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Showing posts with the label Encrypting wallet manually instead of using hardware wallet

Encrypting wallet manually instead of using hardware wallet

Encrypting wallet manually instead of using hardware wallet i am new to this community and like to know why one should prefer a hardware wallet instead of using encryption algorithm like AES-256 along with PKDF2 to secure crypto wallets ? i currently hold btc in trezor wallet and planning to use AES to manually encrypt private keys by myself. I have been playing around with the crypto wallet encryptor, http://ift.tt/2yxtbEL which seems to be pretty effective. it takes private key and a custom password as an input and encrypt it using AES-256. i have read on various forums people using it but not sure if its any better than actual hardware wallet ? http://ift.tt/2hnABiO