Post
Topic
Board Hardware wallets
Merits 12 from 3 users
Re: NEWS FLASH! Hardware wallets still aren't secure, and they never will be.
by
BitCryptex
on 04/07/2019, 21:44:17 UTC
⭐ Merited by Welsh (6) ,dbshck (4) ,The Pharmacist (2)
Trezor team responded to these findings in March. They have been aware of the attack since designing Trezor. Using a passphrase has always been recommended and it can protect anyone from any kind of physical attack*. Some of you might argue that recommending using a passphrase is not an appropriate solution. Convenience comes at a cost.

This being said, in combination with strong passphrases and at least the basic operational security principles, even the physical attacks presented by Ledger cannot affect Trezor users.

*except for $5 wrench attack