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Author Topic: Using Waves With Nano Ledger S  (Read 209 times)
jerry0 (OP)
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December 27, 2021, 05:39:52 AM
 #1

is there anyone here that has waves and uses it with the nano ledger s?  My waves are stored in the waves exchange desktop client.  I have a waves seed phrase that is associated with the account so I have to enter my password each time to log into the waves exchange client.  I have a nano ledger s where i store btc and bch with it.   With the waves seed phrase, you can restore it on a computer.  



From what I am reading, if you want to move your waves that has a seed phrase to nano ledger, the first thing you need to do is a sign up a new account on the waves exchange client that connects to the nano ledger?   You then create a new password with it.  Then after this is done, you need to plug your nano ledger into your computer and install the waves app on the nano ledger?



Then you log into your waves exchange desktop client with your password which will give you access to your seed phrase waves account. Then you send a test amount of waves from your seed phrase wallet to the waves account associated with nano ledger?  This confuses me here because you cannot use ledger live with waves.  So how exactly are you suppose to send the waves to it?  So you would use the waves address displayed in the nano ledger for you to send to that would also display on the laptop screen?



So after you send all your waves to the nano ledger, then you need the nano ledger every single time you receive or send waves from it right?  I know you have to use waves exchange with nano ledger but this seems very confusing.  So what happens if you have other coins like waves community tokens that you want to send etc?  Or say btc in a waves wallet you want to send?  What about when you want to stake or unstake?  You need the nano ledger for any of these processes?



Now assuming you send all your waves to nano ledger, does this mean your wave seed phrase is thus useless since those waves are now in the nano ledger?  Thus let say you only have btc and bch in your nano ledger.  Your nano ledger seed phrase now contains your btc, bch and waves?  



So having your waves and using it with the nano ledger s is going to make your coins secure because no waves can be sent or any transaction be done inside the waves exchange client... without nano ledger allowing it?   This seems very confusing because you are using the waves client with it.
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December 27, 2021, 08:22:48 AM
 #2

Using the waves client integrated on your ledger device is nearly identical to integrating your HW to any other wallet such as metamask or electrum. So basically you are;

1. Installing waves app on your HW
2. Visit the dex for waves
3. Unlock your HW
4. And then lastly, import an account coming from your ledger device

Therefore, having an imported account from your Ledger to your wave platforms means that you will not be able to broadcast a transaction without your hardware device. In fact, that's the reason why hardware device has been created.

For more in-depth process.
- https://github.com/wavesplatform/waves-documentation/blob/master/en/waves-client/account-management/ledger-nano.md

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December 27, 2021, 11:28:33 AM
Merited by Pmalek (2)
 #3

Now assuming you send all your waves to nano ledger, does this mean your wave seed phrase is thus useless since those waves are now in the nano ledger? Thus let say you only have btc and bch in your nano ledger.  Your nano ledger seed phrase now contains your btc, bch and waves?  

Although I told myself that I would no longer answer your nonsensical questions, I must admit that I find it hard to believe that after so many years of asking the same questions, you still haven't figured out what a hardware wallet is and what a seed really is. Why don't you do yourself and everyone else a favor and stop asking the same questions over and over again, because obviously you can't understand the answers you get.

How many times have you asked about Waves?

With waves... i know i get staking rewards since i lease waves in the waves wallet.  But if i use it with the nano ledger s... do i still get the same staking rewards?  So when you use waves with the nano ledger s... where are you waves coin?...

I have altcoins like waves.  I use the wave clilent on my laptop to keep coins there.  Then i found out that the nano ledger s supports waves and many other altcoins which surprised me because there are so many altcoins they support now. 

But if you are holding, should you 100% send every coin you have to your nano ledger s?  Example say you have a waves wallet and keep waves there.  I assume no point of keeping it there and just send it to nano ledger?

What about waves?  I keep my waves in the waves new client wallet.  There is of course the private key for it incase if i have to install the wallet again.  I read you have to use waves wallet together with nano ledger s and thats the only way correct?  So if you do, does that mean your waves are in your nano ledger s and the waves client would be like a watching wallet or something like that?  Someone told me you could use nano ledger s with electrum and use it that way and it would be like a watching wallet in electrum.

So that would mean the waves would be in the nano ledger s?  So if someone has my private key for my waves wallet, can they still get my waves?  Or not because its in my nano ledger s?

So right before this, i had installed the waves from the app catalog.  When i did this, the waves is available on my nano ledger s when you browse through it. But i did not do the waves client with nano ledger s connection yet.

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jerry0 (OP)
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February 16, 2022, 10:17:57 PM
 #4

Hi.  The issue here is installing waves on nano ledger doesn't seem just like any other coin.  Example with btc, you install the btc app.  Then when you want to send btc or receive it, you connect the nano ledger to it and you could see which address to send or receive to.  With waves... you need to use the waves_exchange desktop client with the nano ledger so that seem a bit complicated.


You mention its the same like using metamask or electrum with the nano ledger.  Well... I have never done that before.  I only used electrum back then when I only used electrum.  I use nano ledger with ledger live so that is why I am asking this.


Also if you check google on this, this isn't that simple as the instructions are not even that clear.  There also isn't even a video on this which you could find on youtube with waves with the nano ledger.
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February 17, 2022, 10:29:13 AM
 #5

Everything is explained to you in the support pages by Ledger and Waves Exchange.

Ledger's documentation about how to install the Waves app:
https://support.ledger.com/hc/en-us/articles/360008681773-Waves-WAVES-?docs=true

Step-by-step instructions on how to connect your Ledger with Waves.Exchange, use the app, deposit, withdraw, trade, etc.
https://docs.waves.exchange/en/waves-exchange/waves-exchange-online-desktop/online-desktop-account/online-desktop-ledger#prerequisites

Read the guides!

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February 18, 2022, 08:24:29 PM
Last edit: February 19, 2022, 08:20:29 PM by Mr. Big
 #6

This is a lot complicated than the instructions.


After installing waves app on your nano ledger.  


Someone mentioned that I then need to close ledger live since there is no point of having it opened anymore.  


Open waves exchange client.  They said to click login at the top right and click on ledger or waves keeper.  That doesn't make sense since how can I log on... if I never created a waves account with a nano ledger yet?  I only have a waves account created by a seed phrase and I need to enter my local waves password each time I open the waves desktop client on my computer.   Or do they mean click on sign up with nano ledger?  But if i do that... i get message


You have already created a not email account and you can log in to it using this link






Waves seem to tell me after installing the waves app on the nano ledger.  I should just log into my waves desktop exchange account as normal like I usually do on my pc with the local password for the seed phrase.... then


click on

Switch account
Add account
Import accounts
Ledger Device



Is the second method the correct way to do it?  "Someone else mentioned its confusing the way waves give the instructions so they gave me instructions... but the step they gave me... i get stuck because I don't understand why you click on log in via ledger when you havent even created an account with this method?



So this is what I did.


Installed waves app on nano ledger.   Make sure my nano ledger stays unlocked.


Opened waves exchange desktop app ith my waves local password on my pc.  My waves account - this one uses a seed phrase as backup.


I went to switch account, add account.  


Then clicked on import accounts and then ledger device.


Then I got a choice of 5 different accounts/addresses to choose from.  Each one also had Account ID 0, 1, 2, 3, 4 or Create Account the bottom.


I chosed one of the accounts and copied the address/id number that is given.



So now I have a waves account linked to the nano ledger.  I then went to switch account... to my seed phrase account and sent tiny amount of waves to this waves account linked to nano ledger.  It showed up.  I then sent the waves from the nano ledger to my waves seed phrase... and when I do this, it shows the entire address and everything before I click confirm.  Then the waves went back to the seed phrase waves address. [


b] So that means i set it up correctly?


Now when I go to security on that waves account linked to nano ledger... you see


Access Token
Refresh Token
Public Key


The access token and refresh token you need to click show and type your password to look at it.  It does say providing your token to a third party may lead to undesireable consequences.


Now are you telling me if someone has access to my access token, they have access to my waves connected to my nano ledger?  What about the refresh token?  The public key is not important right since it displays right there?



Also most importantly, if something happens to my nano ledger s, how do I restore my waves?  You need the nano ledger seed but do you need anything else?  Do you need your waves address or id account number?   With coins that work directly with ledger live, I know you need the nano ledger seed phrase.  But what about waves here?


Also it seems like the way I have it setup, I login with my windows local password that I already set up a while back on my computer.  When I do that, it would go straight to my seed phrase waves account.  Then when I want to go to to nano ledger waves account, I click switch account and go there?  I have other waves seed phrase accounts so there is no issue with that but going from seed phrase to nano ledger waves account this way feel a bit strange.  That feels a bit different because you aren't signing in to the nano ledger or waveskeeper option?  Also what happens if something happens to your computer?  Does the nano ledger seed phase all you need to restore it?  


Because most people who have waves have a seed phrase as that is the most popular way... so just typing the waves seed phrase restores it in waves exchange desktop client.  But what about now with it being connected to the nano ledger?  Just the nano ledger seed phrase?  So the nano ledger seed phrase is basically my backup for btc, bch and waves?  With btc and bch, it works directly with ledger live so its much less confusing.  I also have restored my nano ledger with my seed before and then added the accounts and it showed up.  How would this work with waves?




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February 19, 2022, 06:09:33 AM
 #7

I see you posted here as well. I don't want to repeat everything I said so you can see in the main Waves thread what I posted there. Hopefully this addresses everything now.
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February 19, 2022, 08:04:23 AM
 #8

You keep mentioning a 'seed-phrased account' which isn't important to the discussion at all. That account you created has nothing to do with your Ledger device. If you have coins in it, they need to be moved from that 'seed-phrased account' to an address generated and verified on your Nano S. I have never used Waves and I don't really care how it works. But your private keys to your Waves wallet are on your Ledger and the same seed that you generated on the Ledger can be used to recover all the different coins that you have.

Stop multi-posting like that, it's against the rules. And try to keep your messages short and to the point. If you haven't noticed, less and less people are willing to help you, and you have only yourself to blame for that. You haven't learned anything throughout the years and many think you are just trolling with fake and made-up problems. 

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February 19, 2022, 06:05:39 PM
 #9

Hey man thanks for the response in the thread.  Few other questions I want to ask just to confirm everything as you answered majority of my questions.


Well the seed phrase account I mention, I say this because most people with waves wiil have this as their backup seed.  That was how it was back then.  Now I see you could even store waves via email/password which I never even saw back then.  So that is sort of new.  Also the connecting waves to nano ledger, I don't believe most people do this.  I asked several others this and most say they just use their seed phrase as their backup.


Yea I figure the nano ledger seed phrase is what is needed for waves recovery as well.  But I just want to make sure of this. 
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February 20, 2022, 05:40:25 PM
Merited by Pmalek (1)
 #10

Also the connecting waves to nano ledger, I don't believe most people do this.  I asked several others this and most say they just use their seed phrase as their backup.


Yea I figure the nano ledger seed phrase is what is needed for waves recovery as well.  But I just want to make sure of this. 
If your coins are on the Ledger, whatever happens to your Waves app or if your Ledger Nano S somehow gets dropped in a volcano the only backup able to recover them is the Ledger seed phrase.

If you want to use Waves with Ledger, you do not need an e-mail address.  You do need to create an account with your e-mail and if I remember correctly you do have to back up a seed phrase, but it is as useless as backing up the MetaMask seed phrase for an imported Hardware Wallet account.

Waves obviously does not REQUIRE a Hardware Wallet to function.  Who does not own a Hardware Wallet will create an e-mail account or a seed phrase and use it with their Exchange.  You have a Ledger so your ONLY needed backup is the Ledger backup seed phrase.

Anyway.  Since you sent a few Waves to the Ledger linked account.  I suppose you sent an amount low enough to not mind losing it if you ever mess up.

Why do you not try to reinstall Waves Exchange and see if your Ledger still has the Waves coins on it.  Reinstall Waves Exchange and create a new account as if you never created one before.  Back up the new seed phrase again and so on.  Do you see the coins?  If yes, then your coins are on the Ledger.

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February 20, 2022, 06:44:28 PM
Last edit: February 20, 2022, 10:58:50 PM by Mr. Big
 #11

Right now if I want to access the waves nano ledger account, I need to open waves exchange desktop client.  Enter my waves local password.  Then after that, I am logged into either one of my two waves seed phrase accounts... or the waves nano ledger account.  I learned that whichever account my waves exchange desktop client is on...  before I close the program... is always the first account that shows up when I open the waves exchange desktop client.  So say I'm on one of my seed phrase accounts and then close the client.  Then open client again... it will show that... but then I go to switch account, then click on the waves nano ledger account.. you can clearly see which one is the account without even looking at the three different waves addresses because the waves nano ledger account has like a ledger or qr code on the icon of that account.  Does that make sense?



I have logged into that waves nano ledger account and had waves sent from one of my seed phrase accounts.  But most importantly, I did a transaction when I sent a bit of waves from that waves nano ledger account to the seed phrase accounts... and when I did this, it asked me to confirm the receiving address on the nano ledger s before I do it.  I clicked confirm and then the transaction went through.  So because of that statement, that means I connected my waves nano ledger account correctly right?  Otherwise, what I just did was not possible?



Again my concern is assuming you have waves in your nano ledger account, the moment you open the waves exchange desktop client, most people I assume would click log in by ledger.  I am still clicking log in by software.  But again the reason for that is because I have wave seed phrase accounts on my computer first.  



Now if this is your first time creating a waves account and linking it to nano ledger, that is simple.  You just watch the video.  But if you already have waves in a seed phrase account and have those waves stored in your computer, then you cannot do what is shown on the video because it won't let you create an account via ledger.



If I uninstall and reinstall the waves exchange desktop client... you want me to reinstall the waves exchange desktop client.  When I go and create a new account, do you want me to do it by ledger or software option?    Are you saying click on the ledger option?  Then once I do that, I need to connect my nano ledger to my pc and then open waves app and then see if its there?  Is that what you mean?  Now I do know if I choose the software option and then enter my waves seed phrase, it would then show up.   I would then do that for the other waves seed phrase.  But would I then restore the waves nano ledger account under software option or not?  The thing is there is no point of me restoring my waves seed phrases now on the pc because I know the seed phrases for each is correct.  I am mainly talking about the waves nano ledger accont.



Okay I am going to make this as simple as possible to not sound confusing.  



For anyone that has waves and store them in their nano ledger.  How are you logging into your account?


Open Waves Exchange Desktop Client or Open it on Browser.  

Click Log In

On the option of Access my account, option is email, ledger and software.  Does almost everyone click on ledger to login using your ledger device?  My issue is right now... I am still clicking on software.  Then I enter my waves password to it... to access my 2 waves seed phrase accounts and the 1 waves nano ledger account I recently created.  




Should I be logging in with the second option of ledger device... as oppose to software... if I then move all my waves from the seed phrase accounts to the nano ledger account?  If I still want waves in my seed phrase accounts and the waves nano ledger account, do I keep it the way I am using it right now?


The thing is I have not seen anyone mention they log in to their waves nano ledger account the way I do.  Which is log in via software option... then switch account to the waves nano ledger account since I have 2 waves seed phrase accounts.


My concern is because I am clicking on software and then my waves password to get to my waves nano ledger account, if something happens to my computer or nano ledger... the way i have it set up is not correct.... compared to people who just created a waves nano ledger account and clicked on log in by ledger device as oppose to software.  Does this make sense in what I"m saying?  I do know you can switch account and add as much accounts you want in software... but I want to make sure there isn't any issues with recovery because the way I have it set up... I don't hear anyone have their waves nano ledger set up this way.
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February 21, 2022, 12:54:00 AM
 #12

You have so many concerns because you do not know how these things work.  The best way you learn is by depositing a few dollars worth of Waves on the Exchange and messing with all the features and functions they have.

If when you made the transaction your Ledger asked you to confirm it, that means that you have set the wallet up correctly and you moved the funds from your Ledger to the other account.  But you seem to be concerned about every thing you do.  As I suggested, deposit a negligible amount of Waves on the Ledger account of the Exchange and mess up with every option of the Waves Exchange software.  Reinstall the Exchange software, try out everything and see what which option does.

Learn by yourself, this is how you stop fearing every action of yours.  By knowing what you are doing.

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February 21, 2022, 01:56:17 AM
Last edit: February 21, 2022, 11:08:53 PM by Mr. Big
 #13

When I last restored my waves seed on my computer, it restored all my waves on it.  I can't just restore a tiny amount of waves in it because it would restore the entire waves amount in the seed phrase.  Thus that is why I want to move all my waves to the nano ledger.  



I have already sent a small amount of waves from one of my seed phrases to the waves nano ledger account address and it worked.  But remember, I'm doing this while logging into the waves exchange desktop client by clicking on software and then entering the password.  My waves nano ledger account is shown when I click on switch account... you see the waves nano ledger account and the two waves seed phrase of mine.  I then sent the small amount of waves from the waves nano ledger account... to the waves seed phrase account... and when this was done... i had to confirm the receiving address and transaction on the nano ledger itself... which to me proves this waves nano ledger account is linked correctly. I want to know if doing that transaction from the new waves nano ledger account to the seed phrase account confirms 100% that it is linked.  Because the poster here who is knowledgeable said it sounds like I did it right.  But I wanted to know if that is 100%.  I only used my nano ledger to send and receive btc and that is all and that is simpler because it works with ledger live.  Waves exchange desktop client doesn't work directly with ledger live.



Because right now, the way I basically get into my waves nano ledger account... is by logging in and clicking on SOFTWARE and entering my waves password that I created a while back.  And I assume many people who have their waves linked to nano ledger... is instead logging in and clicking on LEDGER and entering waves password to get in.  Does that make sense?  I want to know... do I need to change the way I LOG INTO my account or it doesn't matter.  What exactly is the difference between opening the waves exchange desktop client and logging in with second option of LEDGER vs... third option of SOFTWARE?  It is literally the same thing right?  Or if you choose the LEDGER option, you actually need the ledger plugged in before logging in?  It sounds like you cannot even your ledger account if you choose this option?  Because the poster who is very knowledgeable about this told me... when I am logged into my waves seeded phrase account, I could create as many seed phrase accounts as I like... but I also could create a nano ledger account as well... which is the most important thing here which is what I did.  And that is what I did when I created the new waves nano ledger account.



But I want to know do I need to change the way I login into my account or just keep it the way it is?  It works fine now but my concern is if I remove the waves app and reinstall it... or if I ever need to restore my nano ledger seed phrase and the waves nano ledger account doesn't restore properly because the way I log in now... doesn't seem to be the way people login with their waves in a ledger device.  Does that make sense?



I can send a tiny amount of waves from the seed phrase to the waves nano ledger account AGAIN.  But how do you want me to mess up every option?  I do not want to uninstall and reinstall the waves exchange desktop client and reinstall it because if I do, I need to restore my two waves seed phrase accounts again and create a new password with it. Now whats the issue with this?  Well I am increasing my risk because if my computer has any malware or anything like that, typing in my seed into the waves exchange desktop client would be risky.



jc12345 had posted these steps for me


Steps:

1. Install latest Ledger Live (LL) on your PC (v2.37.2) as of posting
2. Setup your Ledger device in LL and upgrade the firmware [(Nano S v2.1.0), Nano X v2.0.2)]
3. Go to Manager in LL and install the Waves wallet app (v1.1.4)
4. Close LL as you will not need it further for Waves at this point
5. Connect your Ledger device to your PC and open the Waves app
6. Open Waves Exchange on your PC
7. If you do not have an account on Waves Exchange create one and set a password. If you already have an account go to step 8
8. Click on Login top right
9. Click the middle block "Ledger or Waves Keeper"
10. Click the top block Ledger
11. Enter your password
12. In the popup menu select your device eg. Nano X
13. In the popup menu click connect
14. A message will appear on your Ledger device which you need to accept
15. Once accepted on your device you are in the exchange
16. If you don't have an account linked in the Exchange yet, click on import account and select Ledger and go through the process

In your case if your WAVES is in another account only protected with a seed phrase, then do the following steps:
1. Once you get to step 16 above, make a note of your WAVES address from your Ledger device that appears after importing an address from your Ledger (top right)
2. Switch accounts top right to your account where the WAVES is in your seed phrase account. Send only one WAVE to your Ledger WAVES address that you noted down
3. Switch accounts to your Ledger WAVES address and see if the one WAVE has arrived successfully.
4. If the test transfer was successful, switch again to your seed phrase wallet and send the rest of your WAVES to your Ledger WAVES account.
5. Switch again to your Ledger WAVES account and see that all the WAVES have arrived.
6. From that point on only work from your Ledger WAVES account via the Waves Exchange
7. And don't forget to first send any tokens that you want to keep also to your Ledger WAVES account and make sure you leave enough WAVES for the transaction fees.




Step 9 is where I got confused.  At this time, I only had my 2 waves seed phrase accounts.  Then he say to click on login and click on ledger and then the rest of the steps to step 16.  I clicked login but it ask for a password.  How can I even log in if I never created a password for login via ledger?  If you instead click sign up and click on ledger, I get the error You have already created a NOT email account and you can log in to it using this link.   I believe wave support told me click on log in software instead to get into my seed phrase accounts.  Then once I did that, I went to switch account, add account.  But if you look at the instructions from the waves site, they want you to click on ledger device.  But don't you need to click Import Accounts at the bottom before clicking on ledger Ledger Device?  Its like the waves site missed an important step because after you click add account, someone could easily just click continue instead of import accounts first.  The site has you click on ledger device on the next step when the only thing you can click on is continue or import accounts.  



I never did step 9-12 and never saw this doing it the way waves told me to do it.




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February 21, 2022, 08:00:24 AM
 #14

Right now if I want to access the waves nano ledger account, I need to... bla bla bla, Does that make sense?
What is the point of this entire paragraph? No one needs to know how the interface of that software works. If you want to store your Waves on your Nano S, you need to transfer them to an address generated and verified with your hardware wallet. Not something you created on your own before you connected the software with your Nano S.

Again my concern is assuming you have waves in your nano ledger account, the moment you open the waves exchange desktop client, most people I assume would click log in by ledger.  I am still clicking log in by software.  But again the reason for that is because I have wave seed phrase accounts on my computer first.
Again, completely unimportant paragraph and waste of space.  

On the option of Access my account, option is email, ledger and software.  Does almost everyone click on ledger to login using your ledger device?  My issue is right now... I am still clicking on software.
You shouldn't click on the software option if you want to open the wallet that is connected with your Ledger. Click on Ledger. The software option will give you access to the wallets you created before you connected Waves.exchange with your Nano S. That's the "seed-phrased" account you are referring to.    

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February 21, 2022, 06:23:23 PM
Last edit: February 21, 2022, 09:49:13 PM by Mr. Big
 #15

Okay so this is where the confusion comes in and I get what you are saying.  If I didn't know anything about waves and read what you posted, that makes complete sense.  But the thing is that isn't exactly how the waves exchange client works exactly with the nano ledger assuming you have the waves exchange client downloaded on your computer and you already log in with a seed phrase account.



I spoke to waves support on setting this up.  They said because I already log in by clicking on waves exchange desktop client and then software and then enter my waves password, I thus log in and have access to my two seed phrase accounts.  I would click on switch account to go to the other seed phrase account.  They said I need to switch account/add account/import accounts/ledger in order to add a nano ledger account address.  Does that make sense?  Thus I created a waves nano ledger account... when I was logged under the software option.



Because are you implying when I first want to create a new waves account linked to a nano ledger... I need to click signup... and then click on ledger?  Because that is how I thought the process would be.  Instead, I got that message below which doesn't allow you to create an account via ledger option.  


You have already created a not email account and you can log in to it using this link




That is what prevented me from creating a new waves nano ledger account this way.  I thought you would create a new waves account to nano ledger this way then create a new password... then it would connect your ledger device to confirm that is linked.  Then you would go login software... to access your seed phrase account and then send the waves to the waves nano ledger account address.  Once you do that, then each time you log in, it would be clicking on login by ledger and enter password and you are in. That is what you think is suppose to happen right? Because it does not allow you to sign up for an account via ledger option.  It doesn't even allow you to create a new seed phrase account if you go to software.  The only way to create my waves accounts via seed phrase... is log in to the software and enter password, switch account and then create a new account by seed phrase.  Does that make sense?



As of right now, I access my waves nano ledger account by waves exchange desktop client and then software and then entering waves password.  Yes... that is correct, I access it by the software option.  Basically after I log in with my waves password, I would be in either one of my two seed phrase accounts or the waves nano ledger account.  So if I want to go to one of the other accounts, I just click switch account and click on that account and I'm there.  Does that make sense?  The thing is I'm sure if you had a waves wallet and had to do this, you would completely understand exactly what I mean by this.  Even the very knowledgeable person who posted in the waves thread who helped answer many of my questions... tells me... the way waves gives the instructions is not that clear if you already have a waves seed phrase account and already log in to it on the same computer.



I was told by the waves poster that the account I log into software when i enter my waves password... is like a waves master account.  That waves master account can contain as many seed phrase accounts as you want.  You can create as many seed phrase accounts as you want. He also said you can also create ledger accounts as well. So that is how I created it.  Does that make sense or not?  He used the term waves master account and I thought that was a brilliant term for it.  But I want to know are there other waves users who log in the same way as I do right now.  Because as of now, it seems I can send/receive from the waves ledger account.  Does this make more sense to you or not?



Okay let me ask you this simple question.  Say you have waves stored in a seed phrase like most waves users.  Each time you log into the waves exchange desktop client by software and entering your password to get in your account.  Lets say you only have one waves seed phrase account and thus you immediately see your account and balance since you only have one seed phrase account under software login.


You want to then move these waves in your seed phrase account, to a new waves account that is linked to a nano ledger.


Tell me the next step you are going to take.



Are you going to close the waves exchange client and then



Open waves exchange client again and click sign up and choose ledger option?


Open waves exchange client again and click log in and choose ledger option?  


Or what is the exact next step you are taking?



After you answer this question, then you would understand why there is a lot of confusion in this.



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February 21, 2022, 09:54:10 PM
Last edit: February 21, 2022, 10:11:37 PM by jerry0
 #16

So this is going to probably be the most important post here.



So I spoke with waves reps on this and even they were confused.  That is the reason why I am describing it in detail.



I opened wave exchange desktop client.  I then decided to click on login by LEDGER.  I entered the same exact waves password I use for login by SOFTWARE.  When I did this, I was logged in.  I still do not know why this is possible with the same password.  Because when I created a new waves nano ledger account under SOFTWARE login, I remember they never asked me to create a new password.  So its essentially the same password. Waves representatives said it should been a password I created during the process when I created my waves nano ledger account and I mentioned they never asked me to create a new password.



I see I am logged into my waves nano ledger account address.  First off, waves representatives told me I needed my nano ledger physically connected to my pc if I click login by LEDGER... they were incorrect in this.  The person was surprised that I was able to log in to my account this way without the nano ledger connected to my computer.  Then a bit later they said they were incorrect.  You do not need the ledger connected physically to log in with LEDGER option.



Now when I go to switch account, I literally see the other two seed phrase accounts as well.  I have the same exact accounts showing... two seed phrase accounts and the waves nano ledger account.  So if right now I close waves exchange desktop client.  Then open it again and login by SOFTWARE... its of course the same three accounts.  I then told waves reps on this and they said yea... you are right.  So basically there is zero difference whether I login by LEDGER or SOFTWARE because I'm entering the same exact password.  I have access to all three accounts... the waves nano ledger account and the two seed phrase accounts.  If I want to do a transaction with the waves nano ledger account, I need to connect my nano ledger to my pc whether I'm logged in LEDGER or SOFTWARE.  For the seed phrase accounts... doesn't matter if I"m logged in LEDGER or SOFTWARE, i don't need the nano ledger connected because those are seed based accounts.



So based on this, does this all sound confusing to you?  You telling me I shouldn't click on the SOFTWARE option and should click on LEDGER to log in.  It's literally the same exact thing.  Unless waves reps made another mistake somewhere in this.  When I had typed in my SOFTWARE password into LEDGER Login and it worked, I had thought the only account that would show up is the waves nano ledger account.  Why is my two seed phrase accounts also connected as well then?



So let say I uninstall and reinstall the waves exchange desktop client.  And then login with nano ledger device... I know I would need to create a new password but would this would also mean it is going to restore all three accounts including the two seed phrase accounts OR only the waves nano ledger account?  So if you restore it with the nano ledger seed phrase, will it restore all three accounts or just that waves nano ledger account?
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February 21, 2022, 11:00:46 PM
Merited by PrivacyG (1)
 #17

Sorry, but why is this still under 'Bitcoin' section in the forum?

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February 22, 2022, 07:18:50 PM
 #18

Do you guys have any comments to my last post?  Again... I can log in by LEDGER or SOFTWARE option with the same waves password.  I get access to all 3 of my accounts this way... the waves nano ledger account and the 2 seed phrase accounts.


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February 23, 2022, 10:43:00 AM
Merited by n0nce (1)
 #19

The way that desktop wallet aka exchange works and is designed isn't really the topic of this discussion. I don't think anyone here has ever used Waves or the Waves.Exchnage client to be able to comment on that. The things you explained about seeing all your accounts in the same place no matter how you log in to the wallet could be an oversight and bug by those who created it.

What is important is that you shouldn't have the possibility to spend from the wallet whose private keys are stored on your Ledger without the device being connected and unlocked + the Waves app being opened. You can see your entire portfolio in Ledger Live as well, with or without the hardware wallet connected. Don't concentrate on that any more.

Ask their support to precisely explain how to move your coins from whatever "seed wallets" you have created, to your Ledger. That's it. Don't confuse people with unimportant walls of text. No one wants to or can concentrate on your thought process, emotions, fears, and whatnot.   

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February 23, 2022, 03:12:54 PM
 #20

What is important is that you shouldn't have the possibility to spend from the wallet whose private keys are stored on your Ledger without the device being connected and unlocked + the Waves app being opened. You can see your entire portfolio in Ledger Live as well, with or without the hardware wallet connected. Don't concentrate on that any more.
Yes, I thought it was pretty clear to jerry0 that if their transaction pops up on the Ledger, it means the Waves are currently on the Ledger and the transaction is happening through it.  I still can not understand and imagine the interface with all the buttons and stuff they try to explain and that is really unnecessary long as Ledger is still the one being used.  Transaction goes through Ledger before being broadcasted?  It means you have logged in correctly.  Simple as that.  I do not get why and how they complicate things so much.

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