Best Hardware Wallet

[aryer84]

IMO the KeepKey is the best hardware device out there for the money.  It's just wonderful

[kolloh]

Hello everyone,

What would happen if I had some bitcoins in a Nano S wallet and someday ledger decides to drop the project. Would I be able to still use my wallet somehow if I had my seed?

Yes you can import it in a wallet which is compatible with that seed. I know electrum is, so you can restore your wallet through your seed in Electrum which supports BIP32 and BIP39. I am not sure but even Mycellium supports this, so yes there are a few options.

And even if ledger decided to drop the project, the current Nano S wallet should still function fine when using a client such as Electrum or the other existing wallets that support. I'd imagine their own App would function as well, you just wouldn't receive any new updates.

[BananaBar]

Thank you Cereberus and kolloh for responses!

[ThatRandom8543]

IMO the KeepKey is the best hardware device out there for the money.  It's just wonderful

Yea, but it does fall behind trezor though in terms of functionality, but keepkey been pretty stable. I do wish there was a private key import so I could import some of my old btc addresses so i dont have to keep the wallet around on my computer (though I doubt that will ever happen because that could open holes which could expose the private key). However, build quality feels better than the trezor, but I do know that if the trezor falls, there is a less chance of it breaking (unless the screen breaks then idk what to say about that). The keepkey is bigger and could take more damage, but I doubt i will let it fall. I dont let it go far from me anyway.

[bob123]

IMO the KeepKey is the best hardware device out there for the money.  It's just wonderful

Its all dependent on the Amount you want to spend.
In this price segment the KeepKey definetly is worth the money..
But as a starter Hardware Wallet the Ledger nano for a few bucks is nice too.
And also worth the money.

[jhannlenris]

A hardware wallet is a special type of bitcoin wallet which stores the user's private keys in a secure hardware device.
They have major advantages over standard software wallets:
private keys are often stored in a protected area of a microcontroller, and cannot be transferred out of the device in plaintext
immune to computer viruses that steal from software wallets
can be used securely and interactively, as opposed to a paper wallet which must be imported to software at some point
much of the time, the software is open source, allowing a user to validate the entire operation of the device.

Reference: https://en.bitcoin.it/wiki/Hardware_wallet

[veleten]

for me Trezor is the best hardware wallet around
I have to admit that I don't have any other wallets to compare,but trezor satisfies me perfectly
it has all the functionality you will ever need,it is more expensive than the most of the wallets on the market
but it definitely is worth the money you spend on it!
if you have 100$ do not hesitate and buy trezor,you won't be disappointed

[Iranus]

for me Trezor is the best hardware wallet around
I have to admit that I don't have any other wallets to compare,but trezor satisfies me perfectly
it has all the functionality you will ever need,it is more expensive than the most of the wallets on the market
but it definitely is worth the money you spend on it!
if you have 100$ do not hesitate and buy trezor,you won't be disappointed

I agree, TREZOR seems to be the most trusted hardware wallet by far, and it mentions its use by major Bitcoin exchanges.  It's immune to viruses and is perfect for security as well as being quite convenient.

[Raxitto]

The physical wallets for bitcoins (hardware wallets) are falling in the taste of bitcoiners, mainly because they are safer than traditional Wallets software. A physical wallet stores Bitcoin's private keys on the device itself rather than storing them as a file on your computer or on internet sites / wallets. As a result, you reduce the attack area to a "hacker" who tries to steal your bitcoins.
Even if your computer is infected by a keylogger (malware used to copy user-entered keys and password stealing) or RAT (remote access tool), if your bitcoins are stored in any of these physical wallets, your money You will be safe.

[WestWorld]

Probably said a thousand times already but the ledger s nano is the best up until the next one comes out later in the year called the blu.

[ThatRandom8543]

Have anyone tried the Ledger Blue? Didnt know that they shipped them out but havent heard much about it and been curious (though honestly I feel it is going overboard).

[abercrombie]

Casting my vote for Ledger Nano.   

I don't have the S since I don't to Alts, I have the older simpler version that doesn't require you carry a dongle.

[BitMaxz]

Casting my vote for Ledger Nano.   

I don't have the S since I don't to Alts, I have the older simpler version that doesn't require you carry a dongle.

Never heard about that hardware wallet its just like a dongle for repairing cellphones looks like i am interested about this nano s
What are the advantages about this dongle?

[ThatRandom8543]

Casting my vote for Ledger Nano.  

I don't have the S since I don't to Alts, I have the older simpler version that doesn't require you carry a dongle.

Never heard about that hardware wallet its just like a dongle for repairing cellphones looks like i am interested about this nano s
What are the advantages about this dongle?

I wouldnt bother with the regular ledger nano. It is just a simple hw wallet dongle but lacks a screen interface which opens you up to possible chance of losing your coins since there is no confirmation of an address meaning a malware could submit a fake request with a different address, have it signed, and you lose your coin. If you are interested in ledger, get the nano s, otherwise use keepkey or trezor.

[abercrombie]

I wouldnt bother with the regular ledger nano. It is just a simple hw wallet dongle but lacks a screen interface which opens you up to possible chance of losing your coins since there is no confirmation of an address meaning a malware could submit a fake request with a different address, have it signed, and you lose your coin. If you are interested in ledger, get the nano s, otherwise use keepkey or trezor.

There is confirmation of the address.

The 2FA card will only generate numbers based on the destination address.

Also, alternatively you can use the 2FA App that will show you the destination address before confirming send.

[BitcoinNewsMagazine]

Ledger stopped making the Nano. The Nano S is superior in all respects to the Nano, even if you can find one in stock don't scrimp on security for your bitcoin. Get the Nano S and sleep well at night.