New coins supported on Ledger Nano S!

Lucius

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Quote from: jackg on October 06, 2018, 07:09:30 AM

Quote from: Lucius on October 06, 2018, 05:35:23 AM

Quote from: jackg on October 05, 2018, 04:43:03 PM

Quote from: chocolah29 on October 04, 2018, 09:23:10 PM

Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack.

To expose a nano private key to get the coins stored in it would be a bad thing for the hardware device. It would be about impossibly (as far as I can tell) to get the other wallets that are derived from the same seed from the private keys that you have nano stored in, however, I wouldn't have liked to risk it...

First of all company which produce Nano S it's called Ledger, and they do not focus more on some shit coins then other hardware wallets like Trezor which is support maybe even more completely irrelevant coins - Trezor-Supported coins & tokens (689)

jackg you still did not get any clue how hardware wallets works, first you say that is almost impossible to hack hardware wallet and then you go with your paranoia talk. If you get seed from any hardware wallet you get all private keys and full control over that device, and only way to hacker get seed is to user do something idiotic like save seed in simple text file on PC or maybe e-mail.

Hardware wallets are almost perfect way to store cryptocurrency, but like always the weakest link in the whole chain is human ignorance and stupidity.

Read the fucking post before it!
He asked why they're supporting shitcoins and since banana is a forked coin of nano, the only way you could get it out before they supported it was to get the master public key of the nano stored there.

I read post very good, you did not and you give completely wrong answer to user chocolah29, you language is also very inappropriate - but this is only show your lack of understanding and frustration...

To clarify things, user chocolah29 ask : "Just wondering why Nano focus on those shitcoins", he is refering to Ledger Nano S hardware wallet, not Nano currency and you give him completely inconsistent response.

Banano is make airdrop in a way that any user who hold Nano coin should enter his Nano address to special Nano claiming site. Of course that this address should have some balance before fork and it should be empty before entering that site.

Your statement of how to get Banano coin from Ledger Nano S by get master public key of Nano is a complete nonsense...

jackg

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Quote from: Lucius on October 06, 2018, 05:35:23 AM

Quote from: jackg on October 05, 2018, 04:43:03 PM

Quote from: chocolah29 on October 04, 2018, 09:23:10 PM

Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack.

To expose a nano private key to get the coins stored in it would be a bad thing for the hardware device. It would be about impossibly (as far as I can tell) to get the other wallets that are derived from the same seed from the private keys that you have nano stored in, however, I wouldn't have liked to risk it...

First of all company which produce Nano S it's called Ledger, and they do not focus more on some shit coins then other hardware wallets like Trezor which is support maybe even more completely irrelevant coins - Trezor-Supported coins & tokens (689)

jackg you still did not get any clue how hardware wallets works, first you say that is almost impossible to hack hardware wallet and then you go with your paranoia talk. If you get seed from any hardware wallet you get all private keys and full control over that device, and only way to hacker get seed is to user do something idiotic like save seed in simple text file on PC or maybe e-mail.

Hardware wallets are almost perfect way to store cryptocurrency, but like always the weakest link in the whole chain is human ignorance and stupidity.

Read the fucking post before it!
He asked why they're supporting shitcoins and since banana is a forked coin of nano, the only way you could get it out before they supported it was to get the master public key of the nano stored there.

o_e_l_e_o

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Quote from: Lucius on October 06, 2018, 05:35:23 AM

First of all company which produce Nano S it's called Ledger, and they do not focus more on some shit coins then other hardware wallets like Trezor which is support maybe even more completely irrelevant coins - Trezor-Supported coins & tokens (689)

Yeah, it's a complete pissing match to see who can "support the most coins and tokens". Obviously they need to list every trash token individually rather than just saying "all ERC20 tokens", because then they can bump their numbers up in to the hundreds as they have done.

Seriously though, looking through some of the coins on that list makes you half want to laugh and half want to cry. Such tokens as "DeezNuts (DEEZ)", "Finally Usable Crypto Karma (FUCK)", "Sexy Token (SEXY)", and "SHIT (SHIT)". I'm sure they are all "nice projects" with "great teams".

Lucius

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Quote from: jackg on October 05, 2018, 04:43:03 PM

Quote from: chocolah29 on October 04, 2018, 09:23:10 PM

Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack.

To expose a nano private key to get the coins stored in it would be a bad thing for the hardware device. It would be about impossibly (as far as I can tell) to get the other wallets that are derived from the same seed from the private keys that you have nano stored in, however, I wouldn't have liked to risk it...

First of all company which produce Nano S it's called Ledger, and they do not focus more on some shit coins then other hardware wallets like Trezor which is support maybe even more completely irrelevant coins - Trezor-Supported coins & tokens (689)

jackg you still did not get any clue how hardware wallets works, first you say that is almost impossible to hack hardware wallet and then you go with your paranoia talk. If you get seed from any hardware wallet you get all private keys and full control over that device, and only way to hacker get seed is to user do something idiotic like save seed in simple text file on PC or maybe e-mail.

Hardware wallets are almost perfect way to store cryptocurrency, but like always the weakest link in the whole chain is human ignorance and stupidity.

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: chocolah29 on October 04, 2018, 09:23:10 PM

Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack.

To expose a nano private key to get the coins stored in it would be a bad thing for the hardware device. It would be about impossibly (as far as I can tell) to get the other wallets that are derived from the same seed from the private keys that you have nano stored in, however, I wouldn't have liked to risk it...

Quote from: ranman09 on October 05, 2018, 09:32:27 AM

Then how about ERC-20 token support on ETH? I would prefer to easily access my tokens on Ledger live than on myetherwallet if I have ledger. Though things work for now. It might be a great feature.

EVERYONE can make an erc20 token though and they're not really that good (for most of them). You also have to pay an eth tx fee in order to send yuur tokens so I feel like it's just a way to try to push the eth price higher...

ranman09

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Quote from: chocolah29 on October 04, 2018, 09:23:10 PM

Quote from: ranman09 on October 04, 2018, 09:42:16 AM

Agreed. It is really hard to install some software just access funds, example EOS. Why do I need to install fairy-wallet if they integrate it into the software? I don't know if their in the process of adding it, but I think their not, just like Dapps on Ethereum.

Maybe just because EOS is still innovating that's why they having a hard time unlike on those erc20 token based.

Then how about ERC-20 token support on ETH? I would prefer to easily access my tokens on Ledger live than on myetherwallet if I have ledger. Though things work for now. It might be a great feature.

sunsilk

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I'm not even familiar with most of those additions.

Quote from: chocolah29 on October 04, 2018, 09:23:10 PM

Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack.

I wouldn't be surprised if in the future there will be more of it.

Quote from: Lucius on October 04, 2018, 05:22:59 AM

It is much easier for them to add such coins then to add more coins to Ledger Live, if I'm not mistaken Banano is fork of Nano, and what to say about fork of forks.... Also they just want to stay in the race with Trezor which also start to support many rather unimportant coins, but this is just competition which should at the end make things better for users.

I see so this is the point of adding those coins especially those fork coins. Thank you.

Quote from: jackg on October 04, 2018, 11:29:01 AM

Ba-nano - I get it now Grin

... Cool name.

Ohhh.... that's it. Grin

chocolah29

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Quote from: o_e_l_e_o on October 04, 2018, 10:12:56 AM

You can see which coins they are currently working on here: https://trello.com/b/5nQ1mdzt/ledger-roadmap

At the moment there are a couple of bigger coins in development (ADA, IOTA), but unfortunately the majority are just more shitcoins, half of which I've never even heard of: (Musicoin, Callisto, GoChain, Cosmos, etc).

Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack.

Quote from: ranman09 on October 04, 2018, 09:42:16 AM

Agreed. It is really hard to install some software just access funds, example EOS. Why do I need to install fairy-wallet if they integrate it into the software? I don't know if their in the process of adding it, but I think their not, just like Dapps on Ethereum.

Maybe just because EOS is still innovating that's why they having a hard time unlike on those erc20 token based.

Lucius

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Quote from: jackg on October 04, 2018, 11:29:01 AM

Quote from: Lucius on October 04, 2018, 09:35:03 AM

What insecurity you actually talk when you talk about hardware wallets? Show me one example that anyone is lost any coin as a result of hacking hardware wallet? Caution is in the world of cryptocurrency most important thing, but the way you're thinking is actually paranoia...

First of all, as I understand it the ledger nano wallets show your seed on the screen so at that point, that seed should be considered compromised as it has touched the internet.
Secondly, I'm not sure how many people compile the binaries fro themselves instead of running the exectuable so they cannot determine it's safety.
Thirdly, they used to use a google chrome extension, if tere's a browser that is the worst for being infected with malware and worms it's chrome...

You got everything wrong regarding hardware wallets, in case of Ledger Nano S seed is generated on device and displayed on Ledger screen once - user then need to write it down - but that seed is not in any way exposed to internet and it is 100% safe. It is same thing for private keys, they never leave device so you can use it even on infected PC. Only thing user need to pay attention is clipboard malware, but Ledger ask you to confirm address every time before sending/receiving coins.

Now we have Ledger Live so there is no need to use Chrome apps//also Ledger Nano S can be used with Electrum as UI.

jackg

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Quote from: Lucius on October 04, 2018, 09:35:03 AM

What insecurity you actually talk when you talk about hardware wallets? Show me one example that anyone is lost any coin as a result of hacking hardware wallet? Caution is in the world of cryptocurrency most important thing, but the way you're thinking is actually paranoia...

First of all, as I understand it the ledger nano wallets show your seed on the screen so at that point, that seed should be considered compromised as it has touched the internet.
Secondly, I'm not sure how many people compile the binaries fro themselves instead of running the exectuable so they cannot determine it's safety.
Thirdly, they used to use a google chrome extension, if tere's a browser that is the worst for being infected with malware and worms it's chrome...

Quote from: Lucius on October 04, 2018, 09:35:03 AM

Ledger support Banano because it is just fork of Nano and it was easy to add it, it is not fork of ethereum network as you say - you shoud do more research before write such things. I agree that most of forked coins do not make any sense, and this is also case for Banano - but since many Nano holders get Banano I do not see why Ledger would not support this coin, there are many coins ever worse then this one.

Oh I take it back then...
Ba-nano - I get it now Grin

... Cool name.

hidrocop

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I'm using the Ledger Nano S and I'm very comfortable, I'm not worried about hacking and it's easy to use, I can recommend everyone

o_e_l_e_o

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You can see which coins they are currently working on here: https://trello.com/b/5nQ1mdzt/ledger-roadmap

At the moment there are a couple of bigger coins in development (ADA, IOTA), but unfortunately the majority are just more shitcoins, half of which I've never even heard of: (Musicoin, Callisto, GoChain, Cosmos, etc).

ranman09

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Quote from: TryNinja on October 03, 2018, 11:58:02 AM

I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible.

Agreed. It is really hard to install some software just access funds, example EOS. Why do I need to install fairy-wallet if they integrate it into the software? I don't know if their in the process of adding it, but I think their not, just like Dapps on Ethereum.

I hope they support cardano also soon.

Lucius

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Quote from: jackg on October 04, 2018, 07:34:01 AM

The price is the insecurity not the $100. $100 isn't much of a serious investment into crypto either... I suppose if you're doing multisig with a lot of devices or you like to do a lot of trading with a lot of pairs then a hardware wallet is a good option (I'd still be cautious though)...

(Searching for banano coin I came across another currency that seems to suggest a kilo of bananas is $2 and I paid 75GBX for a kilo recently)...

Still banano is a stupid coin to support as tryninja says when there are those two others that are quite well known that aren't supported yet (although they do already have the banano coin blockchain if it's a fork of ethereum so maybe that's normal)...

What insecurity you actually talk when you talk about hardware wallets? Show me one example that anyone is lost any coin as a result of hacking hardware wallet? Caution is in the world of cryptocurrency most important thing, but the way you're thinking is actually paranoia...

Ledger support Banano because it is just fork of Nano and it was easy to add it, it is not fork of ethereum network as you say - you shoud do more research before write such things. I agree that most of forked coins do not make any sense, and this is also case for Banano - but since many Nano holders get Banano I do not see why Ledger would not support this coin, there are many coins ever worse then this one.

jackg

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Quote from: Lucius on October 04, 2018, 05:22:59 AM

Quote from: jackg on October 03, 2018, 12:01:38 PM

An airgapped wallet is still better than a hardware one. Even if the airgapped wallet doesn't have compatibility with the banano blockchain, it's the price you have to pay...

Although it's interesting to tee they're adding so many forks of ethereum since ethereum was already a forked coin itself...

Is it better or it is safer? Maybe this is the case if you have 1-2 wallets on airgapped device, but to have a 20-30 wallets stored in such way is only have sense for long term holding. Hardware wallets are made for daily transaction, but also for long term holding. Regarding price, for any serious user 100$ is not a problem.

The price is the insecurity not the $100. $100 isn't much of a serious investment into crypto either... I suppose if you're doing multisig with a lot of devices or you like to do a lot of trading with a lot of pairs then a hardware wallet is a good option (I'd still be cautious though)...

(Searching for banano coin I came across another currency that seems to suggest a kilo of bananas is $2 and I paid 75GBX for a kilo recently)...

Still banano is a stupid coin to support as tryninja says when there are those two others that are quite well known that aren't supported yet (although they do already have the banano coin blockchain if it's a fork of ethereum so maybe that's normal)...

Lucius

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Quote from: TryNinja on October 03, 2018, 11:58:02 AM

I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible. But ok, maybe they just want to say they are the hardware wallet with the largest number of coins in the market.

Like, Banano? Are you serious?

It is much easier for them to add such coins then to add more coins to Ledger Live, if I'm not mistaken Banano is fork of Nano, and what to say about fork of forks.... Also they just want to stay in the race with Trezor which also start to support many rather unimportant coins, but this is just competition which should at the end make things better for users.

Quote from: jackg on October 03, 2018, 12:01:38 PM

An airgapped wallet is still better than a hardware one. Even if the airgapped wallet doesn't have compatibility with the banano blockchain, it's the price you have to pay...

Although it's interesting to tee they're adding so many forks of ethereum since ethereum was already a forked coin itself...

Is it better or it is safer? Maybe this is the case if you have 1-2 wallets on airgapped device, but to have a 20-30 wallets stored in such way is only have sense for long term holding. Hardware wallets are made for daily transaction, but also for long term holding. Regarding price, for any serious user 100$ is not a problem.

bitmover

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Quote from: TryNinja on October 03, 2018, 09:10:26 PM

I thought Monero was working already? Only via CLI, but at least they are (AFAIK) just waiting for the Monero devs to release support for it in their Monero wallet.

https://support.ledgerwallet.com/hc/en-us/articles/360006352934-Monero-XMR-Advanced

Monero's wallet is always problematic. I remember when I tried to buy some a year ago, I gave up when I saw there are no good/easy to use wallets.

Most multicurrency wallets do not support it.

I wish ledger live had native support to erc20 and all btc forks, so we could get some little money. Like bitcoin private and those others.

vit05

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FORK is easy to add. Needs little work. is low cost and excellent marketing because the number of coins supported is high. Unfortunately serious and unique projects are more difficult. Some projects like ADA, IOTA and MONERO need a collaboration with the project devs. I think this makes it very difficult. I still hope to see ADA added. But I think it will be difficult because soon it will have PoS and Pools.

TryNinja

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I thought Monero was working already? Only via CLI, but at least they are (AFAIK) just waiting for the Monero devs to release support for it in their Monero wallet.

https://support.ledgerwallet.com/hc/en-us/articles/360006352934-Monero-XMR-Advanced

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Quote from: cryptoblackhat on October 03, 2018, 06:33:29 PM

Most of these coins I haven't even heard of - and yet large, popular communities like Monero still don't have support.

I think adding Monero (XMR) support would move forward the cryptocurrency community a lot more than any of these coins that are largely speculative.

The last time I checked they were actively working on adding Monero support. The roadblock is writing the code to sign the transactions on the device, because it's very different than other coins. "Shitcoins" can be added quickly and in large numbers mostly because they are simple derivations of existing coins that already have Ledger support.

Topic: New coins supported on Ledger Nano S! (Read 286 times)