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Topic: Ledger Nano X - new mobile focused hardware wallet (Read 918 times)

legendary
Activity: 2268
Merit: 18587
I know blockchain.com has a specific Ledger built HW wallet that can be used in conjunction with their web wallet.
This is another thing that I don't understand. It's called "Lockbox". It can only be used with blockchain.com, and won't work with Ledger Live, Electrum, or any other wallet. It doesn't support SegWit or most altcoins. Instead of integrating support for actual Ledger and Trezor devices, they rebrand a Ledger device, make it less functional, and sell it for a higher price.

Now that you can use Ledger Nano X with your phone, or Nano S with android phones, the only benefit of a web wallet of being able to access it anywhere is gone. There is literally no reason to use one.
copper member
Activity: 2184
Merit: 4241
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I've never used Coinbase myself, but last I read about them they were offering users the ability to back up their private keys to Google or Apple's cloud storage. I don't understand how anyone who has been involved in crypto for more than a week would want to use that and not understand how awful an idea it is.

It is strange they offer that option, and it is laughable.  I've used Coinbase to convert fiat into bitcoin, but that's about it.  If I do store anything on their platform it's for a couple of days max, so they can do what ever they want with my "private" keys.


Wasn't Ledger supposed to implement something similar in a software update? I might have confused it with Trezor.

I know blockchain.com has a specific Ledger built HW wallet that can be used in conjunction with their web wallet.  That's a brilliant idea, more web wallet services should offer such an option.
legendary
Activity: 1876
Merit: 3132
Coinbase has there "vault" cold storage service they offer, with multiple signatures required to move funds

Wasn't Ledger supposed to implement something similar in a software update? I might have confused it with Trezor.

I've never used Coinbase myself, but last I read about them they were offering users the ability to back up their private keys to Google or Apple's cloud storage. I don't understand how anyone who has been involved in crypto for more than a week would want to use that and not understand how awful an idea it is.

"Convenience" and low-cost are the reasons why people decide to use services like Coinbase and their weird features. Not to mention that some people buy crypto without educating themselves properly or after being misinformed by other people.
legendary
Activity: 2268
Merit: 18587
I've never used Coinbase myself, but last I read about them they were offering users the ability to back up their private keys to Google or Apple's cloud storage. I don't understand how anyone who has been involved in crypto for more than a week would want to use that and not understand how awful an idea it is.

In terms of your fire proof safe, the easiest alternative to that is off site back ups. The chances of two separate backups burning down simultaneously is very small.
copper member
Activity: 2184
Merit: 4241
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a gift for a friend who I've as of yet been unable to convince to stop using Coinbase to store his bitcoin. Roll Eyes

I have a friend like that too, and that's a great idea.  Coinbase has there "vault" cold storage service they offer, with multiple signatures required to move funds, but still.  If the seed backup isn't etched on a chunk of stainless steel and safely tucked away in the fire-resistant document bag in my fire-resistant gun safe, I have a hard time sleeping at night.  Sad

legendary
Activity: 2268
Merit: 18587
I expect Ledger will discount the model S quite a bit this coming holiday season.
I expect so too, and I certainly hope so. I want to pick up another one to duplicate my main wallets to to serve as an extra back up, and perhaps another one as a gift for a friend who I've as of yet been unable to convince to stop using Coinbase to store his bitcoin. Roll Eyes

In past years they've always done Black Friday and Christmas sales, but I don't want to wait that long. I'm hoping for some sort of summer weekend flash sale or similar.
copper member
Activity: 2184
Merit: 4241
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If this concerns a lot of people we might see some discounted S's for sale around here Smiley

I expect Ledger will discount the model S quite a bit this coming holiday season.  I wouldn't mind picking up a couple as gifts for my kids.

I just received the shipping notice for my "bundle" order, they're due to arrive on Tuesday. 
jr. member
Activity: 95
Merit: 4
I received my Ledger X on Friday May 17th.  I also received the free Ledger S which I didn't mention in the other thread and it sits here unopened.  Not really worth selling.  I already had a Ledger S from a year ago.  I'll probably give them to friends or family.

I wanted the Ledger X for more memory so I could load more than 3 coins.  I am currently hodling 4 different coins.  My Ledger X works great.  I like it better than the Ledger S.

 
legendary
Activity: 1484
Merit: 1489
I forgot more than you will ever know.

If this concerns a lot of people we might see some discounted S's for sale around here Smiley
HCP
legendary
Activity: 2086
Merit: 4314
Has anyone received their Ledger Nano X yet? Ledger was supposed to ship their new model with an extra Ledger Nano S as a compensation for the delay. I don't think that the limited edition was worth pre-ordering.
Not sure about anyone here... a few over at r/ledgerwallet showing off their bundles:
https://www.reddit.com/r/ledgerwallet/comments/bpx6kc/look_what_came_in_the_mail_today_as_promised_a/
https://www.reddit.com/r/ledgerwallet/comments/bpqqu9/they_finally_came_today/

And others that have at least received the Nano X:
https://www.reddit.com/r/ledgerwallet/comments/bppk96/finally_arrived/
https://www.reddit.com/r/ledgerwallet/comments/bpo58r/i_got_it_so_great/

There are also unboxings and reviews and a few complaints about the Nano X being unresponsive and stuck on Bootloader
copper member
Activity: 2184
Merit: 4241
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I ordered the bundle (1 each: Nano X, and S) just last week.  I have not received them and still no word on shipping yet.


Off Topic:
For some reason manufacturers of plastic injection molds are backed up for months and months.  One of our better suppliers is almost two years out for new orders.  Oddly, lead time for injection molding machines hasn't changed much in recent months, I'm afraid what ever factor has affected mold makers hasn't hit the machine makers yet.
legendary
Activity: 1876
Merit: 3132
I did not know that Ledger would send a free Nano S as a compensation for late delivery, and user that report delivery did not mention he had received Nano S.

Anyone who pre-ordered the device before the delay was announced (~20th March), was supposed to receive a free Ledger Nano S. There might have been a 4 month delay if they had to make a new mold which is used for producing plastic parts. Thank you for the link.
legendary
Activity: 3234
Merit: 5637
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BitCryptex, one user is report that he received Nano X in Friday, you obviously missed that post in other thread. I did not know that Ledger would send a free Nano S as a compensation for late delivery, and user that report delivery did not mention he had received Nano S.

What is known offer from Ledger is Nano X and Nano S with 50% discount, they sell this as Ledger Backup Pack.
legendary
Activity: 1876
Merit: 3132
Has anyone received their Ledger Nano X yet? Ledger was supposed to ship their new model with an extra Ledger Nano S as a compensation for the delay. I don't think that the limited edition was worth pre-ordering.
legendary
Activity: 3668
Merit: 6382
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Certainly won't be upgrading. Can't understand the need for a mobile-focused hardware wallet. Are users really dying to spend crypto on the go? Believe most users would struggle to even find places to spend crypto.  Lips sealed

In theory you spend money more often when you are not home. So the idea is not bad.
Still, Ledger Nano S is just fine for spending from mobile too, so indeed, I don't see a good reason for buying unless one has a lot of altcoins he wants to use with Ledger (Nano X boasts 10x bigger storage than Nano S).
full member
Activity: 168
Merit: 214
WhoTookMyCrypto.com
Certainly won't be upgrading. Can't understand the need for a mobile-focused hardware wallet. Are users really dying to spend crypto on the go? Believe most users would struggle to even find places to spend crypto.  Lips sealed
legendary
Activity: 2758
Merit: 6830
Looks like the shipping of the new Ledger Nano X begins in 20 days.

From Reddit:




Source: https://www.reddit.com/r/ledgerwallet/comments/aw9nec/received_ledger_nano_x_shipping_update_march_20th/
legendary
Activity: 1484
Merit: 1489
I forgot more than you will ever know.
Fingers crossed ledger live will support erc20 then...
thanks for the input BitCryptex Smiley
legendary
Activity: 1876
Merit: 3132
Any cool ERC20 wallet that would be compatible on smartphone and show the same addresses than Metamask does?

I don't think if there is any Android Ethereum wallet which supports Ledger Nano S. The only app worth taking look at, in my opinion, is WallETH if you are using an Android device. Unfortunately, it looks like it supports only TREZOR devices.
legendary
Activity: 1484
Merit: 1489
I forgot more than you will ever know.
Since I got a Ledger too now, I can confirm that it works perfectly without the original OTG cable. I've used a small adapter from USB to OTG MicroUSB that costs under 1$.
I think that's the easiest approach, since I also use Ledger's cable from the initial package.

I also bought a USB cable. Waiting for Ledger Live for android now Smiley

Any cool ERC20 wallet that would be compatible on smartphone and show the same addresses than Metamask does?
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