TechMalak

With respect to the Ledger controversy, I say the following: 1) always choose open source software whenever possible that has been audited by numerous sources on a regular basis 2) security comes from simplicity- Design the smallest possible footprint 3) non-updateable firmware is important when a company makes specific promises about their security model. Yubikey for example follows this concept support.yubico.com/hc/en-us/… while it would be difficult to replicate this idea for cryptocurrencies. Decentralizing the process of updates would greatly enhance security 4) people buy hardware wallets to maximize the personal security of their funds. They don't buy them for daily use or expect an equivalent user experience to hot wallets. 5) the hardware wallet space is the most extreme example of self custody. We could just as easily PGP encrypt some seeds and leave them in Gmail. We choose to use hardware wallets because they guarantee that the private keys stay in one place on hardware that's hard to tamper with 6) don't break social contracts