Post
Topic
Board Hardware wallets
Re: Ledger Nano X Firmware 2.2.3 Is it secure to update?
by
sukbir
on 08/03/2024, 11:17:59 UTC
Thank you for quick reply. I will buy another HD wallet.

Ledger is no longer a safe hardware wallet ever since they implemented a cloud storage for keys and seed phrase. The idea of hard ware wallet was to store your keys offline without a third party involved, and a cloud storage goes totally against that by storing your keys online.

How many of you update latest Ledger Nano X firmware ver. 2.2.3 ? I have been reading lots of negative comment about 2.2.3 firmware. I heard that new firmware allows to export private key. Is it safe to update now?

What is safe right now is to move your coins from that ledger to a safely air gapped device with an open source wallet like Electrum. Or get a better hard ware wallet like Trezor.

Don't forget to keep your keys safe