Re: Hardware wallet vs software wallet for daily transaction
I remember using their Coin Control feature early last year too, so it has been there for a while already. But to me, not being able to sign a message is a shame and not being able to label addresses makes Coin Control useless. When you have 30+ different addresses on the Coin Control list, it becomes annoying and very easy to mess up.
I don't think that coin control is useless because you can't label the address. You can control that in an excel sheet, for example, if you are confused about all your addresses. I am not confused about my addresses and I don't label them.
Had they added possibility of running a full node or your own server in combination with Ledger Live, next to features such as message signing and address labels, I could confirm and say it has every basic Bitcoin wallets functionalities. But with these features missing, no thank you.
The upside to Electrum of course is that you can point it at your own server (or a specific server ran by someone you trust).
They added this possibility in "Experimental Features", I just found it out while exploring my software!
https://support.ledger.com/hc/en-us/articles/360017551659-Setting-up-your-Bitcoin-full-node?docs=true
Quote
To connect your Bitcoin full node to Ledger Live:
In Ledger Live, go to Settings > Experimental features tab.
Scroll down to find the Connect Bitcoin full node option and click on Connect.
Click on Continue once your full node is set up and fully synchronized.
In Ledger Live, go to Settings > Experimental features tab.
Scroll down to find the Connect Bitcoin full node option and click on Connect.
Click on Continue once your full node is set up and fully synchronized.
