Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
62261976
Topic
5452913
Board
Trading Discussion
Re: Which wallet should a beginner choose?
by
OcTradism
on
18/05/2023, 11:06:19 UTC
Quote from: Oshosondy on May 17, 2023, 12:52:24 PM
You have to exclude Ledger because it is one of the worst wallets that you can buy right now. If you want to know why, you can read this two topics:
@theymos - Time to update the current Ledger situaion @ Important Announcements?
Ledger Recovery - Send your (encrypted) recovery phrase to 3rd parties entities
Read the second topic which is the most important and can be seen on the first topic. Ledger is becoming stupider day by day.
Are they stupid? I don't know because I don't know what is their reason to build that service and put customer coins at risk.
Bitcoin Q&A: Why is Seed Splitting a Bad Idea?
Do they build something better like Shamir Secret Sharing ?
A beginner guide to Shamir Secret Sharing
I will not buy a hardware wallet with my money and face with risk to lose my coins because the seed is shared to three entities.