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TryNinja
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October 03, 2018, 03:58:02 PM |
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I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible. But ok, maybe they just want to say they are the hardware wallet with the largest number of coins in the market.
Like, Banano? Are you serious?
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jackg
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October 03, 2018, 04:01:38 PM |
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I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible. But ok, maybe they just want to say they are the hardware wallet with the largest number of coins in the market.
Like, Banano? Are you serious?
An airgapped wallet is still better than a hardware one. Even if the airgapped wallet doesn't have compatibility with the banano blockchain, it's the price you have to pay... Although it's interesting to tee they're adding so many forks of ethereum since ethereum was already a forked coin itself...
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stomachgrowls
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October 03, 2018, 09:55:15 PM |
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I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible. But ok, maybe they just want to say they are the hardware wallet with the largest number of coins in the market.
Like, Banano? Are you serious?
Banano and most of their supported coins are forked from popular coins that they already support, so supporting those coins should be piece of cake. But Banano might have strong community just like DOGE ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) But looks like they focus on quantity rather than trending/popular coins such as IOTA and ADA which is ridiculous. We cant do anything about it yet they do have their own criteria on choosing up which should be supported and same on most people here been wondering why they havent choose up those coins that have higher support/demand than into lower ones? They do know the possibilities if they would recognize other options.
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LTU_btc
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Slava Ukraini!
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October 03, 2018, 10:31:54 PM |
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I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible. But ok, maybe they just want to say they are the hardware wallet with the largest number of coins in the market.
Like, Banano? Are you serious?
Indeed. So far number of supported currencies on Ledger Live app is very limited. It causes inonvenience for users and they are forced to search for alternatives I'm not sure that there was big demand from users to add these coins. There are some coins which more worth to add. For example, many people are literally attacking Ledger to add Cardano finally.
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cryptoblackhat
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October 03, 2018, 10:33:29 PM |
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Most of these coins I haven't even heard of - and yet large, popular communities like Monero still don't have support.
I think adding Monero (XMR) support would move forward the cryptocurrency community a lot more than any of these coins that are largely speculative.
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RGBKey
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October 03, 2018, 11:39:29 PM |
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Most of these coins I haven't even heard of - and yet large, popular communities like Monero still don't have support.
I think adding Monero (XMR) support would move forward the cryptocurrency community a lot more than any of these coins that are largely speculative.
The last time I checked they were actively working on adding Monero support. The roadblock is writing the code to sign the transactions on the device, because it's very different than other coins. "Shitcoins" can be added quickly and in large numbers mostly because they are simple derivations of existing coins that already have Ledger support.
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vit05
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October 04, 2018, 01:21:45 AM |
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FORK is easy to add. Needs little work. is low cost and excellent marketing because the number of coins supported is high. Unfortunately serious and unique projects are more difficult. Some projects like ADA, IOTA and MONERO need a collaboration with the project devs. I think this makes it very difficult. I still hope to see ADA added. But I think it will be difficult because soon it will have PoS and Pools.
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bitmover
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October 04, 2018, 01:22:44 AM |
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Monero's wallet is always problematic. I remember when I tried to buy some a year ago, I gave up when I saw there are no good/easy to use wallets. Most multicurrency wallets do not support it. I wish ledger live had native support to erc20 and all btc forks, so we could get some little money. Like bitcoin private and those others.
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Lucius
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October 04, 2018, 09:22:59 AM |
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I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible. But ok, maybe they just want to say they are the hardware wallet with the largest number of coins in the market.
Like, Banano? Are you serious?
It is much easier for them to add such coins then to add more coins to Ledger Live, if I'm not mistaken Banano is fork of Nano, and what to say about fork of forks.... Also they just want to stay in the race with Trezor which also start to support many rather unimportant coins, but this is just competition which should at the end make things better for users. An airgapped wallet is still better than a hardware one. Even if the airgapped wallet doesn't have compatibility with the banano blockchain, it's the price you have to pay...
Although it's interesting to tee they're adding so many forks of ethereum since ethereum was already a forked coin itself...
Is it better or it is safer? Maybe this is the case if you have 1-2 wallets on airgapped device, but to have a 20-30 wallets stored in such way is only have sense for long term holding. Hardware wallets are made for daily transaction, but also for long term holding. Regarding price, for any serious user 100$ is not a problem.
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jackg
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October 04, 2018, 11:34:01 AM |
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An airgapped wallet is still better than a hardware one. Even if the airgapped wallet doesn't have compatibility with the banano blockchain, it's the price you have to pay...
Although it's interesting to tee they're adding so many forks of ethereum since ethereum was already a forked coin itself...
Is it better or it is safer? Maybe this is the case if you have 1-2 wallets on airgapped device, but to have a 20-30 wallets stored in such way is only have sense for long term holding. Hardware wallets are made for daily transaction, but also for long term holding. Regarding price, for any serious user 100$ is not a problem. The price is the insecurity not the $100. $100 isn't much of a serious investment into crypto either... I suppose if you're doing multisig with a lot of devices or you like to do a lot of trading with a lot of pairs then a hardware wallet is a good option (I'd still be cautious though)... (Searching for banano coin I came across another currency that seems to suggest a kilo of bananas is $2 and I paid 75GBX for a kilo recently)... Still banano is a stupid coin to support as tryninja says when there are those two others that are quite well known that aren't supported yet (although they do already have the banano coin blockchain if it's a fork of ethereum so maybe that's normal)...
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Lucius
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October 04, 2018, 01:35:03 PM |
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The price is the insecurity not the $100. $100 isn't much of a serious investment into crypto either... I suppose if you're doing multisig with a lot of devices or you like to do a lot of trading with a lot of pairs then a hardware wallet is a good option (I'd still be cautious though)...
(Searching for banano coin I came across another currency that seems to suggest a kilo of bananas is $2 and I paid 75GBX for a kilo recently)...
Still banano is a stupid coin to support as tryninja says when there are those two others that are quite well known that aren't supported yet (although they do already have the banano coin blockchain if it's a fork of ethereum so maybe that's normal)...
What insecurity you actually talk when you talk about hardware wallets? Show me one example that anyone is lost any coin as a result of hacking hardware wallet? Caution is in the world of cryptocurrency most important thing, but the way you're thinking is actually paranoia... Ledger support Banano because it is just fork of Nano and it was easy to add it, it is not fork of ethereum network as you say - you shoud do more research before write such things. I agree that most of forked coins do not make any sense, and this is also case for Banano - but since many Nano holders get Banano I do not see why Ledger would not support this coin, there are many coins ever worse then this one.
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ranman09
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October 04, 2018, 01:42:16 PM |
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I would prefer if they focus on adding native support for the already existent coins on the Ledger Live dashboard (so we don't have to use a third-party wallet) instead of adding as many shitcoins as possible.
Agreed. It is really hard to install some software just access funds, example EOS. Why do I need to install fairy-wallet if they integrate it into the software? I don't know if their in the process of adding it, but I think their not, just like Dapps on Ethereum. I hope they support cardano also soon.
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o_e_l_e_o
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October 04, 2018, 02:12:56 PM Last edit: October 04, 2018, 02:52:37 PM by o_e_l_e_o |
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You can see which coins they are currently working on here: https://trello.com/b/5nQ1mdzt/ledger-roadmapAt the moment there are a couple of bigger coins in development (ADA, IOTA), but unfortunately the majority are just more shitcoins, half of which I've never even heard of: (Musicoin, Callisto, GoChain, Cosmos, etc).
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hidrocop
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October 04, 2018, 02:25:43 PM |
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I'm using the Ledger Nano S and I'm very comfortable, I'm not worried about hacking and it's easy to use, I can recommend everyone
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jackg
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October 04, 2018, 03:29:01 PM |
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What insecurity you actually talk when you talk about hardware wallets? Show me one example that anyone is lost any coin as a result of hacking hardware wallet? Caution is in the world of cryptocurrency most important thing, but the way you're thinking is actually paranoia...
First of all, as I understand it the ledger nano wallets show your seed on the screen so at that point, that seed should be considered compromised as it has touched the internet. Secondly, I'm not sure how many people compile the binaries fro themselves instead of running the exectuable so they cannot determine it's safety. Thirdly, they used to use a google chrome extension, if tere's a browser that is the worst for being infected with malware and worms it's chrome... Ledger support Banano because it is just fork of Nano and it was easy to add it, it is not fork of ethereum network as you say - you shoud do more research before write such things. I agree that most of forked coins do not make any sense, and this is also case for Banano - but since many Nano holders get Banano I do not see why Ledger would not support this coin, there are many coins ever worse then this one.
Oh I take it back then... Ba-nano - I get it now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ... Cool name.
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Lucius
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October 04, 2018, 04:07:15 PM |
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What insecurity you actually talk when you talk about hardware wallets? Show me one example that anyone is lost any coin as a result of hacking hardware wallet? Caution is in the world of cryptocurrency most important thing, but the way you're thinking is actually paranoia...
First of all, as I understand it the ledger nano wallets show your seed on the screen so at that point, that seed should be considered compromised as it has touched the internet. Secondly, I'm not sure how many people compile the binaries fro themselves instead of running the exectuable so they cannot determine it's safety. Thirdly, they used to use a google chrome extension, if tere's a browser that is the worst for being infected with malware and worms it's chrome... You got everything wrong regarding hardware wallets, in case of Ledger Nano S seed is generated on device and displayed on Ledger screen once - user then need to write it down - but that seed is not in any way exposed to internet and it is 100% safe. It is same thing for private keys, they never leave device so you can use it even on infected PC. Only thing user need to pay attention is clipboard malware, but Ledger ask you to confirm address every time before sending/receiving coins. Now we have Ledger Live so there is no need to use Chrome apps//also Ledger Nano S can be used with Electrum as UI.
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chocolah29
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October 05, 2018, 01:23:10 AM |
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You can see which coins they are currently working on here: https://trello.com/b/5nQ1mdzt/ledger-roadmapAt the moment there are a couple of bigger coins in development (ADA, IOTA), but unfortunately the majority are just more shitcoins, half of which I've never even heard of: (Musicoin, Callisto, GoChain, Cosmos, etc). Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack. Agreed. It is really hard to install some software just access funds, example EOS. Why do I need to install fairy-wallet if they integrate it into the software? I don't know if their in the process of adding it, but I think their not, just like Dapps on Ethereum.
Maybe just because EOS is still innovating that's why they having a hard time unlike on those erc20 token based.
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sunsilk
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October 05, 2018, 02:53:55 AM |
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I'm not even familiar with most of those additions. Just wondering why Nano focus on those shitcoins, they don't even deserve to be store in hardware wallet and I think nobody cares if these shitcoins get hack.
I wouldn't be surprised if in the future there will be more of it. It is much easier for them to add such coins then to add more coins to Ledger Live, if I'm not mistaken Banano is fork of Nano, and what to say about fork of forks.... Also they just want to stay in the race with Trezor which also start to support many rather unimportant coins, but this is just competition which should at the end make things better for users.
I see so this is the point of adding those coins especially those fork coins. Thank you. Ba-nano - I get it now ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) ... Cool name. Ohhh.... that's it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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