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Smartphones may offer better crypto security than traditional hardware wallets, says Cardano's Hoskinson.

Protocol Fundamentals
12 May 2026
CrowdFundInsider
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Neutral
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Charles Hoskinson, co-founder of Cardano and Ethereum, argues that modern smartphones with advanced secure chips can provide stronger protection for digital assets than traditional hardware wallets like Ledger or Trezor. He highlights that most users already carry superior security hardware in their phones, enabling more accessible and seedless self-custody solutions. Hoskinson's views come amid broader calls in the crypto industry for practical decentralization and improved usability. Meanwhile, Ethereum co-founder Vitalik Buterin focuses on privacy advancements using zero-knowledge proofs to enhance crypto payment confidentiality. These developments signal a maturing crypto sector aiming to close security gaps and build more user-friendly, decentralized ecosystems.

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