Kerberus Sentinel3
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  • Sentinel3
    • 🛡️What is Kerberus Sentinel3?
    • ❔How does it work?
    • ⚠️Alert Types
    • 🕵️‍♂️Active Protection
    • ☂️Coverage
    • ❓Is it open source?
    • ⭐How is it different?
      • 1️⃣Detects scams 1/2
      • 2️⃣Detects scams 2/2
      • 3️⃣Serves you, not companies
      • 4️⃣Built by security experts
      • 5️⃣Designed for everyone
    • 👨‍💻Team
    • 🛠️Installation
    • 💻Browsers and Devices
    • ⛓️Chains
  • FREQUENTLY ASKED QUESTIONS
    • 🖥️Software FAQ
      • Who is Sentinel3 for?
      • Is Sentinel3 a wallet?
      • Is Sentinel3 an antivirus?
      • Do I need to connect my wallet to use Sentinel3?
      • On how many devices/wallets does my license work? Does it work with a VPN?
      • Can Sentinel3 move my crypto/NFTs?
      • Will Sentinel3 slow me down?
      • Does it work on mobile?
      • How do I know if Sentinel3 is working for me?
      • Does Sentinel3 scan every website I visit?
      • Is it good for Sentinel3 to scan every Web3 site?
      • I opened a Web3 site but didn't see Sentinel3 scanning it. Why?
      • I got a red/yellow popup. What should I do?
      • Sentinel3 alerted a site and I believe it shouldn't have
      • I got a red popup and closed the site. What happens if I access it again?
      • Sentinel3 didn't alert me to a malicious site I visited. What should I do?
      • Does Sentinel3 work if I use other Web3 security extensions?
      • Does Sentinel3 work when transacting directly from a contract?
      • If I use Sentinel3, does it mean I'm 100% safe from all scams?
      • What kind of Web3 scams exist, and which ones does Sentinel3 protect me from?
      • Are there any signatures that Sentinel3 doesn't scan?
      • Does a hardware wallet protect me from scams?
      • If I lose my crypto/NFTs because Sentinel3 didn't detect a malicious site, will you reimburse me?
    • 🍁Lifetime License NFT FAQ
      • How can I get one?
      • How do I activate it?
      • What's the market cap?
      • Do I lose access to the license if I sell or transfer the NFT?
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  1. FREQUENTLY ASKED QUESTIONS
  2. Software FAQ

Does a hardware wallet protect me from scams?

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Last updated 1 year ago

A hardware wallet does two main things:

  1. It generates and stores your seed phrase and private key offline on a separate device from your computer/mobile/tablet.

  2. It allows you to connect it to a software wallet such as MetaMask. Doing so results in two confirmations required to transact or sign: one for the software wallet and one for the hardware wallet.

Referring to the , this is what a hardware wallet does for you for each of them:

  1. Wallet Transactions and Signatures A hardware wallet will only slow you down by asking you for a second confirmation, but it won't protect you. Once you transact or sign on a scam site and authorize it in your hardware wallet, you've transferred/given permission to a scammer.

  2. Seed Phrase and Private Keys Sharing A hardware wallet won't protect you because you share your seed phrase or private keys with the scammer, bypassing the hardware wallet's protection.

  3. Unauthorized access to your device This is the first prime reason to use a hardware wallet for your valuable crypto and NFTs.

    Even if someone takes control of your computer/mobile/tablet hot wallet linked to your hardware wallet, they won't be able to sign any transactions as signing is done with your hardware wallet.

  4. Malicious files This is the second prime reason to use a hardware wallet. Even if a malicious file is running on your computer/mobile/tablet, it won't be able to use your hot wallet linked to your hardware wallet because all transactions must be signed with the hardware wallet. It also won't be able to access your private key because it isn't stored on your computer/mobile/tablet.

  5. Rug pulls / poor project management A hardware wallet only stores the private key that allows you to access your crypto and NFTs. It can't protect you from rug pulls or poor project management.

🖥️
types of scams Sentinel3 protects you from