Post
Topic
Board Wallet software
Re: Hardware wallet vs software wallet for daily transaction
by
Welsh
on 21/04/2022, 22:47:55 UTC
Price is now more expensive for Safepal than image is showing, and I don't consider it safe at all, you can't even verify what is hidden in those encrypted QR codes they generate.
Not to mention how they stole GPL open source code and made it proprietary, and later they got busted by Kraken team long time, but they are simply ignoring this.
You can read Kraken report here and Safepal reply in this post, and my point is that Safepal has some serious security flaws and there is a reason why they are the cheapest wallet you can find.
Not to mention that the image also seems a marketing ploy. I'm not sure where the image has come from exactly, and who's behind it. However, using the green coloured font, to try, and push it being better in almost every way, is a little suspect. Especially, considering the things they've already been caught for.

If you do want a hardware wallet, you want to be using a company with integrity, and for me SafePal aren't that, and pretty much any other alternative out of the big three would be better solely based on that.