Diyana on Nostr: What are some of the main tradeoff for the future implications of the Bitcoin ...

What are some of the main tradeoff for the future implications of the Bitcoin ecosystem?
#asknostr

quoting nevent1q…zc4e

The most spicy question in the hardware wallet space 🙃

- Trezor was the first hw wallet, kept the code open source (FOSS)
- Coinkite (Coldcard) reused parts of the code to ship their own products, kept the code open source (FOSS)
- Foundation came in, took parts of Coldcard code, shipped their own products
-> Coinkite didn't like it (market competition, and sense of fairness)
-> Coinkite switched their licenses to source-viewable only. Not FOSS anymore (not permitting unrestricted use for commercial purposes by others)

-> Lots of discussion about the tradeoffs for the future implications to the Bitcoin ecosystem.