Crypto researcher ZachXBT criticized hardware wallets on Thursday, calling them unreliable for signing transactions or storing meaningful funds.
In his opinion, all hardware wallet solutions available today fall short in terms of security and ease of use, making them unsuitable for high-stakes operations.
He recommends using a dedicated iPhone solely as a signing device, unmounted for wallet purposes only. This approach, he said, provides better control and fewer vulnerabilities than traditional hardware wallets, though he added the heavy caveat: “Only do this if you don’t have low iq.”
The investigator singled out Ledger as the worst offender, pointing to frequent Ledger Live updates that unnecessarily overhaul the user interface and apps, often breaking basic features in the process. The post quickly sparked debate ion crypto social media, with users sharing their own experiences with hardware wallet frustrations.
