Friendly reminder: When using a hardware wallet you are trusting that the hardware wallet company hasn’t been corrupt before the day your hardware wallet was shipped to you.

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Keep in mind:

  • 100{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} of your funds can be easily stolen by the hardware wallet company at any time (given that they were corrupt before your wallet was shipped), for example with a manipulated random number generator.

  • Thousands of positive reviews about a hardware wallet don't mean much since a corrupt hardware wallet company probably wouldn't steal from 99{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} of users but from the richest 1{88c91daedd271a990a10650c05d769cae2765e0603edf30ca95f18704e5748e8} or so. Furthermore, they'd probably wait with their attack some years.

  • That said: I'm a big fan of Ledger Nano S and using it 🙂 However, I'm looking forward to some kind of combination of different hardware wallets to do multisig.

submitted by /u/InstantGangBonus
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $31180.03 USD  (via Coinbase)
1 ETH = $1278.66 USD  (via Coinbase)
1 LTC = $129.15 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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