Quote from: LSDadventure on Today at 04:53:32 PM

Quote from: Abiky on Today at 04:22:04 PM

The hardware wallet is closed source (AFAIK) so there's no way to know how your keys are stored/encrypted on the device. I really hope open source alternatives win for the good of the crypto/Blockchain industry.

Who need a closed source hardware wallet?

I can use an open source non custodial wallet like Electrum wallet, and set up a multisig wallet with Electrum or a cold wallet with Electrum. It is safer than using a closed source hardware wallet.

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Who knows if Ledger is bound to die soon? Just my opinion

They are losing customers. Closed source, and their Ledger Recovery Service broke basics of a good wallet.

You are speaking fact here but do you know that the Electrum wallet stays online most times because you are running on your smartphone with a 24/7 internet connection? This is where hardware wallets beat got wallets, staying offline is what hardware is good at and this makes them the best type of crypto wallet, but Electrum as a open source wallet is better than hardware wallets that are closed source, your point is valid.