Part 4/9:
The speaker discusses the comparative decoding capacities of software wallets like MetaMask and Rabby. These browser-based solutions offer better transparency when examining call data but come with their own risks—namely, susceptibility to phishing, malware, and other attack vectors. This trade-off between security and usability complicates user choices.
Despite the complexities, the primary reason many users prefer hardware wallets is their perceived security advantage. Yet, as the speaker points out, even hardware wallets are not invulnerable. High-profile hacks, including exploits on platforms like Bybit and others, exploit human error and complacency rather than hardware flaws alone.