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25 sats \ 0 replies \ @joko 12 Dec 2022 \ on: $10 bitcoin Hardware Wallet, DIY/FOSS/ESP32/easy build! 📺 bitcoin
Really cool concept! I guess we have found the lower bound of how cheap we can make something that holds your keys. Good luck making something cheaper than $10.
Two things i noticed:
- Seed is generated and shown on the host device. Bad idea for obvious reasons
- Password is entered on the host device. Also bad idea for obvious reasons
I don't think there's a reason why both of this couldn't be handled by the device itself - so maybe something for a future update! Even a Jade will be orders of magnitudes more secure, but also 6x as expensive.