Bitcoin Forum
May 24, 2024, 05:59:34 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Question regarding Nano Ledger S wallet permanence  (Read 177 times)
TruBitMil (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 10, 2019, 09:27:44 AM
 #1

Hi
I have a Ledger Nano S and was curious as to how the information is retained on the device.
Let's say I have restored my device with my passphrase and unplug it from USB power and place it in my drawer. If in 50 years from now if I plug it back in, will it still have everything "remembered" so I don't need to restore the device again.
Was just thinking about this and not sure if it contained like a little battery of if a chip is somehow programmed (physically)?
TryNinja
Legendary
*
Offline Offline

Activity: 2842
Merit: 7040


Crypto Swap Exchange


View Profile WWW
February 10, 2019, 10:36:56 AM
 #2

Even if they last that long, the most important thing you should be storing in the long term is your backup seed. Anything can happen to your device in 50 years, but if you have them, you have your coins.

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
TruBitMil (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 10, 2019, 11:30:44 AM
 #3

Even if they last that long, the most important thing you should be storing in the long term is your backup seed. Anything can happen to your device in 50 years, but if you have them, you have your coins.

Am well aware of that thanks.
Would still like to know the answer to my question.
TryNinja
Legendary
*
Offline Offline

Activity: 2842
Merit: 7040


Crypto Swap Exchange


View Profile WWW
February 10, 2019, 11:39:35 AM
 #4

Quote
The smartcard and USB-connector of the Nano have an augmented CC (Common Criteria version 3.1, part 1) certification level of Evaluation Assurance Level (EAL) 5+. This means an estimated lifespan of 30 years or 500.000 on-memry write cycles.

The Ledger Blue will be rated with CC EAL6+.
Source: https://www.reddit.com/r/Bitcoin/comments/7202fi/comment/dnesz4a

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
gentlemand
Legendary
*
Offline Offline

Activity: 2590
Merit: 3013


Welt Am Draht


View Profile
February 10, 2019, 12:48:42 PM
 #5

The memory may still be intact, though I certainly wouldn't expect it to be by then. I think flash storage needs spurts of electricity every now and then to maintain its stability. The above link cites 30 years but also adds that's with occasional use. There's no type of battery.

Your bigger problem will be software and firmware. It's doubtful Ledger will be an ongoing concern and whatever code they came out with will either be long since compromised or unusable on modern machinery and that's before we consider whether there'll be any type of USB connection by that point in time.

I regard the Ledger as disposable element. The seed is the permanent one.
KingZee
Sr. Member
****
Offline Offline

Activity: 924
Merit: 452


Check your coin privilege


View Profile
February 10, 2019, 01:11:14 PM
 #6

30 - 50 years is a very long time to go on and expect any technology to still function, let alone a ledger wallet.

I'm sure that theoretically speaking there's a lifespan for the circuit board. Depending on the quality of the chip it is possible to reach the lifespan you want, but it's really a stretch.

Store your keys in a paper wallet and keep it in your home's safe, that's years more efficient than storing the device and finding out after 30 years that it won't boot.

Beep boop beep boop
TruBitMil (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 10, 2019, 01:41:00 PM
 #7

Quote
The smartcard and USB-connector of the Nano have an augmented CC (Common Criteria version 3.1, part 1) certification level of Evaluation Assurance Level (EAL) 5+. This means an estimated lifespan of 30 years or 500.000 on-memry write cycles.

The Ledger Blue will be rated with CC EAL6+.
Source: https://www.reddit.com/r/Bitcoin/comments/7202fi/comment/dnesz4a

Thanks
TruBitMil (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 10, 2019, 01:44:34 PM
 #8

30 - 50 years is a very long time to go on and expect any technology to still function, let alone a ledger wallet.

I'm sure that theoretically speaking there's a lifespan for the circuit board. Depending on the quality of the chip it is possible to reach the lifespan you want, but it's really a stretch.

Store your keys in a paper wallet and keep it in your home's safe, that's years more efficient than storing the device and finding out after 30 years that it won't boot.

The 50 years was just an arbitrary number for my example - one could even start pondering the same question in regards to 1,2,5,etc years.
Thank again for informing me of the importance of storing my 'keys', but my intention behind this question was not to imply that this is what my intentions were in any way - I was just curious as to what would actually happen.
TruBitMil (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 10, 2019, 01:46:15 PM
 #9

The memory may still be intact, though I certainly wouldn't expect it to be by then. I think flash storage needs spurts of electricity every now and then to maintain its stability. The above link cites 30 years but also adds that's with occasional use. There's no type of battery.

Thanks
Pretty much the kind of details I was curious in understanding.
bitmover
Legendary
*
Offline Offline

Activity: 2310
Merit: 5962


bitcoindata.science


View Profile WWW
February 10, 2019, 01:56:19 PM
 #10

Even if they last that long, the most important thing you should be storing in the long term is your backup seed. Anything can happen to your device in 50 years, but if you have them, you have your coins.


Tryninja is correct here.

Even if the manufacturer says it will last 30 years, that doesn't matter as long as you have your seed.

In 30years any device you use now will not be compatible with the new ones anymore probably even USD won't exist anymore.

What matters about ledger is that it garantee the seed was safely generated and stored. And you can make your transactions now safely

.
.BLACKJACK ♠ FUN.
█████████
██████████████
████████████
█████████████████
████████████████▄▄
░█████████████▀░▀▀
██████████████████
░██████████████
████████████████
░██████████████
████████████
███████████████░██
██████████
CRYPTO CASINO &
SPORTS BETTING
▄▄███████▄▄
▄███████████████▄
███████████████████
█████████████████████
███████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
███████████████████████
█████████████████████
███████████████████
▀███████████████▀
█████████
.
TruBitMil (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 10, 2019, 05:44:35 PM
 #11

Sigh. Technical question turning into a seed safekeeping lecture.  Grin
TryNinja
Legendary
*
Offline Offline

Activity: 2842
Merit: 7040


Crypto Swap Exchange


View Profile WWW
February 10, 2019, 06:35:22 PM
Last edit: February 10, 2019, 08:43:07 PM by TryNinja
 #12

Sigh. Technical question turning into a seed safekeeping lecture.  Grin
Thankfully.

When something so simple like writing down a string of 12-24 words can safeguard even a multimillionaire investment, we must advocate it everywhere, don’t you think? Wink

█▀▀▀











█▄▄▄
▀▀▀▀▀▀▀▀▀▀▀
e
▄▄▄▄▄▄▄▄▄▄▄
█████████████
████████████▄███
██▐███████▄█████▀
█████████▄████▀
███▐████▄███▀
████▐██████▀
█████▀█████
███████████▄
████████████▄
██▄█████▀█████▄
▄█████████▀█████▀
███████████▀██▀
████▀█████████
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
c.h.
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀█











▄▄▄█
▄██████▄▄▄
█████████████▄▄
███████████████
███████████████
███████████████
███████████████
███░░█████████
███▌▐█████████
█████████████
███████████▀
██████████▀
████████▀
▀██▀▀
TruBitMil (OP)
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 10, 2019, 08:38:40 PM
 #13

Sigh. Technical question turning into a seed safekeeping lecture.  Grin
When something so simple like writing down a string of 12-24 words can safeguard even a multimillionaire investment, we must advocate it everywhere, don’t you think? Wink

Fair enough, but I did state quite early in the thread that I am well aware of that and that my original question pertains to the technical side of things. So to keep reading the same "safeguard your keys manually/offline" in almost every reply was getting quite repetitive, for me at least, and surely anyone else who it needs to be advocated for. But my comment regarding this, was and still is, a bit tongue in the cheek. In any event, thank you for all the replies, it was helpful.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!