Bitcoin SV Wallet with Nano Ledger

[jerry0]

I am soon going to claim my Bitcoin SV.  During all these forks, btc was in electrum.  Then after a while I got a nano ledger.  Then after a bit, I claimed BCH by downloading electroncash and typing in my electrum seed and the BCH was there.  Then I sent BCH to the nano ledger and it's been there ever since.



I am going to download bitcoin sv wallet form

https://electrumsv.io/



I am told just type in my electrum seed and the Bitcoin SV will be there and there is no need to sweep any any keys.  Also replay protection is something I should not be concerned with because when I claimed my BCH in electroncash a while back, I just sent the BCH to my own nano ledger.



Now after I enter my electrum seed phrase into electrum sv io wallet, the bitcoin sv should appear.  Now since nano ledger does work with it... but not with ledger live... has anyone here done this?  Yes I know bitcoin SV is a useless coin but no harm in claiming it and just storing it right?  Or claiming it and immediately selling it?  I don't mind sending it to exchange and sell it for btc or usdt etc.



Now is there any risk to my BCH if my nano ledger If I claim my BSV and install it that way?  I read you would be using the BCH app each time when accessing Bitcoin SV.  I checked and saw what other wallets works with bitcoin sv and two software wallets which I have heard of.. but never used seem to store it.  That is trustwallet and atomicwallet.  Does anyone have experience with either of these two software wallets?  The thing is I was told you shouldn't keep the electrumSV wallet on your computer as it might not be safe etc.  I also plan to have it installed on another windows pc. 



But my main purpose of this is I want to claim all the forks... so then my electrum seed would be useless.

[Charles-Tim]

I am told just type in my electrum seed and the Bitcoin SV will be there and there is no need to sweep any any keys.  Also replay protection is something I should not be concerned with because when I claimed my BCH in electroncash a while back, I just sent the BCH to my own nano ledger.

You have to be concerned about replay protection if Ledger live is not supporting BSV, you can read the quote below.

From our perspective, the last item (replay protection) is the most important as it protects the user from losing the original, non-forked asset through a transaction replay on the main chain.

Without this critical protection, Ledger will not support a fork.

Unfortunately, Bitcoin SV developers have decided to not implement replay protection. As a direct result, we’re forced to not support BSV purely from a security standpoint. As previously mentioned, a solution for advanced users exists with the combination of our Bitcoin Cash app and Electrum SV. However, Ledger does not provide support and users are advised to proceed at their own risk.

If you want my opinion, there is nothing bad to convert it to bitcoin that has the replay protection and supported by Ledger Nano

That is trustwallet and atomicwallet.  Does anyone have experience with either of these two software wallets? 

Just that they are both close source wallet, we need to be careful of close source wallet, only open source ones are recommendable.

[jerry0]

So what I read about nano ledger and bitcoin SV is apparently ledger is making it very hard for people to use bitcoin SV with ledger.  So because of that, should i just avoid the idea of using bitcoin SV with nano ledger then ... since it doesn't really support it?  I also read someone mentioned any future firmware updates nano ledger does... it could affect it working with electrumSV?  I know you need to use the BCH app to use the bitcoinSV.


Ledger Live doesn't work with bitcoin SV.  You need to use electrumSV with nano ledger.  So that mean any mistake, your BCH stored in nano ledger is at risk? 



Someone told me when I claim the bitcoin SV, there is no replay protection risk because I had sent my BCH from electroncash to nano ledger which is my own wallet.  They said had you sent the claimed BCH to like an exchange wallet, you are at risk?



Well after I claim the bitcoin SV, i would prefer to keep it in the hardware wallet like nano ledger.  But having it only work if you use electrumSV with it... doesn't make me a big fan of it. 



Now would it be safe to just keep bitcoin SV in the electrumSV wallet for the time being though?  This would be on a separate pc so I wouldn't use it much.  Or would you say having the btc sent to trustwallet or atomicwallet is a better/worst idea?  The other software wallet that seem to allow bitcoin sv is Exodus. 


I heard closed source is not good.  So any electrum wallet whether electrum, electroncash, electrum-LTC, electrumSV, electrumG etc... are all open source then?  So you rather have the bitcoin sv just stored in the electrumSV wallet then as oppose to trust/atomicwallet and Exodus?