Nostr Web Client

AFAIK, the data breach at Ledger concerned their customer database and had nothing to do with their products themselves.

The beauty of Ledger (and Trezor, if I‘m not mistaken) is that you can use it to store a spectrum of crypto currencies on one device. Coldcard is only for BTC AFAIK, so it’s only partially a good alternative. What would you suggest as a true alternative to Ledger with even fewer drawbacks?

Tybbs 2y ago

you are correct with regards to the data breach, however a breach of a companies internal security reflects poorly on the security of their devices.

I will likely use ledger to store what small amounts of other coins I hold, but I am considering moving my comparatively large stack of #bitcoin to another device.

Reply to this note

Please Login to reply.

Discussion

Paul Sernine 2y ago

Admittedly, it reflects badly on overall security. On the other hand, we all know that focussing on one aspect (the product) can lead to underperformance in another (customer database). It‘s not my intent to defend them, but IMHO too many ppl mix up facts which have no causal connection.

Sounds sensible to me. I‘ve had my eye on a coldcard for some time, so maybe this is the moment to take action. And I heard they even have a promo going on currently!

It will be interesting to see what the next move of Ledger will be. My impression from the discussions on nostr today is that there will be a backlash from the OG crypto community, that alone should make Ledger think really hard about whether this was a sensible update.