The coin actually is not stored in the hardware.
It still needs to use the app on windows. The hardware serves as the identity confirmation only??
Bitcoin and other Cryptocurrencies v2
Bitcoin and other Cryptocurrencies v2
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May 16 2017, 09:37 PM
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#121
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All Stars
15,192 posts Joined: Oct 2004 |
The coin actually is not stored in the hardware.
It still needs to use the app on windows. The hardware serves as the identity confirmation only?? |
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May 17 2017, 09:54 AM
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#122
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All Stars
15,192 posts Joined: Oct 2004 |
ETH LTC down like XXX
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May 17 2017, 11:23 AM
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#123
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All Stars
15,192 posts Joined: Oct 2004 |
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May 17 2017, 05:26 PM
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#124
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All Stars
15,192 posts Joined: Oct 2004 |
Siacoin..。haha
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May 17 2017, 05:31 PM
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#125
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All Stars
15,192 posts Joined: Oct 2004 |
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May 18 2017, 02:58 PM
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#126
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All Stars
15,192 posts Joined: Oct 2004 |
Hi Sifu of Ledger 2,
Can I install multiple ledger nano S on different computers and use the hardware to access the account? If the wallet rosak, how to recover the bitcoin address ah? |
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May 18 2017, 03:19 PM
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#127
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(KyleBear @ May 18 2017, 03:01 PM) You can install the app on as many devices as u want as long as it has chrome I believe. Wallet spoil then use the recovery key you have in the beginning of the setup to recover. Always have backup of backups of the key. It's 20+ series of words QUOTE(wengherng @ May 18 2017, 03:10 PM) The Ledger Nano S does not recognise any particular computer. As long as the computer has the Chrome app installed, it can access the hardware wallet and retrieve the information (sort of like any computer can access the information on a USB memory stick). If the wallet is broken for whatever reason, get a new wallet and initiate the recovery process using the 24-word recovery phrase. The same 24-word recovery phase will then grant you access back to all your various coins stored on that Ledger Nano S. Make sure you write down these 24 words and store them in a VERY safe and secure location. If they're lost, then your coins are lost. QUOTE(kmarc @ May 18 2017, 03:16 PM) Hurray, I'm not alone! Thank you Sifus..Yes, you can use hardware wallet on any computer. Even those with rat-infested viral-infected ones! The most important thing about hardware wallets is the recovery keys. If you lose the ledger, buy a new one and recover your accounts using the keys. However, if you lose the key, or if somebody obtain the keys, it is game over. You'll lose all your coins. There's another safety feature of hardware wallet where you can scramble the recovery keys by using a pass phrase. Haven't tried that yet though. Keep your recovery keys safe and secure!!! Edit : oh, wengherng beat me to it So the Chrome Ledger Apps has its Bitcoin/ETH addresses and all the time are same? I written down the key on the card, and also write in Phase-Apps... I feel not comfortable to send all my coins to this wallet rather than to keep in Polo. |
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May 18 2017, 04:02 PM
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#128
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All Stars
15,192 posts Joined: Oct 2004 |
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May 18 2017, 06:08 PM
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#129
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(kmarc @ May 18 2017, 06:05 PM) Errrmmm.... I actually not comfortable sending coins to the hardware wallet too. There's a few things I need to do before I fee safe: I just did all the processes, passphrase and the 24 recovery words.1) Hardware wallet and recovery seed - Must not be in the same physical location. If kept in the same location and something happens, like the physical location got burnt down, then bye bye coins as you lost the recovery seed. - Cannot simply keep recovery seed anywhere you want. Why? Because somebody with the 24-word recovery seed can just get a hardware wallet, use the seed, and empty the wallet! 2) Need to enable passphrase - I need to look into this but it looks like the setup is simple - With a passphrase, even if somebody got access to you 24-word recovery seed, they still won't see the hidden wallet inside - Without a passphrse, if somebody got hold of your recovery seed, then bye bye coins. I'm actually afraid to active the passphrase as I have my coins in Trezor. I'm afraid I cannot access it when I activate it but it looks simple and safe enough. Have you tried to use the passphrase? Trezor setup looks simple. Ledger looks a bit complicated. I am keeping the card + password software as I believe no one knows what is that if I didn't write the title. |
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May 18 2017, 06:12 PM
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#130
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(kmarc @ May 18 2017, 06:11 PM) Yeah, the card provided by ledger doesn't have any identifier. Trezor provided a card to write down the recovery seed with a big "TREZOR" in front! Do you know what is the difference between PIN and Passphrase?The problem is I didn't set the passphrase in the beginning. Need to find more info before I do it. |
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May 18 2017, 06:17 PM
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#131
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All Stars
15,192 posts Joined: Oct 2004 |
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May 19 2017, 06:56 AM
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#132
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All Stars
15,192 posts Joined: Oct 2004 |
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May 19 2017, 07:03 AM
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#133
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All Stars
15,192 posts Joined: Oct 2004 |
QUOTE(kmarc @ May 19 2017, 07:00 AM) Morning guys! Those are margin trade.Eagerly awaiting support for XRP on ledger which is coming today. I guess it will be tonight Europe time? Hmmm.... what should I trade today? Some good news : http://www.livebitcoinnews.com/now-can-tra...-forex-brokers/ BTW, how many coins Ledger Nano S can support? |
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May 19 2017, 09:53 AM
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#134
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All Stars
15,192 posts Joined: Oct 2004 |
Any miner here? Thinking to earn some $ by mining too besides I am trading and selling coins..
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May 19 2017, 10:19 AM
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#135
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All Stars
15,192 posts Joined: Oct 2004 |
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May 19 2017, 10:27 AM
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#136
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All Stars
15,192 posts Joined: Oct 2004 |
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May 19 2017, 10:31 AM
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#137
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All Stars
15,192 posts Joined: Oct 2004 |
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May 19 2017, 10:45 AM
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#138
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All Stars
15,192 posts Joined: Oct 2004 |
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May 19 2017, 11:14 AM
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#139
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All Stars
15,192 posts Joined: Oct 2004 |
lowya is forex expert.. Hope he can give us signals if he uses his forex technique to do technical analysis..
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May 19 2017, 11:33 AM
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#140
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15,192 posts Joined: Oct 2004 |
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