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File: 159 KB, 600x400, ledgerwallet.jpg [View same] [iqdb] [saucenao] [google]
2209497 No.2209497 [Reply] [Original]

So I just ordered one of these things for holding a ton of ETH instead of leaving it on Coinbase.

Did I do good? Is it good for holding ETH? Are gas prices fixed or are they adjustable? Is it easy to send/recieve?

>> No.2209525

>>2209497

what if the battery dies in it?

>> No.2209533

i got one. devs can make wallets for it and you can add them through the manager. BTC and ETH are on there by default.
You send/ receive through the device when its plugged in. seems secure

>> No.2209541
File: 5 KB, 190x153, 1494319867746.jpg [View same] [iqdb] [saucenao] [google]
2209541

>>2209525

>> No.2209569

>>2209533
Have you sent any ETH to it though? What are the gas prices for sending? Can you adjust them yourself or are they set at a fixed rate?

>> No.2209630

>>2209497
I also own one. They are pretty secure desu. But most important is the 24-word seed you've written down. Lock it somewhere safe, like a bank deposit box, under your floor tiles, behind you mother's ass, anything.

>> No.2209683

>>2209525
> > > > charge

>> No.2209770

>>2209497
Nice vape, how do you adjust the wattage?

>> No.2209819

>>2209525
You should not be involved in Crypto.

>> No.2209854

>>2209497
>>2209533
isnt a technical hardware failure way more likely than your password protected wallet.dat getting destroyed on several computers (maybe even cloud)?

>> No.2209866

>>2209525
Holy shit i'm new to crypto but i'm not that retarded.

>> No.2209877

>>2209854
>omg it's a wallet, so obviously my money must be stored in it
kek

>> No.2209888

>>2209877
Sometimes I do wonder if more than 1% of biz actually understands how a blockchain works.

>> No.2210147
File: 76 KB, 349x356, wink pepe.jpg [View same] [iqdb] [saucenao] [google]
2210147

>>2209525
no battery

>> No.2210170

>>2210147
>no bat tree

how?

>> No.2210258

>>2209854
Hardware wallets deterministically generate their private keys from a standardized BIP-39 mnemonic code. It doesn't matter what happens to that hardware wallet, as long as you have that seed phrase you can go to any wallet that has BIP-39 seed recovery and all your private keys will be decoded. The bitcoins or ether are stored on the blockchain not in the hardware. I use keepkey and have the 12 word recovery phrase memorized. I could go anywhere in the world with internet and access my wealth without the actual hardware wallet.

>> No.2210403

>>2209497
idk what this is but it looks like some chinese crap that will die on you in a month

>> No.2211234

>>2210403

t no coiner

>> No.2211747

what justifies this being 100x the price of a usb stick?

>> No.2211757

>>2209525
if you are 12 or a retard you should not be posting

>> No.2211964
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2211964

>>2210170
-_- you plug it into your laptop and it gets power from that and it turns on. When you plug out it shuts off. There now stop being a noob anon

>> No.2211999

I wouldn't trust it. Even if it is tested blah blah... shipments are intercepted and replaced with backdoor including devices.

>> No.2212306

>>2211999
your mom was intercepted several times and got some work on that backdoor last week

>> No.2212471

>>2210170
it derives power through USB