Can multi wallet address happen on hardware wallets

n0nce

hero member

Activity: 924

Merit: 5943

not your keys, not your coins!

Quote from: KiaKia on October 01, 2022, 10:20:53 AM

Thanks to this topic I am now able to know the difference between a open source wallet and a closed source wallet, if anyone wants to check it out they can, good for newbie like me

https://bitcointalksearch.org/topic/m.55583288

I still have a question though, I am using metamask on my phone and I can create two Ethereum wallets in this one wallet but with different name, wallet 1 and wallet 2, question is can the same happen on a hardware wallet?

Yes, you can have 2 'accounts' on hardware wallets! Derivation paths are used on the devices I have. m/84'/0'/0', m/84'/0'/1', m/84'/0'/2', ...

Quote from: KiaKia on October 01, 2022, 11:05:19 AM

Thanks for the info Grin

I will probably order for one this week but I haven't come up with the best yet, which one are you guys using presently? @ Solosanz and @OmegaStarScream.

Honestly? Low-budget: Trezor One, higher budget: Foundation Passport.

Quote from: Ever-young on October 01, 2022, 12:25:44 PM

Quote from: KiaKia on October 01, 2022, 11:05:19 AM

Thanks for the info Grin

I will probably order for one this week but I haven't come up with the best yet, which one are you guys using presently? @ Solosanz and @OmegaStarScream.

You can try SafePal S1 its affordable and trusted and it support about 20 blockchain community and supports more than 10,000 cryptocurrencies and NFT tokens. The hardware wallet is currently available @ approximately 40$ with 1years guarantee.

Absolutely stay away from SafePal. If you see one in the distance, run away from it screaming.

You mentioned this topic yourself! https://bitcointalksearch.org/topic/list-open-source-hardware-wallets-5288971 And SafePal is not listed on it...

Pmalek

legendary

Activity: 2730

Merit: 7065

You started this discussion saying that you now know the difference between a closed-source and an open-source wallet. If that is true, you should know that SafePal is not open-source. If that's an essential element for you, you ought to better look elsewhere.

Some other things I remember about this hardware wallet is that it doesn't have any coin control features and apparently it doesn't allow for the creation of multiple accounts. So it's not for you. It used to have mobile-only support, no idea if they expanded to desktop devices in the meantime. The SafePal was also tagged as potentially vulnerable by a security reviewer. If you carry out a search on this forum, I am sure you will come across that report and several other threads discussing this particular wallet.

KiaKia

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Quote from: Ever-young on October 01, 2022, 12:25:44 PM

Quote from: KiaKia on October 01, 2022, 11:05:19 AM

Thanks for the info Grin

I will probably order for one this week but I haven't come up with the best yet, which one are you guys using presently? @ Solosanz and @OmegaStarScream.

You can try SafePal S1 its affordable and trusted and it support about 20 blockchain community and supports more than 10,000 cryptocurrencies and NFT tokens. The hardware wallet is currently available @ approximately 40$ with 1years guarantee.

I've just looked this wallet out and I kinda like it, I do have some questions too but maybe I will create another topic for that since this is about multi address on single hardware wallet.

dkbit98

legendary

Activity: 2212

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Quote from: KiaKia on October 01, 2022, 10:20:53 AM

I still have a question though, I am using metamask on my phone and I can create two Ethereum wallets in this one wallet but with different name, wallet 1 and wallet 2, question is can the same happen on a hardware wallet?

You can connect hardware wallets (Trezor, Ledger, Keystone, etc) with your Metamask wallet and use it exactly the same way but with more security because you need to confirm transaction on your device.
There is also option of using Trezor Suite or ledger live native wallets, and you can rename wallets anyway you want, or generate multiple addresses.
I only suggest using open source wallets.

Ever-young

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Merit: 231

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Quote from: KiaKia on October 01, 2022, 11:05:19 AM

Thanks for the info Grin

I will probably order for one this week but I haven't come up with the best yet, which one are you guys using presently? @ Solosanz and @OmegaStarScream.

You can try SafePal S1 its affordable and trusted and it support about 20 blockchain community and supports more than 10,000 cryptocurrencies and NFT tokens. The hardware wallet is currently available @ approximately 40$ with 1years guarantee.

KiaKia

sr. member

Activity: 728

Merit: 388

DGbet.fun - Crypto Sportsbook

Thanks for the info Grin

I will probably order for one this week but I haven't come up with the best yet, which one are you guys using presently? @ Solosanz and @OmegaStarScream.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Yes, you can link your MetaMask with your hardware wallet and have as many accounts/addresses as you want. Here's a video that demonstrates the process (with Trezor wallet)[1].

[1] https://www.youtube.com/watch?v=YTqFXwr3sBc&t=14s

Solosanz

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Each hardware wallet will have one seed phrase/private key which mean you only have one account, but one seed phrase/private key can generate many public address, so even the address is changed, but you're actually just have one wallet only. Actually it doesn't happen on hardware wallet only, the other non custodial wallet also can generate many public addresses.

So hardware wallet and metamask are different.

KiaKia

sr. member

Activity: 728

Merit: 388

DGbet.fun - Crypto Sportsbook

Thanks to this topic I am now able to know the difference between a open source wallet and a closed source wallet, if anyone wants to check it out they can, good for newbie like me

https://bitcointalksearch.org/topic/m.55583288

I still have a question though, I am using metamask on my phone and I can create two Ethereum wallets in this one wallet but with different name, wallet 1 and wallet 2, question is can the same happen on a hardware wallet?

Topic: Can multi wallet address happen on hardware wallets (Read 164 times)