/biz/ - Business & Finance

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Anonymous Tue Apr 14 23:56:09 2020 No.18470485 [Reply] [Original]

Brainlet Here.
I've recently got my ledger Nano X
I've already got my bitcoin on it and am looking to add my alt coins. You're only given one 24 word private key. Is this supposed to work only on bitcoin or can i also use it on MEW to recover my ERC20 tokens? I would've assumed the would be seperate keys.

thanks frens

>>	Anonymous Tue Apr 14 23:56:41 2020 No.18470490 >>18470485 RTFM

Anonymous Tue Apr 14 23:58:46 2020 No.18470507

>>18470485
you load multiple "apps" each one enable a different coin. all wallets are controlled by the same 24 word phrase.
hate to break this to you tho friend.....ledger gets your xpub so they can track every single thing about you from that point forward (how much you spend, how much you have ,etc).

>>	Anonymous Tue Apr 14 23:58:49 2020 No.18470508 File: 476 KB, 786x719, 1561594677639.png [View same] [iqdb] [saucenao] [google] >>18470490

Anonymous Tue Apr 14 23:59:03 2020 No.18470511
File: 65 KB, 752x1011, 1586922101511.jpg [View same] [iqdb] [saucenao] [google]

>>18470485

It all works for every app you download into the ledge.

I have a nano X as well. If you lose ur keys you can just recover them with another ledger or some special software.

I recommend a. Cheap nano s as a backup.

And ya that same key works to recover everything even coins you have yet to add.

I have btc Eth and Zcash on mine

>>	Anonymous Wed Apr 15 00:01:18 2020 No.18470545 File: 57 KB, 553x592, 1586920630473.jpg [View same] [iqdb] [saucenao] [google] >>18470507 That's cool Fren but they litteraly know nothing more then anyone else looking at the Etherscan because they do not know who actually owns that wallet.

>>	Anonymous Wed Apr 15 00:01:23 2020 No.18470547 You got the bitcoin ledger, you need another ledger for each coin as it's locked to that coin/wallet after sending funds. Now you know why so few here use a ledger, bit of a hassle tbdesu.

Anonymous Wed Apr 15 00:01:32 2020 No.18470550

>>18470507
Damn, well as long as they're not disclosing any information to governing bodies idgaf. thanks anon.
>>18470511
I've just split my keys into 2 parts in 2 secure locations. But the back up is a good idea. Didn't realise you could import old keys into a new ledger. I'll do that for sure. thanks anon

Anonymous Wed Apr 15 00:14:18 2020 No.18470684
File: 715 KB, 640x800, 1586668776554.png [View same] [iqdb] [saucenao] [google]

>>18470550

You need to use a password if you keep a shitload on ur ledger.

People with l33t hacking skills can hack ledgers and trezors. This can reveal the key on the device. Also someone could find your key.

If you use the password extra feature with the ledger then it works like this.

It creates a new temporary key that is a combination of the key currently on the ledger and the password. This keeps anyone who finds your private key or hacks ur ledger from getting the funds.

Its pretty useful because I can remember a password but not a insanely long key phrase.

>>	Anonymous Wed Apr 15 00:23:23 2020 No.18470786 It works for every App, Kindly note that $TRY is one of the Altcoin you should not miss for anythin as TRIAS transparency allows the sharing of the revenue that is created from the sales of its Dapp Triasforce to its community as a whole.

>>	Anonymous Wed Apr 15 00:24:09 2020 No.18470792 >>18470485 The only crypto is can hold is Nano hence the name

>>	Anonymous Wed Apr 15 01:02:08 2020 No.18471150 >>18470511 Why zcash?

>>	Anonymous Wed Apr 15 01:49:22 2020 No.18471576 Can I add custom tokens to a Nano X like I can with Metamask?

>>	Anonymous Wed Apr 15 02:32:21 2020 No.18471948 >>18470485 be sure to store your bitcoins on it before the halvening, otherwise you will wake up with half the amount

>>	Anonymous Wed Apr 15 04:04:19 2020 No.18472841 >>18470485 Post your 24 word seed here and I'll tell you if it's valid for altcoins as well. You can tell based on which letter the 3rd, 5th and 9th words start with which coins you can use it with.

>>	Anonymous Wed Apr 15 05:00:11 2020 No.18473273 >>18470485 https://finance.yahoo.com/news/crypto-custody-provider-ledger-extends-140024403.html

Anonymous Wed Apr 15 06:55:46 2020 No.18474172

>>18470545
>litteraly know nothing more then anyone else
wrong.
1. they know your address they shipped unit to
2. they know the serial number of unit they shipped you
3. they know your ip address so can follow you whereever

trust me. people with far higher iq's than you have looked into hardware wallets and determined that at best they are a meme at worst a total opsec disaster.

>>	Anonymous Wed Apr 15 06:58:40 2020 No.18474193 >>18474172 kek, take your meds schizo

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