Vitalik Buterin said that the security of hardware wallets cannot rely on trust alone. $ETH
At the opening of Devcon 8 in Mumbai on November 3, 2026, he stressed that security also requires open source and verifiability.
Buterin believes users should be able to verify that their device is not spying on them and that their hardware wallet has not been fitted with a connectivity chip that leaks private keys. That is why he advocates for more open and verifiable chips.
He added that proving trustworthiness should not require disclosing all personal information, and that zero-knowledge proofs may help protect both privacy and security.
If you keep your assets in a hardware wallet, it may be important to ask about the manufacturer’s transparency and whether your device can be inspected. This doesn’t guarantee complete protection, but it reduces reliance on blind trust.
Bottom line: trust alone isn’t a security plan; verification is.
Do you know what type of chip is inside your hardware wallet? 👇
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