Friendly reminder: When using a hardware wallet you are trusting that the hardware wallet company hasn’t been corrupt before the day your hardware wallet was shipped to you.


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Keep in mind:

  • 100% of your funds can be easily stolen by the hardware wallet company at any time (given that they were corrupt before your wallet was shipped), for example with a manipulated random number generator.

  • Thousands of positive reviews about a hardware wallet don't mean much since a corrupt hardware wallet company probably wouldn't steal from 99% of users but from the richest 1% or so. Furthermore, they'd probably wait with their attack some years.

  • That said: I'm a big fan of Ledger Nano S and using it 🙂 However, I'm looking forward to some kind of combination of different hardware wallets to do multisig.

submitted by /u/InstantGangBonus
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247 BTC

Bitcoin News Search

1 News - 247 News - 247 Bitcoin - 1 Search


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