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> You can avoid the risk of destruction by redundantly storing the secret. Not disagreeing with you but then there are two places (or more) where the secret ca
by TacticalCoder 5y ago
> You can avoid the risk of destruction by redundantly storing the secret.
Not disagreeing with you but then there are two places (or more) where the secret can be found and your funds stolen. As to having, in addition to that, a hardware wallet makes for yet another potential attack vector: is the hardware wallet unlocked by your fingerprint? Is the fingerprint reader secure? Is it protected by a PIN? How safe is your PIN? Is the HSM in the hardware wallet really unbreakable and really erasing everything after three tries and no attacker can bypass that?
- gh55 5y agoYou're quite right, there are risks with everything in life. I believe a hardware wallet to be far more secure than online banking. I think you'll find this interesting: https://trezor.io/shamir/ https://trezor.io/shamir/