Passport Bitcoin Wallet: Open Source Hardware Wallet

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Introduction

The Passport Bitcoin Wallet by Foundation Devices is an open-source, air-gapped hardware wallet designed for enhanced security. Launched in 2020, it operates offline, eliminating risks associated with internet connectivity. Its smartphone-like design and advanced features make it a top choice for Bitcoin enthusiasts.

Key Features

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Pros and Cons

Pros

βœ… Enhanced Security: Air-gapped design reduces remote hacking risks.
βœ… User-Friendly: Smartphone-like interface with a high-resolution display.
βœ… Multisig Capability: Adds extra security for shared or business funds.
βœ… Onboarding Support: Includes a personalized 60-minute setup session.

Cons

❌ High Cost: Priced at $199 (June 2024), it may be expensive for some.
❌ Non-Returnable: Strict security policies prevent returns.


Is Passport Wallet Safe?

Absolutely. Its air-gapped nature ensures no internet exposure, while the open-source code allows continuous security audits. The USB-C connector is power-only, eliminating data transfer risks.

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How to Set Up Passport Wallet

  1. Power On: Charge via USB-C.
  2. Generate Seed Phrase: Write down the 12-word backup.
  3. Pair with Envoy App: Scan QR codes for transactions.
  4. Optional MicroSD Use: Transfer data offline.

Video tutorials and 1-on-1 setup support are available.


Who Should Use Passport?


Alternatives to Passport

| Wallet | Price | Key Feature |
|--------------------|----------|---------------------------|
| Blockstream Jade | ~$65 | Open-source, PSBT support |
| Trezor Model T | ~$219 | Touchscreen, altcoins |
| BitBox02 | ~$150 | MicroSD backups |


FAQ

Q: Can Passport store altcoins?
A: No, it’s Bitcoin-only.

Q: Is Bluetooth supported?
A: Noβ€”QR codes/MicroSD ensure air-gapped security.

Q: What if I lose my Passport?
A: Restore funds via your 12-word seed on a new device.


Final Thoughts

The Passport Wallet excels in security and usability, though its cost may deter budget users. Ideal for Bitcoin purists seeking offline storage with multisig flexibility.

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