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RE: Ledger Nano S - Multi-Currency Crypto Hardware Wallet

in #security8 years ago

BEWARE:
As I understand it (someone please correct me if I'm wrong), but Nano pricate keys are exposed from the go.

You would need to use an airgapped machine to make the wallet lock tight which defeats the purpose of it if you're using it for cold storage.

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I think you might be wrong

"This isolation mechanism will be available both on the Secure Element of Ledger Blue and its non secure MCU, with an Open Source implementation provided for the non secure MCU as we would like to encourage new designs to use ARM MCUs leveraging those protection mechanisms (such as the STM32L0 line from ST Microelectronics)"

"MALWARE PROOF
Even on a compromised computer, you can initialize your Nano S and confirm each transaction on the built-in display, protecting your assets against malware, theft or viruses."

Don't see what's wrong with Mycelium on your phone, record seed, delete app.

Yes it's free and I can restore anywhere in the world without having to worry about a USB stick.

Option 2 is Electrum on TAILS USB
Again, it's free!... And it's a USB stick
Plus no one is ever going to argue they can beat that option for security.

All these news toys. I suppose cashed up crypto kids have to spend it on something.

Whatever you feel safe with I guess.

yes, you are wrong. You can initialize the nano safely on any computer, even if the computer is compromised.

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