/biz/ - Business & Finance

did you buy it from some random seller on ebay?

buy a new one from the company directly you jew fuck

>>6116755
Did you buy it from an authorized seller? Or even better directly from Ledger?
Did you get your recovery seed off the device and not on some bullshit scratch guard like the tard ledditor did?
Then you're probably fine.

>>6116755
Did you have to set it up?
During setup you have to write down 24 words generated by the ledger and create a minimum 4-digit PIN. If you haven't done those things, enter a wrong PIN 3 times to reset the ledger to factory settings and then start the setup again. It will generate new words so no one can get your coins.

if you bought from anything other than official source

https://steemit.com/ledger/@cryptohblock/how-to-verify-the-security-integrity-of-a-ledger-nano-s-and-how-to-not-ruin-one-in-the-process

hardware verify + software verify(using the ledger wallet app) + seed generation on device(not a scratch-off) = 100% safe

>>6116755
To avoid get fucked over like the Reddit guy, make sure your seed words are brand new, provide to you from the device.

Reddit guy received a pre-printed seed words code on fake Ledger branded paper. The seller already had a copy of those seeds and so had access to the wallet.

>>6116780
>>6116802
>>6116830
>>6116886
>>6116998
>>6117103

I bought it directly from LEDGERWALLET.COM

I ordered express and I tracked its shipping throughout - it arrived on time and didn't take any strange diversions that I can see.

>>6117276
then you're fine, none of this applies to you

>>6117276
then it's the original website, what's the worry?
check a video to make sure everything go well, then post your 24 word seed here so we can ascertain whether it is legit.

take the back off and look at it

I have my 24 words on three papers. Where should i put them?

>>6116755
>Trusting some company's closed source hardware wallet

>>6117683
if this shit is ever going to really take off, the normies need a solid device. not everyone is a fucking neet who has their shit encrypted on multiple devices.

>>6117635
Mail one copy to me, just in case you lose the other two. Don't worry I'm legit.

Hallo ruud

>>6117756
That's all fine and dandy. You can store your shit on the even most leaky machine as long as you don't put _everything_ there. I think this is what most normies don't get.

>>6117635
Post them up on here so we can check they're secure enough

>>6116755

Is this better than the trezor?

>>6116755
You can reset it by getting your pin wrong 3 times.

>>6118468
barely a difference
i just remember hearing trezor had a vulnerability ages ago or some shit, was probably not even true but not taking any risks to i just got ledger

>>6118460
top kek

>>6117635
One at the bank.
One in a water/fireproof safe at your moms house.
One rolled up in a Coxon stuck in a jar of Vaseline so you can quickly stick it up your butt in case of emergency.

>>6117103

rofl that reddit guy is trying to pin blame on Ledger

https://np.reddit.com/user/moodyrocket

Seriously there plenty of onlien guides or Youtube videos that teach how to set one up so it should have pretty obvious that a scratch card was an obvious scam.

>>6116755

make sure you need to scratch off the seed words like a lottery ticket.

The fake one has blank spaces where you need to write them in

>>6116755
Don't worry Anon, just set it up as instructed and then send me your seed code and I'll verify that it's all OK for you.

>>6118949
>Also just to add the Ledger did not allow me to change the Seed words, only to change and set the Pin.

Top fucking KEK! Doesn't he know what resetting means?

>>6117492
Here is mine legit?

>>6120354
jk nice try pajeets

>>6120354
Account emptied 2014. Is this a reference to some famous account compromise or did you just post an old key?

>>6117806
hoi

just

>>6116755
Ledgers use their secure element chip to authenticate the hardware and firmware every time you use them with the official ledger app. Assuming none from your batch of 10,000 (that share a private key) have been compromised by an intelligence agency with an electron microscope and inside knowledge from the secure element manufacturer, or an adversary of similar capabilities, it can't be tampered with.

where do you guys store your 24 word pass phrase?

can it be regenerated if lost assuming you can unlock the wallet?

>>6116755
If it comes with a scratch off card GIVING you your random seed then it's fucked. Even if you buy a used Nano S, if you do a wipe and reset and generate a new random seed then you're good to go.
If you're ultra concerned about it just go through the setup process once to see whether it was compromised or not, then do a wipe and generate new keys if you feel you need to.

>>6121642
How does one use an electron microscope to compromise this?