Is Ledger Nano X worth the extra $$$?
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Looks cooler
X is a sexier letter than S so yes
mfw i use the ledger blue
Does anyone who actually uses crypto own a hardware wallet? These things are stupid gimmicks that only rich normie dabblers in 2017-early 2018 bought.
>doesn't know he's the newfag.
£109
$138
That $138 could one day be $10,000 if you bought the right crypto. I've never been hacked ever in 15 years of using a computer daily. It's a meme
It depends OP. I have the Nano S, and it pisses me off how little room there is on the damn thing. I literally cannot have Cardano, Ethereum, Neo and Bitcoin apps on it at one time, not enough space.
But still, I rarely ever move my coins, so it matters very little. I have no idea if it even has more space, probably it does. But if it costs a lot more I would maybe just get more crypto.
im more concerned that theyre probably manufactured in asia so there could be a backdoor. imagine them all getting drained at once.
or you could risk losing 100,000 dollars to save 138
They're pretty useful for securely interacting with dapps. Also if you think $100 is expensive for security, good UI and peace of mind then you are a street shitter who probably just uses Metamask with no additional layers of security.
Lol this been in since 2013 and have never cared to go off exchanges this is 2019 if there is a hack these are reputable exchanges and will surely compensate
Just get a Mac which is unhackable and copy-paste your private key like normal people ffs
>Risk
Risk what
I've never been hacked
You're risking you lose the seed
You're risking ledger gets hacked
You're risking you die tomorrow when you go outside
I have a nano s, the bluetooth part of the x concerns me..the whole point of a hardware wallet is to be offline
I personally know two people out of dozens who own these. One was a friend of mine who went all in XRP in December 2017, sold the top, went delusional with euphoria and held other shitcoins throughout 2018. Other was a normie who bought a couple hundred BTC on his brothers' advice in 2015 and was a multimillionaire at the top. Last I heard he sold everything at 4k.
I don't associate these devices with success and neither should you. $100 buys a nice dinner somewhere.
You have nothing to worry about unless you're trading on shady exchanges, in which case the wallet won't even support your coin/token anyway.
>these are reputable exchanges and will surely compensate
oh, undoubtedly user, undoubtedededededededfuckly
>You're risking ledger gets hacked
Wouldn't have any bearing on the security of your wallet.
If you aren't risking your money on known scam exchanges like Bitgrail or Mt. Gox or BTC-e, you haven't had anything to worry about.
b-But muh funds are s-SAFU!!!!
Yeah, still
It's a gimmick
checked
literally and unironically this
only newfags are concerned about much security
I've seen more people lose their coins with those hardware meme sticks than from an exchange exit scamming
this
better just use yubikey and gpg to encrypt your private keys on a clean machine
>I haven't been hacked yet
>therefore, I never will be
Imagine not having the private keys stored somewhere safe in physical meatspace
why would you not make shit easier for your self? i dont get people some times. Tech is supposed to make your life easier. All i have to do is plug my shit in, put a password and thats it.
the ease to use is based on some complex engineering stuffs
complexity implies vulnerability
simple solutions like GPG is the safest way imo
>hey mom have you seen my bitcorns i thought i left it in my sock drawer
I have my pv keys written down somewhere obviously but the point is you could say that about anything.
>$140 for a usb stick that you could encrypt yourself using truecrypt or w.e. and keep a copy on paper elsewhere
I have never been hacked and never will be
Just get a fucking trezor dumb ass
>he named dropped old exchanges like they were scam exchanges from day one
At that point in time thats al there was to use
based and simple pilled
its the principle
im confused on how you think these things can get hacked. The only time they have power is when they are plugged into a personal computer that you trust to exchange funds. How again could they cracked millions of peoples ledgers?
Anyone with sense was using Stamp or Finex.
ok back then there was only gox and btce. I remember having to use money grahm to send funds to buy btc. Everything else at that time was some serious russian scam site. Even more so then BTC E. i lost 3 tce and 30 ltc when that got taken down
0-day exploits are discovered every year even in the most common software that has already being used for over a decade
nothing is really safe and complexity of a product increases the chance it will get hacked some day
Women. Why are you girls seduced by marketing? It has nano plus an S it must be cooler. Just use a damn pencil and paper and get a testosterone check with the money you saved.
I'd imagine some virus will be targeting these hardware wallets and steal user's funds exploiting a 0-day bug once a hardware wallet is inserted into the machine.
I specifically did not go with the X because I dont want Bluetooth or smartphone connectivity.
>0-day exploits
anything is possible im not doubting that. Whats the softer target? binance(wich got hacked recently) them compromising your computer, or a ledger? whats the softer target here?
so then that would imply the computer is fucked right? so i only plug my shit in to buy more or offload. That happens my once 1 month maybe less. I dont want to fuck with buy a computer and configure it. I could just buy one of these things use it when i need it and put it in safe storage. I dont have to worry about losing my private keys. All i gotta do is put my seed in one safe place and the ledger in a totally unrelated safe place.
Get a Trezor. Ledger don't have native erc20 support
Not to worrying it fundus are safu.
You get to pay more money for more vectors of attack on your wallet. Sounds like a good deal op.
what if the backdoor has a backdoor
I like the Trezor for that reason. Their hardware and software are open source:
github.com
The ledger is not fully open source because they have an industry standard security chip that is proprietary. That said, the design is pretty simple that if you crack one open you would know if it had a hardware backdoor.
Check out this tear down vid:
youtu.be
Fucking retard. Coins are not stored on the stick. The stick only holds a private key. If there is a preset key or reset phrase by the manufacturer, they can access your coins anytime they want.
Coins are always stored on the blockchain, not the wallet.
imagine
How is that? I'd prefer more of an interface with it. That's the tablet, yeah?
this. The vast majority of owners of those are people who know nothing and wanted a "OG cripto trader" accessory.
Paper wallet + encrypted usb drives + airgapped laptop only
it' snot so much a back door as an inherent mathematical vulnerability of weak or no encryption. you can't have strong encryption without strong password for such a weak hardware as a secure element chip.
crypto in the end all comes down to math and probability. everything else is snake oil bullshit.
>generate wallet seed in a different, airgapped environment
>use that seed on the ledger
>no precomputation possible
>ledger never connects to the internet
Gee, user. I didn't know people on here were this technically inept.
funny an other user was hell bent on using the ledger to generate the seed exclusively as he believed it creates better quality random than a user input based random pool every good software uses along with quantum based real random generating instructions found in every moderd cpu...
you two should talk to each other! until only one is left to deal with.
i think i prefer the wide ice desu
if they combined the wide ice with the non-pussy rules of the NHL we'd really have a game