Post
Topic
Board Hardware wallets
Re: Choosing my first hardware wallet, have some questions.
by
n0nce
on 09/10/2022, 17:40:32 UTC
Mine is Multi Edition.
n0nce, could you tell please,

Why is it good to convert it into Bitcoin-only?
The link says it is more secure because there is "less" software involved.
Is it really that much more secure that it is worth refusing possibility to hold other coins?
Like o_e_l_e_o said, by running less code, there is just less room for bugs and security holes.
As to whether it realistically makes a difference, I don't know. The risk of getting your hardware wallet attacked in the first place is pretty low.

The very fact that you have your keys on such a device and not just on your hard drive, easily accessible by any virus, already significantly reduced your attack surface and eliminated probably 99% of hacking attempts.
If you don't use altcoins anyway, I say go for it. If you do, don't! You don't want to keep those on your HDD either, right.

Ultimately, the decision is up to you. Wink