Post
Topic
Board Wallet software
Merits 1 from 1 user
Re: Hardware wallet vs software wallet for daily transaction
by
n0nce
on 22/04/2022, 13:01:21 UTC
⭐ Merited by Pmalek (1)
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.
As soon as I check out such a device and I see it's closed source, that's game over for me. It boggles my mind how a 'cypherpunk' product can be completely closed source and people still buy it. Like, for what you know, you could be completely deanonymized by the hardware, firmware and host software (especially if it's a phone app) easily without noticing. They could also transmit your seed phrase or xpub to them through these unauditable encrypted QR codes to further deanonymize and even steal from you (the latter wouldn't be a very smart business decision though).