Sounds like a cool option!
I’m not an expert on cold wallets but the 2 concerns I see right now are:
Reliance on centralized software, if the wallet can only be used through one centralized software and that software is compromised then it could be a problem.
Seed phrases being cracked by computing, as computing gets better I feel like it may be able to crack these shorter seed phrases (12 words) and get into wallets.
I’m sure there are some other concerns that I should be aware of but those are the 2 that come to mind.
learnaboutbit / Learn About Bit
npub12h…d9cgq
2025-12-24 16:44:40 UTC
in reply to nevent1q…0dk2
Author Public Key
npub12h2pk4fg6gp4erd22593as03ddmx8h9ed96xpdqm77m7rh3fp4dsrd9cgqSeen on
wss://relay.damus.ioPublished at
2025-12-24 16:44:40 UTCEvent JSON
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"kind": 1,
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"content": "Sounds like a cool option! \n\nI’m not an expert on cold wallets but the 2 concerns I see right now are:\n\nReliance on centralized software, if the wallet can only be used through one centralized software and that software is compromised then it could be a problem.\n\nSeed phrases being cracked by computing, as computing gets better I feel like it may be able to crack these shorter seed phrases (12 words) and get into wallets.\n\nI’m sure there are some other concerns that I should be aware of but those are the 2 that come to mind.",
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}