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Yes but every hardware wallet sends out obscured info out to private servers controlled by the centralized authority who sold you the wallet. All hardware wallets in their current form are totally unsustainable as decentralization continues.
The truly messed up thing is that it doesn't have to be this way. Why does COBO encrypt public transaction information? These corporations are pulling the same old bullshit.
RE: Trezor Review: Stop Blindly Trusting Hardware Wallets