Trezor Chief Commercial Officer Danny Sanders has rejected blockchain investigator ZachXBT’s sweeping criticism of crypto hardware wallets, according to The Block. Earlier this week, ZachXBT said in a Telegram post that “all hardware wallets are complete trash” and should not be used for important tasks such as signing transactions or storing funds. He suggested that users instead rely on a dedicated iPhone for both storage and transaction signing.
Sanders said some of the criticism reflects real user pain points. He acknowledged that firmware and software updates on hardware wallets can sometimes interfere with urgent or large transactions, and he described the user experience as clunky at times. He also said he understands why that can frustrate users.
Still, Sanders argued that dismissing the entire category goes too far. In his view, hardware wallets may not be the best single solution for advanced users managing very large sums, but that does not make them worthless. He added that an iPhone introduces more attack risk through its operating system and connectivity features. For ordinary crypto users, Sanders said, hardware wallets remain the best option currently available for self-custody.
Trezor Chief Commercial Officer Danny Sanders has pushed back against recent criticism of crypto hardware wallets from blockchain investigator ZachXBT, according to The Block.
Earlier this week, ZachXBT wrote in a Telegram post: "All hardware wallets are complete trash and should not be recommended for important tasks like signing transactions or storing funds." He also advised users to use a dedicated iPhone to store funds and sign transactions.
Responding in an interview, Sanders said some of the complaints are grounded in real limitations. He acknowledged that firmware and software updates can at times disrupt urgent or large transactions, and said the user experience can feel clunky. He added that he understands why users find that frustrating.
At the same time, Sanders rejected ZachXBT’s blanket conclusion. He said hardware wallets may not be the best standalone solution for advanced users managing very large amounts of money, but that does not make them “trash.”
Sanders also said an iPhone carries more attack risk than a hardware wallet because of its operating system and connectivity features. For regular crypto users, he said hardware wallets remain the best form of self-custody available today.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
