ZachXBT stirred quite the storm with his bold Telegram claim that hardware wallets are total trash for serious crypto moves. 🕷️ According to the on-chain sleuth folks juggling massive sums should consider a dedicated spare iPhone instead for signing in.
ZachXBT Exposes Hardware Wallet Nightmares 🌑
His message hit hard: “Hot take: All hardware wallets are complete garbage and I do not advise using them for important tasks like signing transactions or storing funds,” he declared. He went on saying a lone iPhone as your wallet beats any hardware around while slamming Ledger hard. “Ledger is the worst and Ledger Live has regular updates for UI/apps for no good reason that break simple actions,” ZachXBT pointed out. 📱 Back on X he dropped details outlining the headaches like dead batteries forced updates UI shifts and bugs blocking multisig signs during urgent big trades.
Soon replies flooded in from researchers and devs. Axel Bitblaze nodded at the hardware gripes but worried a phone creates one failure point pushing for 2-of-3 multisig setups instead.
Tornado Cash founder Roman Storm backed the concept yet noted mobile lacks BIP39 passphrase support urging devs to add it for better self-custody. 🦇
Trezor countered that phones with full OS have more attack surfaces while hardware keeps keys isolated.
Keystone saw merit in the isolated phone idea but stressed purpose devices suit most better due to user habits.
Ledger Holds Its Ground 💀
Ledger stayed quiet on the direct callout but posted that their model keeps keys off connected devices. “A private key that never touches the internet can’t be phished deepfaked or prompt-injected out of existence. That’s the whole bet on hardware.”
Still even these can fall to social engineering as seen when one user lost 282 million dollars in BTC and LTC earlier this year. 🖤
Just another echo from the void by iconofsin.eth 💖
