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Home»Web 3»Turn your old Game Boy into a crypto wallet (Gimmick? Or pure genius?)
Web 3

Turn your old Game Boy into a crypto wallet (Gimmick? Or pure genius?)

2023-05-22No Comments2 Mins Read
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TL;DR

  • Game Wallet is a GameBoy cartridge that doubles as a crypto wallet.

  • You put the cartridge in your old GameBoy, fire up the game, talk to a specific in-game character, and they’ll give you the seed phrase (aka password) for your new wallet.

  • Gimmicky? Yes. Insanely safe? Also yes. Devices that cannot physically connect to the internet are inherently more secure.

  • A device that was created before cryptocurrency existed, that can never be attacked via digital phishing, and that has been on your shelf for 20 years, is even better.

Full story

How do you legitimize a gimmick idea in just a few sentences?

Here’s how the creators of Game Wallet (a GameBoy cartridge that doubles as a crypto wallet) did:

“Devices that cannot physically connect to the internet are inherently more secure. A device that was made before cryptocurrency existed, that can never be attacked via digital phishing, and that has been sitting on your shelf for 20 years is even better.”

This is how it works:

You put the cartridge in your old GameBoy, fire up the game, talk to a specific in-game character, and they’ll give you the seed phrase (aka password) for your new wallet.

Gimmicky? Yes.

Insanely safe? Also yes.

See, while hardware wallets from makers like Ledger and Trezor aren’t permanently connected to the internet, they can be connected via bluetooth or USB.

The Game Wallet takes security to a whole new level (casual pun, leave it in) by making it physically impossible to bring online.

But wait a minute, how do you get your money off that thing without internet?

See also  MetaMask rolls out 'Sell' feature, allowing users to cash out crypto to fiat in-app

Fair question! After all, the internet is needed to move crypto.

Short answer: It’s inconvenient.

Long answer: You would have to enter the seed phrase created for you in-game, on another internet-connected device (such as a Ledger or a Trezor).

What is one horrible option if you plan to spend/trade your crypto asset regularly.

BUT! If you want to store your cryptocurrency and not touch it again for the next ten years?

This is perhaps the most secure storage option out there. Because until you type your seed phrase into that second internet-connected device – your crypto can not be moved.

Source link

Boy Crypto Game genius Gimmick pure turn Wallet
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