Topic: Hardware wallet - page 2. (Read 524 times)

trezore is good and also ledger Nano S, but 2 months ago some people a bug on the ledger that the ledger nano's team update ledger's software and this problem was solved. trezor is not bad and you can trust it

I got mine from Amazon to avoid the intl shipping time and cost. BUT MAKE SURE you are buying from "Ledger Official" seller on Amazon. Not one of the ther random sellers that will populate when you search and click for Nano S.

Actually I am planning to purchase my first hardware wallet in the near future. I think everybody prefers to put their coins in a hardware wallet because it safer and more secure compare to MEW. But since it is very expensive so I need to join bounties first to acquire one.

just the good news I always hear about hardware wallets, so I also have a plan to buy it because it's a good security run on our coins, at least it will avoid hacking.

I can only give you an idea about Nano (Ledger) so far I'm satisfied with it and there's no problem with it.

I'm using it now as a my main wallet so I'm very well at peace that there's nothing wrong that someone can penetrate to my private keys as I've kept it only for me.

For reviews and comparison read this: https://www.bitpremier.com/bitcoin-hardware-wallets

Using the hardware wallet is the best decision you ever made, yes its true hahaha, because you have the full control of your funds and the safety is your control, Unlike putting it on the web wallet or any exchanges, you dont have the assurance of their services, if they could stop, being hacked or being scammed. A lot of disadvantages of putting your hard earned coins, by putting in the web wallet, which is not surprising nowadays. Go ahead and buy a hardware wallet, i support you on that decision. Whenever you have it, just keep it in a safe place.

Have a great day mate. Looking forward for the success you want in life.

Yes it is a good cold wallet, there is a Tresor and there is still a ledger nano s, but they have one chatty minus, they support little altcoins if you have bitcoin or Ethereum then this is a good solution

After a few days research, Im getting the Ledger Nano S. More currencies, etc. I have been crash coursing on this bounty stuff. Ill be ready to dive in soon I think. Any Nano S users?

i think it is little bit tricky because if you lost it i will lose everything but at the same time onlie side another problem about hacking both of them has a problem, might be best way do trade:)

I still think how if the hardware is damaged, surely you will lose your coins. because the name of the hardware one day will be damaged

You did not understand me. I'm wondering if i can use 1 device for several wallets. And for different currencies. I understood, about the seed phrase, just did not think about it, thank you.

As others have mentioned look into compatibility of altcoins

This board is a godsend. I like all the different opinions and experiences without the childlike arguing. Anyway...I will probably get a Trezor first. After I ski past the learning curve I will make a final decision. My goal is to work some bounties and have a crypo stash that is safe and building.

sorry in advance this may be outside the main topic but may i ask where do you buy nano ledger and how much does it cost? I plan to buy it because I listen to the + news about hardware wallets. thank you for your answers.

Really? What makes you think that way?
Actually, trezor is the best option, what's wrong with buying a wallet hardware to keep all your assets safe, to avoid all the bad possibilities that will happen.

Useless waste of money. Everything will be in plastic cards and in a smartphone. It is much more convenient and cheaper

Ledger Nano S had the first burglary:

The story began in November 2017 when Rashid reported a bug to Nicols Bacc, director of Ledger Nano, who might allow attackers to steal users' wallet funds.

Rashid noticed that the microcontroller used in the wallet was not safe. Although it allowed the use of buttons and screen for entering data, it was connected as a proxy with the Secure Element (SE). The latter contained private keys, which meant that the hacker could cheat the SE in different ways. Here's how: retailers and resellers can change the microcontroller's system software, which, now at risk, can verify its "identity" in the SE. Rashid further explained that the attacker could control the user interface and use malicious code to set the randomness to zero and add his own seed for recovery. Rashid chose the word "abandon" to prove his opinion in the uploaded video material. Now that the attacker has a mnemonic phrase, they could easily obtain private keys.

After Rashid sent the study to Ledger, he saw that the band did not take him seriously. Nevertheless, they published a firmware update on March 6, which was severely criticized by Rashid. He published his opinions on this topic on Twitter because he thought that theLedger team should publish his information and turn on the problem solution for the next critical update or hide it so that the hackers would not have time to use this trick.

Well, it looks like it's advertised as the safest hardware porfet to store cryptocurrencies is not that safe anymore, since the holes and errors in the microcontrorel software have been found for 15 years ...

I think trezor is great for making the main wallet to store the assets of bitcoin and altcoin. optimal security features and support for Windows, Linus and OS (version 10.8 and above)

Number of Coins Trezor support less than Ledger Nano S. But Trezor does not limit the number of coins install in it, Nano you can install 5 cryptocurrencys maximum.
You should buy 2 same devices (2 Ledgers or 2 Trezor). The first one to use, the second one to backup (enter 24 keyworks of the first one).

Digital encoded password...is this where i can have small amount of currency out front and have my real stash hidden in the device for travelling and prying eyes etc?