So if we’re not using #Ledger any more then what are we using?
#Trezor or #ColdCard?
So if we’re not using #Ledger any more then what are we using?
#Trezor or #ColdCard?
why ?
6 million use ledger
no hack, no backdoor in 8 years
1 million uses trezor
can be hacked in half an hour
other wallets few hundred thousand sales
cannot be trusted
opensource is easier to attack
coldcard for example has a proprietary secure element where your seed is stored
same for bitbox, has a proprietary secure element
you have to trust a proprietary element.
70 million still use centralized exchanges. the safest, most secure alternative is a multisig wallet. multisig means lots of points of error, to make it really safe you need to depend on other people or companies in a different location. multisig multiplies already sky high bitcoin fees plus fees for the other parties involved.
for the average person ledger is the safest device. because of their track record. finally there is always someone or something you need to trust, which you cannot verify.
Ignore the incoherent rambling.
Trezor was the first harware wallet, and still supports every product they have released. Other companies iterate, and brick their old stuff for repeat customers. Ledger and coldcard both have black boxes inside that hide their code and functionality; do not trust, verify.
If its not open source then it's not worth holding your coins.
So you think Trezor is the best. People are telling me it is easily hacked, is this true?
IF someone has physical acess to your device, PLUS specialized hardware, PLUS chip knowledge, AND you didnt use a passphrase, then yes. But if you use a passphrase you could leave your trezor in the comp sci lab and let people attack it, and you'd be fine.
#[2]
#Coldcard
Jade and seed signer.