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Hardware wallets sorted by use case. Paper backups buried in the backyard. Your seed phrase split between ten friends. lukas at Rare Evo: A Blockchain Event on why that is the industry's failure and not the user's.

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Multiversᕽ

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33,316 Aufrufe • vor 17 Tagen •via X (Twitter)

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YOUR HARDWARE WALLET SUCKS. PERIOD. ZachXBT just said what we've known for years: hardware wallets are garbage. We won't go as far but we surely feel they are not for everyone. They are for advanced users and by no means for wallets that are meant to be accessed frequently. There is one thing hardware wallets are good at: that is keeping crypto secure if someone physically trying to rip private keys (those that give you access to crypto) out of the chip. The reality is that attack almost never happens!😀 When it comes to the attacks that actually drain wallets, hardware wallets make them worse: >> 1. NOT DISCREETE The moment someone sees that little device, you're a confirmed high-value target. >> 2. LEAKED EMAILS AND ADDRESSES Buying one doxxed thousands of people. Leaked customer databases with the real names and home addresses. You just joined a phishing hit list. Emails targeting hardware wallet owners are now so convincing that even veterans get fooled. Privacy can't fail harder than that. >> 3. PAPER BACKUPS You still write your keys on paper. The seed phrase backup negates the entire point of the device. BTW, mobile wallets already moved on: Unstoppable now has passkey wallets allowing to create and restore with zero seed phrase, secured by your device. That will likely become the golden standard in the future. >> 4. YOUR PHONE ALREADY HAS A VAULT Your phone is designed for security. There's a state of the art secure storage chips in your pocket already. Apple and Google built isolated secure elements to guard the most sensitive data in your life. If integrated right by the devs, it's the most battle-tested security hardware on earth. >> 5. MOBILE APP = DISCREETE Nobody knows you're carrying a vault. A phone is the most discreet way to hold crypto. >> 6. MOBILE APPS CAN BUILT CREATIVE SECURITY FEATURES The mobile OS allows many possibilities for secure use. Hardware wallets are meant to stay primitive by design and therefore can't ship security features that are are needed. - Your wallet can wear a disguise. Some wallet apps look like calculators. - Unstoppable's Duress Mode gives you unlimited unlock PINs - under coercion, you show a decoy and keep the rest invisible. - Unstoppable's phishing protection catches look-alike addresses before you send - blocking the #1 way people actually lose crypto today. Hardware wallets solved 2015's problem. Your phone solves 2026's. MOBILE WALLETS ARE THE FUTURE!
0:26

YOUR HARDWARE WALLET SUCKS. PERIOD. ZachXBT just said what we've known for years: hardware wallets are garbage. We won't go as far but we surely feel they are not for everyone. They are for advanced users and by no means for wallets that are meant to be accessed frequently. There is one thing hardware wallets are good at: that is keeping crypto secure if someone physically trying to rip private keys (those that give you access to crypto) out of the chip. The reality is that attack almost never happens!😀 When it comes to the attacks that actually drain wallets, hardware wallets make them worse: >> 1. NOT DISCREETE The moment someone sees that little device, you're a confirmed high-value target. >> 2. LEAKED EMAILS AND ADDRESSES Buying one doxxed thousands of people. Leaked customer databases with the real names and home addresses. You just joined a phishing hit list. Emails targeting hardware wallet owners are now so convincing that even veterans get fooled. Privacy can't fail harder than that. >> 3. PAPER BACKUPS You still write your keys on paper. The seed phrase backup negates the entire point of the device. BTW, mobile wallets already moved on: Unstoppable now has passkey wallets allowing to create and restore with zero seed phrase, secured by your device. That will likely become the golden standard in the future. >> 4. YOUR PHONE ALREADY HAS A VAULT Your phone is designed for security. There's a state of the art secure storage chips in your pocket already. Apple and Google built isolated secure elements to guard the most sensitive data in your life. If integrated right by the devs, it's the most battle-tested security hardware on earth. >> 5. MOBILE APP = DISCREETE Nobody knows you're carrying a vault. A phone is the most discreet way to hold crypto. >> 6. MOBILE APPS CAN BUILT CREATIVE SECURITY FEATURES The mobile OS allows many possibilities for secure use. Hardware wallets are meant to stay primitive by design and therefore can't ship security features that are are needed. - Your wallet can wear a disguise. Some wallet apps look like calculators. - Unstoppable's Duress Mode gives you unlimited unlock PINs - under coercion, you show a decoy and keep the rest invisible. - Unstoppable's phishing protection catches look-alike addresses before you send - blocking the #1 way people actually lose crypto today. Hardware wallets solved 2015's problem. Your phone solves 2026's. MOBILE WALLETS ARE THE FUTURE!

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Almost a decade of Cardano, and a community that keeps showing up. Rare Evo: A Blockchain Event began as a Cardano gathering. Today it is one of America's largest blockchain conferences, and Cardano was there in full force. We spent two days welcoming newcomers and making the case for why Cardano is worth building on right now.

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Did you know that Trezor invented seed phrases that over 300 million hardware wallets use today? "The seed phrase, the wallet backup, the way you write down those 12, 20, 24 words, was actually invented by Trezor, the original founders. That is BIP39." This was an absolute gem of an insight from Trezor CEO Matej Zak on our latest Chain Reaction show. Check out the full interview in the comments with myself and Robert Baggs for Cointelegraph 👇
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Did you know that Trezor invented seed phrases that over 300 million hardware wallets use today? "The seed phrase, the wallet backup, the way you write down those 12, 20, 24 words, was actually invented by Trezor, the original founders. That is BIP39." This was an absolute gem of an insight from Trezor CEO Matej Zak on our latest Chain Reaction show. Check out the full interview in the comments with myself and Robert Baggs for Cointelegraph 👇

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In the split-second your parachute fails and death screams toward you at 120mph… Evo Cross on your back is the only thing between you and the ground. No panic. Just preparation. One pull. Second chance. That’s not courage. That’s confidence.
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In the split-second your parachute fails and death screams toward you at 120mph… Evo Cross on your back is the only thing between you and the ground. No panic. Just preparation. One pull. Second chance. That’s not courage. That’s confidence.

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“Why Seed Phrase Wallets Keep Getting Hacked — and What Comes Next” Most people think their cold wallet is safe. Most people are wrong. Soft wallets & hardware wallets that use seed phrase backups like Ledger, Trezor, Tangem etc. all have publicly known attack vectors. Let's break them down — without the marketing sugar. 1/ Ledger: Customer Database Breach (2020,) +272,000 full names, phone numbers, addresses leaked. Not the hardware — but the humans behind it. Result: phishing, extortion, SIM swaps…and fear. 2/ This was not a one-time slip. It permanently destroyed the idea that Ledger = privacy. 3/ Ledger Connect Kit Attack (2023) Hackers injected malicious code into Ledger’s JavaScript library. Thousands of dApps were affected. Yes — thousands. 4/ Cold wallet wasn’t hacked directly. But the supply chain was. That’s even worse. 5/ Ledger Nano S “Unhackable” Myth Researchers proved firmware could be replaced via MCU-level exploits. So much for “impossible to extract keys.” 6/ 2026 - Ledgers payment provider was hacked with all users data
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“Why Seed Phrase Wallets Keep Getting Hacked — and What Comes Next” Most people think their cold wallet is safe. Most people are wrong. Soft wallets & hardware wallets that use seed phrase backups like Ledger, Trezor, Tangem etc. all have publicly known attack vectors. Let's break them down — without the marketing sugar. 1/ Ledger: Customer Database Breach (2020,) +272,000 full names, phone numbers, addresses leaked. Not the hardware — but the humans behind it. Result: phishing, extortion, SIM swaps…and fear. 2/ This was not a one-time slip. It permanently destroyed the idea that Ledger = privacy. 3/ Ledger Connect Kit Attack (2023) Hackers injected malicious code into Ledger’s JavaScript library. Thousands of dApps were affected. Yes — thousands. 4/ Cold wallet wasn’t hacked directly. But the supply chain was. That’s even worse. 5/ Ledger Nano S “Unhackable” Myth Researchers proved firmware could be replaced via MCU-level exploits. So much for “impossible to extract keys.” 6/ 2026 - Ledgers payment provider was hacked with all users data

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Played Bison Valley demo at Rare Evo: A Blockchain Event and it was blast! Nostalgic design featuring Charles Hoskinson and his beloved Nike pig.🐖 The game showcases Cardano technology and has its own economy and community, where you use $CHARLES to feed your Bisons and compete for sweet rewards.

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GM friends! ☀️ We’re excited to announce that Trezor hardware wallet support is now live on the ZKX Wallet | The Secure and Private Wallet 🗽 Web App. You can now plug in and trade securely with: 👉Ledger devices 👉Trezor devices 👉Keystone and other QR-based hardware wallets Just connect your hardware wallet and securely trade PulseChain and other EVM assets at 🔗
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GM friends! ☀️ We’re excited to announce that Trezor hardware wallet support is now live on the ZKX Wallet | The Secure and Private Wallet 🗽 Web App. You can now plug in and trade securely with: 👉Ledger devices 👉Trezor devices 👉Keystone and other QR-based hardware wallets Just connect your hardware wallet and securely trade PulseChain and other EVM assets at 🔗

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"This phrase made so famous by Thomas Jefferson, 'There's a wall of separation between the church and the state,' that's actually not a phrase that Baptists themselves used." From my In the Library conversation that released yesterday. Link:
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"This phrase made so famous by Thomas Jefferson, 'There's a wall of separation between the church and the state,' that's actually not a phrase that Baptists themselves used." From my In the Library conversation that released yesterday. Link:

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I can report that the only thing being served at the MAHA event at the White House is ice water, naturally flavored. Not a seed oil in sight.
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I can report that the only thing being served at the MAHA event at the White House is ice water, naturally flavored. Not a seed oil in sight.

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Seed phrases were meant to make self-custody possible. In practice they got lost in house fires, leaked from the cloud, screenshotted into oblivion, and thrown into landfills. That is a museum of failure. So we built one. Welcome to the Seed Phrase Museum.
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Seed phrases were meant to make self-custody possible. In practice they got lost in house fires, leaked from the cloud, screenshotted into oblivion, and thrown into landfills. That is a museum of failure. So we built one. Welcome to the Seed Phrase Museum.

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'To our friends in Russia' — Lindsey Graham bites lips in GLEE 'You'll be up against high-end American weapons This war coming to your backyard' At which point was that not the case?

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🚨Mamdani responding to renewed criticism re: refusal to condemn ‘globalize the intifada’ slogan: “I continue to discourage the use of that phrase, a phrase that I do not use myself, and I continue to focus on the work at hand of keeping Jewish New Yorkers safe in the city.”
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🚨Mamdani responding to renewed criticism re: refusal to condemn ‘globalize the intifada’ slogan: “I continue to discourage the use of that phrase, a phrase that I do not use myself, and I continue to focus on the work at hand of keeping Jewish New Yorkers safe in the city.”

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The most powerful words on the benefits of failure. “Some failure in life is inevitable. It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all—in which case, you fail by default.” —J.K. Rowling
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The most powerful words on the benefits of failure. “Some failure in life is inevitable. It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all—in which case, you fail by default.” —J.K. Rowling

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A month ago i got hacked. YES for real. It wasn’t funny at all because i needed the money for important things. The hacker got access to my seed phrase and that was it, funds gone! But if i had put that funds in a hardware wallet, all that wouldn’t have happened. In the course of that incident i started doing my research and discovered ERA Wallet a hardware wallet. I took my time to understand how it works and what made it different from other hardware wallets And eventually compared its features too. Most of my research are in the video 👇 WATCH in 1080p for better quality.
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A month ago i got hacked. YES for real. It wasn’t funny at all because i needed the money for important things. The hacker got access to my seed phrase and that was it, funds gone! But if i had put that funds in a hardware wallet, all that wouldn’t have happened. In the course of that incident i started doing my research and discovered ERA Wallet a hardware wallet. I took my time to understand how it works and what made it different from other hardware wallets And eventually compared its features too. Most of my research are in the video 👇 WATCH in 1080p for better quality.

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