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5 sats \ 0 replies \ @03365d6a53 15 Jun 2023 \ on: Which one is safe and secured hardware wallet? bitcoin
Coldcard mk4
Problems with other wallets:
- Trezor can be physically hacked (requires strong pin and passphrase to mitigate)
- Bitbox will save your backup onto a removable SD card, which you would then need to destroy every time you use it (unless you're happy with the physical attack risk)
- Ledger will happily extract and send your seed over the internet to 3rd party custodians
Look for a hardware wallet with these properties:
- It is IMPOSSIBLE to extract the seed
- No means of physical attack (except exponential PIN timeout)
- No history of supporting KYC