Post
Topic
Board Bitcoin Technical Support
Re: Is there a lightweight fork of Bitcoin Core?
by
Synchronice
on 14/08/2024, 19:21:23 UTC
I don't trust hardware wallets, I use a 2 laptop setup with 2 Bitcoin Core instances, one used as cold wallet and another as hot wallet with watch only addresses.
If most of the network uses code that eventually adds some sort of exploit or bug with all that experimental creativity being added you will care as you see the price crash irrespective of how you are holding the coins.
I wouldn't trust Laptop because god knows whether there are backdoors in hardware or not. Hardware wallet looks to be easier work compared to PC/Laptop components.
To be honest, I have said it many times that if you don't hold thousands of Bitcoins, you are most likely safe. What's going happen if you hold 1 Bitcoin on Coldcard wallet at home? Anyone is going to hack it? Really?

i don't understand why you don't trust hardware wallet. There are some hardware wallet which is fully open source, where you can even build one by yourself.
I can think of a few reasons. The most important one: it's a black box. I have to trust the manufacturer to do what they say they do, and sometimes they turn 180 degrees.
To be honest again Cheesy most of us have to trust developers. If you can't read a code and aren't a very good software developer or engineer or whatever it is, then you can't be sure that you are safe with any open-source software, you depend on someone else's opinion.