I completely disagree. The simplest way is to just take your keys off your device and I’ve never felt any need to “keep up to date” and replace a hardware wallet. Every one I’ve used in the past that I liked I still use in some capacity. Getting your keys off your mobile or desktop is an absolutely crucial step to securing your bitcoin.
Discussion
Hi mate, cor coldstorage do you reset the hardware wallet to remove the keys and keep just the back up?
also. If you have only 1 hardware wallet but want to manage 2 separate wallets.
Would you:
1 change the derivation path
2 add separate pass phrases
3 create two keys with the same
device and reset the device as needed.
4 use BIP 85
?
Nah, if i want to have multiple wallets based off of a single hardware wallet I will often do it via multisig (Nunchuk makes this dirt simple) and adding a separate second key for it, or I use a 25th word to generate a new wallet. But I haven't done that in quite some time however. I mostly use various multisig setups with differing levels of security and ease of access.