RE: Replacing Ledger Nano S w/ Trezor hardware wallet

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Replacing Ledger Nano S w/ Trezor hardware wallet

in bitcoin •  7 years ago 

I woudln't personally buy trezor / ledger otherwhere rather than manufacturer.

About the ledger thing, yeah the kid hacked the ledger in like 1/100.000 circumstance like he had physical acces to the device and a lot of other variables were into place... I don't know what to say :D

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7 years ago by

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      ·  7 years ago 

    The entire point of a Trezor/Ledger is to protect against physical access attacks. If not, then might as well use a paper wallet. How comfortable would you be with a paper wallet with your printed private keys holding 1M+ USD in crypto? I'm sure you would be sweating bullets every time you left the house, or the chance of a fire.

    And it isn't a 1/100,000 circumstance at all. In fact people with crypto have been targeted and threatened at gunpoint to open their wallets for attackers in their own homes.

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