[2015-02-19] CD: Hardware Wallet Startup Ledger Closes €1.3 Million Seed Round

[LiteCoinGuy]

Hardware Wallet Startup Ledger Closes €1.3 Million Seed Round

Bitcoin hardware wallet startup Ledger has raised €1.3m (£959,000) in a seed round led by French VC fund, XAnge Private Equity.

http://www.coindesk.com/hardware-wallet-startup-ledger-closes-e1-3-million-seed-round/

[unamis76]

Let's see what comes out of this. In my opinion they're not as strong as Trezor, maybe this new capital will make them improve their product!

[LiteCoinGuy]

they plan a second edition which is as strong as trezor. hopefully it will be cheaper than trezor.

[okthen]

Good to see an alternative to Trezor might come!
Yeah I hope they're cheaper, and it would be nice if they had a wider distribution worldwide.

[1Referee]

I don't see why it would be better to choose this over the trezor.

I certainly hope they will try to top trezor instead of making something similar.

[No_2]

Let's see what comes out of this. In my opinion they're not as strong as Trezor, maybe this new capital will make them improve their product!

From what I understand the cryptographic process Ledger uses is based on an industry standard which is stronger than Trezor based on a series of proofs. Also the random function generator on the chip is much closer to true random compared to Trezor's. This is according to a very informative presentation I watched at the London Bitcoin Expo 2015 in January 25th at 1pm by Dr Nicholas Courtois.

reading up more on this has been on my to do list. If any one has any pointers to Dr Nicholas Courtois papers etc I'd be grateful. He seemed like a true scientist as a lot of people in the room did not like what he was saying.

[unamis76]

Let's see what comes out of this. In my opinion they're not as strong as Trezor, maybe this new capital will make them improve their product!

From what I understand the cryptographic process Ledger uses is based on an industry standard which is stronger than Trezor based on a series of proofs. Also the random function generator on the chip is much closer to true random compared to Trezor's. This is according to a very informative presentation I watched at the London Bitcoin Expo 2015 in January 25th at 1pm by Dr Nicholas Courtois.

reading up more on this has been on my to do list. If any one has any pointers to Dr Nicholas Courtois papers etc I'd be grateful. He seemed like a true scientist as a lot of people in the room did not like what he was saying.

I see... Thank you for the information There are many people who only believe in Trezor, so probably Dr Nicholas Courtois research is very valuable.

I thought trezor was a bit more secure, as it is a "standalone device", so to say... Maybe I'm wrong