Can it be compromised?

Can it be compromised?

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Technically no

Technically yes

No

Technically maybe I don't know.

Closed source garbage.

depends. Their database was hacked and had their official mail compromised. Anyone who ever bought a ledger got a mail about "official software update" which was a key logger and users got scammed for few or tens of mil. There also was a thread about guy who received a compromised ledger on the way of delivery.

You should be good if you buy it, check the package if it was never opened the way of delivery, send coins to your ledger and never fuck with it until you decide to send it out.

yes but i dont know how

They lure you to install bad firmware and then its curtains for wolf of cryptostreet.

I don't know.

yes it can

It’s weird that only in crypto can someone say casually ”oh well We lost a few mil from our customers xD sorry not sorry”. If this happend with anything related to cash the companies would be begging for frogiveness and give money back.


This is how you know crypto is a dead and shit market. What a Joke.

Can you technically repeat the question?

You're technically not the boss of me now.

this is how you know crypto is a truly free market* and not controlled by jews

if you fail, you fail. that's it. no regulation nor enforcement to save you/stop you

good luck fucker

So you're telling me its ok not to take responsibility for a damage that could have been easily avoided if they actually gave a single fuck

I'm a noob and I saw someone online selling a new one (unused) in a box. How do these things work, can the seller have taken a masterkey or something to scam people?

If so - How do we trust the factory workers that produce these don't sit on the private keys and will use them in 10 years?

Yeah, they can blame users for their fuck up. Pretty pathetic. They also swept it under the rug until news caught up to this topic

>How do we trust the factory workers that produce these don't sit on the private keys and will use them in 10 years?

As you said, we trust them.
To be fair, you can use your own generated seed if you do not trust the devices seed generation.

Can you generate your own seed with a ledger?

No one is going to hold your hand in this market you emasculated little bitch. If you’re too stupid to differentiate between an authentic email and a blatant keylogging phishing scam you deserve to lose your money

This.

My biggest fear is that resellers have the seed phrase of each device they sell and can clone your wallet to anew ledger if they want. Not sure if this makes sense?

>Incompitent buisness owners that lose millions of your hard earned money
>No one is going to hold your hand
Haha nice projection, brainwashed onions boy.

Technically improbable this isn't theoretically an impossibility

Yes of course, you let it generate a seed for you.
But you can also restore it from a seed.
So you are free to generate a seed using your preferred trusted open source full entropy method and just use this seed on the ledger.

With that knowledge then it should be safe to even buy a used one, as long as it's the original?

I guess the scam happens when fake chink clones start appearing that generate not-so-random seeds.

it was sent from an official email, and it wasn't a "blatant key logger" it was actually very fucking convincing mail. But then again, how would you know if all you can do it go on random threads and call people retarded / stupid and convince us how genius you are without knowing what the subject is.

If you are certain it is the original and has not been tampered with, sure.
However, how could you confirm that. Would be trivial to replace the chip with your own that looks like the original but generates not-so-random seeds. I'd strongly suggest buying new and only from the manufacturer. It's a low cost device, not worth the uncertainity.

You click shady links, you download shady software, you are going to lose money.

> buying a used ledger
you have got to be kidding me