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Author Topic: Hardware wallet  (Read 514 times)
xianglo (OP)
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May 01, 2018, 01:30:46 PM
 #1

Purchasing a Trezor soon and wanted to get some feedback before i made the purchase. Any pros cons on the different hardware wallets?
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May 01, 2018, 06:10:40 PM
 #2

I have a Trezor and it works fine, I am happy with it. If you are dealing in altcoins, make sure that the device that you select supports the coins that you want to use it with. I mention that because I have BCA and cannot use the Trezor with that coin but I do use it for BTC.

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xianglo (OP)
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May 01, 2018, 06:49:28 PM
 #3

Thats some good info. Thanks.
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May 01, 2018, 07:19:04 PM
 #4

Purchasing a Trezor soon and wanted to get some feedback before i made the purchase. Any pros cons on the different hardware wallets?

No need to get the feedback, Trezor is the most trusted and highly recommended hardware wallet. I am not whether Trezor is costlier than the Ledger Nano wallet. You can which one is cheap and then buy the hardware you want mate.
Digital encoded password option is very easy one to work for the people and this is one of the reason everyone love it.
I do not know any cons about this wallet but if you very high amount with you means you can go with this hardware else desktop wallet alone enough.
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May 01, 2018, 07:31:58 PM
 #5

I would go for Ledger Nano S not because it is better than Trezor as both are very secure wallets that give the user a peace of mind status regarding the security of their coins but because Ledger Nano S is more altcoin friendly and because you are asking in this section I vote for Ledger Nano S which I own one.

I never owned a Trezor but I heard only good things about it too.

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May 01, 2018, 07:46:25 PM
 #6

I would go for Ledger Nano S not because it is better than Trezor as both are very secure wallets that give the user a peace of mind status regarding the security of their coins but because Ledger Nano S is more altcoin friendly and because you are asking in this section I vote for Ledger Nano S which I own one.

I never owned a Trezor but I heard only good things about it too.

+1 for the Nano because of it's altcoin friendlyness

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May 01, 2018, 07:56:38 PM
 #7

Trezor is good enough but if you still want to have another one from different brand, I think Ledger is the best choice Smiley.

I'm also having a Ledger wallet, it's very safe, easy to use and the most impressive thing is shipping Smiley). I received Ledger after a week from the day I bought it on the internet although it's very far from my country.

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May 01, 2018, 08:31:35 PM
 #8

i have ledger nano s bcoz it support most of altcoins also .
pros are same of hardware wallet - more security , reliability , same wallet for multiple coins .
cons are - sometime setup takes too much time , risk of already patched wallet on buying from other retailers , seed is everything if you lose it , need to connect/carry it everytime .
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May 01, 2018, 08:39:57 PM
 #9

Share your experience of use. Also would like to purchase. I'm wondering if it's possible to use it for several wallets. And is it possible to make a backup when you use this product.
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May 01, 2018, 08:48:57 PM
 #10

Share your experience of use. Also would like to purchase. I'm wondering if it's possible to use it for several wallets. And is it possible to make a backup when you use this product.
Of course you can have as many hardware wallet as you want if you have money and you want to purchase more than 1. Beside it's possible to backup your hardware wallet, you can save your private seed then if you lost your hardware wallet you can use your seed to recovery your lost hardware wallet.

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May 01, 2018, 09:07:24 PM
 #11

Purchasing a Trezor soon and wanted to get some feedback before i made the purchase. Any pros cons on the different hardware wallets?
I recently bought and I'm happy. Very simple operation. Terzor has no errors in the software, which gives a large security wallet. I would recommend.
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May 01, 2018, 09:59:01 PM
 #12

Both Trezor and Ledger Nano S are good choice. It will be no bad choice between them. I'd even say - must have at least one of them, if you are holding some real amount of coins.
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May 01, 2018, 11:15:16 PM
 #13

I would go for Ledger Nano S not because it is better than Trezor as both are very secure wallets that give the user a peace of mind status regarding the security of their coins but because Ledger Nano S is more altcoin friendly and because you are asking in this section I vote for Ledger Nano S which I own one.

I never owned a Trezor but I heard only good things about it too.

+1 for the Nano because of it's altcoin friendlyness
+1 on here. I do own both hardware wallets which i had purchased online and i would say there no so much difference but when it comes to altcoin friendliness then i would really go for Ledger Nano but if you do like to use up Trezor it would still be a good choice.Its just matter of coin holders preference on what would suit him best.

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SimpeleSimpele
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May 01, 2018, 11:19:23 PM
 #14

Purchasing a Trezor soon and wanted to get some feedback before i made the purchase. Any pros cons on the different hardware wallets?

trezir is complete and good wallet, include can use bitcoin, eth and all eth token platform
and then cheap price
xianglo (OP)
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May 02, 2018, 12:32:53 AM
 #15

Digital encoded password...is this where i can have small amount of currency out front and have my real stash hidden in the device for travelling and prying eyes etc?
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May 02, 2018, 05:37:16 AM
 #16

Number of Coins Trezor support less than Ledger Nano S. But Trezor does not limit the number of coins install in it, Nano you can install 5 cryptocurrencys maximum.
You should buy 2 same devices (2 Ledgers or 2 Trezor). The first one to use, the second one to backup (enter 24 keyworks of the first one).
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May 02, 2018, 05:52:24 AM
 #17

I think trezor is great for making the main wallet to store the assets of bitcoin and altcoin. optimal security features and support for Windows, Linus and OS (version 10.8 and above)
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May 02, 2018, 06:04:31 AM
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Both Trezor and Ledger Nano S are good choice. It will be no bad choice between them. I'd even say - must have at least one of them, if you are holding some real amount of coins.

Ledger Nano S had the first burglary:

The story began in November 2017 when Rashid reported a bug to Nicols Bacc, director of Ledger Nano, who might allow attackers to steal users' wallet funds.

Rashid noticed that the microcontroller used in the wallet was not safe. Although it allowed the use of buttons and screen for entering data, it was connected as a proxy with the Secure Element (SE). The latter contained private keys, which meant that the hacker could cheat the SE in different ways. Here's how: retailers and resellers can change the microcontroller's system software, which, now at risk, can verify its "identity" in the SE. Rashid further explained that the attacker could control the user interface and use malicious code to set the randomness to zero and add his own seed for recovery. Rashid chose the word "abandon" to prove his opinion in the uploaded video material. Now that the attacker has a mnemonic phrase, they could easily obtain private keys.

After Rashid sent the study to Ledger, he saw that the band did not take him seriously. Nevertheless, they published a firmware update on March 6, which was severely criticized by Rashid. He published his opinions on this topic on Twitter because he thought that theLedger team should publish his information and turn on the problem solution for the next critical update or hide it so that the hackers would not have time to use this trick.

Well, it looks like it's advertised as the safest hardware porfet to store cryptocurrencies is not that safe anymore, since the holes and errors in the microcontrorel software have been found for 15 years ...
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May 02, 2018, 07:04:44 AM
 #19

Useless waste of money. Everything will be in plastic cards and in a smartphone. It is much more convenient and cheaper
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May 02, 2018, 07:15:39 AM
 #20

Useless waste of money. Everything will be in plastic cards and in a smartphone. It is much more convenient and cheaper

Really? What makes you think that way?
Actually, trezor is the best option, what's wrong with buying a wallet hardware to keep all your assets safe, to avoid all the bad possibilities that will happen.

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