i have one direct question to the experts.
i got 1 week ago 2 ledger nano S,can use those wallets to store an larger amount of btc like 20-25 for example?How secure are my coins?is more secure i keep on blockchain or on ledger?
what u will recomend me to do if i store large coins on my ledger?
thanks
With no doubt , Its secure more then the blockchain.info and yes you can store any amount you would like to without being afraid of anything. Unlike desktop or online wallets , hardware wallets have security as their first priority , If you are going to use your bitcoins on a daily or weekly basis then It's a good idea to store them there , If you are just holding for the long term then a cheaper alternative as Paper wallet would be fine.
thank you for your reply.
im confused about that 24 words seed?Hows generated?Does any one other can have same seed?How it works to be unique only for me?
I wouldn't go to the Ledger thread but since this thread is for bitcoin hardware discussion then let's discuss here.
How much is the storage of that wallet? How many transaction can that handle? Or what are the limits?
About the seeds it is pretty interesting because there are lots of seeds but the order can "bruteforced" but I have no idea for further things.