Ledger Nano S security issues | Bitcointalksearch.org

pwpwpw

hero member

Activity: 908

Merit: 503

Quote from: BTCMILLIONAIRE on February 09, 2018, 12:57:07 PM

Quote from: krogothmanhattan on February 09, 2018, 09:57:10 AM

I agree Ty!

Trezor is the best hardware out there IMO.

Cannot wait until the new one comes out by the end of this month.

Didn't Trezor have some issue where it basically exposed all vital information with minimal effort? Of course that would require it being stolen, but still.

That was only a risk if you didn't have any passphrase on your wallet just the PIN code. The passphrase is not saved on the device so even if they steal it and can successfully read the chip, they will only see the seed and PIN, without the passphrase, nobody can steal your stuff.

2gether

jr. member

Activity: 200

Merit: 1

http://2gether.global

The security of wallet software (and hardware) will continually be tested as time and the value of cryptos rises.

The new Trezor looks great, it is a shame they had such a small (2,000) allocation for the device. I will be interested to know when there are some reviews of the product to gain a better idea of what advantages it offers over just a nicer interface.

I still think the physical format is less than appealing though - sorry Trezor, looks as if the French win there (Ledger).

bigdude

hero member

Activity: 896

Merit: 500

Dolphins Finance TRUSTED FINANCE

not many thief know what's the f*ck charaters and number in your paper wallet mean

and I don't think they will take it lol
Just keep in safe enough place likely all other documents is enough and share it with your lover.
I'm keeping all my alt asset in Ledger. I know even NASA got hacked so nothing safe at all with hardware then just keep update and use a safe computer

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Quote from: BTCMILLIONAIRE on February 21, 2018, 04:28:53 PM

Quote from: krogothmanhattan on February 13, 2018, 08:39:36 AM

Yes..however I only keep a very small amount on any of these hardware wallets. I believe any decent size amount of bitcoin should be placed in paper wallets

Paper wallets also carry some risks. It takes quite an elaborate setup to be fully safe. And at that point one would also have to consider how to pass on one's crypto holdings to their family in case of unexpected death, which makes a safe setup even trickier. Makes me wonder how many Bitcoins will actually be accessible by the time the last block is mined.

I agree..they can be tricky. That is why when I started in crypto I took the right steps which I outlined on my website on how to create in a very safe way and also test said paper wallets using outside programs other than what created the wallets.

https://bitcointalksearch.org/topic/m.29377502

And yes, I think a paper wallet should be BIP32 encrypted and the password given to loved ones in case you do pass away. It cam be left with instructions in a safety deposit box in a bank with an outline of what to do.

Yes...many bitcoins have been lost. The following shows where we stand at the moment. It says 4 million bitcoins lost forever at the moment. Probably more since nobody really knows

http://fortune.com/2017/11/25/lost-bitcoins/

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: krogothmanhattan on February 13, 2018, 08:39:36 AM

Yes..however I only keep a very small amount on any of these hardware wallets. I believe any decent size amount of bitcoin should be placed in paper wallets

Paper wallets also carry some risks. It takes quite an elaborate setup to be fully safe. And at that point one would also have to consider how to pass on one's crypto holdings to their family in case of unexpected death, which makes a safe setup even trickier. Makes me wonder how many Bitcoins will actually be accessible by the time the last block is mined.

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Yes..however I only keep a very small amount on any of these hardware wallets. I believe any decent size amount of bitcoin should be placed in paper wallets

ranman09

full member

Activity: 756

Merit: 112

Quote from: Livebetcoin on February 12, 2018, 12:51:21 AM

They always find a way around security whats safe nowadays.

Correct, even Microsoft somehow gets hacked. They just have an active devs to feed updates. So whats best to do is keep your devices updated.

Livebetcoin

newbie

Activity: 307

Merit: 0

They always find a way around security whats safe nowadays.

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Quote

That really puts me on the fence. On one hand I want to support the industry even if I'm not going to use the hardware wallet. But on the other hand I don't want to support unimaginative products. What a dilemma.

Aye I hear you.

But as a collector...I buy anything btc history related. I bought hardware wallets that are known to have been breached with bad reputation...will never use and load..but are part of Bitcoins journey.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: krogothmanhattan on February 09, 2018, 04:57:33 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 04:52:59 PM

Quote from: krogothmanhattan on February 09, 2018, 04:06:23 PM

Nice gesture..i bought the ledger nano and blue..both trezor in black and white..left them all wrapped never to be used. Then bought nano and trezor again to be used. Now i am awaiting 6 new batch one Trezor T models

Maybe I should pickup some backups in case I need to restore. How is the blue?

I never used...still wrapped up. I only have it as a collectable

Ah, I misread that since you used the nano and trezor.

Quote from: ChiBitCTy on February 10, 2018, 06:55:58 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 04:52:59 PM

Quote from: krogothmanhattan on February 09, 2018, 04:06:23 PM

Maybe I should pickup some backups in case I need to restore. How is the blue?

I've talked to a techy about Blue and they said they were extremely unimpressed. It looks cool as hell and I almost bought it for more than I should have at one point but thankfully I decided to hold off. I didn't buy the ledger Nano direct from the manufacturer (like my boy Krogo here taught me to only do) so I won't keep anything on it but I did open it up to play with just for fun and to test out. I think why I dislike the Nano is why my buddy didn't like the blue and it's just the software and hardware combined. Ledger needs one platform and not these stupid apps. The nano hardware, two buttons, doesn't hold a charge..it's just sloppy manufacturing. I keep 90% on paperwallets and 10% between hardware wallets and hot wallets personally.

That really puts me on the fence. On one hand I want to support the industry even if I'm not going to use the hardware wallet. But on the other hand I don't want to support unimaginative products. What a dilemma.

ChiBitCTy

legendary

Activity: 2240

Merit: 3002

Quote from: BTCMILLIONAIRE on February 09, 2018, 04:52:59 PM

Quote from: krogothmanhattan on February 09, 2018, 04:06:23 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 03:10:01 PM

Quote from: krogothmanhattan on February 09, 2018, 02:36:57 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:31:41 PM

Quote from: krogothmanhattan on February 09, 2018, 02:29:29 PM

Lol..the first batch of around 2000 sodl out in a few hours.

I subscribed for the notification, hope the next batch won't be sodl out just as fast.

Yeah...I hear ya..lots of people bought them as collectable items just like i did

I mostly ended up buying both Trezor and Ledger to support the industry.

Nice gesture..i bought the ledger nano and blue..both trezor in black and white..left them all wrapped never to be used. Then bought nano and trezor again to be used. Now i am awaiting 6 new batch one Trezor T models

Maybe I should pickup some backups in case I need to restore. How is the blue?

I've talked to a techy about Blue and they said they were extremely unimpressed. It looks cool as hell and I almost bought it for more than I should have at one point but thankfully I decided to hold off. I didn't buy the ledger Nano direct from the manufacturer (like my boy Krogo here taught me to only do) so I won't keep anything on it but I did open it up to play with just for fun and to test out. I think why I dislike the Nano is why my buddy didn't like the blue and it's just the software and hardware combined. Ledger needs one platform and not these stupid apps. The nano hardware, two buttons, doesn't hold a charge..it's just sloppy manufacturing. I keep 90% on paperwallets and 10% between hardware wallets and hot wallets personally.

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Quote from: BTCMILLIONAIRE on February 09, 2018, 04:52:59 PM

Quote from: krogothmanhattan on February 09, 2018, 04:06:23 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 03:10:01 PM

Quote from: krogothmanhattan on February 09, 2018, 02:36:57 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:31:41 PM

Quote from: krogothmanhattan on February 09, 2018, 02:29:29 PM

Lol..the first batch of around 2000 sodl out in a few hours.

I subscribed for the notification, hope the next batch won't be sodl out just as fast.

Yeah...I hear ya..lots of people bought them as collectable items just like i did

I mostly ended up buying both Trezor and Ledger to support the industry.

Nice gesture..i bought the ledger nano and blue..both trezor in black and white..left them all wrapped never to be used. Then bought nano and trezor again to be used. Now i am awaiting 6 new batch one Trezor T models

Maybe I should pickup some backups in case I need to restore. How is the blue?

I never used...still wrapped up. I only have it as a collectable

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: krogothmanhattan on February 09, 2018, 04:06:23 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 03:10:01 PM

Quote from: krogothmanhattan on February 09, 2018, 02:36:57 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:31:41 PM

Quote from: krogothmanhattan on February 09, 2018, 02:29:29 PM

Lol..the first batch of around 2000 sodl out in a few hours.

I subscribed for the notification, hope the next batch won't be sodl out just as fast.

Yeah...I hear ya..lots of people bought them as collectable items just like i did

I mostly ended up buying both Trezor and Ledger to support the industry.

Nice gesture..i bought the ledger nano and blue..both trezor in black and white..left them all wrapped never to be used. Then bought nano and trezor again to be used. Now i am awaiting 6 new batch one Trezor T models

Maybe I should pickup some backups in case I need to restore. How is the blue?

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Quote from: BTCMILLIONAIRE on February 09, 2018, 03:10:01 PM

Quote from: krogothmanhattan on February 09, 2018, 02:36:57 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:31:41 PM

Quote from: krogothmanhattan on February 09, 2018, 02:29:29 PM

Lol..the first batch of around 2000 sodl out in a few hours.

I subscribed for the notification, hope the next batch won't be sodl out just as fast.

Yeah...I hear ya..lots of people bought them as collectable items just like i did

I mostly ended up buying both Trezor and Ledger to support the industry.

Nice gesture..i bought the ledger nano and blue..both trezor in black and white..left them all wrapped never to be used. Then bought nano and trezor again to be used. Now i am awaiting 6 new batch one Trezor T models

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: krogothmanhattan on February 09, 2018, 02:36:57 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:31:41 PM

Quote from: krogothmanhattan on February 09, 2018, 02:29:29 PM

Lol..the first batch of around 2000 sodl out in a few hours.

I subscribed for the notification, hope the next batch won't be sodl out just as fast.

Yeah...I hear ya..lots of people bought them as collectable items just like i did

I mostly ended up buying both Trezor and Ledger to support the industry.

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:31:41 PM

Quote from: krogothmanhattan on February 09, 2018, 02:29:29 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:28:04 PM

Quote from: krogothmanhattan on February 09, 2018, 02:24:02 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:18:55 PM

Quote from: krogothmanhattan on February 09, 2018, 02:08:26 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 01:48:17 PM

Quote from: krogothmanhattan on February 09, 2018, 01:43:43 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 12:57:07 PM

Quote from: krogothmanhattan on February 09, 2018, 09:57:10 AM

I agree Ty!

Trezor is the best hardware out there IMO.

Cannot wait until the new one comes out by the end of this month.

Didn't Trezor have some issue where it basically exposed all vital information with minimal effort? Of course that would require it being stolen, but still.

Totally different when stolen. And I believe if that happens you can use your seed to reclaim your btc hopefully before thief can crack it

Do you know if Ledger had that issue as well? I've got both just for the heck of it, but I'm not sure which would make the most sense to use for larger stacks.

Not sure bro...for large amount of btc cold storage i use paper wallets...for the rest i use trezor. I use ledger only for alts

So pretty much what I've been doing alright, gotcha. What was that talk about a new Trezor by the way? I can't find it on their website.

Here ya go. https://preorder.trezor.io

Derp, I thought that was for the next batch of old Trezors. Thanks!

Lol..the first batch of around 2000 sodl out in a few hours.

I subscribed for the notification, hope the next batch won't be sodl out just as fast.

Yeah...I hear ya..lots of people bought them as collectable items just like i did

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: krogothmanhattan on February 09, 2018, 02:29:29 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:28:04 PM

Quote from: krogothmanhattan on February 09, 2018, 02:24:02 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:18:55 PM

Quote from: krogothmanhattan on February 09, 2018, 02:08:26 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 01:48:17 PM

Quote from: krogothmanhattan on February 09, 2018, 01:43:43 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 12:57:07 PM

Quote from: krogothmanhattan on February 09, 2018, 09:57:10 AM

I agree Ty!

Trezor is the best hardware out there IMO.

Cannot wait until the new one comes out by the end of this month.

Didn't Trezor have some issue where it basically exposed all vital information with minimal effort? Of course that would require it being stolen, but still.

Totally different when stolen. And I believe if that happens you can use your seed to reclaim your btc hopefully before thief can crack it

Do you know if Ledger had that issue as well? I've got both just for the heck of it, but I'm not sure which would make the most sense to use for larger stacks.

Not sure bro...for large amount of btc cold storage i use paper wallets...for the rest i use trezor. I use ledger only for alts

So pretty much what I've been doing alright, gotcha. What was that talk about a new Trezor by the way? I can't find it on their website.

Here ya go. https://preorder.trezor.io

Derp, I thought that was for the next batch of old Trezors. Thanks!

Lol..the first batch of around 2000 sodl out in a few hours.

I subscribed for the notification, hope the next batch won't be sodl out just as fast.

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:28:04 PM

Quote from: krogothmanhattan on February 09, 2018, 02:24:02 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:18:55 PM

Quote from: krogothmanhattan on February 09, 2018, 02:08:26 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 01:48:17 PM

Quote from: krogothmanhattan on February 09, 2018, 01:43:43 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 12:57:07 PM

Quote from: krogothmanhattan on February 09, 2018, 09:57:10 AM

I agree Ty!

Trezor is the best hardware out there IMO.

Cannot wait until the new one comes out by the end of this month.

Didn't Trezor have some issue where it basically exposed all vital information with minimal effort? Of course that would require it being stolen, but still.

Totally different when stolen. And I believe if that happens you can use your seed to reclaim your btc hopefully before thief can crack it

Do you know if Ledger had that issue as well? I've got both just for the heck of it, but I'm not sure which would make the most sense to use for larger stacks.

Not sure bro...for large amount of btc cold storage i use paper wallets...for the rest i use trezor. I use ledger only for alts

So pretty much what I've been doing alright, gotcha. What was that talk about a new Trezor by the way? I can't find it on their website.

Here ya go. https://preorder.trezor.io

Derp, I thought that was for the next batch of old Trezors. Thanks!

Lol..the first batch of around 2000 sodl out in a few hours.

BTCMILLIONAIRE

hero member

Activity: 1358

Merit: 834

Quote from: krogothmanhattan on February 09, 2018, 02:24:02 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:18:55 PM

Quote from: krogothmanhattan on February 09, 2018, 02:08:26 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 01:48:17 PM

Quote from: krogothmanhattan on February 09, 2018, 01:43:43 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 12:57:07 PM

Quote from: krogothmanhattan on February 09, 2018, 09:57:10 AM

I agree Ty!

Trezor is the best hardware out there IMO.

Cannot wait until the new one comes out by the end of this month.

Didn't Trezor have some issue where it basically exposed all vital information with minimal effort? Of course that would require it being stolen, but still.

Totally different when stolen. And I believe if that happens you can use your seed to reclaim your btc hopefully before thief can crack it

Do you know if Ledger had that issue as well? I've got both just for the heck of it, but I'm not sure which would make the most sense to use for larger stacks.

Not sure bro...for large amount of btc cold storage i use paper wallets...for the rest i use trezor. I use ledger only for alts

So pretty much what I've been doing alright, gotcha. What was that talk about a new Trezor by the way? I can't find it on their website.

Here ya go. https://preorder.trezor.io

Derp, I thought that was for the next batch of old Trezors. Thanks!

krogothmanhattan

legendary

Activity: 2520

Merit: 3238

The Stone the masons rejected was the cornerstone.

Quote from: BTCMILLIONAIRE on February 09, 2018, 02:18:55 PM

Quote from: krogothmanhattan on February 09, 2018, 02:08:26 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 01:48:17 PM

Quote from: krogothmanhattan on February 09, 2018, 01:43:43 PM

Quote from: BTCMILLIONAIRE on February 09, 2018, 12:57:07 PM

Quote from: krogothmanhattan on February 09, 2018, 09:57:10 AM

I agree Ty!

Trezor is the best hardware out there IMO.

Cannot wait until the new one comes out by the end of this month.

Didn't Trezor have some issue where it basically exposed all vital information with minimal effort? Of course that would require it being stolen, but still.

Totally different when stolen. And I believe if that happens you can use your seed to reclaim your btc hopefully before thief can crack it

Do you know if Ledger had that issue as well? I've got both just for the heck of it, but I'm not sure which would make the most sense to use for larger stacks.

Not sure bro...for large amount of btc cold storage i use paper wallets...for the rest i use trezor. I use ledger only for alts

So pretty much what I've been doing alright, gotcha. What was that talk about a new Trezor by the way? I can't find it on their website.

Here ya go. https://preorder.trezor.io

Topic: Ledger Nano S security issues (Read 555 times)