👋 What is the possible risk of a #coldcard cold wallet? #BITCOIN #Asknostr

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You store the seed , but not the passphrase (if you use one)

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I believe only way to hack a cold card is by brute force

Explain it more please 🙏

Basically a hacker guessing your seed phrase. Which is highly unlikely to happen unless you set up entropy yourself and rolled dice once.

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The biggest risk is yourself.

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Risk of getting hacked is basically nil. If someone gets ahold of your device they still have to enter the PIN to access it, and it will brick itself after too many (13 I think?) failed attempts.

Greatest risks have to do with seed phrase backup being lost/destroyed/stolen. When you set up the coldcard it will test you to make sure you didn't make a mistake when you wrote down your seed phrase so a that's nice feature.

Being able to use it air gapped with an SD card means it never interacts with an Internet connected device.

The device is built to last 25+ years, that's why it doesn't have a battery inside it. But having your seed phrase backed up offline in a secure location is paramount.

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I think the device does have the ability to connect to the internet even if one is using it airgapped (Blockstream Jade also has this issue), I consider that a very edge, tho not non existent risk

No, thats the reason for an cold hw wallet no connection to the internet.

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I have the same concern

Can you please provide me the link for this wallet to buy ? or what are the other options which are economical?

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