Yup. Copycat cloning for profit won’t work anymore for coldcard.
That said, it’s precisely this easy profit motive that eventually gets other companies to join the project and write code for it.
Discussion
Demanding FOSS with no exception makes the capital expenditure to assemble/deliver a physical wallet a daunting proposition... disincentivizes places like Coinkite to exist since it forces them into a race to do it the cheapest until the DIYer method just wins out with COTS options.
I can understand their decision to protect a portion of their code in the name of protecting the part of their business that assembles/delivers physical products.
This is the inference point they're spamming to convince you to turn a cheeck.
It's false and dangerous logic.
I suppose I just don't have the answers 😵💫
Okay on second thought, this was the cop out response to avoid the crosshairs. But I should keep the discussion alive, it's valuable. This is Nostr.
I think there's a part of me that favors those that have done a lot of the heavy lifting for me - like Coinkite - because the convenience of their product is, at least at first glance, worth sacrificing that visibility into the code.
I can verify the dice roll algorithm.
I can never plug this thing in to anything, ever. Me likey.
I can transact cleanly.
I get the paranoid security that I think a lot of maxis look for.
So perhaps my brain is seeking to protect my peace in knowing that this avenue exists - I don't have to worry about recreating it myself. I'm giving up that last little bit of ownership of the design to this custodian, Coinkite, because in turn they give me something that I get warm fuzzies from.
But if I'm brave here, I can't help but submit that... were a great hardware list to exist... and the software was FOSS... there's nothing stopping me from being able to give myself what I'm given by my Coldcard.
Perhaps what I worry about - what I'm hesitating on - is the destruction of the enterprising incentive for such conveniences to be invented. I worry that if there's no promise of likely profit, would such hardware/software companion lists ever even be devised?
It's a leap of faith to trust that they would.
Perhaps I just need to learn to trust this community.
Cat Daddy - that's so on point!! And yes you can! Well said.
Once you have taken an hour or 2 to build your own seedsigner, (or Spectre) a lot of those questions will be answered. with nuances. Aha moments. Quite fun too. Not even too techie.
Wade a bit deeper into the water. Good people here too.
I had no idea what a seedsigner is until this response. LOLing at myself, I should know better by now than to doubt that if it should exist - it either does or will with bitcoiners involved.
Thank you 🙇♂️
💯🫡
Stateless signing devices have a role.
Humans have been protecting physical secrets far longer than digital ones.
One day I'm gonna go more than 48 hours being fully satisfied with my bitcoin maxi setup.
Someday. But that is clearly not today.
The SeedSigner is a no brainer addition to your tool kit.
Every Bitcoiner should make one.
Agreed.
I’m turning my attention to Liana wallet for time locked utxos via taproot (think of a safe with a countdown timer), but looks like that wallet loses time locked transaction ability (think post dated personal bank checks).
I think a combo of locked outputs and not-yet-valid transactions has a role to play in my next security setup.
Time locks are very interesting, it breaks the 5$ wrench attack without needing multisig.
BE SURE TO SNAP OFF THE WIFI COMPONENT OF YOUR R PI, IT IS TINY BUT EASY TO REMOVE
Sacrifice visibility into their code? It’s publicly available. Only commercializing their code is prohibited.
They sacrifice OSS developers from wanting to audit their code.
They literally borrowed from trezer first and renamed the code base to remove trezor from it. Trezor called them out BTW.
Then get forked, and suddenly realized having a FOSS license means people can fork your shit, freak out, and close it up, shouting about "CLoNiNg" and "VC money"
At least foundation is still FOSS innit
Not sure that’s accurate. CC uses secure chip, Trezor doesn’t. Not sure the code could run on both platforms.
I’m not arguing against FOSS. I think in the long run it’s the only way stuff stays around and relevant. It’s really a question of building a runway and when to go FOSS with one’s product.
For typical enterprise software, configuring the software is the product and thus the software is born free. But for single purpose easy to use devices, there is no service to sell, just the device.