Post
Topic
Board Hardware wallets
Re: Why not to buy inexpensive "exotic" open source hardware wallets?
by
The Pharmacist
on 10/10/2022, 23:37:32 UTC
I would never buy closed source device like ledger, and some of their devices like model nono X are worst piece of crap ever, and ledger is focused only only of shitcoins.
I'm not sure what you mean by Ledger being focused only on shitcoins--I get what you're trying to say, but 1) they're only offering support for various altcoins and tokens because there's a big market for them and a lot of demand.  It's just a smart business move on their part.  And 2) if you consider altcoins as being coins with their own blockchains, Ledger only supports a small fraction of them. 

I kind of wonder what it takes for an altcoin to get Ledger support, whether the devs have to pay for the "privilege" or what.  I assume that's probably the case.

OP, I tried the Bitbox and though it's open-source and all that, I find its user interface to be inferior to Ledger Live, and for some reason the app runs much slower on my PC than LL.  I'd definitely recommend it, though I like my Nano X much better--and that's despite everything dkbit98's mentioned, all of which I pay attention to BTW.  He was the one who recommended the Bitbox.

If you look on Amazon (as an example), there are so many HW wallets out that it's overwhelming if you don't know what to look for.  Most of them are crap, overpriced, and/or totally unsafe.  I'd stay away from the really exotic ones you might come across in the wild, like the Arculus and similar ones.