Does anyone have experience with ledger?
- Thread starter vladmcc
- Start date
vladmcc
Junior Member
- May 18, 2023
- 125
- 49
thanks
paja93
Power Member
- Aug 11, 2016
- 736
- 632
Dont buy ledger, buy trezor.
Ledger is shady, had huge data leaks in the past, and few months back created a literal backdoor into their firmware. On top of that it has pretty important staff that is closed source. They basically introduced an update that allows seeds to be backed up on their service, which means there is a way for device to send keys outside and you CAN'T confirm if its really not doing that when you are not subscribed or not.
Ledger is shady, had huge data leaks in the past, and few months back created a literal backdoor into their firmware. On top of that it has pretty important staff that is closed source. They basically introduced an update that allows seeds to be backed up on their service, which means there is a way for device to send keys outside and you CAN'T confirm if its really not doing that when you are not subscribed or not.
AESTRON
Banned - Selling via PM
- Jul 22, 2023
- 15
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I’ve used ledger up until their recent recovery service debacle, now I’ve switched to Trezor - where I hold the majority of my portfolio. A smaller % is still sitting on my ledger, which I use for sending in and out of CEX.
as for your recovery question, ledger (or any other wallet) will generate a 12/24 word seed phrase, this is basically the key to recovering/accessing your funds on any wallet.
as for your recovery question, ledger (or any other wallet) will generate a 12/24 word seed phrase, this is basically the key to recovering/accessing your funds on any wallet.
vladmcc
Junior Member
- May 18, 2023
- 125
- 49
Thanks. trezor.io official site?
paja93
Power Member
- Aug 11, 2016
- 736
- 632
yes
tattooedbuddha
Senior Member
- Jul 19, 2020
- 860
- 5,742
Been using ledger without problems but very sparingly as I barely have any crypto assets or interest in crypto these days.
DavidG1510
Banned - Multiple Rules Violations
- Jun 28, 2023
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Ledger is great if you hold Polkadot.
But overall Trezor is better.
But overall Trezor is better.