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Security Solution
Luckey Application on Crypto-currency and Personal Banking

BarcampHK 2019
Spec
• Intel Atom x5-Z8350 4 core 1.44GHz

• 4GB RAM

• 64 GB eMMC

• Micro SD Card support up to 128GB

• HDMI, USB 3.0 x1, USB 2.0 x1, WIFI 802.11AC, BT4.0

• Linux Supported (Ubuntu 18.04)

• O
ffi
cial ETH and Bitcoin client software.
Pros
• Small

• Portable

• Easy to store in Small Bank Vault, Safe or Safety Deposit Box

• Hot Wallet

• Possible in use with Cool Wallet such as TREZOR or other
additional encryption devices

• Use Opensource OS and Softwares
Cons
• Need HDMI TV / Monitor

• Need Keyboard and Mouse

• It has to use additional encrypted USB storage on using
Bitcoin Type Crypto-Currency
Why?
Isolation
• Only do important things on one dedicated clean
computer.

• Use that machine on one thing such as online banking,
fi
nancial planning or trading crypto-currency
Reason
• Anti-virus softwares are no quite reliable. 

• There may be unknown virus or Trojan horse hiding in
unknown sites or porn sites,
fi
les while browsing the
Internet

• As this small computer is to use in one purpose, it has to
only install required software and browse related website.
It is a bit more secure.
Why for Crypto
• The design of Blockchain is based on not to trust anyone. 

• So, every block of record is using the same encryption algorithm
to verify

• That’s why it has to Opensource, so that everyone can use the
same source code to compile the program and using the same
protocol to communicate

• We use a small computer, so that we could use the o
ffi
cial
blockchain software to be a private node and talk directly to the
public chain network. That is the most safely way. And as the
computer is so small and portable, we can locked it in safe after
shutdown the computer.
Questions
• Is Opensource mean safe?

• Is uno
ffi
cial blockchain library safe?

• Is the 3rd party node safe?

• Is Web Crypto Wallet safe?

• Is Cool wallet safe?
Answers
• Not quite, software either close source or open source may have vulnerability, although open
source you can see the code is much safer, it has to use the latest o
ffi
cial updated code to
compile.

• Not quite, as the source is not o
ffi
cial, even though the running result is the same as the o
ffi
cial
one, the non-o
ffi
cial one could possible to hiding hacking code inside to steal information. Only
the o
ffi
cial is more trustable.

• Not quite, some nodes may using their own source code to simulate the result of the o
ffi
cial
node. But it could be have some problems in sometimes to make loss while the transaction has
problem.

• Not quite, as we have no idea what code are using on that web even it claims it is opensource.

• Not quite, as we have no idea what the cool wallet inside doing. The design of cool wallet is a
small MCU and storage to store the private key of the Wallet Address. And we have no idea
what is the program inside even it claims it is open source. The most safe way to use the cool
wallet is to recompile the Firmware of the MCU from the source. That would be nearly the same
as we use the o
ffi
cial client or recompile the o
ffi
cial source of the o
ffi
cial client on hot wallet.
Safe ===Annoying
• A more safety system is not so user friendly, it would be
more annoying. And not only for person, but for a group
of people. Such as company network.

• Everything is Trade O
ff


• Compile the Source by myself;Known the Architecture
and Data Structure;Only install the needs softwares;
Only use single computer to do one purpose;
For Luckey
• Use o
ffi
cial long term support open source Operation
System - Ubuntu 18.04

• Use o
ffi
cial ETH client

• Use o
ffi
cial Bitcoin client

• User can re-compile by themselves if they don’t trust our
distribution

• Freedom on using the system
Thanks

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Security Solution - Luckey Application on Crypto-currency and Personal Banking - BarcampHK 2019

  • 1. Security Solution Luckey Application on Crypto-currency and Personal Banking BarcampHK 2019
  • 2.
  • 3. Spec • Intel Atom x5-Z8350 4 core 1.44GHz • 4GB RAM • 64 GB eMMC • Micro SD Card support up to 128GB • HDMI, USB 3.0 x1, USB 2.0 x1, WIFI 802.11AC, BT4.0 • Linux Supported (Ubuntu 18.04) • O ffi cial ETH and Bitcoin client software.
  • 4. Pros • Small • Portable • Easy to store in Small Bank Vault, Safe or Safety Deposit Box • Hot Wallet • Possible in use with Cool Wallet such as TREZOR or other additional encryption devices • Use Opensource OS and Softwares
  • 5. Cons • Need HDMI TV / Monitor • Need Keyboard and Mouse • It has to use additional encrypted USB storage on using Bitcoin Type Crypto-Currency
  • 7. Isolation • Only do important things on one dedicated clean computer. • Use that machine on one thing such as online banking, fi nancial planning or trading crypto-currency
  • 8. Reason • Anti-virus softwares are no quite reliable. • There may be unknown virus or Trojan horse hiding in unknown sites or porn sites, fi les while browsing the Internet • As this small computer is to use in one purpose, it has to only install required software and browse related website. It is a bit more secure.
  • 9. Why for Crypto • The design of Blockchain is based on not to trust anyone. • So, every block of record is using the same encryption algorithm to verify • That’s why it has to Opensource, so that everyone can use the same source code to compile the program and using the same protocol to communicate • We use a small computer, so that we could use the o ffi cial blockchain software to be a private node and talk directly to the public chain network. That is the most safely way. And as the computer is so small and portable, we can locked it in safe after shutdown the computer.
  • 10. Questions • Is Opensource mean safe? • Is uno ffi cial blockchain library safe? • Is the 3rd party node safe? • Is Web Crypto Wallet safe? • Is Cool wallet safe?
  • 11. Answers • Not quite, software either close source or open source may have vulnerability, although open source you can see the code is much safer, it has to use the latest o ffi cial updated code to compile. • Not quite, as the source is not o ffi cial, even though the running result is the same as the o ffi cial one, the non-o ffi cial one could possible to hiding hacking code inside to steal information. Only the o ffi cial is more trustable. • Not quite, some nodes may using their own source code to simulate the result of the o ffi cial node. But it could be have some problems in sometimes to make loss while the transaction has problem. • Not quite, as we have no idea what code are using on that web even it claims it is opensource. • Not quite, as we have no idea what the cool wallet inside doing. The design of cool wallet is a small MCU and storage to store the private key of the Wallet Address. And we have no idea what is the program inside even it claims it is open source. The most safe way to use the cool wallet is to recompile the Firmware of the MCU from the source. That would be nearly the same as we use the o ffi cial client or recompile the o ffi cial source of the o ffi cial client on hot wallet.
  • 12.
  • 13.
  • 14. Safe ===Annoying • A more safety system is not so user friendly, it would be more annoying. And not only for person, but for a group of people. Such as company network. • Everything is Trade O ff • Compile the Source by myself;Known the Architecture and Data Structure;Only install the needs softwares; Only use single computer to do one purpose;
  • 15. For Luckey • Use o ffi cial long term support open source Operation System - Ubuntu 18.04 • Use o ffi cial ETH client • Use o ffi cial Bitcoin client • User can re-compile by themselves if they don’t trust our distribution • Freedom on using the system
  • 16.
  • 17.