This is the worry. If there is the hardware ability to connect to a network, you can bet that there will be backdoors. I am wise enough over the past 3 years to know, not only is this possible, I am willing to bet that it is already present and dorment. Like I said, when companies claim "open source", they are almost never top to bottom open source, including their firmware.
Personally, I only trust my old laptop with ethernet modules disabled, with my own code to generate the keys. And I dont use it for transactions - only to accumulate crypto for long term. When I need to ever move it out for any reason, then I will do it from a different computer, and move the remaining remaining crypto into a new similar secure wallet.
That's pretty safe, I agree. Unfortunately a bit too technical for general folks though.
IOG who are the primary builders of Cardano have been talking about making a simple offline paper wallet that is open source so regular joes can use that too. We'll see what happens.
This is the worry. If there is the hardware ability to connect to a network, you can bet that there will be backdoors. I am wise enough over the past 3 years to know, not only is this possible, I am willing to bet that it is already present and dorment. Like I said, when companies claim "open source", they are almost never top to bottom open source, including their firmware.
Personally, I only trust my old laptop with ethernet modules disabled, with my own code to generate the keys. And I dont use it for transactions - only to accumulate crypto for long term. When I need to ever move it out for any reason, then I will do it from a different computer, and move the remaining remaining crypto into a new similar secure wallet.
But thats just me.
That's pretty safe, I agree. Unfortunately a bit too technical for general folks though.
IOG who are the primary builders of Cardano have been talking about making a simple offline paper wallet that is open source so regular joes can use that too. We'll see what happens.