In the field of Crypto Assets, hardware wallets have always been regarded as the preferred solution for securely storing digital assets. However, recent incidents of hardware wallets being stolen have sparked deep reflection on their security. In fact, hardware wallets are not as unbreakable as one might imagine.

Many hardware wallets come pre-installed with software, which undoubtedly provides the possibility of potential backdoor attacks. Taking the popular Ledger as an example, while it is referred to as a hardware wallet, it does not strictly belong to the category of true cold wallets.

A true cold wallet generates private keys completely offline, usually through a physical random process (such as tossing a coin). The private keys generated by this method are recorded on paper and are completely isolated from any electronic devices and networks, fundamentally eliminating the possibility of remote attacks.

In comparison, while hardware wallets provide a certain level of security, they still run software internally, making it impossible to completely avoid potential security vulnerabilities. This also explains why incidents of hardware wallet theft occur.

For users who truly value asset security, adopting a purely cold wallet solution may be a wiser choice. Although the operation may not be as convenient as a hardware wallet, in terms of security, cold wallets undoubtedly excel.

When selecting a storage solution for Crypto Assets, users need to weigh security against convenience and make informed choices based on their own needs. In any case, understanding the advantages and disadvantages of different Wallet types is crucial for protecting digital assets.