EEVblog

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EEVblog

EEVblog

Күн бұрын

A review and teardown of the Ledger Nano S crypto currency hardware wallet. Installation, setup, and transferring bitcoin cash, ethereum, and ripple.
And a comparison with the Trezor, which one is better?
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Пікірлер: 299
@EEVblog
@EEVblog 6 жыл бұрын
UPDATE: I was contacted by a board member of the Bitcoin Cash Fund and they wanted to clarify this issue I had with the fees, so mostly full email here. I used BTCmarket.net BTW. "I'm a board member of the Bitcoin Cash Fund, a charity we created to help Bitcoin Cash adoption worldwide. We, the board members, and the sponsors, are some of the biggest name in the Bitcoin ecosystem. I have been involved with Bitcoin since December 2009 and have been mining ever since. I would like to take the opportunity to clarify the bitcoin cash fees you said that you paid on your latest video (review of Ledger nano S). I don't know which wallet you used to send yourself some BCH but there is no limitation to how small your transaction can be on the network. Also, in your video you states the fees where .001 BCH, or about 3.43$. Fees on Bitcoin Cash are usually in the order of a fraction of a cents. There is absolutely no reason to pay such an absurd high fee, low fees are the point of Bitcoin Cash after all. I took the liberty to check your transaction and it was literally the highest fee for a transaction in more than 7 days. I'm sorry you had such a bad user experience, if you let me know which wallet you used to make your transactions, I will contact the maker of the wallet so they correct their software."
@skeetorkiftwon
@skeetorkiftwon 6 жыл бұрын
EEVblog Yet there you were, paying fees. When are you going to elucidate the feasibility of bootstrapping solar cell production so we can get off fossil fuels?
@EEVblog
@EEVblog 6 жыл бұрын
skeetorkiftwon I've done many videos on solar energy, what more do you want?
@skeetorkiftwon
@skeetorkiftwon 6 жыл бұрын
EEVblog The proof that solar panels cannot manufacture themselves with even phes as the energy storage at the factory. That they are a derivative of fossil fuels and nothing more. That no solar panel can be, or will ever be, the product of solar power. That whenever one includes all of the necessary and sufficient material acquisition and refinement of the materials, the eroei is in fact negative downstream of the initial energy needed to manufacture them. My entire generation is heading into the myth that green tech will supplant the energy supply of fossil fuels, but there is no evidence that this is feasible even using much more efficient storage than Musk's bullshit battery tech. What EE can honestly say there is a future in tech when we are already observing declining returns in, and yet the sourcing of, fossil fuels that return a fraction of previously sourced fuels without a working bootstrapped solar powered facility? The gen pop is going to lose its collective mind when it is forced to endure a lower quality of life and it has been fed nothing but fantasy green tech future. If solar eroei is greater than unity, then the facility can grow production indefinitely creating exponential growth. Where is the solar powered factory that makes solar panels?
@alexanderhiller883
@alexanderhiller883 6 жыл бұрын
skeetorkiftwon, correct me if I'm reading your comment wrong, but are you stating that a solar panel over its entire lifetime would not produce enough power to "pay" for its construction?
@meepk633
@meepk633 6 жыл бұрын
Maybe he hasn't addressed that because it's based on bad assumptions. 1) Factories have different power-density needs than other applications. 2) The idea that a solar panel will never generate enough more energy than that used for its production is simply not accurate. It's just not. Don't. 3) Mixed production to offset use of fossil fuels would create immediate drops in carbon emission, especially in decentralized systems. So, your made-up gauntlet of "solar powered solar factories" doesn't represent reality. It represents an argument against switching to solar completely and immediately. Good thing zero people are arguing for that.
@mikeselectricstuff
@mikeselectricstuff 6 жыл бұрын
OLEDs need about 12v, hence boost converter
@sugarbooty
@sugarbooty 6 жыл бұрын
I have one that runs off 5v for Arduino
@WillowFox
@WillowFox 6 жыл бұрын
I think it has more to do with the constant voltage regulation for the secure crypto processor than the tiny OLED, that looks like a very low voltage display, the Trezor looks twice as large but did not need one... not sure.
@AdamCchannel
@AdamCchannel 6 жыл бұрын
Even the small OLEDs need 12V. Some have a boost converter on the flat-flex
@markg735
@markg735 6 жыл бұрын
I remember reading that some proper random number generators (not thermal noise amplifiers) require ~12V.
@mikeselectricstuff
@mikeselectricstuff 6 жыл бұрын
Surely at the very least you need tamper evident-casing to ensure someone hasn't installed a hardware logger or swapped out the whole PCB.
@KarolMurawski
@KarolMurawski 6 жыл бұрын
How about swapping the whole hardware wallet? It would be equal to swapping the PCB, right? But you would notice that during your first transaction, because the unit wouldn't be working as expected. On the other hand, installing a key logger to get your PIN and then stealing the hardware wallet might be a vulnerability.
@EEVblog
@EEVblog 6 жыл бұрын
In theory it's possible, I always recommend buying from an authorised source. Tamper evident stickers aren't enough though. If someone is wants to hack hardware and software like that then they have the means to fake the stickers too. What's really needed in that case is a barcode you can verify on the official website
@EEVblog
@EEVblog 6 жыл бұрын
Karol Murawski It's easier to just steal your seed card!
@KarolMurawski
@KarolMurawski 6 жыл бұрын
I wasn't even thinking of purchasing a tampered device. Let's assume I buy from an authorized source. Is there any vulnerability? Why would I need to secure the chassis? With that secure chip, the only option would be to protect from a key logger and than stealing a device. Unlikely, but not impossible. A coworker or a family member could have access to a device and do such a thing. But then they could probably steal the seed card as well. So in my opinion, not protecting the chassis is not a vulnerability.
@EEVblog
@EEVblog 6 жыл бұрын
Oh, saw you meant tamper evident *casing*. Yes, silly to just have the lid pop off. Also, many people actually mark their device in a unique way to make sure it hasn't been swapped.
@bruhdabones
@bruhdabones 6 жыл бұрын
7:28: “Smart phones are horribly unsecue!” - nice speeling Dave
@djstorre1
@djstorre1 3 жыл бұрын
Thanks for the review. Im happy with my Trezor even more now.
@LAG09
@LAG09 6 жыл бұрын
Hang on a minute... The security chip is using versions of *DES* in 2017??!! People figured out that DES wasn't secure enough to be trusted in the late 90s and created the multi-key versions of it as a stopgap before AES was standardized. Today you may as well just use plaintext instead of DES-based encryption. Also not impressed with the use of 128 and 192 bit AES, thou that's more of a near future concern than something as alarming as using DES-based encryption in 2017.
@aurorahauntedhobbies968
@aurorahauntedhobbies968 4 жыл бұрын
I would love for you to do an update on your crypto. Not your holdings, of course, but your thoughts on the state of the scene as well as any updates on hardware you think relevant. Granted, maybe the lack of an update says it all. Nothing new enough to be cool enough to talk about :D Have a good day, Dave!
@AZOffRoadster
@AZOffRoadster 6 жыл бұрын
As I understand it, Google recently announced that they will be discontinuing the support of Chrome apps. Back to supporting 3 different platforms.
@WillowFox
@WillowFox 6 жыл бұрын
I feel like they should have put a couple hardware suicide triggers in there, most ATM keypads have a few hardware kills, if you open an ATM keypad, or even an EFT pad, they will wipe the memory and if you dig too deep and break a physical run in the potting or glass run, it's over. Also some have suicide capacitors that are always powered up, and when a tamper is triggered it will brute force send two redundancy capacitors directly to the core and kill it by intentionally overpowering the core by 1,200%. They also lose volatile memory, pretty much resetting to factory if light tamper is detected, so by the time the brain is fried, it's already been reset to factory, then wiped to nothing, then finally fried with a few hundred times it's maximum operating voltage.
@PrawnCocktailBro
@PrawnCocktailBro 6 жыл бұрын
Hey Dave, just wanted to say, thank you for the videos, and not having a breakdown from some of the comments.
@dorin.dumitru
@dorin.dumitru Ай бұрын
you should know that Trezor's pin was hacked some time ago. But I haven't heard of a ledger being hacked yet.
@MrHighvolt
@MrHighvolt 6 жыл бұрын
problem with the Nano is that it has a very limited amount of memory for the apps. (only about 5 apps are supported at the same time) So you need to uninstall / install apps if you have a lot of different coins.
@EEVblog
@EEVblog 6 жыл бұрын
Really? Didn't know that. That completely sucks if so!
@MrHighvolt
@MrHighvolt 6 жыл бұрын
It's not really a dealbreaker, but its a stupid design decision for a wallet that claims to support the most alt coins. it just takes 10s more to open the manager, uninstall an app, reinstall an app.
@tomassjostrom6434
@tomassjostrom6434 6 жыл бұрын
One of the things one would learn the hard way. Not really advertised on the site for the ledger S. I purchased the Ledger S as it supports many Alt coins, but was disappointed when I had to choose 4 or 5 of them. Nice to have all coins in one place, but it seems to have many issues. I have noticed issues with some USB cables as well. I need to use specific cables for the Ledger to be found.
@aiyafaas4450
@aiyafaas4450 4 жыл бұрын
Hi, MrHighvolt you are right ... I also have faced many issues with ledger but now I found another amazing hardware wallet which is walahala hardware wallet.. in this hardware wallet we don't need to install different apps for different coins. Check their website: walahala.com/ and also try a demo account: walahala.com/downloadDemoWallet
@aiyafaas4450
@aiyafaas4450 4 жыл бұрын
​@@tomassjostrom6434 Hi buddy then try walahala hardware wallet ... we don't need any USB cables for walahala hardware wallet.. and also it is a secure wallet... I have been using this wallet for sometimes and no issues found. Check their website: walahala.com/ and also try a demo account: walahala.com/downloadDemoWallet
@-Xaverius
@-Xaverius 6 жыл бұрын
It's a shame ledger choose for by security by obscurity as the problem with it is that there's always someone smarter than yourself. And there and also as you've said the it isn't potted, ultrasonically welded.
@namekuji9014
@namekuji9014 6 жыл бұрын
Highly recommend Keepkey. Bigger display and same randomized pin input like the Trezor.
@00Skyfox
@00Skyfox 6 жыл бұрын
Since you can build your own Trezor, you should make a video where you actually do that with perf board or something, just to see how easy or difficult it is.
@Seegalgalguntijak
@Seegalgalguntijak 6 жыл бұрын
So the crypto chip is secured by security through obscurity? That is never a good method to secure something...
@StuartJ
@StuartJ 6 жыл бұрын
Ledger works great with the Ethereum wallet. No need to use the basic software provided by Ledger. Factoms new wallet supports it too. The idea is, you use it with whatever the defacto wallet is for each coin.
@Brenna_stubbs
@Brenna_stubbs 6 жыл бұрын
I would recommend two step Authentication for any software wallet
@caddyguy5369
@caddyguy5369 6 жыл бұрын
My tinfoil hat isn't for keeping things out. It's for keeping my thoughts in.....;-)
@JohnNorrbin
@JohnNorrbin 6 жыл бұрын
Dave, chrome apps are dead btw, so you will see apps for different OS either way :)
@pifou28
@pifou28 6 жыл бұрын
Trezor pin panel has not the zero "0" , it means it reduce the number of possible combinations ....
@blindox
@blindox 6 жыл бұрын
Really nice video, thanks ! The unique sad part is that delay to talk about Bitcoin (cryptocurrencies), wallets etc.
@TKomoski
@TKomoski 6 жыл бұрын
*To you and your family, Happy Holidays & Best Wishes for the New Year.* CHEERS 73
@meteor8076
@meteor8076 6 жыл бұрын
crypto crypto crypto of course Dave you want to be in the hype too ;-)
@daveb5041
@daveb5041 6 жыл бұрын
Bitcoin is ONLY 33$ to send any amount. So you can't just move your bitcoins around like you could a month ago.
@ianhasnochannel
@ianhasnochannel 6 жыл бұрын
I would've liked to have seen a comparison with the physical security features of the EFTPOS pin pad teardown from a few years ago.
@RenThraysk
@RenThraysk 6 жыл бұрын
Why do all security tokens, wallets look naff. Was looking at U2F keys, and all seem little bits of plastic. Someone should try to replace the USB drive in a Victorinox Slim Alox USB with a U2FZero
@exequiel21
@exequiel21 6 жыл бұрын
Thanks for the amazing review!! suddenly felt like watching Llamas with hats...
@michaelashe5265
@michaelashe5265 6 жыл бұрын
Great review. That thing looks like a hassle. I wish the Trezor supported Ripple and other coins.
@chaos.corner
@chaos.corner 6 жыл бұрын
Your BCH send may have failed if you were using the BTC app (on the device itself) to send since it signs the transaction slightly differently. You have to install the Bitcoin Cash app and use that. (They both can be used interchangeably to view wallets). There are some UI issues to be addressed there.
@gianluca.g
@gianluca.g 5 жыл бұрын
displaying the full address on the LCD doesn't mean anything!!!!! You have to trust the HW as a whole anyway because a malicious firmware may instruct the LCD to display the "correct" address and then send the funds to another one... the LCD itself doesn't constitute proof of a correct address. The partial address is well enough to spot errors originating from the legit user. That's a basic software security principle
@lesto12321
@lesto12321 6 жыл бұрын
@eevblog 1. ledger may have the best crypto chip, but you can get it open and there is a plenty of space to make a chip between the main board and the screen, de facto creating a extreamly easy "hardware Man in the Middle ". There, anyone with physical access for less than a couple of minute to your wallet can screw you up your experience, or even worse if well organzed 2. you choose the transaction to pay for everything 3. please cite a source about the story of BTC would continusly split if faster, never heard of that
@paolodimasi9332
@paolodimasi9332 6 жыл бұрын
Merry Christmas and happy new year.
@Kvandy15
@Kvandy15 6 жыл бұрын
Thanks for another great video. You should try adding more wallets on the Ledger. You'll find that you are already at or near the limit. I had the same wallets installed as you did and was unable to add a Litecoin wallet. Not enough room on device.
@johnfrancisdoe1563
@johnfrancisdoe1563 6 жыл бұрын
Without a factory seal there is no way to know if someone replaced the innards with a fake circuit or firmware that doesn't use the secure element, only pretends. Or they could add a keylogging circuit. Decades ago, the KGB did this to typewriters being shipped to the US embassy, it's a real attack.
@RemcoStoutjesdijk
@RemcoStoutjesdijk 6 жыл бұрын
I wonder where the pin code is stored. If on the STM32, it's a fail.
@EEVblog2
@EEVblog2 6 жыл бұрын
Remco Stoutjesdijk The PIN code is useless without the seed
@RemcoStoutjesdijk
@RemcoStoutjesdijk 6 жыл бұрын
Really? When I hold your device in my hands and I extract the pin code, then I can use the device just like you.
@RemcoStoutjesdijk
@RemcoStoutjesdijk 6 жыл бұрын
Have to assume it's stored hashed and salted, though.
@johnfrancisdoe1563
@johnfrancisdoe1563 6 жыл бұрын
Remco Stoutjesdijk A pin code has so few valid values, once you have any kind of checksum or hash, brute force trying all possible values is trivial.
@MushFarmer
@MushFarmer 6 жыл бұрын
Get a magnetic micro usb connecting cable so you don't wear out the port.
@raymondestevao5923
@raymondestevao5923 6 жыл бұрын
Chrome web extension is deprecated - google is dropping support for them
@hensum7221
@hensum7221 6 жыл бұрын
I love your clear and easy to follow explanation. One quick question though. Can the hardware wallet support new coins that come out in the future or do you have to buy a new hardware wallet for coins that aren't here today? (assuming that the company implement the support for the new coins)
@redtails
@redtails 6 жыл бұрын
I don't see the advantage of this usb stick? Is it used for the login process to their app, and that's it?
@1michael1963
@1michael1963 6 жыл бұрын
what a nightmare, if kyc documents were included on your coins ,would it stop them from being stolen, or make them trackable,,
@CookingWithCows
@CookingWithCows 6 жыл бұрын
Why does the thing cost about 50% more on amazon that you linked through the kit . com website compared to the ledger website? (70.18 € on ledgerwallet website compared to 120€ on amazon)
@FKINGLAG0
@FKINGLAG0 6 жыл бұрын
Hey, thanks for doing the videos about cryptocoins! I'm very happy to watch and see you do these. Please, do one for Gridcoin because you already do work for BOINC. I would be more than glad to give you Gridcoins, too. People shouldn't have to buy this stuff, meanwhile I would be more than happy to buy a Gridcoin Trezor hardware wallet. I should make one.
@dvsmotions
@dvsmotions 6 жыл бұрын
Paper wallets are much safer and better than software or hardware wallets. Having to keep a 24 word card is basically using a paper wallet with blinky lights.
@HighFidelityFox
@HighFidelityFox 6 жыл бұрын
I like how the Ledger looks. I actually got my Dad the Gold Litecoin Edition for Christmas. Only with cryptocurrency can a 14 year make over 20 grand lol
@paulhoward4161
@paulhoward4161 6 жыл бұрын
Well, there are actually lots of ways a 14 year old can make over 20k (something, baht? rand?). Lol.
@HighFidelityFox
@HighFidelityFox 6 жыл бұрын
Paul Howard lol well I could always sell all my crypto and start selling drugs I guess (obviously a joke don't lecture me lol)
@mondychan
@mondychan 6 жыл бұрын
Great review,on point, just at 18:45 ledger supports larger number of altcoins,you said it the other way around,anotatate pls :)
@EEVblog2
@EEVblog2 6 жыл бұрын
Oops, youtube doesn't allow annotations any more. I said it multiple times anyway.
@mondychan
@mondychan 6 жыл бұрын
EEVblog2 ah,ok,no biggie :)
@levreg
@levreg 6 жыл бұрын
Trezor has an internal.battery. the ledger runs off tye power of the connected device. Batteries do fail it cause problems.
@kittywampusdrums4963
@kittywampusdrums4963 6 жыл бұрын
Did they fix the LedgerNano receive address hack?! I'm not buying it until they do.
@andreasgrothusheitkamp1897
@andreasgrothusheitkamp1897 6 жыл бұрын
I don´t think the Secure chip in it cost much more then a SIM-card. Even simcards have its own Secure processor, Hardware Cryptografy, Scrambled EEPROM, Uniqe ID and are seald by metal-vapor-deposition with only exclude the 6/8 bondpads. I even have found some time ago sim´s on Amazon, in SOP-8 package. C007G11 Logo is Philips and they work like normal SIM´s in a reader. But i have no idea whats inside...
@reivanen
@reivanen 6 жыл бұрын
Unnecessary to advice to buy only from manufacturer, Ledger wallet is only one that uses cryptographic proof to verify the integrity of the firmware. So you can freely use any ledger wallet, the software will alert you if the firmware is not official. It has nothing to do with an unique ID as you stated. edit: you can see the address you send to if you click the icon.
@GRBtutorials
@GRBtutorials 6 жыл бұрын
I'm thinking of making my own version of the Trezor, with anodized aluminium case (Apple style), and a physical keypad.
@wargamingrefugee9065
@wargamingrefugee9065 6 жыл бұрын
My favorite part of the video: @26:11 he has taken that irritating, flip-y, spin-y piece of metal off. We've had widely used, mainstream, pocket-able electronics for well over a decade. Why do manufacturers still insist upon having movable parts which don't close and then stay ABSOLUTELY secure?!? Also, why in the hell do they still insist upon using caps which vanish faster than half of a pair of socks? And finally, if somebody is making a product which will go into somebody's pants pocket, for the love of God please make certain all of the edges and corners have large NON POKE-Y radii.
@medotaku9360
@medotaku9360 6 жыл бұрын
The coins aren't actually being stored *on* these hardware wallets, right? The wallets only hold the private keys. The coins are all stored on-chain.
@yagoa
@yagoa 5 жыл бұрын
Please except IOTAs, if you have time to look into the nonprofit IOTA Foundation in Germany, you would love it I'm sure!
@Neocharm
@Neocharm 6 жыл бұрын
Be careful with the Ledger Nano S. Ledger does not hold itself responsible for any crypto currency lost by bad tested software updates. It started with a bad LTC Segwit update in August 2017. Even sending a new Ledger nano S did not return the LTC balance but in the end the loss of the LTC was never addressed.
@aiyafaas4450
@aiyafaas4450 4 жыл бұрын
Hi Neocham, you are absolutely right I have also lost my LTC... then I found another secure wallet and it is very easy to use that is walahala hardware wallet .in this wallet I do not need to install different apps for different coins and now I have no fear of losing my coins. check their website:walahala.com/ and also try a demo account: walahala.com/downloadDemoWallet
@raymond6522
@raymond6522 6 жыл бұрын
Where's the battery to power the display though?
@fantuznet
@fantuznet 6 жыл бұрын
Another great video Dave! And riding the Bitcoin wave :) My brother owns a Ledger, I forwarded him this video which I find "atypical" amongst your series ! Like this anyway ! Ciao from Switzerland ! HB3YOE Max
@GadgetReviewVideos
@GadgetReviewVideos 6 жыл бұрын
Just one question, do they glue or pod the chip on your credit card, or your SIM card on the cell phone? I’ve never seen this, why because the chip it’s self has been secure enough with proper and proprietary protection to meet regulations. So what would glueing a polycarbonate/abs mix plastic case do for protection. Nothing, just like you proved with the last one a Dremel opened it up. It didn’t even have a switch to deny a kill and wipe command to the chip holding your key once it was opened. And that was stored on a chip that it could have been extracted from if it was acid died, and frozen and other hardware hacking techniques. So in my opinion the glueing would only increase the cost of manufacturing and harder to replace the battery or OLED if it was cracked. The only benefit of gluing it might be water resistance, but nothing with security. But this level of water resistance could have also been achieved by a conformal coating as well. Yes, the best security is the one you do not have physical access to, but if you loose this it’s more secure then the other one you did before this. Best bet, don’t loose it.
@lesliefranklin1870
@lesliefranklin1870 6 жыл бұрын
Now I'm conflicted. Should I waste my money on "Solar Road" or "Crypto Currency"?
@x86cowboy
@x86cowboy 6 жыл бұрын
You should review a KeepKey hardware wallet next!
@jerrydavis7130
@jerrydavis7130 5 жыл бұрын
I tried to setup my Ledger nano S recently and it went as described till after going through twenty four recovery words and marking them down. After that I expected to confirm all twenty four words, but after second word confirmed, display showed that it is "processing" and then "your device is now ready". I expected all twenty four words have to be confirmed. Is it normal, or is there a technical issue? I tried to set it up as new device second time, but same happened again. Thanks for your help.
@WixTheQwix
@WixTheQwix 6 жыл бұрын
Trezor already had a hack via malware on your pc!! They did patch the firmware fix relatively fast. But I'd much rather the nano s with the separate secure chip... There is also a reason why nano s makes you enter the pin on the screen. Nano s also supports a hidden wallet. Does suck to have to swap out apps on the device. Wish they could improve that aspect. But the secure chip memory where they are stored is limited.
@WixTheQwix
@WixTheQwix 6 жыл бұрын
Oh and I totally agree with you. That they should have epoxied it. Even with their claim of being able to verify the hardware. Someone could add a mini controller that records the lcd screen when you create the phrase, and then send it some how over usb? Idk. It would be a far stretch. But where $$$$$ money is involved anything possible. Oh and I also wouldnt even order mine from Amazon. Direct OEM only.. oh and last thing. I heard that IBM and ledger are teaming up to possibly add their secure chip tech to PC motherboards... I know enterprise PCs already can have TPM chips. Dont know the end game there.
@EEVblog2
@EEVblog2 6 жыл бұрын
In theory such a hardware mod is possible to export the seed keys to the USB, but you'd have to have matching malware in the PC active.
@BenBilesBB-box
@BenBilesBB-box 3 жыл бұрын
warning newby question alert ! Can I clone one of these digital wallets so there is a backup ? I'm assuming if there's a fire in my house I lose all the bit coin? would like to buy some but not really sure how I make a backup of the wallet without printing a price of paper with the codes. then that's the same as leaving a bundle of cash on the kitchen table ? I could also be struck by lightning but just trying to figure out how to have a backup.
@andrewvader1955
@andrewvader1955 6 жыл бұрын
Let me know how the model T turns out. I'll be picking within the next year which hard wallet to put coins into
@Flavius-Tech
@Flavius-Tech 5 жыл бұрын
I heard they use 2 chips for securing device, 1 will store only private key and the other one will secure device itself like display and button controls and firmware. Is true you can hack second chip to trick display to show another public addresses when you sign transactions?
@CookingWithCows
@CookingWithCows 6 жыл бұрын
if I have my coin in a hardware wallet, will I be able to profit from the splits? Like I had btc in a blockchain wallet and they automatically gave me the same amount in bitcoin cash. Would this happen as well, if I have the coin in a hardware wallet?
@shaynomyte90
@shaynomyte90 6 жыл бұрын
Reckon the keepKey feels much more robust than these two.
@Mandragara
@Mandragara 6 жыл бұрын
You have to make sure you have all other Ledger apps closed
@Special1122
@Special1122 6 жыл бұрын
I wonder isnt it possible to listen the communication between MCU and secure chip and get keys this way?
@sourcecodephil8884
@sourcecodephil8884 6 жыл бұрын
What's actually the deal with these Chrome extensions? Since Chrome isn't the most private browser and still on your PC, I don't see any advantages over a classic desktop application for all wallets or one for each wallet. Classic programs, installed or even portable would be much more comfortable in my opinion. But I'm no specialist, maybe there's a reason they chose extensions?
@FuzzyLogicxxx
@FuzzyLogicxxx 6 жыл бұрын
Mentioning how much better the Trezor is at certain times, I at least expected the Trezor to be included in this video. "Look Ledger Nano S guys, this is how you should do it" while showing how much better the Trezor actually is. Again a mildly interesting video.
@osityan
@osityan 6 жыл бұрын
If somone steals your hardware wallet, can't they just spend all the money by using it for transactions????
@bbreeuwer4577
@bbreeuwer4577 6 жыл бұрын
I don't know. I makes sense if you have a couple of thousand bucks on these things. Otherwise....?? Wouldn't it be cheaper and also just a solution to dump some paper wallet on .pdf on a encrypted USB stick and open it only when you're offline on some kind of secured Linux system?
@reivanen
@reivanen 6 жыл бұрын
Don't you think it is better to have a solution that allows you to access your whole balance at any time with no security considerations?
@sourcecodephil8884
@sourcecodephil8884 6 жыл бұрын
Sure it's safe and cheaper. But hardware wallets allow you to spend directly and check your balance faster. I can't say if that actually does justify the price, it probably comes down to the person. For just a little crypto portfolio I think a paper wallet as image or text encrypted on at least two HDD's in safe locations is just fine. However, I wouldn't go with any USB sticks because of flash storage. It's fast but flash storage could just have a failure without any chance of data recovery while HDD data can be recovered easier and it's even better if you replace the drives after 3 years. I think it's obvious that nobody should ever rely on just one storage device while doing something like that, so I'd go with at least 2 or 3 at different locations. Some people say paper wallets are useless because anybody can use them if he or she finds it. I agree but it's just as bad if somebody steals the recovery sheet of your hardware wallet. Because of my paranoia and the comfort I might still get a hardware wallet.
@ntcarver
@ntcarver 6 жыл бұрын
Hey Dave, I had none of the issues you experienced and quite like the ledger. (maybe some combatibility issues). As others have discussed it has limited memory which is a shame. You can have 3 or 4 coin apps on it after which you have use the manager to delete and install. The keys never leave the device and it's possible to do very quickly so only a minor inconvenience. I know how much you hate fan boys so I'm not even going to go into it other than saying you could have demo'd a less controversial coin 😉
@Seegalgalguntijak
@Seegalgalguntijak 6 жыл бұрын
I'd love to buy such a thing if it came preloaded with the tousands of bitcoins that I missed buying in 2011.
@jwrm22
@jwrm22 6 жыл бұрын
There is enough room in there to fit another (malicious) PCB. That's the attack I would play on a device like this.
@osityan
@osityan 6 жыл бұрын
you think cell phones are "horribly insecure?" I would argue that they are the most secure devices we use on a day to day basis.....
@bennguyen1313
@bennguyen1313 6 жыл бұрын
There was an interesting episode of Radiolab's podcast entitled "The Ceremony" where they go about creating the super secret sauce that goes into creating a new digital currency. Reminds me of how the Fed was created (another good podcast NPR Planet episode 505). There was also a good After On episode (#17) that talks about all things crypto-currency, including how the block-chain* science can used to move a society towards a greater well being! *Distributed Autonomous Organizations to be exact.. see Ralph Merkle tree video 'Revolutionizing Democracy Using DAOs'! BTW, what do you think of those low-cost money transfer places that use crypto-currencies.. ex. Cashaa, OmiseGo, etc ?
@theoneandonlyworldruler418
@theoneandonlyworldruler418 6 жыл бұрын
hey nice video. i have a question. i read, that chrome app's will go away in some months. what you make now? just wait or store it somewhere else?
@nikize
@nikize 6 жыл бұрын
Dave if you payed that high fee for a Bitcoin Cash transaction the wallet/service that you used are broken and needs fixing of it's fee calculations.
@EEVblog
@EEVblog 6 жыл бұрын
See pinned comment above.
@bitrot42
@bitrot42 6 жыл бұрын
What happens when Ledger goes out of business? Does the 24-word recovery process still work?
@IrkoBangz
@IrkoBangz 6 жыл бұрын
"I might try to get my knife in there" Hahahha you mad man
@erimemrebaran1206
@erimemrebaran1206 6 жыл бұрын
No water resistance? Really. For what it is and how much it costs it does not make any sense. Just for a buck they could make a water resistant version.
@Seegalgalguntijak
@Seegalgalguntijak 6 жыл бұрын
Isn't the support for Chrome apps being discontinued by Google? I think I read something like that.
@laserresal2100
@laserresal2100 5 жыл бұрын
Hey great videos! Question, is there anyway to increase the storage of the ledger nano, to be able to use more then 5 apps installed at a time? Thanks
@chaugen1
@chaugen1 6 жыл бұрын
Could a hacker with your Ledger wallet just remove the secure chip and put it in their Ledger woth a different pin? Or is the Pin also stored on the secure chip?
@xenonram
@xenonram 6 жыл бұрын
Evolv DNA 40 small screen... Where's the large screen version?
@gamerpaddy
@gamerpaddy 6 жыл бұрын
lol remember when 1 btc was 3.730$ i feel old
@easydoz1
@easydoz1 6 жыл бұрын
I thought the white one was broke after you shorted it?
@josjong5522
@josjong5522 6 жыл бұрын
You know when software is crap when you have to restart to fix an issue and when you get error messages not explaining what went wrong.
@reivanen
@reivanen 6 жыл бұрын
Simply the user did not follow instructions. It says now connect the app. This means you cannot already have the app open, as he tried. All that was needed was to open the app after he tried to connect, or close the app and re-open it after he tried and it failed. No need to unplug the device.
@warpmonkey
@warpmonkey 6 жыл бұрын
Try the Ledger Blue
@lukahierl9857
@lukahierl9857 5 жыл бұрын
Its way esyer to just take a gun and gett the key from you than to desolve the IC-pakage and probe the silikon and so on.
@jacksat2252
@jacksat2252 6 жыл бұрын
Why dont you show the complete list? : )
@ilanmagen
@ilanmagen 6 жыл бұрын
Dave did you just skip the autopsy ? (chest cut)
@SoCalFreelance
@SoCalFreelance 6 жыл бұрын
Yes, physically robust like IronKey
@MushFarmer
@MushFarmer 6 жыл бұрын
I highly recommend taking a digital photo of your key words, zipping it up with 256bit encryption, and making multiple usb stick copies including on your cloud drive. Then destroy your paper records when you feel confident that the encrypted photos and their password are securely stored.
@spidereyes6290
@spidereyes6290 6 жыл бұрын
By the time you've bought your electronic wallet you won't have any money to put in the damn thing!
@VIDSTORAGE
@VIDSTORAGE 6 жыл бұрын
Too small they are and easy to lose .. I do not have one but when I do I will find a carry/storage case for mine ...
@Ben-et8wh
@Ben-et8wh 6 жыл бұрын
what is the risk of the ledger just dying or corrupting on its own? I'd hate to have a large savings on this little flimsy drive and then it just didnt boot up one day then I've just lost all my coins or is there some recovery method?
@RWoody1995
@RWoody1995 6 жыл бұрын
the coins arent stored in the wallet, it's just the private key used to access the coins.
@hakology
@hakology 6 жыл бұрын
great video! :D
@BerndFelsche
@BerndFelsche 6 жыл бұрын
What's this pin number of which you speak, Dave? ;-) BTW: Easier than trying to reverse engineer the secure PIN or passphrase is to replace the guts of the device with a custom jobbie that fakes the real one but records the interaction. The "target" returns with the faulty device and ... That's why you cannot completely trust hardware that's been out of you physical control. P.S. using a proprietary chip for security can backfire. KeyLoq. Lots of cars cracked, 100 million vulnerable.
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