/biz/ - Business & Finance

I have a ledger. What happened what did i miss

>>54989406
new firmware update makes it capable of sending ur seed phrase over the internet to their "trusted" partners

It was never an option retard

Imagine buying this crap after their leaks, and after reading their privacy policy lmao

Trezor or anything actual open source

>>54989299
I've still got mine in a safety deposit box in the bank. I managed to lock my BTC at $55k.

>>54989406
They’ll have access to your seed phrase with the new software update but it’s for your own safety

>>54989428
how about keystone?

>>54989423
Who says it wasnt possible before? None knows, they could have done it since forever but only now you retards wake up

>>54989451
That's true. They said it wasnt possible but maybe they lied. But now theyre coming out, proudly announcing it.

>>54989447
bitbox seems similar to ledger but better
keystone is something entirely different. not bad but more complicated and less popular so maybe more bugs.
still the best option if you need a huge screen though

>>54989423
Ive never trusted ledgers and this seals it for me. imagine putting millions on a ledger and it "gets hacked" by someone just reading off your seed phrase and having a bad day at work and going fuck it nad taking your wallet over. yeah nah fuck that

The cat's out the bag.
Even if they pulled this feature and sucked all our cocks in apology the admittance that it is possible (Previously stated as impossible) to get the seed off the device means they are fucked.

So what is it then Trezor?

>>54989299
safe gnosis

>>54989500
I think there's an even better solution. You buy an old computer and install a hardened Linux with maximum encryption on both the hardware and the key and only use it to print out a transaction without having ever connected it to the internet. Then you send the signed transaction with another device after OCR scanning the printout, the signature can't be faked.

Buy a used laptop off eBay. Reformat the disk and install Linux. There's your hardware wallet

>>54989541
>what are QR codes

>>54989579
CIA backdoored.

>>54989598
>implying the printer isn't backdoored

>>54989622
You cant backdoor a piece of paper, boomers know best.

>>54989541
You can achieve nearly the same with Airgap Vault and an old smartphone

>>54989720
Phones are so backdoored its insane, probably has a storage for all your keys.

>>54989423
Can you still use it without updating the firmware?
Or was the firmware update awhile back. Haven't used mine in awhile.

>>54989543
>used laptop
>sure wasn't tampered with
I once bought a used thinkpad on ebay with a hidden microsim card

>>54989434
Kek.

>>54989759
what do you think makes the image on the piece of paper
another piece of paper?

>>54989299
Laptop with Linux

>>54989447

Does this used shamir backup like the trezor?

>>54989423
You can just not update? I haven’t updated mine for years and not using their wallet

>>54989699
bro, you gotta read up on some shit, seriously.
every printer has a unique signature that is being imprinted into the paper, not visible to the human eye

>>54990321
It was a funny joke.

>>54989299
Friendly reminder that a large customer list of people owning ledger wallets was leaked a few years back and they took ZERO responsibility.

Life pro tip, never do business with French people. They simple don't give af about anything (Req, Ledger, Origami etc).

>>54990373
>Life pro tip, never do business with French people. They simple don't give af about anything (Req, Ledger, Origami etc).
Don't forget Kleros.

1 don't tell anyone you have crypto
2 use mutiple wallets
3 don't ever type, text, email, take a picture, or etc of your seed phrase
4 change out wallets every so often

If you actually use crypto then get a trezor model t. If you don't use crypto and just hold then just use a paper/metal wallet.

>>54989299
>anon realizes he owns a stick full of nothing
based and welcome to the club

>>54989435
This is why I focus on Nexera and OREID.

>>54989541
retarded. I do thousands of transactions a year, that would be an absolute pain in the fucking ass.

That's fine for a cold wallet, not what hardware wallets are for.

>>54989299
No need to panic, Self custody protocol is a top notch.

>>54989299
Obviously Trezor, it's badass. Cold wallet separated internally, it signs all txs offline. IMO there's no substitute.

>>54990252
The functionality is there regardless if you update or not. It shouldn't be possible to do this.

Can someone give me the QRD on this, I'm getting different answers. One says that Ledger requires KYC now which defeats the purpose of a Ledger and one says that Ledger is storing seed data to their cloud which defeats the purpose of self custody and is ripe for theft.

>>54993220
neither is true >>54991840

the thing is opt-in, not required. and they are stored in HSMs, not in the cloud.

Everyone saying Trezor is 50 IQ. Trezor is designed the SAME FUCKING WAY retards. Any firmware has access to the private keys in one way or another.

I don’t know much about wallet security but can i not just use a tails usb with tons of extra memory on the stick and create an electrum wallet/monero gui wallet/whatever linux cuck compatible software wallets and save them in the persistent storage of tails on the usb and then send my coins to those wallets addresses and never actually do anything else with the wallets except holding the crypto i sent them from my other wallets? then i just throw my tails usb in a safe and bam my long term crypto is secured. any reason why this wouldn’t work and or be secure?

>>54993741
There are so many points of failure in this train of thought that I am just speechless. Yeah you go do that buddy.

>>54994620
To add to it go read the paper “reflections on trusting trust” to see why any plan that doesn’t involve building your own hardware, assembler, compiler, OS, application level software can be backdoored

>>54989541
I'm not doing all that shit faggot.

>>54993641
Isn’t trezor fully open sourced?

why the fuck does the Keplr wallet on cosmos only support this one hardware wallet?

>>54990373
as opposed to FTX?
Or boeing? pushing dangerous planes on the market to make more gains?
Yeah i would definitively trust america faggot
Stay mad

>>54994620
>>54994645
yuo'tr beigm obtuse

>>54989299
Is it really worth having one of these? I feel my PLEB bags are secure enough, if I had to protect something physical I would be worried about it

>>54995467
I personally think they’re really only good for long term holding where you’re not worried about checking up on it all the time. So basically only Bitcoin and maybe Ethereum as I don’t really view any alts as long term holds.