Does anyone here use or have used Safepal?

[rdluffy]

I'm looking for a second hardwallet and in my research I came across Safepal
I found 2 very interesting models and the price is very good
There's one for 49 dollars and another for 69

   

If anyone has or has had one and could give an opinion, I'd appreciate it

[Charles-Tim]

It is a close source hardware wallet.

You can only use it with its app and not with other wallets like Electrum and others. I do not know if this has changed about the wallet. But on if its disadvantages I knew about it then.

As a bitcoin user, it is one of the wallets that I can never buy.

I prefer open source wallets

[rdluffy]

It is a close source hardware wallet.

You can only use it with its app and not with other wallets like Electrum and others. I do not know if this has changed about the wallet. But on if its disadvantages I knew about it then.

As a bitcoin user, it is one of the wallets that I can never buy.

I prefer open source wallets

Hum...I thought it is open source
It's weird because they wrote on page of X1:


Source https://www.safepal.com/en/store/x1


I'll try to find more info about

[Charles-Tim]

Hum...I thought it is open source
It's weird because they wrote on page of X1:

Do not mind everything you read online. Google or search engines are not the best place to know if a wallet is open source or close source. It is better you check for their code where it is published, like on GitHub. If you can not do that, this site can give you details about wallet, including if it is open source or close source:

https://walletscrutiny.com/

For SafePal:
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=Safepal%20

[rdluffy]

Hum...I thought it is open source
It's weird because they wrote on page of X1:

Do not mind everything you read online. Google or search engines are not the best place to know if a wallet is open source or close source. It is better you check for their code where it is published, like on GitHub. If you can not do that, this site can give you details about wallet, including if it is open source or close source:

https://walletscrutiny.com/

For SafePal:
https://walletscrutiny.com/?platform=allPlatforms&page=0&query-string=Safepal%20

Thanks for the info
It's really quite confusing, Safepal gives the impression that their wallet is open source from their website

I'll try to get in touch with them and I'll post here if I have answer
Do you have any indication of a wallet with a good price, similar to this one?

[Charles-Tim]

Do not allows believe what a firm or company is telling you unless you have verified it. This happens a lot in life and in business related to cryptocurrencies. You will see many exchanges also lying that they are decentralized but which is a lie.

Do you have any indication of a wallet with a good price, similar to this one?

Maybe you can go for Trezor Safe 3. Its price is $79. Open source hardware wallet are more expensive.

[rby]

Do not allows believe what a firm or company is telling you unless you have verified it. This happens a lot in life and in business related to cryptocurrencies. You will see many exchanges also lying that they are decentralized but which is a lie.

Does it make sense for an exchange to lie that they are decentralized while they are centralized? You can only lie with something that is not verifiable. I rarely see a situation that a project lies that they are decentralized while they are centralized. At worse they make their code open for scrutiny and audition but an external developer cannot contribute to it.
I remember the case of trust wallet which many people thought their code was open. The situation was because they operated an open software code and later switched to closed, but people couldn’t stop thinking and believing it was open

[Charles-Tim]

I rarely see a situation that a project lies that they are decentralized while they are centralized.

There are many of them. Many of the bitcoin P2P exchanges are not actually decentralized but just very few of them are. You may not know because you may not be able to differentiate between centralized and decentralized exchanges accurately.

Also the altcoins swapping exchanges. They make use of central servers for their profit making reasons. A true decentralized system is not like that. True decentralized systems run nodes instead and something like that like bitcoin, Tor are not common.

[libert19]

After tangem events recently, I don't trust these relatively less popular wallets as much tbh, and I would also recommend trezor safe 3 if you were to get one, as Trezor brand is reputed and their code is open source.

[rdluffy]

Do not allows believe what a firm or company is telling you unless you have verified it. This happens a lot in life and in business related to cryptocurrencies. You will see many exchanges also lying that they are decentralized but which is a lie.

Do you have any indication of a wallet with a good price, similar to this one?

Maybe you can go for Trezor Safe 3. Its price is $79. Open source hardware wallet are more expensive.

I checked on trezor website, but it's out of stock



I'll wait

[rby]

I rarely see a situation that a project lies that they are decentralized while they are centralized.

There are many of them. Many of the bitcoin P2P exchanges are not actually decentralized but just very few of them are. You may not know because you may not be able to differentiate between centralized and decentralized exchanges accurately.

It is near impossible for an ordinary user who sees only through the screen to differentiate between a centralized and a decentralized exchange. A novice can only spot the difference with keen observation, especially about the user friendliness of the platform. My curiosity is that, if a centralized exchange claims to be decentralized, at least there should be developers to test and refute their claims.

Also the altcoins swapping exchanges. They make use of central servers for their profit making reasons. A true decentralized system is not like that. True decentralized systems run nodes instead and something like that like bitcoin, Tor are not common.

A platform which says they are decentralized shouldn’t host in a central server. It is a bad practice

[Charles-Tim]

My curiosity is that, if a centralized exchange claims to be decentralized, at least there should be developers to test and refute their claims.

No need for any developer to refute the claim because people that are not developers also can also easily know if a site is decentralized or not. Example is that you can know that VPN service providers are centralized but Tor is decentralized. Only what developers are needed for is to check if the source codes they use is truly open source and not vulnerable. I mean without developers, many of them are obvious that they are centralized.

[libert19]

I rarely see a situation that a project lies that they are decentralized while they are centralized.

There are many of them. Many of the bitcoin P2P exchanges are not actually decentralized but just very few of them are. You may not know because you may not be able to differentiate between centralized and decentralized exchanges accurately.

It is near impossible for an ordinary user who sees only through the screen to differentiate between a centralized and a decentralized exchange. A novice can only spot the difference with keen observation, especially about the user friendliness of the platform. My curiosity is that, if a centralized exchange claims to be decentralized, at least there should be developers to test and refute their claims.

As far as I understand, cexes are where exchange holds user funds and dexes are where you are in custody of your funds.

Cex would have login system like username/email + password and cex server authenticates and gives you access while on dexes you can login using your wallet and some may have their own wallet system where you are given wallet keys, so even if frontend were to be down you would not lose access to your funds.

Also, dexes run on blockchain where everything you do is recorded on blockchain — at least this is case with EVM dexes, not too sure about platforms like Bisq.

So, it's rather easy to distinguish between two as in the end it boils down to whether you are in custody of your funds or not.

[joniboini]

I'll wait

I just checked the Trezor website, and it seems they restocked it already. It does show out of stock if you view it from a search engine, but you can add them to your cart and checkout just fine.

My curiosity is that, if a centralized exchange claims to be decentralized, at least there should be developers to test and refute their claims.

I'm pretty sure people called them out quite often in social media or forums. They can't do anything if someone deliberately ignores it or doesn't do research on their own. Sometimes, I notice newbies make a new thread asking a similar question, and people explain the key details with no issues.

[rdluffy]

I just checked the Trezor website, and it seems they restocked it already. It does show out of stock if you view it from a search engine, but you can add them to your cart and checkout just fine.

To me it's impossible to add on cart, look:



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