As far as i understand it’s a public server and they (ledger) can monitor your wallets and transactions.

Also the ability to install apps for other crypto introduces more attack surface.

But i am only digging into this very briefly 😅

Reply to this note

Please Login to reply.

Discussion

Everybody can monitor my transactions.. that’s what an open ledger stands for

My keys always stay cold and safe

I think he’s referring to Ledger’s own electrum server

Ledger points you at their nodes by default, since most people aren’t going to run their own, it if you do have a node you manage, you can point at it directly.

The main objection I hear to ledger is that the software isn’t open source. Multisig fixes this imho, so I have no issue using a ledger as one of my signing devices.