Topic: Trezor or Ledger !! (Read 382 times)

I've not seen any in depth analysis of the Titan and its hardware, good or bad. However, I have little faith in a company which puts a new cover on an Android phone and calls it a hardware wallet. Even if the new Titan has addressed many of the issues raised, their past behavior is very amateurish and I wouldn't trust their new device, especially given it is closed source.

To be honest, they claimed the same thing a few years ago when they were selling a PCB based on a MediaTek SoC from a cheap smartphone disguised as a "most secure" hardware wallet. That was long before Ellipal Titan was developed.

I've not seen any in depth analysis of the Titan and its hardware, good or bad. However, I have little faith in a company which puts a new cover on an Android phone and calls it a hardware wallet. Even if the new Titan has addressed many of the issues raised, their past behavior is very amateurish and I wouldn't trust their new device, especially given it is closed source.

Would you trust it knowing that  a few years ago the 15-years-olf kid has managed to breach the security of  that wallet pretended to be safe?

Please give me the reference to research on the possible vulnerability and "phone-like"-design of     Ellipal Titan but  not of the  old model dubbed as Ellipal. Thanks.

To be fair, they (or Baanx) will have your KYC details if you submit your KYC details. You don't have to, and you don't have to use their upcoming debit card either.

Now Ledger are trying to turn themselves in to a KYC collecting bank/exchange/debit card provider, which is terrible for the privacy and security of your coins.

So now I say go Trezor but make sure you use a long a complex passphrase to mitigate against the above attack.

Sorry, but I'm not convinced. You have referred to the old model and those investigation in the distant past are known for me.  Now they have completely new model i.e. Ellipal Titan which is recognized widely as the most secure HW wallet (DYOR).  They clearly indicated that
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The Most Secure Crypto Hardware Wallet with Mobile App Support to Protect Your Crypto Assets.

Sorry, but I'm not convinced. You have referred to the old model and those investigation in the distant past are known for me.

!!!AVOID ELLIPAL AT ALL COST!!! Over 2.5 months waiting for this. WORST costumer service EVER. They answer questions with answers that don’t answer the question. In the EU they send it to Germany storage to send it around the EU. So no import costs for EU ppl, as they import it to there location in Germany. And we order it from Germany, not Hong Kong. First package arrived they said, but it did not. Now they send my package, that got lost in the mail (there private delivery service mail), from Hong Kong. Result, import is 1/3 of the total price for import. And they don’t want to pay that. Despite import being in the item price if they distribute it from Germany. So not gone pay that cost on top of everything i already paid. They don’t want to pay it, instead saying i need to pay it and they will pay it back. So that is a big red flag for scamming. Also, they said they would pay 25$ back for the import. But the import is 76,79$. They are just faking delivery with there own transport services. And then asking you to pay even more if the package does not arrive. Seems like they are having some delivered just to seem legit. Immens amount of reviews of ppl getting nothing, not getting refunds. And a lot of review that are pos that seem like paid reviews. Keeping all mails of conversation for legal reasons. They said i would get a refund, but i am pretty sure i wont or it will be a refund waaay lower then the price i paid.

I bought my Titan in late 2019 – at first I was happy about the build quality, but this changed according to problems updating the firmware – the ellipal support first sent a second magnet-adapter, because my wallet could not find the sdcard to update the firmware – after months of back and forth the support send a new Titan where they already had done the firmware update and I sent my first one back – now – a year later I again tried to make a firmware-update – and again I have troubles – this time my Titan finds the sdcard, but it tells me, the firmware is up to date, even if it is NOT …. The Magnets from one of the adapters are falling out of the adapter itself since 3 weeks ago, so this adapter is now broke too … sadly I purchased a Ledger, and I transfered my holdings to the Ledger device ….. really disapointed … great concept, but this type of trouble is nothing to HODL long term … sorry – I CAN NOT REDOMMEND it any longer

This is probably one of the worst junk I ever saw used in hardware wallets, and I am sure nothing much is changed from inside with their new ''Titan'' version with metal enclosure.
Cellular technology EDGE; GPRS!?, HSPA+, Bluetooth, Wi-fi, GPS.... all inside Ellipal wallet, even FM radio if you get bored and want to listen some music on Ellipal  

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Can you prove your statement?  Without it  I would consider your   words as empty ones.

Good alternative option is always doing cold storage with your old computer/laptop that has fresh Linux OS and disabled any internet connection.

Can you prove your statement?  Without it  I would consider your   words as empty ones.

Ideally, I would say get neither and start exploring other options. Personally, I've pretty much abandoned hardware wallets for the time being until I find a device and company which don't have significant flaws/bugs/vulnerabilities as above (or until Trezor release a new device which fixes the above vulnerability).

And what about ^{Ellipal Titan}? 

Which one is best to buy in 2021?

Trezor is legacy wallet as well Ledger is most integrated & preferred wallet.

According to me, Long Holders usually prefer Trezor & ledger is preferred for everyday transactions.

Now, let share information what you like to buy and why?
 

You have a point, but based on my limited knowledge of the field in question, most of the ones I've seen were limited to POS ^{[with the exception of a few (e.g. Kraken)]}.

Color me surprised as well! That's a selling point, but if your coins are POW (e.g. Bitcoin) then 😅

I wonder how their staking platform performs when compared to other staking options in terms of rewards, and if Ledger gets a percentage of each sum that is paid out? If you use their swaps platform for example, you get worse rates than if you visited the official website and performed the swap there.   

He is probably thinking of this: Blockchain Open Ledger Operating System.

You could've achieved that with Ledger as well: EARN MONEY BY HOLDING CRYPTO ASSETS
^{- I'm not sure when they've introduced that feature exactly!}

Mostly online transactions, but when I want to sell BTC then I visit one of the physical exchanges available to me - unfortunately I don't have any physical store nearby that accepts BTC.

When I started 2014 and the price was below $1000 and then it fell below $200 - it was possible to collect very nice amounts on faucets, and so I earned my first BTC. It was a time of opportunity, and the waste of time as some called it paid off

I have to admit that it was a completely different time, because given the price of BTC most people didn’t care too much about the safety of coins, although the Trezor made its first model just in early 2014. It took years for hardware wallets to become interesting to the wider crypto community, and I think I only bought the first device in 2018.

You could've achieved that with Ledger as well: EARN MONEY BY HOLDING CRYPTO ASSETS
^{- I'm not sure when they've introduced that feature exactly!}

Which one is best to buy in 2021?

Ledger is most integrated & preferred wallet.

According to me, Long Holders usually prefer Trezor & ledger is preferred for everyday transactions.

I'm aware of the risks, but I'd rather earn interests aside from price appreciation.