ExponentialApe on Nostr: Ben, I think your concern about reliance on the blind oracle is misplaced. You can ...
Ben, I think your concern about reliance on the blind oracle is misplaced. You can always use the Jade as a stateless signer by entering your recovery phrase or scanning your recovery QR. You would never be unable to sign transactions, even if the oracle was down.
I initially had the same concern about the virtual element model, but after thinking through it; it actually makes your hardware wallet more secure than a wallet with a secure element, with the caveat that if the oracle was down,you would be relegated to using it as a stateless signer. Personally, I like that trade off.
Great tutorial as always! 🔥🙏
Blockstream (npub1jg5…6n8n)
I initially had the same concern about the virtual element model, but after thinking through it; it actually makes your hardware wallet more secure than a wallet with a secure element, with the caveat that if the oracle was down,you would be relegated to using it as a stateless signer. Personally, I like that trade off.
Great tutorial as always! 🔥🙏
Blockstream (npub1jg5…6n8n)