This year 2026 has certainly been the year in which we have witnessed large scale attacks on third party hardware devices: Coldcard, Ledger, Trezor, etc.
Is better to return to basics?
I love using Electrum and all those open source wallets whose source code is reviewed by the open source community and is therefore thoroughly controlled. I generate my own keys and passwords entirely offline and keep them offline.
Could this be the way to regain security and full confidence in using Bitcoin?
It really depends on who holds the bitcoin and where he wants to put it in the wallet. Now, if it's Electrum, for me it's fine and it's even safer to use due to if it's offline it's not close to the risk but far from the risk.
And many people use electrum and I also think that apart from electrum, the cake wallet is also good to use if I compare it to other wallets according to my experience.
Quote from: naturelover on Oct 14, 2026, 02:44 PMIt really depends on who holds the bitcoin and where he wants to put it in the wallet. Now, if it's Electrum, for me it's fine and it's even safer to use due to if it's offline it's not close to the risk but far from the risk.
And many people use electrum and I also think that apart from electrum, the cake wallet is also good to use if I compare it to other wallets according to my experience.
I agree, in my view, all those wallets that allow full control over your keys and the addition of a passphrase are preferable to third-party hardware wallets. It seems that everything can be compromised these days.
Quote from: Italian Panic on Oct 19, 2026, 07:45 AMQuote from: naturelover on Oct 14, 2026, 02:44 PMIt really depends on who holds the bitcoin and where he wants to put it in the wallet. Now, if it's Electrum, for me it's fine and it's even safer to use due to if it's offline it's not close to the risk but far from the risk.
And many people use electrum and I also think that apart from electrum, the cake wallet is also good to use if I compare it to other wallets according to my experience.
I agree, in my view, all those wallets that allow full control over your keys and the addition of a passphrase are preferable to third-party hardware wallets. It seems that everything can be compromised these days.
In addition to what you said, we also need to be careful, especially recently there was news where it seems that a hardware wallet on a cryptobilis platform that is sold, like an amazon platform, was compromised.
If this hardware wallet has had a problem, then especially with wallets that are hot or cold, it is more prone to danger, but if we are careful even if the wallet we use is not hd, for sure the assets we put in the wallet will still be safe.