hardware_jgu6 v1.0.0

Hardware

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although hardware wallets are the most secure method of crypto storage, they are also the most expensive method. depending on the hardware wallet, the fee for each transaction can be anywhere from a few hundred satoshis to several hundred satoshis, with hardware that uses a private key instead of a seed. 


hardware wallets are not suitable for storing all your private keys; a hardware wallet should only be used for storing a single key. for example, if you want to store your secret key to access your wallet on a different device, a hardware wallet is not the best way to go. 


all hardware wallets are slow and they are all expensive. excess fees are paid by the user, either in the form of higher transaction fees, or in the form of extra computing power when using a multi-signature address, so these should be considered against the cost of the hardware wallet. 


in addition to the cost, hardware wallets have a less secure user interface as compared to software wallets. most hardware wallets do not have an easy user interface; they are usually out of the way and have a lot of buttons on them. hardware wallets are also less user friendly, as they require users to insert their private keys into the wallet, which is not as straightforward as using a software wallet.


you can pick up a hardware wallet for about $100 on the internet. you should be very careful when buying a hardware wallet because there are a lot of fake wallets on the market. if you do not have a lot of money to spend, you can use the desktop wallets that are available in most linux distributions. 84d34552a1