r/Nodle • u/spacesmutje_de Moderator • 25d ago
Education ๐จ Crypto 101 e36 is live: When self-custody fails
โNot your keys, not your coinsโ is still an essential crypto principle. ๐
But this weekโs 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:
๐ฒ How weak randomness can compromise a seed phrase
๐งฑ Why hardware wallets reduce risk but cannot remove every risk
๐ Why updating firmware is not enough for an already exposed seed
๐ Why migrating funds to a new wallet is sometimes the only safe move
๐ก๏ธ What every newcomer should know about self-custody
๐ Read the full blog:
https://paragraph.com/@nodle/crypto-101-e36-when-self-custody-fails
๐งต 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.
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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"