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Air-gapped vs USB hardware wallets in a multisig

TL;DR

Air-gapped devices never connect to a computer by cable, which removes a class of USB attacks. In a 2-of-3, one air-gapped device doesn’t remove that risk, because two USB devices can still sign. A dedicated, clean computer and three brands do more.

USBAir-gapped (QR or microSD)
ExamplesTrezor Safe 5, BitBox02, Ledger Nano S PlusBlockstream Jade (in QR mode), Keystone 3 Pro
How transactions travelOver the cableQR codes or a memory card
ConveniencePlug in and clickScan back and forth
Protects against USB attacksNoYes

What air-gapping protects against

A malicious computer talking to the device over USB, trying to exploit a bug in its USB handling. With QR codes, only a limited amount of data crosses in a format the device can check.

Why one isn’t enough in a 2-of-3

If two of your three devices use USB, those two can sign together. An attacker who could exploit USB on both wouldn’t need the air-gapped one. To really close that door you’d need at least two air-gapped devices.

What this setup does instead

  • A dedicated signing computer that does nothing else (step 2).
  • Three brands with separate firmware, so one exploit isn’t enough.
  • Checking what you sign on the device screen.

When to choose air-gapped

If you’d rather not plug a device into any computer, or want two air-gapped keys. The Jade and Keystone work with Sparrow over QR; on the Keystone, use the Bitcoin-only firmware for multisig. See the hardware wallets page.

Blockstream Jade: Buy from Blockstream · Buy on Amazon
Keystone 3 Pro: Buy from Keystone · Buy on Amazon