Post
Topic
Board Hardware wallets
Re: Is Ledger Nano S REALLY SAFE ?? Best Hardware Wallet ?
by
rbt
on 20/01/2018, 18:27:20 UTC
Yes, very interested in nano s, waiting for reviews from users. Also, have anyone already bought a ledger blue??
I`m regularly using Ledger Nano S and I recommend it. If you have a few hundred dollars worth of coins/tokens, than it definitely worth spending $100 for one. I bought it from the producer, but you can buy it from the reseller as long you initialize the device. NEVER use a Ledger already initialized because you`ll loose your funds!

...What if the manufacturer only provides a certain range of words to generate a weak private key, which can be gained by exhaustive attack method? After all, you can only comply with the seed words it provides.
In theory I guess everything is possible, but I don`t think we should worry about. Ledger is on the market for some time and their codes were checked and deeply analyzed, they probably offered a bug bounty too in order to incentivize people (I don`t know for sure, but I see almost everybody does this nowadays).