Mainstream Wallets: Low Risk of Key Compromise Despite Randomness Concerns

Yu Jian, founder of SlowMist, argues that the majority of cryptocurrency users should feel reassured about their private keys and mnemonic phrases due to the low risk of vulnerability. He highlights that mainstream open-source wallets face minimal risk from weak randomness. However, he warns that if a zero-day vulnerability were to be exploited by an entity or organization within the related algorithms, it could lead to significant consequences.