MYOBTC on Nostr: Why Bitcoin-Only Wallets Are Best Hardware wallets that support 6,000 ...
Why Bitcoin-Only Wallets Are Best
Hardware wallets that support 6,000 shipcoins/altcoins need to have much more complicated hardware and software than wallets that support just BTC. This increased complexity results in a much wider attack surface, which makes the wallet less safe for ALL coins.
By contrast, Bitcoin itself has extremely good native security, both for single sig and multisig, which Bitcoin-only hardware and software wallets can leverage.
https://youtu.be/qS2snVAYUrEPublished at
2023-05-26 09:04:21 GMTEvent JSON
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"pubkey": "33a5782e9590e3898eccb9d18b439cc2e568f6111a313f08c29047b1b504d255",
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"content": "Why Bitcoin-Only Wallets Are Best\n\nHardware wallets that support 6,000 shipcoins/altcoins need to have much more complicated hardware and software than wallets that support just BTC. This increased complexity results in a much wider attack surface, which makes the wallet less safe for ALL coins.\n\nBy contrast, Bitcoin itself has extremely good native security, both for single sig and multisig, which Bitcoin-only hardware and software wallets can leverage.\n\nhttps://youtu.be/qS2snVAYUrE",
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