Re: [ANN] Krogothmanhattan x Polymerbit: Customer DIY key generation with Trezor
This process looks quite a bit more difficult than a diy pk with BIP39 seed and passphrase
But maybe that is because I dont know trezor very well - I personally have 2 of them but wont use em - part of me feels that all hardware wallets leak out your information/keys/seed phrase/pass phrases etc thats just me though.
But maybe that is because I dont know trezor very well - I personally have 2 of them but wont use em - part of me feels that all hardware wallets leak out your information/keys/seed phrase/pass phrases etc thats just me though.
I suppose unless the code used on "xxx" device is actually open-sourced so can be vetted, who knows, so you could be right.
Hell, I may have one of these systems running, I still have to check..
https://www.theregister.com/2023/06/02/gigabyte_uefi_backdoor/You really cannot trust anything not open-source, so I have to agree with you in principle there, however, any reputable company would not do that I would think, especially in this business. Or I hope at least.
Trezor is 100% open source unlike some other wallets. Also any BIP39 wallet seed can be used on any other wallet that is BIP39...regardless if the company goes bust or not.
As per Trezor..
Trezor hardware wallets use open-source designs so security experts and researchers can audit every process. This means your device is kept updated against threats, both real and theoretical.
When security is transparent, backdoors and potential exploits have nowhere to hide. Trezor is trust-less and decentralized, exactly like Bitcoin.
In the unexpected event that the company Trezor becomes insolvent, your device will continue to be the safest place for your coins.
This means that you can recover your cryptoassets on any BIP39 compatible wallet. For example, if you have cryptoassets on a Trezor One and the Trezor One gets lost or damaged, then you can enter in the recovery seed from the Trezor One into a Trezor Model T or a Ledger Nano S and recover all of your cryptoassets.