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19935914 No.19935914 [Reply] [Original]

What are your opinions on hardware wallets such as the Ledger Nano X? Why do or don't you use one and why are you too cheap to invest $100 to secure your entire stack?

>> No.19935970

>>19935914
Ledger it is a piece of shit, i use trezor + the passphrase feature.

>> No.19936052

>>19935970
why is it a piece of shit?

>> No.19936078

>>19935914
Ledger works great, has a good interface and is easy to replace. Totally worth the piece of mind knowing people can't just decide to take my eth and run any day of the week cause it's on an exchange

>> No.19936123

I use ledger nano x. I like it. I use it for my long term hold. I never used a trezor so idk about>>19935970
ive had paper wallets, and my key almost faded in oblivion once. Be carful about the ink you use.
My Ledger Feels really safe so I recommend a hardware wallet, especially if you own more then 1 btc I’d say.

>> No.19936126

>>19935914
I dont like the nano x because Bluetooth seems like a bad idea. Nano s and trezor are both acceptable choices. If you aren’t going to move your coins ever a paper wallet is more secure, but the second you type in your private key on any internet connected machine you open yourself up to vulnerabilities. You could use an air-gapped setup and two computers, but thats getting a bit cumbersome. Thats why hardware wallets exist. They are just tiny air-gapped PCs so that your private key never has to touch an internet connected machine.

>> No.19936133
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19936133

>>19935914
Ledger is great, got one for myself last week
Ledger Nano S is alright, you don't need X if you have a computer

>> No.19936149
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19936149

>>19935914
I got low six figures in crypto on my Ledger and I got the passphrase in cryptosteel in a safety deposit box with my notarized will.

Remember to make sure that should it come to the worst your family can still enjoy your crypto wealth after your death

I accept that the cryptosteel is insecure I'm looking for a better scheme such as a BIP38 encrypted laser engraved cold wallet/s

>> No.19936194

>>19936133
I just stole all your crypto

>> No.19936269

>>19936126
Ty for explaining

>> No.19936699

I don’t get one thing with the Ledger. I understand that BIP39 added the feature for seed phrases but I thought you only needed to enter 4 characters.

Doesn’t ledger make you enter the whole word?

>> No.19937072

>>19936194
NOOOOOOOOOO, don't steal my life saving

>>19936699
Yes I believe so, at least during setup

>> No.19937143

>>19935914
Don't trust them. Just like exchanges they can be exploited. I keep my three figure cold storage on a paper wallet in a safe.

>> No.19938381

Use fucking Safepal and not an expensive as fuck Trezor.

>> No.19938419

>>19935914
I used Ledger before, but now I just bought a new one. Completely offline, NGRAVE ZERO. www.ngrave.io

>> No.19938442

>>19935914
Seems really cool and I want to buy one just to look tactical but to be honest, I do not see anyone hacking my trustwallet.

Also, staking seems like it would be more difficult in an offline wallet.

>> No.19938449

>>19938419
https://www.indiegogo.com/projects/zero-the-most-secure-easy-to-use-crypto-wallet#/

>> No.19938475

https://www.indiegogo.com/projects/zero-the-most-secure-easy-to-use-crypto-wallet#/

>> No.19938491

>>19936133
kek did someone really post this somewhere?

>> No.19938542

Meh I feel like I would either lose this somehow or it would get stolen eventually. I feel better just leaving my coins on various wallets and exchanges like metamask, binance, coinbase and whatever lesser exchanges I might have a random alt on. That way even if one of those gets hacked I still have most of my shit spread out

>> No.19938565

>>19938442
It's not an offline wallet. One of the advantages is that you can still do frequent transaction with extra layer of physical security. I think staking won't be a problem as I can use Compound just fine. It's compatible with MetaMask.

>>19938491
Yes not sure if troll

>> No.19938624

>>19936149

Damn, very prepared. I have a quarter million in Link spread out across my Ledger, Binance, and Coinbase and nobody knows about it. And I'm an idiot on my motorcycle. Kek. 50k Link could be "burned" any day now.

>> No.19938747
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19938747

>>19937143
>trusting a paper wallet more than a ledger

>> No.19938754

>>19938475
This is pretty cool. But I already have my ledger...

>> No.19939556

Trezor is open source, ledger isnt, it matters

>> No.19940372

>>19935914
Tough for bizlets to justify a $100 purchase to protect their $50 portfolio

>> No.19940486

>>19936133
Lmaooooooo

>> No.19940518

I have a trezor, and have the seed phrase stamped into multiple stainless steel sheets, which are hidden in multiple places

>> No.19941016
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19941016

>>19935914

I have a nano S, the peace of mind is worth way more than what I paid for it. Once your portfolio is worth more than a months pay you would be crazy not to have one.

>> No.19941131

>>19936052
It’s not open source. The company ledger can take your crypto any day they want from the Trojan horse they installed.

>> No.19941203

>>19941016
>closed source
>peace of mind

Why do you trust Ledger so much ? I want public eyes on the code that is protecting my crypto. If the public can’t view the code it’s a scam

>> No.19941206

>>19938747
paper wallets are better security

>> No.19941235

>>19941016
weird shit anon its like believing a dildo up your ass protects you from bullets

>> No.19941259

>>19935914
Don't buy from Ledger. They will store your address and billing details indefinitely. They do not care about the GDPR (if you live in the EU or UK). Every such database gets hacked sooner or later, which means, that bad people will sooner or later have a giant catalog of physical home address of people who might have valuable bitcoin.

Btw, I'm currently in the process of putting legal pressure on Ledger to delete this personal user information. Complete piece of shit company, through and through.

>> No.19941299

>>19941203

I dont have a ton of money in crypto but will get a trezor and split the folio eventually

>> No.19941326

I have two ledgers with holdings split across both and 8 wallets each but yeah I'm still worried about the whole closed source stuff

Might pick up a treznor and split funds again

I mean I should probably go full air gapped solution one day

>> No.19941357

>>19941131
Proof?

>> No.19941974

>>19941131
yet you trust trezor not to have backdoored their just because "muh somebody could verify the code" what about physical backdoors. If your argument is that my company is better than your company because i trust my company more your a retard.

>> No.19942490

>>19941974
You can run the Trezor code on a Raspberry Pi. That way you don't have to trust their hardware.

>> No.19942522

>>19941259
Just buy from Amazon

>> No.19942528
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19942528

>>19935914
I have 270k Chainlink and store the wallet on pick related.
"hidden in plain sight"

>> No.19943046

>>19942528
Until you or somebody else accidentally throws it out.

>> No.19943685

>>19936133

Are you fucking retarded

>> No.19943818

>>19935970
FpBp. Trezor is a better, more solid product. I had one Trezor brick during an update, which sucked, but otherwise no problems whatsoever. While my Ledger had crapped out on me repeatedly, sometimes decides to connect to one PC and not another, or isn't recognized by Windows.

>> No.19944096

>>19935914
cant younjust write this shit down on paper?
serious question.

>> No.19944139

>>19935914
Coldcard best wallet

>> No.19944302

>>19941203
Opening the code to outsiders could be a way for malicious actors to analyse the code and look for vulnerability and launch attacks based on that knowledge.

>> No.19944531
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19944531

>>19943685
newfag here, how is that photo doing any wrong, or is it the paper note beside it?

>> No.19944937

>>19941206
not really, stop posting brainlet

>> No.19945044

Holy shit I'm glad I saw this thread
Was literally about to buy a Ledger Nano S TOMORROW
Is Ledger not being open source that big of a deal? How likely is it that the company behind the device would do some fucked-up shit like try to steal their users' crypto?

>> No.19945136

I bought a trezor on Amazon. Works well with MEW. It's where I hold all my RSR.

>> No.19945160

>>19941259
I got mine delivered to a different location.

>> No.19945170

>>19945136
Never buy hardware wallets off Amazon.

>> No.19945171

Got mine super cheap on the used market

>> No.19945178

>>19935914
Because private keys work better?

>> No.19945203

>>19945170
It looked sealed and untampered

>> No.19945303

>>19945203
They use gloves

>> No.19945334

>>19945303
But when I update it through trezors webpage wouldn't that delete whatever spyware they put on it. Is there anyway I can check if it has been tampered with

>> No.19945402

>>19945334
Not sure about trezor but ledger notified me that my device was authentic when I first installed the software

>> No.19945529
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19945529

>>19944531

Hi Simpleton. Yes, it is the paper behind it that shows the seed keys. You never share that. Now go put all of your money in Link. Don't ask any questions. Just do it and wait 5 years.

You're welcome.