Proof of Keys Event for a Beginner?

[Lucius]

Hi is there like a video tutorial on how to use MEW with ledger nano s?

Becausing im using a web browser will it be secure to use or am I required to download the fido u2f app on nano s for 2fa security when visiting these sites?

You can start with this tutorial : Set up and use MyEtherWallet. There you have all info you need, but if you still need to see video tutorial : MEW+Nano S Video

Regarding any extra security (2fa /u2f), you should know that private keys are never leave hardware wallet, so you can not be hacked just by using MEW and Nano S. Ledger says about U2F : "FIDO U2F is not related to cryptocurrencies. It's an additional utility for your Ledger device.".

[DdmrDdmr]

<…>

When you use MEW alongside Ledger Nano S, the device is what is used to sign your transactions. It is therefore a physical item that is required in order to move your assets, thus that being one of the key features for its purchase. Even so, when you send assets in a TX, the device will ask you to confirm the information on the screen of the device itself, which, just to be on the safe side, you should do comparing it to that shown on MEW.

The u2f App is meant to allow you to use the Ledger device as a 2FA enabling device for those sites compatible with the FIDO U2f standard. Basically, it means that you could use your Ledger in a way similar to what a dedicated device like Yubikey allows you, instead of using a phone 2FA app. It is therefore not part of the procedure to use the Ledger Nano S with crypto when linking to MEW, but a complementary 2FA app for third-party compatible sites with which you may want to establish a 2FA protection scheme.

[bitmover]

Hi is there like a video tutorial on how to use MEW with ledger nano s?

Becausing im using a web browser will it be secure to use or am I required to download the fido u2f app on nano s for 2fa security when visiting these sites?

Hello. Yesterday I moved some tokens from my ledger and I couldn't use myetherwallet. I used mycrypto and it was much better

This is the tutorial from ledger website
https://support.ledger.com/hc/en-us/articles/360008268594-Set-up-and-use-MyCrypto

[very_452001]

Ok great I use anything that is official mentioned by Ledger themselves.

Just to confirm before I go to mycrypto I require to download the tool app fido u2f onto the ledger device correct?

[Lucius]

Just to confirm before I go to mycrypto I require to download the tool app fido u2f onto the ledger device correct?

You do not read what users write to you :

Regarding any extra security (2fa /u2f), you should know that private keys are never leave hardware wallet, so you can not be hacked just by using MEW and Nano S. Ledger says about U2F : "FIDO U2F is not related to cryptocurrencies. It's an additional utility for your Ledger device.".

So why then do you want to use this app? You should also know that Nano S has very limited storage, and if you install this app you will have less space for coin apps. If you want to try U2F try it, but this is not something you need for MEW or Mycrypto.

[very_452001]

Hi is there like a video tutorial on how to use MEW with ledger nano s?

Becausing im using a web browser will it be secure to use or am I required to download the fido u2f app on nano s for 2fa security when visiting these sites?

Hello. Yesterday I moved some tokens from my ledger and I couldn't use myetherwallet. I used mycrypto and it was much better

This is the tutorial from ledger website
https://support.ledger.com/hc/en-us/articles/360008268594-Set-up-and-use-MyCrypto

Hey yes I tried connecting my ledger nano but get error on mycrypto site:

TransportError: Failed to sign with Ledger device: U2F DEVICE_INELIGIBLE

Using chrome, will internet explorer work and be safe?

[bitmover]

Hey yes I tried connecting my ledger nano but get error on mycrypto site:

TransportError: Failed to sign with Ledger device: U2F DEVICE_INELIGIBLE

Using chrome, will internet explorer work and be safe?

The best option now is to use Ledger Live, which supports ERC-20 Tokens now
https://www.ledger.com/ledger-live-securely-supporting-erc-20-tokens/

You can download it from ledger.com website and manage your ERC-20 tokens from there, no need to use Mycrypto or myetherwallet anymore.

[very_452001]

Hey yes I tried connecting my ledger nano but get error on mycrypto site:

TransportError: Failed to sign with Ledger device: U2F DEVICE_INELIGIBLE

Using chrome, will internet explorer work and be safe?

The best option now is to use Ledger Live, which supports ERC-20 Tokens now
https://www.ledger.com/ledger-live-securely-supporting-erc-20-tokens/

You can download it from ledger.com website and manage your ERC-20 tokens from there, no need to use Mycrypto or myetherwallet anymore.

Great is there a guide on how to use this directly on ledger live?

[bitmover]

Great is there a guide on how to use this directly on ledger live?

Pretty much straight foward.
just download ledger live, update your Ethereum App in your ledger device and start using

Here is the guide

https://support.ledger.com/hc/en-us/articles/115005197845-Manage-ERC20-tokens

Before you start
Update Ledger Live through the notification banner or download the latest version.
Get your Ledger hardware wallet.
Install the latest version of the Ethereum app on your device.

View the ERC20 tokens
If you already have an Ethereum account with ERC20 tokens, you can view your tokens in Ledger Live.

On the Accounts page, click on View tokens under the Ethereum account that holds the tokens.

Send and receive tokens
You can now send and receive ERC20 tokens. Get started by sending your ERC20 tokens to the Ethereum account of your choice. The token accounts will only appear after the token transaction has been confirmed on the Ethereum blockchain. The Ethereum account you send tokens to will be the parent account of your token accounts.

  Make sure your parent Ethereum account holds some ETH to pay for the network fees of token transactions.

[very_452001]

Hi need help for Ubiq altcoin.

i downloaded the Ubiq app to nano s device but I can't find the corresponding ubiq account to add in ledger live 

[DdmrDdmr]

<...>

It is there: https://support.ledger.com/hc/en-us/articles/115005459725-Ubiq-UBQ-

I just tried it by doing this:

-   First I updated Ledger Live, since there was a new notice when I opened it.
-   Then go to Menu -> Manager.
-   In the search bar, search for Ubiq -> The 1.2.10 version of the app appears and is ready to install providing you have space.

During the process, it asked me to update the BTC and ETH apps, since it required them (probably shares some libraries). I had to uninstall another app to get Ubiq on, but it worked eventually.

Note: It would have been better to create a new topic.

[very_452001]

<...>

It is there: https://support.ledger.com/hc/en-us/articles/115005459725-Ubiq-UBQ-

I just tried it by doing this:

-   First I updated Ledger Live, since there was a new notice when I opened it.
-   Then go to Menu -> Manager.
-   In the search bar, search for Ubiq -> The 1.2.10 version of the app appears and is ready to install providing you have space.

During the process, it asked me to update the BTC and ETH apps, since it required them (probably shares some libraries). I had to uninstall another app to get Ubiq on, but it worked eventually.

Note: It would have been better to create a new topic.

Oh ok the link above says I gotta use a 3rd party interface that is Pyrus to manage ubiq tokens on the ledger nano device right, meaning there's no dedicated account for ubiq on ledger live?

I have ubiq installed on my ledger nano device but what's the point if I have to use a 3rd party interface for it?

[DdmrDdmr]

<…>

It is a bit weird indeed. I personally don’t know much about Ubiq, and have none to further proceed from what I managed to do without having the Ubiqs themselves. Probably managing them on Ledger live natively is either in development, or complex (probable the latter), so they’ve met the situation half way and allow you to use the Ledger device to protect them, but still require a third-part to exploit them.

[very_452001]

Ok thanks


Ok I followed the link above for Pyrus for Ubiq and I clicked on the green connect to ledger wallet and nothing is happening 

[moderator's note: consecutive posts merged]

[DdmrDdmr]

<...>

We’re going way of course on this thread, but I’ll answer your question. I got it working (remember, I’ve no Pyrus myself, so it is all with an empty wallet):
 
I followed the Pyrus link found in the official article (https://support.ledger.com/hc/en-us/articles/115005459725-Ubiq-UBQ-), using Firefox. It took me to a Pyrus website where I created a New wallet, gave it a password, downloaded the Keystore file, continued, saved the address, reached a screen that says "How would you like to access your wallet", selected "Ledger Wallet".

Now you need to connect the Ledger device, pass the pin lock screen and open the ubiq app on the Ledger If you don't do this, it will display errors). Once you’ve done that, press the "Connect to Ledger Wallet” green button on the pyrus website and you are good to go (displays a list of addresses to interact with).

Note1: I don't really like the procedure, and even the Pyrus website is outdated (the instructions to connect to Ledger still talk about a chrome extention, which is obsolete).

Note2: If you wish to proceed with this topic, it is better to open a new topic.

[J9901]

he Proof of Keys event on Jan. 3 this year was essentially a bank run on centralized exchanges, which aims to reassert holder control over their crypto assets. The “Proof of Keys” event aimed against centralized exchanges had happening on Jan. 3 this year, spearheaded by Bitcoin (BTC) investor Trace Mayer

[very_452001]

Great is there a guide on how to use this directly on ledger live?

Pretty much straight foward.
just download ledger live, update your Ethereum App in your ledger device and start using

Here is the guide

https://support.ledger.com/hc/en-us/articles/115005197845-Manage-ERC20-tokens

Before you start
Update Ledger Live through the notification banner or download the latest version.
Get your Ledger hardware wallet.
Install the latest version of the Ethereum app on your device.

View the ERC20 tokens
If you already have an Ethereum account with ERC20 tokens, you can view your tokens in Ledger Live.

On the Accounts page, click on View tokens under the Ethereum account that holds the tokens.

Send and receive tokens
You can now send and receive ERC20 tokens. Get started by sending your ERC20 tokens to the Ethereum account of your choice. The token accounts will only appear after the token transaction has been confirmed on the Ethereum blockchain. The Ethereum account you send tokens to will be the parent account of your token accounts.

  Make sure your parent Ethereum account holds some ETH to pay for the network fees of token transactions.

Right now on my ledger nano s the parent Eth account balance is 0. So I cant sent erc-20 tokens to it yet as it's not free due to fees? How much balance should I need to cover the fees?

[bitmover]

Right now on my ledger nano s the parent Eth account balance is 0. So I cant sent erc-20 tokens to it yet as it's not free due to fees? How much balance should I need to cover the fees?

You don't need Eth to receive Tokens, but to send.

If you are sending tokens to your ledger nano s, you don't need Eth there. You need eth from the address you are sending them.

If it is an exchange, they pay for those fees, usually.

[very_452001]

Ok just to clarify the erc-20 token Bela is not supported by ledger live?

Also I sent erc-20 token waxp from bittrex exchange to ledger nano but bittrex still saying pending for this however it didn't say pending for other erc-20 tokens I had on bittrex

[very_452001]

Hi coming back here....

Is Coinomi still the best non-erc20 multi-crypto wallet out there or is it out of date and now there is newer better/tech trends than Coinomi and if so what are they?

Any decentralized non-erc20 multi-crypto wallets out there that support loads of non-erc20 cryptos? Is coinomi centralized?

How do you deposit USDT in Coinomi and are fees cheaper via OmniLayer USDT or Ethereum USDT?

Does coinomi support Tron USDT?

What is this Meta-Mask?

Basically whats the best decentralized non-erc20 multi-currency wallet out there that supports loads of non-erc20 cryptos?