How does Apple TV 2nd Gen Store Password Information?  Secure erase?

I have a 2nd generation Apple TV that I'm selling.  I had my Apple ID, password and WiFi password on it.  I did a "reset" (rather than a restore - the device is worth more with v4 on it than v5).
If it were a computer, I would zero the data on the hard drive before selling.  I realize that the 2nd gen has no hard drive, but is there anywhere that the device stores this information that could be accessed by someone through hacking it?  Or does the reset take care of that?
Thanks!

Thanks for the response!  Aside from installing the latest software (which, as I mentioned, is undesirable from a selling standpoint), how does a Restore differ from a Reset?

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