I'm buying a hardware wallet - page 2.

Rath_

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Quote from: bitmover on September 09, 2019, 10:29:24 AM

So, it's not trezor that has a better implementation of multisig, but trezor official software (which I doubt is better than Electrum anyway).

No, the official Trezor web interface does not support multisig. Every hardware wallet handles multisig differently even when paired with Electrum. Ledger does not verify change outputs and does not display the fees for multisignature transactions. Also, it looks like Trezor is the only hardware wallet which verifies if the receiving address actually belongs to the multisig wallet and shows it on its screen. I am not sure about that last thing, though.

bitmover

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bitcoindata.science

Quote from: Rath_ on September 08, 2019, 03:55:37 PM

Trezor has a much better implementation of multisig than Ledger (you will see all inputs and outputs properly).

I think ledger live, although it is a nice software for newbies, it has its limitations.
I don't think those limitations are problematic, because if someone knows what is an input or output he will certainly be using Electrum and will ignore ledger live completely.

So, it's not trezor that has a better implementation of multisig, but trezor official software (which I doubt is better than Electrum anyway).

I think advanced users will just ignore trezor/ledger software and stick with Electrum anyway.

This trezor vulnerability is not a problem imo... The worst about trezor imo is the price, which is higher and it support less coins . I would definitely chose ledger over trezor because of that, but that's not a great issue and both are very reliable hardware wallet.

Lucius

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Quote from: h0pens on September 08, 2019, 03:47:05 PM

The big negative thing that I think is that it's mutch more expensive. Is there any other disadvances that I should think of before buy a it compared with other hardware wallets?

If you're not in a hurry to buy hardware wallet, and you want to save some money, then you can wait for Black Friday (29 November) when both major manufacturers are likely to offer discounts as was the case in previous years.

BitCryptex has already mentioned some advantages and disadvantages to you when it comes to Trezor&Ledger, so you can decide which one is better for you. As for the price, it is on Ledger side, Nano X is €120, and Trezor T €149. For price of one Trezor T you can get Ledger backup pack (Nano X+Nano S).

HCP

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Quote from: h0pens on September 08, 2019, 03:47:05 PM

I have a bitcoin armary wallet with some bitcoins and coins from the forks (cash and gold). Is it possible to take that private key and import it in a trezor (or any other wallet)?

Best practice would be not to import those private keys... but to sweep them, so that the coins get sent from your old keys/addresses to keys/addresses generated by the Trezor itself.

I'm not actually aware of any hardware wallets that allow you to import private keys. It would defeat the purpose of the hardware wallet using externally generated keys.

Rath_

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Quote from: h0pens on September 08, 2019, 03:47:05 PM

Is it possible to take that private key and import it in a trezor (or any other wallet)?

Hardware wallets do not support importing private keys due to security concerns. You should be able to import it in other software wallets. You can send your coins without any problems to the Trezor T once you buy it.

Quote from: h0pens on September 08, 2019, 03:47:05 PM

I was thinking of getting a model T and a model ONE as a backup. Is it only to take the backup seed and restore it in the model ONE? But model ONE doesn't support everything that model T does, will that work?

You can restore the wallet using the seed in every wallet which supports BIP39. You can restore the seed generated by Trezor T on Trezor One and vice-versa. You can also use Electrum if you lose both wallets.

Quote from: h0pens on September 08, 2019, 03:47:05 PM

Is there any other disadvances that I should think of before buy a it compared with other hardware wallets?

You should take a look at this vulnerability. You can mitigate it by using a long passphrase. Unlike Ledger, Trezor does not generate native SegWit addresses (the ones starting with bc1) in the official web interface. You will have to pair your wallet with Electrum to use them. Ledger is mostly focused on adding altcoins while Trezor has just implemented Shamir Backup. Please note that it's only supported by Trezor T. Trezor has a much better implementation of multisig than Ledger (you will see all inputs and outputs properly).

I have both Trezor One and Trezor T so I can answer any of your questions.

h0pens

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I have a bitcoin armary wallet with some bitcoins and coins from the forks (cash and gold). Is it possible to take that private key and import it in a trezor (or any other wallet)?
In other case is it possible to send it to a trezor T? (I read something about wallets that doesn't support old keys that starts with 1 or 3..)

I was thinking of getting a model T and a model ONE as a backup. Is it only to take the backup seed and restore it in the model ONE? But model ONE doesn't support everything that model T does, will that work?

I was looking at ledger and trezor but I did like trezor a bit more. The key different that made me chose trezor was that it felt more secure, with an open firmwire. The big negative thing that I think is that it's mutch more expensive. Is there any other disadvances that I should think of before buy a it compared with other hardware wallets?

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