Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Wallets => Topic started by: dkbit98 on January 01, 2024, 12:22:34 PM

Title: Open Source Hardware Wallets
Post by: dkbit98 on January 01, 2024, 12:22:34 PM
Open source software is made freely and available for possible modification and redistribution by anyone.
Bitcoin is open source and I think that Hardware wallets should also be Open Source so that everyone can check and verify their code.
Not all wallets are open source, and who knows what code they have and if someone can post firmware update with big bug or malicious code.

Hardware wallets with Open Source firmware:

Coolwallet Pro (https://github.com/CoolBitX-Technology/coolwallet-pro-se), Coldcard (https://github.com/Coldcard) and Safepal X1 (https://github.com/SafePalWallet/safepal-x1) devices are source available, NOT open source.

* based on modified Trezor code
** based on ColdCard code
c open source hardware certified by OSHWA (https://certification.oshwa.org/)
r firmware reproduced by walletscrutiny (https://walletscrutiny.com/?verdict=reproducible&platform=hardware) or bitcoinbinary (https://bitcoinbinary.org/).

DIY Open Source Hardware wallets (signing devices) (only for advanced users):

sd Signing Device without permanent storage.


You can check and verify if someone managed to reproduce firmware for this hardware wallets using two websites walletscrutiny (https://walletscrutiny.com/?verdict=reproducible&platform=hardware) and bitcoinbinary (https://bitcoinbinary.org/).


Open Source can also have bugs, and code should be verified and checked before installing.
If anyone knows any other open source hardware wallet please post it here so I can update my list and make corrections.
Title: Re: Open Source Hardware Wallets
Post by: Ambatman on January 01, 2024, 01:39:17 PM
Quote
Open Source can also have bugs, and code should be verified and checked before installing.
that's why it's recommended since one can tell if there exist a bug when properly verified and corrections can be made.
The list must be well researched, you mentioned most, including some I am not familiar with. If am going to add then
Coldcard
Ledger but currently located a vulnerability they working on.
Safepal X1, S1 and the pro
Etc

You mentioned foundation passport is using Coldcard old code am curious why you didn't add Coldcard to your list.
Title: Re: Open Source Hardware Wallets
Post by: dkbit98 on January 01, 2024, 11:41:25 PM
Quote from: Ambatman on January 01, 2024, 01:39:17 PM
You mentioned foundation passport is using Coldcard old code am curious why you didn't add Coldcard to your list.
I didn't add coldcard wallet because they are not open source wallet anymore, and they sadly have mentally unstable owner nvk.
Coldcard decided to change license to common clause, and that is not open source license, they even false advertised for months:
https://commonsclause.com
Title: Re: Open Source Hardware Wallets
Post by: Ambatman on January 02, 2024, 07:02:59 PM
Wow i never knew.is there any substantial benefits in changing to common clause.they should be informed that most customers use their products because its open source.

Not a user of any hardware wallet for now since i don't really think i have enough Bitcoin to deserve it, only have theoretical knowledge about hardware wallets.
Title: Re: Open Source Hardware Wallets
Post by: Zed0X on January 05, 2024, 03:39:58 PM
The list is more than what I was expecting. I think this thread needs to be pinned.

Quote from: Ambatman on January 02, 2024, 07:02:59 PM
Not a user of any hardware wallet for now since i don't really think i have enough Bitcoin to deserve it, only have theoretical knowledge about hardware wallets.
Do not be mistaken. Hardware wallets also support altcoins. Even Trezor, which became widely known as the top HW for BTC, can now accept ETH, DOGE, LTC, and other cryptos. You can visit their website to check which wallet is compatible.
Title: Re: Open Source Hardware Wallets
Post by: Hatchy on January 06, 2024, 04:20:04 PM
Quote from: Zed0X on January 05, 2024, 03:39:58 PM
Do not be mistaken. Hardware wallets also support altcoins. Even Trezor, which became widely known as the top HW for BTC, can now accept ETH, DOGE, LTC, and other cryptos. You can visit their website to check which wallet is compatible.
Yes, many hardware wallets support multiple cryptocurrencies. These wallets are designed to be versatile and compatible with various coins and tokens. Popular hardware wallets such as Ledger andTrezor, for example, have the capability to store a wide range of cryptocurrencies. Just as @ZedoX have said, it's important to check the list of supported cryptocurrencies on the official website of the wallet provider.
Title: Re: Open Source Hardware Wallets
Post by: Z-tight on January 08, 2024, 04:02:29 PM
Quote from: Ambatman on January 02, 2024, 07:02:59 PM
Not a user of any hardware wallet for now since i don't really think i have enough Bitcoin to deserve it, only have theoretical knowledge about hardware wallets.
I have heard people say this only to find out that they own a very good amount in BTC, but still do not think it is worth getting a hardware wallet for, i think for someone with > $1k worth of BTC, it may be a good idea to get yourself a hardware wallet.

It may be worth mentioning that you can also set up an airgapped wallet if you don't want to spend money on a hardware wallet, if you know what you are doing and do everything right, it is as safe as a hardware wallet.
Title: Re: Open Source Hardware Wallets
Post by: paid2 on February 10, 2024, 11:30:44 AM
Quote from: Z-tight on January 08, 2024, 04:02:29 PM
I have heard people say this only to find out that they own a very good amount in BTC, but still do not think it is worth getting a hardware wallet for, i think for someone with > $1k worth of BTC, it may be a good idea to get yourself a hardware wallet.

In my opinion there is no universal amount. $1k might not seem a lot to someone in the US, but a real fortune to someone in a third world country, for example.

I think that as long as you can't afford to lose your btc without it having real consequences on your personal life, you need to have either a hardware wallet or a clean airgapped computer, even if it is only $500 for example.


I'm increasingly curious about pitrezor. I think I'll try to make one for myself, just to see how it goes. It looks super easy to do btw
Title: Re: Open Source Hardware Wallets
Post by: ABCbits on February 15, 2024, 11:35:40 AM
Quote from: dkbit98 on January 01, 2024, 12:22:34 PM
   
  • Coolwallet Pro SE (? source-available)   (https://github.com/CoolBitX-Technology/coolwallet-pro-se)

It's definitely only source-available since the license explicitly mention it's only allowed for non-commercial use which doesn't meet open source definition.

Quote from: paid2 on February 10, 2024, 11:30:44 AM
Quote from: Z-tight on January 08, 2024, 04:02:29 PM
I have heard people say this only to find out that they own a very good amount in BTC, but still do not think it is worth getting a hardware wallet for, i think for someone with > $1k worth of BTC, it may be a good idea to get yourself a hardware wallet.

In my opinion there is no universal amount. $1k might not seem a lot to someone in the US, but a real fortune to someone in a third world country, for example.

I think that as long as you can't afford to lose your btc without it having real consequences on your personal life, you need to have either a hardware wallet or a clean airgapped computer, even if it is only $500 for example.

And i'd go as far as saying it's still worth it even if total value of your coin is only slightly higher than price of the hardware wallet itself.