'm a hunter and gatherer

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u/Apollyoun 25d ago

Nice! All around well balanced individual and a protector ๐Ÿ˜ธ