Post
Topic
Board Hardware wallets
Re: My Trezor is broken!
by
o_e_l_e_o
on 07/11/2020, 09:55:12 UTC
Based on this quick and hardly thorough test, it would seem to suggest that the U2F is not cross-compatible between different brands of device, even with the same seed. Undecided
Thanks for doing that. It does raise the question of "Why are they different?" Obviously the same seed on a Trezor or on a Ledger will restore the same bitcoin or altcoin wallets, and U2F is an open source industry standard, so there is no reason that they shouldn't be cross-compatible. Are they using different versions of U2F maybe?

It does highlight the risky situation you leave yourself in if you use a hardware wallet as 2FA, though. If the manufacturer of the hardware wallet disappears or goes bankrupt, then you have no way of obtaining a replacement device and could potentially lose access to the protected accounts indefinitely. Based on this, I would not recommend using a hardware wallet as 2FA unless you have a second identical make and model in your possession as a back up.