RealJohnDoe on Nostr: If it's a small amount a hot wallet would be okay to start with. A hot wallet just ...
If it's a small amount a hot wallet would be okay to start with.
A hot wallet just means a wallet that connects directly to the internet.
Electrum is a good educational type desktop hot wallet. So is Sparrow wallet. You can learn a lot from using either of those wallets or both.
Eventually you need to move to a cold storage wallet. I wouldn't trust anything that isn't open source. And I don't personally like secure elements. Because they're not open source.
I consider them all just a backdoor. On the other hand. Most of them are good enough with additional security measures. Like a high entropy bip39 passphrase..🧡😊
Published at
2023-11-02 19:53:08Event JSON
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"content": "If it's a small amount a hot wallet would be okay to start with. \n\nA hot wallet just means a wallet that connects directly to the internet.\n\nElectrum is a good educational type desktop hot wallet. So is Sparrow wallet. You can learn a lot from using either of those wallets or both.\n\nEventually you need to move to a cold storage wallet. I wouldn't trust anything that isn't open source. And I don't personally like secure elements. Because they're not open source.\n\nI consider them all just a backdoor. On the other hand. Most of them are good enough with additional security measures. Like a high entropy bip39 passphrase..🧡😊",
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