Quote from: jerry0 on Today at 07:39:45 PM

I want to keep btc in nano ledger s plus because I kept it there for a while and feel having it there is safe.

Prove the firmware on your device has no key extraction code.

You can't.

And the fact that you think it doesn't since it's from before Ledger Recover was announced shows that you don't have enough understanding of the situation to make an informed decision.

It is very likely Ledger already had some of the code required for Recover in their firmware long before Recover was announced. They had to have been working on it for at least a year. Probably much longer. And they lied to their users and their customers so many times about so many things, yet you trust them? That's crazy.

Quote from: jerry0 on Today at 07:39:45 PM

Then when the recover news came out, I heard about it and many people didn't update firmware and decided to wait to see what happens.

Think about how stupid what you just said is.

Ledger announced key extraction firmware, which they put on users devices without the user's consent, and many people decided to wait and see what happens. They're going to wait until something goes wrong, at which point it will be too late.

That is shockingly stupid.

Shockingly.

Quote from: jerry0 on Today at 07:39:45 PM

So for me, I have not done any transactions since around that time. At the time, I remember using firmware 1.1.0. When the firmware with recover came out, it is 1.1.1.

Prove the firmware on your device has no key extraction code.

You can't.

And the fact that you think it doesn't since it's from before Ledger Recover was announced shows that you don't have enough understanding of the situation to make an informed decision.

It is very likely Ledger already had some of the code required for Recover in their firmware long before Recover was announced. They had to have been working on it for at least a year. Probably much longer. And they lied to their users and their customers so many times about so many things, yet you trust them? That's crazy.

Is there an echo in here?

Quote from: jerry0 on Today at 07:39:45 PM

So normally even if you don't update new firmware for a short while, it isn't a big issue at all.

If you're treating firmware to secure your Bitcoin the way you treat firmware to update your phone, you really shouldn't be doing self custody.

Quote from: jerry0 on Today at 07:39:45 PM

The thing is when another firmware update came at 1.1.2, my concern was if I continue to not update the firmware, my nano ledger s plus might have an issue where you might not be able to update the firmware anymore if it's too old. However, you say that probably wouldn't be a concern for now right?

WRONG.

Prove the firmware on your device has no key extraction code.

You can't.

And the fact that you think it doesn't since it's from before Ledger Recover was announced shows that you don't have enough understanding of the situation to make an informed decision.

It is very likely Ledger already had some of the code required for Recover in their firmware long before Recover was announced. They had to have been working on it for at least a year. Probably much longer. And they lied to their users and their customers so many times about so many things, yet you trust them? That's crazy.

Is there an echo in here?

Quote from: jerry0 on Today at 07:39:45 PM

You believe the chance of a disaster happening is like how much percent then?

Are you honestly asking that?

If the chance isn't zero, you are screwing up. The entire point of buying a hardware wallet is to secure your Bitcoin with a device that is never connected to the internet. YOUR device may have key extraction code with the capability to send your keys out of your device, over the internet, to Ledger and other companies. And you're trying to talk yourself into updating the firmware to a version that absolutely does have key extr...

...oh, good grief.

You should not be doing self custody. Self custody is beyond your understanding and it is beyond your ability to do safely.

Quote from: jerry0 on Today at 07:39:45 PM

Do you believe if something happens, it would be due to something that ledger does or by hackers?

Does it matter? Stolen coins are stolen.

Quote from: jerry0 on Today at 07:39:45 PM

I read that even if something was to happen, don't you still need to sign the transaction?

You should not be doing self custody. Self custody is beyond your understanding and it is beyond your ability to do safely.

In theory, you're supposed to have to click buttons on the device to confirm a transaction. Please, dear god, please tell me you understand that Ledger's firmware isn't open, so you can't prove the device can't send out your coins or keys without confirmation by you.

The firmware isn't open. If it gets hacked someday, the hackers aren't going to be, like "Hello Jerry! How are you today? We'd like you to allow us to steal your coins. Please press a button on your Ledger to give us your Bitcoin."

You understand, that's not how it would happen, right?

Wow.

Quote from: jerry0 on Today at 07:39:45 PM

For some reason, I think a really high percentage of ledger users that still use ledger

If that's what you want to do, then do it, and accept the consequences of your decision if anything goes wrong. You're an adult.

You should not be doing self custody. Self custody is beyond your understanding and it is beyond your ability to do safely.