Sorta, but unless you want source for the chip, there likely isn't anything that interesting you can learn from looking at traces, even with pins labeled. Compe

Sorta, but unless you want source for the chip, there likely isn't anything that interesting you can learn from looking at traces, even with pins labeled. Competitors probably already do this for every new, interesting device. The biggest risk is probably device security, but you can't really depend on pinouts being secret for that.