Adopting Bitcoin 2024

Adopting Bitcoin 2024

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Secure coin self-custody using a BitBox02
16/11/2024 , Chaum Stage

Self-custody is a fundamental principle when dealing with Bitcoin, and hardware wallets have become established as the most popular solution to secure coins while (somewhat) maintaining their accessibility. Thus it is important to highlight common pitfalls that erode the security of the setup, or increase the risk of losing the funds by accident.

Instead of talking about theory only, creating a real setup with a BitBox02 hardware wallet will give workshop participants a better grasp on how general important self-custody best practices can be implemented in the real world.


Content:
- Important fundamental concepts of modern bitcoin wallets.
- Practical example setting up a simple cold storage wallet using a BitBox02.
- Common misconceptions and pitfalls.
- Using miniscript for inheritance.
- Questions.

In 2020 while studying in Germany, Nico discovered Bitcoin and attended the Adopting Bitcoin conference in El Salvador, a trip that inspired him to move there. After contributing to the Fedimint project for a year, he began working at BitBoxSwiss, where he honed his skills in hardware wallet security through customer support. Now, Nico's contributions are focused on development. At Adopting Bitcoin, he’ll provide a hands-on demonstration of secure cold storage setups and dive into advanced techniques with Liana Wallet and miniscript for more complex use cases.