Quote from: dkbit98 on October 10, 2022, 06:08:12 PM

Quote from: Gorilla22 on October 10, 2022, 04:29:21 PM

The question is: where is the catch?
Why are they less popular than say Trezor or ColdCard which are more expensive, less convenient and not very beautifully designed?

There is no catch.

I think the catch of those cheap devices is that they're often built from off-the-shelf hardware, closed-source and insecure. There were 'hardware wallets' in the past that were literally outdated, dumbed-down smartphones.

But what makes them bad is not the fact that they're exotic / new / unpopular, it's the fact that there is no serious team behind it and security is not their main focus.
One could honestly label Foundation Devices as 'exotic'; after all, until a couple months ago, they had only sold and shipped 1000 devices (their Passport 'Founders Edition' - it was limited to 1000 units).
While it's not cheap, it's pretty secure. So I do think price and security+quality are conflicting goals.

I wouldn't buy anything that's not reproducible, for instance. Because that means the device runs code that is not available to the public.

Quote from: https://walletscrutiny.com/?verdict=reproducible&platform=hardware

As you can see though, the reviews are marked 'outdated' since the latest release has not yet been verified. I encourage anyone who benefitted from their service to give them a small donation (Lightning accepted) at least, as a motivation to update those verdicts.. Wink