{"id":"P9TlFBO38vE","title":"Paper wallet, Hardware Wallet, Lit Protocol has some similarities🤔","description":"Lit Protocol clip from Chain Abstracted Podcast on NEAR Protocol. Learn how this decentralized and programmable solution offers enhanced security and enables automation and data sharing. #HardwareWallet #CryptocurrencySecurity #DecentralizedSolution #SecureStorage #Automation #DataSharing #CryptocurrencyWallet #DigitalCurrency #CryptoInvesting #DigitalAssets #ChainAbstractedpodcast","channel_name":"NEAR Protocol","published_at":"2024-05-07T00:00:00.000Z","thumbnail_url":"https://img.youtube.com/vi/P9TlFBO38vE/hqdefault.jpg","transcript_text":"paper wallet is great for saving but when you want to spend now you have to load it back into the computer so Hardware wallet's a yeah a really good good solution and it's actually really cool because um you know back to the analogy we were talking about earlier with lit and a hardware wallet lit is kind of like a decentralized cloud Hardware wallet right where it's like you you have this network of nodes that are obeying a very specific program they can't tamper with it um and it's you know it's fly it's secure uh the key is isolated from everything else and the the big difference right is like because it's always online it lets you do things like automation data sharing like you could imagine if I wanted to share a file with you um but I you know I didn't want to like just transmit the key to you I wanted you to be able to decrypt it when you're ready I don't want a third party to have the key in between uh I'm yeah I have to be online we both have to be online at the same time to do that Exchange","transcript_synced_at":"2026-11-03T05:57:35.858Z","segments":[{"start_seconds":0,"text":"paper wallet is great for saving but when you want to spend now you have to load it back into the computer so Hardware wallet's a yeah a really good good solution and it's actually really","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=0s"},{"start_seconds":8,"text":"cool because um you know back to the analogy we were talking about earlier with lit and a hardware wallet lit is","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=8s"},{"start_seconds":14,"text":"kind of like a decentralized cloud Hardware wallet right where it's like you you have this network of nodes that","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=14s"},{"start_seconds":23,"text":"are obeying a very specific program they can't tamper with it um and it's you know it's fly it's secure uh the key is","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=23s"},{"start_seconds":31,"text":"isolated from everything else and the the big difference right is like because it's always online it lets you do things","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=31s"},{"start_seconds":38,"text":"like automation data sharing like you could imagine if I wanted to share a file with you um but I you know I didn't","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=38s"},{"start_seconds":47,"text":"want to like just transmit the key to you I wanted you to be able to decrypt it when you're ready I don't want a third party to have the key in between","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=47s"},{"start_seconds":55,"text":"uh I'm yeah I have to be online we both have to be online at the same time to do that Exchange","url":"https://www.youtube.com/watch?v=P9TlFBO38vE&t=55s"}],"youtube_url":"https://youtube.com/watch?v=P9TlFBO38vE","url":"https://near-pedia.xyz/videos/P9TlFBO38vE"}