Custom URLs: Wallet Comparison

Our impressions

Ledger Nano S Plus

Blockstream Jade

Pros

Great form factor, paired with robust casing protection made out of medal for high portability
Future-proof USB-C port
Uses the BIP-39 standard, which allows wallet recovery even without hardware
Can be used as a secure key, providing additional value outside crypto use-cases

Camera for fully air-gapped transactions + QR code support in hardware
Firmware with radio and without radio support (Bluetooth + Wifi)
Wifi capable (already on board but currently disabled)
100% open source: firmware, hardware + casing

Cons

Requires constant USB connection to operate
Firmware is closed source
App concept (apps need to be installed on the device to support certain coins and features) can be overwhelming, especially for new users, but easy enough to start using the device in no time

Only supports Bitcoin and Liquid assets

Verdict

One of the most secure hardware wallets at a very attractive price point. The secure element chip prevents seed phrase extraction attacks, but comes at the price of closed source firmware. Users have to get familiar with the concept of individual apps that have to be manually installed by the user to make the device support the features (i.e. coins, security key functionality, etc.) they need. Installation is not much different than installing smartphone apps from the app store though, so not that difficult after all. As no company is perfect, please make sure to keep updated on Ledger controversies, before making a buying decision. Read more about Ledger controversies

All in all – a very good deal to keep your crypto assets safe with a very high level of security.

Please note that we do not yet own a Blockstream Jade. Our verdict currently is based on available online resources only. We love the 100% open source approach and can’t wait to get our hands on one.

If your use-case is Bitcoin ecosystem only, this seems like a very good option to secure your valuable Bitcoin assets.

Disclaimer: Our impressions are based on a compilation of factors tailored to the average user’s perspective. It is also important to note that whether a feature is a “pro” or “con” can depend on your situation and preferences. What may be an advantage in one scenario could be a challenge in another, and vice versa. Therefore, while reviewing these points, it’s essential to consider your unique requirements and circumstances when making decisions. This list aims to provide an idea of what to anticipate, but it is not the ultimate guide to determining whether something will work for you or not.