Ledger Stax (Ledger's latest hardware wallet) - page 3.

PrivacyG

hero member

Activity: 756

Merit: 1723

Crypto Swap Exchange

Quote from: DireWolfM14 on December 06, 2022, 12:49:18 PM

Rather gimmicky, if you ask me. I don't get the benefits of the magnetic stacking feature, or the wrap-around screen.

Just for the looks. They are clearly looking to just make their products more eye catching, nothing more to it. Because clearly as Bitcoiners E-Ink displays and magnetic cases is what we were always waiting for. Not Open Source components and software, not providing Bitcoin the very basic functions such as Message Signing, Replace By Fee and the likes in Ledger Live instead of supporting all sorts of Shit coins.

Who the heck would pay almost $300 for that? There was an expensive device Ledger made before, it was Blue and whoever bought it is now crying as Ledger abandoned it. What exactly guarantees me this $300 device will not end up the same way?

In the picture OP posted there is almost $1,150 worth of 'Stax'. Why would I pay this much just to have a few blocks of External Solid State Drive looking hardware stacked on top of each other with magnets. For at most a few hundred I can get myself a much better storage option for my Bitcoin and even buy a decent amount of Bitcoin with the change too.

-
Regards,
PrivacyG

dkbit98

legendary

Activity: 2212

Merit: 7064

Cashback 15%

Quote from: OmegaStarScream on December 06, 2022, 10:25:02 AM

Your thoughts?

New closed source junk coming from ledger, that is way overpriced, and it's clearly oriented towards shitcoins and NFT circus show.
Paying €279 presale price for this device is a waste of money, but one thing I like is they are using E Ink touchscreen, something I suggested before that hardware wallets should use.
Bluetooth and Wireless is no go for me, and I don't see any real improvements and innovation compared to all other hardware wallets.
To be fair, I will have to wait for this device to be released before saying more, but for this price I would get Passport, Keystone, or several BitBox and Trezor wallets.

Quote from: o_e_l_e_o on December 06, 2022, 04:17:49 PM

Absolute nonsense. They should be focusing on things like Tor support and bitcoin only firmware, but I guess those things don't make money. So instead we get stupid gimmicks.

Tor is not paying them anything, shitcoins are Wink

o_e_l_e_o

legendary

Activity: 2268

Merit: 18509

Quote from: DireWolfM14 on December 06, 2022, 12:49:18 PM

Rather gimmicky, if you ask me.

My thoughts exactly. And not just harmless gimmicks, but gimmicks which actively compromise your security. Why on Earth would I want my hardware wallet to have my name displayed on it? So if I lose it an attacker knows who to $5 wrench attack to get the PIN? And why would I want it to display NFTs? So I can whip it out in public to show everyone my super expensive and rare NFT and make myself a target for attacks? And I really don't understand the stacking function. They want you to buy a separate device for each wallet? At $280? Lol. Or maybe you and your family members are meant to stack all your devices together in the same place to make it super easy for an attacker to steal them all at once?

Absolute nonsense. They should be focusing on things like Tor support and bitcoin only firmware, but I guess those things don't make money. So instead we get stupid gimmicks.

DdmrDdmr

legendary

Activity: 2296

Merit: 10753

There are lies, damned lies and statistics. MTwain

I’ve gone through a bunch of videos that are now cropping up here and there, until I eventually came across a segment of a video that displays how the new model works (at least a basic glimpse of a TX):
https://youtu.be/XlE0BlXaQ0g?t=605

Other Videos I’ve gone through so far:
https://www.youtube.com/watch?v=Ct0x31vhORY
https://www.youtube.com/watch?v=XlE0BlXaQ0g (encloses the above extract)
https://www.youtube.com/watch?v=Srwsw1VMai4

Personally, and this is just a first impression, I’m not that impressed. My mind is going over scenarios where I’d crack or break the screen, besides having to be wary of battery running down or eventually depleting it, storing it in a larger hiding place, making sure I don’t drop it, and so forth. The flashier it gets, the more delicate it becomes, and I’m happier off with a sturdier solution in any case.

The price is steep, and it doesn’t seem to take away the need to interface with Ledger Device or such either on a laptop or on a mobile phone. The name, if derived from the fact that you can stack them together (through embedded magnets), seems unbefitting, as that is not a feature to enhance by far.

All in all, I do like techy toys, but without further hands-on contact, that is what it seems to me at this stage.

Pmalek

legendary

Activity: 2730

Merit: 7065

Farewell, Leo. You will be missed!

It's evident that they are targeting the younger generations of crypto holders with this fancy-looking device with a big touchscreen that can stay always on for as long as the battery lasts. I don't see anything there that would attract me to it. It's interesting that there is no mention of the internal storage capacity and how many apps can be installed at the same time.

The positive thing is all-around support for both Windows, macOS, Android, and iOS. I agree that stacking the credit card-like devices seems stupid, especially considering their price. The battery seems phenomenal if the technical specifications are true. It can be charged wirelessly and can stay on stand-by for weeks and months depending on how often it gets used.

They are stingy with the recovery sheets. Apparently, only one is provided in the box. I wonder if it's that difficult/expensive to include at least 2 if 3 is mission impossible?

Anyone interested in preordering should read the bottom of https://shop.ledger.com/products/ledger-stax.
Ledger still needs to get their new HW wallet certified. If the required certification isn't obtained, I guess the production won't go ahead or it will be delayed. Those who preordered will in that case receive refunds.

DireWolfM14

copper member

Activity: 2142

Merit: 4219

Join the world-leading crypto sportsbook NOW!

Rather gimmicky, if you ask me. I don't get the benefits of the magnetic stacking feature, or the wrap-around screen.

It seems like it's full of marketing gimmicks meant to attract those who are unfamiliar with hardware wallets in the first place. Do they really expect people to buy multiples of these, when you can use the same hardware wallet with multiple accounts?

I may not be their intended demographic, I don't need my hardware wallet to store shitcoins or NFTs. But if it's easy to use, and given Ledger's marketing budget I wouldn't be surprised to see many of these get sold.

NeuroticFish

legendary

Activity: 3500

Merit: 6205

Looking for campaign manager? Contact icopress!

Quote from: OmegaStarScream on December 06, 2022, 10:25:02 AM

Your thoughts?

For me the old Nano S is still good enough and I agree that Ledger is again pursuing new directions - of course, they are supposed to bring more income - instead of fixing their actual (and old/known) problems that would keep their existing customers happy.

Should I add that it costs the same as a decent 2022 Android phone? I mean, come on...

Charles-Tim

legendary

Activity: 1512

Merit: 4795

Free shipping to my country, but the hardware wallet is expensive with just little to no additional functional features in relation to bitcoin transaction and storage. The secure element is still close source, just normal connections like bluetooth and USB.

Or maybe I am wrong. With a big screen, is it now airgapped in a way I can just only use QR code to make transactions?

When I was looking for wallet that support opt-in RBF, I was disappointed that Ledger Live was not among, I hope Ledger Live will support full RBF.

Rikafip

legendary

Activity: 1722

Merit: 5937

I wish they hired capable devs (or at least assigned enough manpower) to finally sort out their Ledger Live application, instead focusing on the hardware wallet exterior. But I guess this brings more money and that's what matters in the end.

OmegaStarScream

staff

Activity: 3402

Merit: 6065

Ledger is partnering with Tony Fadell (the creator of the iPod) to build a new hardware wallet 'Ledger Stax'.

Quote from: https://www.coindesk.com/business/2022/12/06/dnp-embargo-for-126-at-930-am-et-ledger-partners-with-ipod-creator-tony-fadell-to-build-latest-hardware-wallet/

The wallet is a credit card-sized device with embedded magnets so that multiple devices can easily be stacked. The outside is a wraparound e-ink display that can show transaction details and even NFTs.
The Ledger Stax will retail for $279, compared to $79 for the Nano S Plus and $149 for the Nano X wallet.

Your thoughts?

The wallet is going to be available by Q1 2023 but you can pre-order it now: https://shop.ledger.com/products/ledger-stax

Topic: Ledger Stax (Ledger's latest hardware wallet) - page 3. (Read 764 times)