NVK has become a bad actor.
He is the kind of guy who does shitty things and then laughs as if that makes it okay.
He encapsulates "why you mad bro" behavior
You can tell how entitled he is anytime he opens his gaggling mouth. The constant laughter is Kamala Harris levels of deflection.
Rather pathetic from someone who could be on the side of free open source software
Coinkite muddied the water of what FOSS is on purpose
I just listened to Odell comment on NVK creating websites to undermine seed signer and avoided saying the word "Foundation" ( as if they were the problem here somehow) only reinforced my opinion that NVK is the bad actor and they just salty
The logic isn't sound. How can you be upset at a company for doing the exact same thing you did?
Coinkite took foss and created coldcard
Ten31 invested in the product and receives dividends
Foundation took foss and created Passport
They got vc money too
But only foundation is bad cause they did exactly what coinkite did?
Every company in the world has competition. Why does coinkite think no one is allowed to compete with them in a free market with free open source software?
They made an entirely different product. I thought user choices were good. I thought profitable open source was the point?
So instead of simply being happy with a massive market share and competing to keep it, nvk does all this petty bullshit that only makes him look like a little bitch.
This kind of shit makes me never buy any coinkite products ever again. I simply don't trust that kind of bullshit.
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Replies (24)
NVK is ODELL's blind spot and something Matt is always picking the wrong side of because "it's hard when he's my friend"
Maybe get better friends.
NVK has become a bad actor.
He is the kind of guy who does shitty things and then laughs as if that makes it okay.
He encapsulates "why you mad bro" behavior
You can tell how entitled he is anytime he opens his gaggling mouth. The constant laughter is Kamala Harris levels of deflection.
Rather pathetic from someone who could be on the side of free open source software
Coinkite muddied the water of what FOSS is on purpose
I just listened to Odell comment on NVK creating websites to undermine seed signer and avoided saying the word "Foundation" ( as if they were the problem here somehow) only reinforced my opinion that NVK is the bad actor and they just salty
The logic isn't sound. How can you be upset at a company for doing the exact same thing you did?
Coinkite took foss and created coldcard
Ten31 invested in the product and receives dividends
Foundation took foss and created Passport
They got vc money too
But only foundation is bad cause they did exactly what coinkite did?
Every company in the world has competition. Why does coinkite think no one is allowed to compete with them in a free market with free open source software?
They made an entirely different product. I thought user choices were good. I thought profitable open source was the point?
So instead of simply being happy with a massive market share and competing to keep it, nvk does all this petty bullshit that only makes him look like a little bitch.
This kind of shit makes me never buy any coinkite products ever again. I simply don't trust that kind of bullshit.
View quoted note →
Hard pass on Coinkite’s products.
It’s all advertising.. what software supports Tapsigner that was launched 3 years ago?
Q is a huge fail:


X (formerly Twitter)
+rapidlab309 (@rapidlab309) on X
So, how fucked could a $200 (¬FOSS) #Bitcoin HWW be? Well, very much.
The Q is nothing, but a bigger sized CCMk4 with a cheap quality touch.
NVK can not be trusted.
View quoted note →
I have done an analysis.
It would cost about $5000 to perform a supply chain on a Coldcard at most, and that is the fixed cost. The per device cost is something like $25.
There are multiple vectors to conduct a supply chain attack on a Coldcard and there are no defenses possible against it.
The secure elements used have been proven over and over again to be vulnerable to 2-decade old attacks.
I may publish a proof of concept once I have time to waste on this crap and I am done with nostr.land and a few other projects.
So glad I never have that guy a fucking dime
I reached out to coinkite to learn more about their Q wallet
And, the first thing out of the representatives mouth was how Foundation wallet is a piece of crap and not to pay attention to their Twitter account
Disclosure: I am working on my own HWW product and may have some conflict of interest.
This uses a proper SE with customized firmware and a chip that has security certification.
I may be able to open source the SE software.
What better alternatives for Coldcard are there at this moment in your opinion?
There are none.
Passport I feel like is a gimmick that isn’t worth it.
Passport Prime even more so.
Jade Plus seems reasonable to some extent. Original Jade is trash.
BitBox has weak SEs.
Trezor is problematic in other ways.
Ledger is Ledger and anything that is not the Nano S should not be trusted
There's probably an Odell mafia. Even if they didn't want it to be that way.
There are a lot more things that go into security than just your hardware wallet. It's just one component, and managing who has physical access to it and always using it in a private location with airgapping features go a long way imo. And that's just with a single sig wallet. Two wallets from different brands and a remote key from someone like Nunchuk is also an option.
People are good at scaring folks into thinking their hardware wallet is a single point of failure when it doesn't have to be. If you're losing your Bitcoin, it's probably not because of the wallet you chose. Unless it was a ledger, lol.
Thanks! Didnt know about the weak SE on Bitbox. I reckoned the old Nano S with Sparrow Wallet (not ledger live obv) might actually be allright to continue to use (even tho it doenst get any further updates anymore) considering the Nano S doesnt have the 'seed recovery firmware'.
Im curious to your HW project! :)
I haven't heard stories about people losing funds on Ledger tho , only some defi breach last year.
Me too, actually. I just heard the news of the private key allegedly being accessible remotely or something. Maybe it was just FUD.
I had a ledger once and it bricked itself. So there's also that. I don't recommend them.
Ironically BitKey is a better product when it comes to your non technical wife trying to recover your BTC after you are hit by a bus.
I can imagine 50% of CoinKite wallets will be lost bitcoin because it’s too fucking nerdy
Where did you see or heard that news about private keys being accessible if I may ask?
I do know the Ledger Live software was data harvesting, which is a big issue.
The company doesnt seem to be trusted but until now, to much intertwined with shitcoins
This seems a touch salty.
Seems like it was two years back. I would hear news about how Ledger introduced some kind of recovery service for private keys. But looking into it now, they rolled it back and just recently came out with an offline recovery card of sorts.


crypto.news
Ledger delays release of private key recovery service
Ledger has decided to postpone the launch of its private key recovery service after facing strong criticism from the crypto community.

Ledger
Ledger Recovery Key | Ledger
The quick, easy way to restore access to your assets. Now you can enjoy peace of mind with just the tap of a card.
Yeah that's right. That was the moment a lot of the more hardcore customers left (rightfully so I think). Ledger is clearly focusing on less tech savvy general population, which makes sense from their perspective ( a lot of people actually like the opportunity for a recovery service). Still I dont think their hardware or firmware ever gave an hacker or another actor the opportunity to steal the seed phrase (besides obv risky behavior by wallet owners). The company has been in this space for quite a long time. Still I wouldn't buy from Ledger anymore
Not to forget when he took down the Github repo of the open source project. He's NGMI.
OK, past few days were quite wild. I am currenly in El Salvador because I was attending the Adopting Bitcoin conference. My very limited internet connection here made it quite difficult to engage, I mostly just got push notifications. Hereby I want to take the opportunity to tell the story from my side.
TL;DR: We were just having fun, we thought it was okay. Apperently it's not and nvk is is so upset that he felt he had to file a GitHub takedown request. I feel that's not how bitcoiners behave.
### How it started
I have been working on the #BTClock since April '23. It started of some sort of bet where I challenged myself to make a BTC ticker as cheap as possible. I just ordered seven eInk displays on AliExpress with the intention of showing information related to bitcoin using an ESP32.
Why seven? Because the words BITCOIN and SATOSHI both consist of seven letters and connecting more screens to the ESP32 did not seem possible without adding I/O-port expanders.
Yes. The idea was inspired (among other projects) by Blockclock, which also uses eInk displays. I don't own one, so I couldn't "reverse engineer" or use any direct inspiration of it but the way you can combine multiple eInk displays to display information in an useful way is very limited.
After getting the schematic right. I created a 3D printable case for it (https://www.thingiverse.com/thing:6009628) and named it BTClock after someone's idea in the Dutch Noderunners community. Since it consists of seven characters I thought it's the perfect name since it fits the seven displays too.
View quoted note →
### May 2023
This allows you to create a BTClock for ±70 euro (if you own a 3D printer).
I shared the progress of the project in the MakerBits telegram group. Ben Arc checked with nvk how he felt about it, and I have seen his responsse where he replied with that he felt honored and that I should go ahead. In hindsight, I should've asked Ben to forward this to me but I wouldn't expect this to "haunt" me like it did last week.
After sharing the very spaghetti-y schematic in some Telegram groups, someone replied that he was working on making an actual PCB out of it. After some DM'ing back and forth we got our first PCB prototype that needed some work. After 4 iterations we finally got it how we wanted and were able to sell DIY kits. The PCB is real artwork, so we wanted to show it off. Therefore we added a acrylic backplate to be able to protect it while still able to see the proof-of-work by Madbo, the PCB artwork designer. We used a lot of through hole components to make it accesible for anyone who has a soldering iron.
### August 2023
In August 2023 we finally got the kits ready, while the initial plan was to only sell the DIY kit within the Dutch Noderunners community, I brought smoe with me to Baltic Honeybadger '23 as well, where it proved to be pretty succesful while sitting next to Ben in the chilling lounge.
I got a lot of encouraging and positive remarks about the project, including Daniel Prince (@princeysov) who tweeted about this (https://x.com/Princey21M/status/1698257536418267624).
It appeared that this tweet firstly poked the lion, since nvk sent some of his coinkite employees to me after this tweet, a group of 4 people asked a lot of questions while filming me (without my consent, I didn't realize this when they were asking it but when they walked away it was clear to see the iPhone was recording video).
Not a lot later, nvk sent out a tweet which was clearly about the BTClock project without explicitly mentioning the name (https://x.com/nvk/status/1698423362819682400)
However, in my opinion this did still fit the message I read he wrote to Ben that he was more flattered than upset. It was only then when I learned about how he reacted to Foundation Passport and how he behaves regarding the SeedSigner project.
### March 2024
During Bitcoin Atlantis in March 2024, there was a nice space for the MakerBits projects including the BTClock, the software by this time has many improvements, including real-time new block notifications by utilizing the Mempool.space Websocket API. Since the hardware is also open source, many alternative faceplates are available including a stainless steel one and a completely white one. Multiple people witnessed nvk walking passed the maker space while looking at me, but he did not engage or whatsoever. I would expect if he would take offense by the product, he would've approached me by now but he didn't. He does know who I am though, both in real-life and I'm posting enough on my social media accounts (Nostr and Xitter) to find me there as well.
### Fast forward to November 2024
A lot has happened in the development of the BTClock, among other things I added a BitAxe integration and Nostr Zap Notifications to the software and we managed to add frontlight to the eInk displays which I really think sets the BTClock apart from other "tickers" like the Blockclock mini.
The Blockclock mini hasn't had any updates for two years (since October 3rd, 2022) which seems to be like the Blockclick mini can be considered end-of-life.
I therefore was very suprised that when I woke up on November 14th, I received an e-mail that the BTClock GitHub organization was flagged because of alleged trademark infringement of the BTClock.
This was according to a report by Coinkite to GitHub. The letter I shared in the MakerBits Telegram group was ONLY sent to GitHub, not to me (although I haven't been home for a while so I don't know something is waiting in my physical mailbox).
Luckily git is decentralized version control and there are already mirrors of the hardware and software source available. Also GitHub allows me to appeal but haven't taken the chance to do so.
Although I do understand that the concept of trademarks exists for a reason, I feel this a very cowardly move and certainly not something that I would expect from fellow bitcoiners. Just sending me a DM on Nostr, X or Telegram is the least I would expect. I don't mean to offend or infringe, and would be happy to discuss options if open to it. Either in DM or out in the open.
I'm all about transparency so @npub1az9x...m8y8 here is my invitation to discuss this out in the open. I'm sorry that we seem to upset you. what is it that bothers you, can we find a way to let the projects co-exist? Or even see if the BTClock software can adapted to your Blockclock mini hardware.
View quoted note →
### March 2024
During Bitcoin Atlantis in March 2024, there was a nice space for the MakerBits projects including the BTClock, the software by this time has many improvements, including real-time new block notifications by utilizing the Mempool.space Websocket API. Since the hardware is also open source, many alternative faceplates are available including a stainless steel one and a completely white one. Multiple people witnessed nvk walking passed the maker space while looking at me, but he did not engage or whatsoever. I would expect if he would take offense by the product, he would've approached me by now but he didn't. He does know who I am though, both in real-life and I'm posting enough on my social media accounts (Nostr and Xitter) to find me there as well.
### Fast forward to November 2024
A lot has happened in the development of the BTClock, among other things I added a BitAxe integration and Nostr Zap Notifications to the software and we managed to add frontlight to the eInk displays which I really think sets the BTClock apart from other "tickers" like the Blockclock mini.
The Blockclock mini hasn't had any updates for two years (since October 3rd, 2022) which seems to be like the Blockclick mini can be considered end-of-life.
I therefore was very suprised that when I woke up on November 14th, I received an e-mail that the BTClock GitHub organization was flagged because of alleged trademark infringement of the BTClock.
This was according to a report by Coinkite to GitHub. The letter I shared in the MakerBits Telegram group was ONLY sent to GitHub, not to me (although I haven't been home for a while so I don't know something is waiting in my physical mailbox).
Luckily git is decentralized version control and there are already mirrors of the hardware and software source available. Also GitHub allows me to appeal but haven't taken the chance to do so.
Although I do understand that the concept of trademarks exists for a reason, I feel this a very cowardly move and certainly not something that I would expect from fellow bitcoiners. Just sending me a DM on Nostr, X or Telegram is the least I would expect. I don't mean to offend or infringe, and would be happy to discuss options if open to it. Either in DM or out in the open.
I'm all about transparency so @npub1az9x...m8y8 here is my invitation to discuss this out in the open. I'm sorry that we seem to upset you. what is it that bothers you, can we find a way to let the projects co-exist? Or even see if the BTClock software can adapted to your Blockclock mini hardware.I’ve hated NVK for so long that I never wanted to go near his products even though they were provably high quality.
Thankfully, the space has matured. There’s real competition now and I don’t have to rely on him anymore.
So fuck NVK — and I can’t stand that Kamala Harris laugh of his either.
Funny how today wasn’t just my last straw.
Someone else’s “trust” broke too, for entirely different reasons.
View quoted note →
Ledger Live: The limited memory of your Nano S restricts access to the latest shitcoin features. Upgrade to a newer Ledger device.
Me: No, thank you.
I've heard not great things as well
Spot on sir!