Quote from: AprilioMP on February 01, 2025, 12:10:29 PM

Quote from: suzanne5223 on January 31, 2025, 10:07:19 PM

Quote from: AprilioMP on January 31, 2025, 09:42:02 AM

The first thing I noticed in a wallet was open source. If it is not open source, I hesitate to store crypto in the long run.
If the best wallet supports a lot of crypto, I think the unstoppable wallet that I will recommend.
There is a discussion of discussion about Unstoppable Wallet to attend any discussion that helps increase knowledge about it.

It is good to use an open-source wallet for better safety options. However, a wallet has been an open-source wallet is not enough to guarantee the wallet as the best or good crypto wallet. Mind you, this is always a new development in the tech world every day and if the wallet new, or all source code are not totally check there is still a chance that the dev team have a backlog, or something that consumer their wallet user internet data for crypto mining (which is something that some dev do now)

To be even safer, use a hardware wallet because no matter how good a software wallet is, it does not guarantee 100% of the assets will be safe because it is still possible to connect to the internet.
Compared to the wallets mentioned, I think Unstoppable Wallet is better. Maybe because I am familiar with Unstoppable and may not have used Best Wallet.
An open source wallet allows developers to get feedback from users to fix any shortcomings that occur.

Yes, it is good to use a hardware wallet but they are also not 100% safe either, and if the wallet is good there's also a role you need to play as the wallet owner for you to get the needed safety.
Using an open-source and fully verified hardware wallet is good, but the best safety measure wallet is still the air-gap wallet.
I heard a lot of good things about the Unstoppable wallet but I never looked into it deeper.

Quote from: Z-tight on February 02, 2025, 10:17:23 PM

Quote from: suzanne5223 on January 31, 2025, 10:07:19 PM

It is good to use an open-source wallet for better safety options. However, a wallet has been an open-source wallet is not enough to guarantee the wallet as the best or good crypto wallet.

Open source simply means that the code is open and anyone can verify it, using an open source wallet is not foolproof, but it is obviously better than using a closed source wallet that nobody has verified. An open source wallet that is well reviewed and self custodial is surely better than a closed source wallet, however your funds is only as safe as the device it is stored in, so for better security the wallet should be used in an airgapped device and the user must have good opsec.

I agree with you but some people seem to be missing the disadvantage of open-source wallets and somehow believe once it is open-source it is good to go.