Where to store bitcoin: preparing for a subcutaneous microchip-purses

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2018-04-16 10:30:07

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Where to store bitcoin: preparing for a subcutaneous microchip-purses

The Dutchman Martin Wismeijer very careful in choosing where you store your bitcoins — so careful that in 2014 he introduced his two NFC chip in each hand to keep your encrypted Bitcoin keys. Wismayer cited several reasons for such a radical method of storing the crypt. For example, he had lost most of their bitcoins over many years due to break-ins, theft, and exchange errors.

"I can confidently say that more than 80 percent of the bitcoins I lost due to hacks, thefts, errors, exchanges, and other problems. If I put the chips in 2010, I'd be a rich man today."

However, Wismeijer also did it for the sake of experiment. He firmly believes that this method of storage will be the future of contactless payments.

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the Right way to store bitcoins

The implantation Procedure took place in the Studio of piercing, which he now recommends to anyone who wants to do the same. The chips are made of glass no bigger than a grain of rice, 2 to 12 mm. Wismayer said that the process was less painful than installing the catheter for IVS, which is usually the same procedure is performed on Pets without any problems.

The NFC chips store 888 bytes of data each, and that's enough to keep 26 encrypted keys from bilinovich addresses. Wismeijer says it uses chips for daily purchases — chips will be scanned with a smartphone to retrieve and decrypt the key for the transaction. The keys can be removed and replaced with new keys for other cryptocurrencies remotely using a smartphone, and the encryption does not allow people simply to scan the hands of Wissmeier to read its keys.

Because of the attention that he attracted, he never keeps a large amount on the chips, to prevent the attack of thieves, but says that is not the only one keeping the digital currency this way. Wismayer owned the General Bytes, the company that sets bichenovii ATMs around the world.

Many employees Wismayer followed his example and now he knows "at least fifty" people in Prague, who use subcutaneous bichenovii wallets.

Although this method may seem radical, Bitcoin security is an important issue. Up to 23% of all bitcoins have already been irretrievably lost, so people began to get serious about your security.

Despite FDA approval, the process of implantation of chips is not devoid of risks, and some studies have linked the use of NFC chips with cancer. However, health risks many are neglected, so people want to protect their nice little bitcoins.

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