At Consensus 2026, Cardano’s Charles Hoskinson said that “users should probably never have their private keys,” adding that “something should have the private keys for the users.”
He argued that the secure chips already embedded in iPhones, Android phones, and Samsung devices outperform those in Ledger and Trezor devices, and that most crypto users already carry better signing hardware in their pockets without realizing it.
Private key management has been a bottleneck to retail adoption since Bitcoin’s earliest days. Users have trouble with their 12- or 24-word seed phrase, usually forgetting it, photographing it, storing it in cloud notes, or losing it entirely.
Hardware wallets solved the…
