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Author Topic: Open source Hardware Wallet instead of ledger recommendable?  (Read 447 times)
BTCtalker3000 (OP)
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June 11, 2020, 03:19:39 PM
 #1

Just to diversify any risks, would you recommend using an open source hardware wallet in addition to a ledger? And if so, which one is "the best"?
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June 11, 2020, 07:13:41 PM
 #2

I think the two major de facto competitors with crypto hardware wallets are Trezor and ledger (those are always the ones discussed the most and seem to have the strongest appeal to people for usability and security).

Trezor itself is open source ans their device hardware specs are published on their github repos so you could go and get your own device printed without them (but it'll cost you a bit more and may not necessarily be more secure)

A lot of open source projects have a faster community support and faster patches, they're also quite a bit easier to test for bugs if necessary but while both trezor and ledger remain with a large development and maintenance team this might not yet be something to consider (unless or until ledger look to be cutting back on the amount they spend to maintain their device and software security but by that point they might open source the whole thing anyway - it'd be the responsible thing to do imo).
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June 12, 2020, 07:30:13 AM
 #3

I think that the majority of hardware wallet users are divided in two camps. Either Trezor or Ledger. In some cases you will find that certain users use both brands for different purposes. I think percentage wise, taking into account all hardware wallet users, 80% (maybe more) use either Ledger or Trezor. Ledger is not fully open-sourced but most of it is. Only the part concerning the secure element is kept private. 

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June 13, 2020, 10:20:11 AM
 #4

 
Just to diversify any risks, would you recommend using an open source hardware wallet in addition to a ledger? And if so, which one is "the best"?

I would consider checking only for cobo hardware wallet as alternative to Ledger.
I would not say it is better than Ledger, but it has some advantages.
It is open source, air-gapped and has detachable battery.
https://github.com/CoboVault

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June 14, 2020, 10:44:49 AM
 #5

Trezor itself is open source ans their device hardware specs are published on their github repos so you could go and get your own device printed without them (but it'll cost you a bit more and may not necessarily be more secure)

Was thinking about the same. There are tutorials for a pi zero and the shopping list is doable. 

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