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Author Topic: Ledger Stax (Ledger's latest hardware wallet)  (Read 766 times)
dkbit98
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February 28, 2023, 07:45:32 PM
 #41

Decrypt just released first in-depth review of new Ledger Stax hardware wallet that is showing most we saw so far, but I am not sure if this is paid or sponsored review.
Funny enough they didn't like ledger's E-ink display (I like it btw) because it can't be fully used to display NFT's in full color, and with right they say that some users don't like wireless protocol for communicating with other devices.
I expected to see more from this review, maybe comparison with older ledger wallets or showing other improvements or weak points, but whatever.
https://decrypt.co/122367/ledger-stax-hands-on-review-hardware-wallet-ipod-design-flourishes

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August 28, 2023, 09:04:42 PM
 #42

Update on Stax from Ledger, looks like they are delayed due to the curved e-ink display. There is no new delivery date specified.

https://app.news.ledger.com/e/es?s=1909208&e=658949&elqTrackId=efd74c1a1b7a40299e524d6e5aa03bea&elq=dac020f6a554448cb87c74246b90cb5a&elqaid=674&elqat=1
https://www.youtube.com/watch?v=o1hyxbZibaY

I had predicted this is what was causing issues. https://twitter.com/zachherbert/status/1682015265326874630

Ironically the curved e-ink is only there to show a wallet label on the side so you can "stack" multiple devices together. I don't understand why anyone would need more than one device?
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August 28, 2023, 10:00:33 PM
 #43

Update on Stax from Ledger, looks like they are delayed due to the curved e-ink display. There is no new delivery date specified.
Maybe they are also affected by ledger recover release news that resulted in decline in popularity and lower sales.
Stax maybe looks nice but I would never waste my money on this device, from inside they don't have anything special or new compared with their older models.
I don't know anyone who owns Stax wallet, and I never tested it so I can't say more about it.

Ironically the curved e-ink is only there to show a wallet label on the side so you can "stack" multiple devices together. I don't understand why anyone would need more than one device?
You mean other than making more profit for ledger?  Cheesy

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tenant48
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August 29, 2023, 06:02:03 AM
 #44

You mean other than making more profit for ledger?  Cheesy
Instead of releasing a practical thing with a regular screen without curves and also install a removable battery, they want to release this "misunderstanding". So they will not see profits, but rather will receive losses due to small sales and the need to spend their resources on supporting Ledger Stax on an equal footing with other models.

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August 29, 2023, 06:38:37 AM
 #45

Ironically the curved e-ink is only there to show a wallet label on the side so you can "stack" multiple devices together. I don't understand why anyone would need more than one device?
I don't understand why anyone would need this device, at all:

My thoughts exactly. And not just harmless gimmicks, but gimmicks which actively compromise your security. Why on Earth would I want my hardware wallet to have my name displayed on it? So if I lose it an attacker knows who to $5 wrench attack to get the PIN? And why would I want it to display NFTs? So I can whip it out in public to show everyone my super expensive and rare NFT and make myself a target for attacks? And I really don't understand the stacking function. They want you to buy a separate device for each wallet? At $280? Lol. Or maybe you and your family members are meant to stack all your devices together in the same place to make it super easy for an attacker to steal them all at once?

Have Ledger forgotten that passphrases exist? Or derivation paths? Or even just resetting the device and entering a different seed phrase? Why would anyone need multiple devices?

And the latest gimmick is a protective case? I thought the whole point of this stupid wallet was to stack them together and show a picture on the front and text up the side? Now they are telling you to slap these cheap cases on them to stop them stacking together and to hide the picture and text?
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August 29, 2023, 06:53:29 AM
 #46

I don't understand why anyone would need this device, at all:

My thoughts exactly. And not just harmless gimmicks, but gimmicks which actively compromise your security. Why on Earth would I want my hardware wallet to have my name displayed on it? So if I lose it an attacker knows who to $5 wrench attack to get the PIN? And why would I want it to display NFTs? So I can whip it out in public to show everyone my super expensive and rare NFT and make myself a target for attacks? And I really don't understand the stacking function. They want you to buy a separate device for each wallet? At $280? Lol. Or maybe you and your family members are meant to stack all your devices together in the same place to make it super easy for an attacker to steal them all at once?

Have Ledger forgotten that passphrases exist? Or derivation paths? Or even just resetting the device and entering a different seed phrase? Why would anyone need multiple devices?

And the latest gimmick is a protective case? I thought the whole point of this stupid wallet was to stack them together and show a picture on the front and text up the side? Now they are telling you to slap these cheap cases on them to stop them stacking together and to hide the picture and text?

Remember this is a Tony Fadell design, so it has a lot of features that resemble Apple but do not make much sense for cryptocurrency at large. Minimalist interfaces do not really work in this industry.

However:

Quote
They want you to buy a separate device for each wallet?

If you mean multiple wallets in the same HW, I fail to see how that's going to be useful since not only will it have the same effect of generating more addresses inside a single wallet, but there will also be more mnemonics to write down.

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August 29, 2023, 07:47:28 AM
 #47

If you mean multiple wallets in the same HW, I fail to see how that's going to be useful since not only will it have the same effect of generating more addresses inside a single wallet, but there will also be more mnemonics to write down.
There's the beauty of it! You don't need to write down any mnemonics! For the low price of only $10 per month per mnemonic, Ledger will store them all for you! Such secure! Many value! Wow! Roll Eyes

There is an argument to be made to have a second hardware device which you can use for the emergency recovery of your funds should your primary device be lost, stolen, or damaged, so you don't need to risk importing your seed phrase in to a hot wallet. But if you can always just buy a new device should this happen and you are willing to wait a few days. And if you do need an emergency back up device on hand, then you can pick up something cheap like a SeedSigner and not splash out $300 for this NFT picture frame.
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August 29, 2023, 10:28:45 AM
 #48

I fail to see how that's going to be useful since not only will it have the same effect of generating more addresses inside a single wallet, but there will also be more mnemonics to write down.

If the given wallet is BIP85 compliant then there is no need to write down  all bunch of the child mnemonics. All of them are derived from a single master SEED  which  makes mnemonic management to be very easy matter. For instance in the case of HW backup one has to write down solely the master mnemonic and be safe forever. BTW, Passport 2  has such functionality as generate multiple  child SEEDs  from master mnemonic while Ledger Stax has not.

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August 29, 2023, 12:20:51 PM
 #49

If the given wallet is BIP85 compliant then there is no need to write down  all bunch of the child mnemonics. All of them are derived from a single master SEED  which  makes mnemonic management to be very easy matter. For instance in the case of HW backup one has to write down solely the master mnemonic and be safe forever. BTW, Passport 2  has such functionality as generate multiple  child SEEDs  from master mnemonic while Ledger Stax has not.

I don't like BIP85 personally, because it overloads the "coin" part of the deviation number. Coin is supposed to be used (per BIP44) to identify the coin network. As someone who's making a wallet library, this means that I won't be able to use BIP85 and multi-coins at the same time.

Why didn't they just use "account", which is also hardened? Is that not it's intended purpose?

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August 29, 2023, 06:55:54 PM
 #50

Ironically the curved e-ink is only there to show a wallet label on the side so you can "stack" multiple devices together. I don't understand why anyone would need more than one device?
They don't but somehow, they've managed to master the art of convincing their customer of the need to purchase more than a single device of the same kind [refer to some of the comments in their subreddit].
- They seem to enjoy taking advantage of their ignorant users (SMH)!

  • Quote
    We planned to ship Ledger Stax earlier this year, but it has taken our display provider months more than they originally expected to ensure every screen matches our quality standards.
    Wait, what?! I didn't know they had any Cheesy

  • Quote
    Often when v1.0 products come to market, they're really v0.9. This delay with the screen has allowed us to deliver a product in Ledger Stax that is truly beyond v1.0 at launch.
    IIRC, there was also a delay with Nano S Plus, but there were still a lot of issues at its launch!

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