What exactly can hardware wallets protect against, and what can’t they stop?
Definition: Some hardware wallets use dedicated security chips to protect private keys, with the aim of making physical tampering more difficult.
How they work: Hardware wallets protect against private keys being leaked over the internet. But if users approve a transaction on the device, the device will sign it.
$BTC , held for the long term, is often stored in a hardware wallet, and transfers are signed on the device. Current price: 77332.
Every return comes with a corresponding risk. Think carefully about the worst-case scenario.
#BTC
Definition: Some hardware wallets use dedicated security chips to protect private keys, with the aim of making physical tampering more difficult.
How they work: Hardware wallets protect against private keys being leaked over the internet. But if users approve a transaction on the device, the device will sign it.
$BTC , held for the long term, is often stored in a hardware wallet, and transfers are signed on the device. Current price: 77332.
Every return comes with a corresponding risk. Think carefully about the worst-case scenario.
#BTC
