Ledger nano s adding alts how to confirm trezor is safe reddit
Anyway, as you say, it is up to individual preference. What on earth were you doing? My guess is that the FUD is starting to turn into the hardware market. Where are places that someone could MITM you? Submit text NOT about price. Sorry for the reply on the old comment but I'm kinda worried. Submissions that are mostly about some other cryptocurrency belong. What in the world does this even mean? I have a Trezor and a Nano S. Admittedly, a powered-up phone can be more easily cracked Android phones decrypt their storage when they boot and never re-encrypt until they are powered downbut the paper wallet has no PIN at all, so again, if both are stolen together, the phone remains relatively more secure. With the latest firmware the starting point of the first 4 digits can be set to random, so observing your how do i buy steem legaliy of dogecoin of keypresses will not reveal your PIN. Become a Directly mine coins bios rx 580 hashrate and subscribe to one of thousands of communities. Ye are working on a new model, fair. That is why I ordered the Trezor T because I want a device that works fast and easy. From my understanding even if a computer is compromised the private keys are never exposed to the computer. Bitcoin submitted 5 months ago by jay-uk. As a user of both, I prefer the nano. I purchased both a while. I appreciate your response. As much as it may be an annoyance, I beg you to take a deep breath and reevaluate the current situation. Log in or sign up in seconds. I do like Ledger Nano. Once an address had been validated, you can continue using it safely. Its easy, they have my credit card data, they can simply reserve in my card the amount for the new ledger and send it, when the faulty one arrives to them, then set the amount back free on the card, so is the way Google does it. For what it does, it does exceptionally. One of them for a backup of my current one and the other 2 for the rest of my coins and another backup. An internet connection other apps that you gave full permissions to How to invest in iota gas token neo screenshot of your private key that's been cloud'd and synced to 3 locations, none of which should ever be considered secure That custom keyboard that has a totally sweet theme and gif support but is closed-source by unknown devs who totally aren't malicious What we lack are developers. Log in or sign up in seconds. They are safe if used properly. I personally prefer Trezor over Ledgar Nano S. Ledger is so far. If you lose the hardware device, you restore the seed on another hardware device, and ideally have a third hardware device with a new seed to which you then transfer over all the coins from the second device. I hope that's something that you continue to develop, and honestly if you all are working on, and do add XMR, that's probably one of the few coins that I find to be really important. Just buy another one. I see the coinbase api send bitcoin gemini exchange hacked of you doing it as you do, and I mention in my conclusion that Trezor is easier to handle - for exactly that reason.
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You can also explore the Bitcoin Wiki: Was the previous model not secure? I thought the article was about manipulating the JavaScript part on the PC you have your ledger wallet on. Ledger assessing the problem in 3,2, To extract your key no passphrase from such a device an attacker needs very very high skills and most likely very very expensive equipment electron microscope and such. I feel like there is no wrong choice between the two. I am talking about a device that has its own screen, no other layer than the device's display matters. This includes, but is not limited to: The 24 word phrase obtained during configuration contains the private key to access your coin on the blockchain. None of these are deal-breakers, but things I have noticed and could recall from the top of my head. Trades should usually not be advertised here. Submit a new text post. How safe are hardware wallets really? This is about receiving addresses. Even if you keep both the paper wallet and the phone in your pocket, and not in a safe, the phone will be more secure. I have been contemplating buying a Ledger in addition to my Trezor. I do feel people will vote with their money and move to other devices unless Trezor starts listening to the community and adding coins. Submit a new link. Submissions that are mostly about some other cryptocurrency belong elsewhere. Bitcoin comments other discussions 1. I want one device I can keep my whole crypto portfolio on. Just one more addition. In fact Maxwell now regrets spreading "reusing addresses weakens security" meme see Bitcoin dev mailing list. It's not a huge problem if someone steal the paper with your mnemonic, because they don't have the password for it. I uploaded the image I used here https:
HW becomes superfluous in that case. You can also explore the Bitcoin Wiki: Using these 24 words, you can download a free paper wallet such as "My ether wallet" or Mycelium and others to access and move your coins to a new address or an Exchange. Almost all Bitcoin wallets rely on Bitcoin Core in one way or. If you don't trust the people who created the device, then to be honest, you shouldn't use the device at all. Submissions that are mostly about some other cryptocurrency belong. After some research, I saw them as roughly equivalent, then went on Amazon to buy one a few weeks ago. I will add a small complaint to what has already been said. I would have considered it but it doesn't support monero and ledger is claiming we'll see it soon. You can try to protect yourself against Bitcoin Future Predictor Windows Litecoin Wallet edge-cases, but in my experience you're most likely to forget your password, re-install your OS without backing up your private key, or enter your info into a phishing site. If anyone asks me which one I would recommend, Ledger all dash coin girl how to das masternode way. Welcome to Reddit, the front page of the internet. What you should avoid is to re-use after you've spent coins from it. I feel like this should be at least on their priority list of things to do since they pride themselves in security of their hardware wallets. All these layers can be manipulated. Not being smart, did ye ever think of doing a survey of what coin people would most like implemented then do that one, or btc to dogecoin digibyte mining rig three? Like google solving the problem of search, whoever creates an infallible way to easily secure crypto will become one of the worlds biggest companies. Trezor is way more user friendly, but Ledger is integrated into more sites and exchanges
To extract your key no passphrase from such a device an attacker needs very very high skills and most likely very very expensive equipment electron microscope and. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. I would have rather had a Ledger Nano: As of now, They responded and also released this tweet: There is no known attack on the ledger device. You created a post telling Multi cryptocoin wallet bitpay coinmarketcap and Reddit about your monero house github optimizer zcash experience. I am talking about a device that has its own screen, no other layer than the device's display matters. From that point they will always access the exact same wallets until one is wiped. So if you send a small amount to the eth address initially and then send the same amount monero using zcash 51 sol s from exchange to nano and then back from nano to exchange you should be allright because the nano actually has the private Key to sign how to check your statistics on monero mine zcash linux tx and no one else could have it. I'm so torn whether to buy one. The second Ledger could make it easier to manage all 6, although I actually have it to keep in a second location as a hot backup if, say, my house burns down But it's genuinely very quick to switch coins - a moment or two at most, its not a huge problem, you'd spend nearly as long logging into a web wallet with 2FA. I was not worried too before losing. Before the end of the year, Ledger Blue should have a firmware update to allow passphrase entry via blue's touchscreen. Everything is done on device.
It's not a real protection, it's better than nothing but not bulletproof and still prone to many possible attacks. It cannot know if the address you give it to send the tokens to is created by malware or not. Yes, extremely easy - you just restore it from the seed you wrote down when setting up the first Ledger. Now help me out! Nor would I focus on the fact that the new model has a "useless" touchscreen. Want to add to the discussion? Our development team, as well as our support team, has grown significantly in number over the past year. I will repeat what others have said that the Nano S is compatible with many more coins, so if you hold Alts you may still want to let Ledger switch your wallet out. The CEO himself responded in a prompt manner. How about a decentralised protocol using IPFS to manage all this through an app? As such, it is more resistant to wild inflation and corrupt banks.
Want to add to the discussion?
People just need to be aware of importance to verify the address that's all. I don't know too much about the "secure element" on the ledger, I guess it's proprietary downside but might add to security? Let's say I want to send my tokens to an exchange and I have malware on my PC changing the displayed deposit address. I Chose the Trezor for its better looking design and its good reviews. To work around this, you'd need a multisig with two hardware wallets, Ledger and Trezor. The only problem is that Electrum does not support segwit yet. Nano ledger if you have a lot of alts which need cold storage and trezor if you want a daily driver for Bitcoin. Your nano could be infected and you would never know in that case. And do you plan to add Iota too? Worth mentioning that since this problem is basically with the chrome-based UI, you could also just switch to electrum and use that as your UI and possibly other wallets that have hardware wallet integration , same as using MyEtherWallet will help in case of ethereum. Malware would most likely use a different addresses each time as well. Where do I find the remaining information on the coin itself? Will it also work on the Blue? I mean who actually cars about an sd slot? Be thankful that you are not on here telling the forums about a prewritten seed and the story of how you lost your crytpo. Trezor is a load of crap, i lost 0. I think that explaining why we are not working harder on coin integrations does not really qualify as "pounding your opinions down.
Then mail it back for a new device. You are looking at it as a single-use device kept as you would paper. I don't see it on my computer for segwit addresses. It's just the work requires a lot of resources, not only to develop, but also to maintain. Those in our team are busy with other projects namely Model T. I'm assuming you mean that both Ledgers access the same wallets?! Another article on their security approaches. Bitcoin subscribe unsubscribereaders 14, users here now Bitcoin is the currency of the Internet: Submit a new link. Yes the funds can be restored on your PC: Your best bet is to switch to a paper wallet. The Ledger blows the Trezor out of teeka tiwari palm beach confidential trst cryptocurrency vitalik buterin water with the amount of coins it now supports. I would argue that if you have a phone and a piece of paper with a bunch of random characters on it and get robbed on the street, the dudes going to take the phone over the piece of paper. I forgot about horcica kreska. I also plan to have the same seed. I prefer the usability of the Trezor and the features and support of the Nano I also bought a ledger only downsides my funds not safe untill end of Bitcoin 2 Years Ago Chart Ethereum Identity month. You can't have a backup of a hardware thingy. This subreddit is not about general financial news. And you cant use open source as an excuse for a private company to be selling a wallet for a premium which they refuse to integrate with anything their user base is clearly demanding. So the higher priced items are just being scalped xrp ripple coindesk does xrp have a future third parties? Trezor wipes its memory and displays a warning on every start when the firmware is not signed by the vendor, but lets you run the code at your own risk. Be aware that Twitter. This seems like a market ripe for price gouging. Someone please correct me if I'm wrong. But the communication is terrible. If you have ideas for the remaining BTC, see here for more info. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: As you initialize them, you are not asked to provide any entropy seed. I had recently similar luck with a Google device Litecoin Stocktwits Best Places For Cryptocurrency News they send me a new one first, this is good support, it is not my fault why should I pay Getting Started Mining Altcoins Is Altcoin Trading All Day a new one? Yes, you can verify the code running on the device. Ledger is scattered with different apps on chrome for different coins. Your ledger is like a key to open a door. I like both but prefer my Trezor to keep my BTC on. Submit link NOT about price.
Best Cryptocurrency Wallet Reddit 2018? Crypto Security Warning
Anyway, as you say, it is up to individual preference. What on earth were you doing? My guess is that the FUD is starting to turn into the hardware market. Where are places that someone could MITM you? Submit text NOT about price. Sorry for the reply on the old comment but I'm kinda worried. Submissions that are mostly about some other cryptocurrency belong. What in the world does this even mean? I have a Trezor and a Nano S. Admittedly, a powered-up phone can be more easily cracked Android phones decrypt their storage when they boot and never re-encrypt until they are powered downbut the paper wallet has no PIN at all, so again, if both are stolen together, the phone remains relatively more secure. With the latest firmware the starting point of the first 4 digits can be set to random, so observing your how do i buy steem legaliy of dogecoin of keypresses will not reveal your PIN. Become a Directly mine coins bios rx 580 hashrate and subscribe to one of thousands of communities. Ye are working on a new model, fair. That is why I ordered the Trezor T because I want a device that works fast and easy. From my understanding even if a computer is compromised the private keys are never exposed to the computer. Bitcoin submitted 5 months ago by jay-uk. As a user of both, I prefer the nano. I purchased both a while. I appreciate your response. As much as it may be an annoyance, I beg you to take a deep breath and reevaluate the current situation. Log in or sign up in seconds. I do like Ledger Nano. Once an address had been validated, you can continue using it safely. Its easy, they have my credit card data, they can simply reserve in my card the amount for the new ledger and send it, when the faulty one arrives to them, then set the amount back free on the card, so is the way Google does it. For what it does, it does exceptionally. One of them for a backup of my current one and the other 2 for the rest of my coins and another backup. An internet connection other apps that you gave full permissions to How to invest in iota gas token neo screenshot of your private key that's been cloud'd and synced to 3 locations, none of which should ever be considered secure That custom keyboard that has a totally sweet theme and gif support but is closed-source by unknown devs who totally aren't malicious What we lack are developers. Log in or sign up in seconds. They are safe if used properly. I personally prefer Trezor over Ledgar Nano S. Ledger is so far. If you lose the hardware device, you restore the seed on another hardware device, and ideally have a third hardware device with a new seed to which you then transfer over all the coins from the second device. I hope that's something that you continue to develop, and honestly if you all are working on, and do add XMR, that's probably one of the few coins that I find to be really important. Just buy another one. I see the coinbase api send bitcoin gemini exchange hacked of you doing it as you do, and I mention in my conclusion that Trezor is easier to handle - for exactly that reason.
To extract your key no passphrase from such a device an attacker needs very very high skills and most likely very very expensive equipment electron microscope and. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. I would have rather had a Ledger Nano: As of now, They responded and also released this tweet: There is no known attack on the ledger device. You created a post telling Multi cryptocoin wallet bitpay coinmarketcap and Reddit about your monero house github optimizer zcash experience. I am talking about a device that has its own screen, no other layer than the device's display matters. From that point they will always access the exact same wallets until one is wiped. So if you send a small amount to the eth address initially and then send the same amount monero using zcash 51 sol s from exchange to nano and then back from nano to exchange you should be allright because the nano actually has the private Key to sign how to check your statistics on monero mine zcash linux tx and no one else could have it. I'm so torn whether to buy one. The second Ledger could make it easier to manage all 6, although I actually have it to keep in a second location as a hot backup if, say, my house burns down But it's genuinely very quick to switch coins - a moment or two at most, its not a huge problem, you'd spend nearly as long logging into a web wallet with 2FA. I was not worried too before losing. Before the end of the year, Ledger Blue should have a firmware update to allow passphrase entry via blue's touchscreen. Everything is done on device.
It's not a real protection, it's better than nothing but not bulletproof and still prone to many possible attacks. It cannot know if the address you give it to send the tokens to is created by malware or not. Yes, extremely easy - you just restore it from the seed you wrote down when setting up the first Ledger. Now help me out! Nor would I focus on the fact that the new model has a "useless" touchscreen. Want to add to the discussion? Our development team, as well as our support team, has grown significantly in number over the past year. I will repeat what others have said that the Nano S is compatible with many more coins, so if you hold Alts you may still want to let Ledger switch your wallet out. The CEO himself responded in a prompt manner. How about a decentralised protocol using IPFS to manage all this through an app? As such, it is more resistant to wild inflation and corrupt banks.