Ledger is closed source
Ledger made a necklace for you to wear it
Ledger is sending portions of your seed to different custodians for a “recovery service”
The reasons to use Ledger are now in the negative
Discussion
Same with trezor sadly
What’s the deal with Trezor? Aside from the no secure element, I thought they were pretty good. Really thought their Bitcoin only firmware was also a good move. I could be missing something though.
They are using a centralized coinjoin infrastructure provider https://www.youtube.com/watch?v=zp012aP0ZFA
Okay I remember hearing some controversy on the coinjoin feature. Is that just within Trezor Suite? Like does the signing device itself have anything to do with that? You can use it independently right?
That does have a lot to do with trezor suite. Which means you can’t update the firmware.
I have not tried using the signing device with any other software. Planning to attempt with sparrow
I’ve used it with Sparrow. Not my go-to by any means though. Man I really liked Trezor.
Me
Too
Man
🙇♂️
If you don’t use the recently added coinjoin feature, what’s the problem?
You can’t use the trezor suite which is what you use to update the device
looks like we need an alternative
Is Unchained changing the signing device they’re recommending? #[5]
The beautiful thing about multisig is that there is no single point of failure, and that includes the hardware you use.
Right now we support Trezor, Ledger, and Coldcard. The market reality is those three manufacturers have a supermajority of market share.
We likely won't be discontinuing support for any of those in the near future, but we are evaluating adding support for additional manufacturers/devices.
Key point: multisig fixes this.
Not to mention your sponsorship with a competitor 😂 jk
Get a Coldcard. You won't regret it.
So what’s the best ?
I prefer Jade, ColdCard, and SeedSigner as a concept (I have yet to make one myself but literally everything I’ve seen on it is mint)
Ok thank you for the info. I won a Ledger Nano X and I’m still waiting to receive it, but now I don’t know if I will use it 😕 I can’t afford any other solution.
Jade is very inexpensive. And depending on the price of Pi Zeros, a SeedSigner can be next to nothing!
cc #[3]
We should connect in Miami -- I'll be in the bitcoin bazaar doing demos. 🙂
Thank you but I live in Buenos Aires, I’m not sure I can get a SeedSigner here 😕
Pi Zero is the most challenging component to acquire right now, but availability is improving. Keep an eye on https://rpilocator.com, many European suppliers will ship internationally.
Thank you for the info, I’ll check it out
Thank you for the info. I’m not sure I can get one of them here in Argentina 😕
"Ledger is sending portions of your seed to different custodians for a “recovery service”
uhm what?
Those who used Ledger from the beginning, also know how quickly Ledger gang dropped support for their original, super affordable products - the HW1 and Nano - and left their first customers - Bitcoiners - with useless hardware.
All so that Ledger can start supporting shitcoiners.
Since i found that out, i neither buy nor recommend Ledger: all companies who treat particularly their few first customers this way, should not be able to get away with that undamaged.