Ledger Stax - what do you think ?

[void]

number of layers, i.e. the complexity of one's security model should⁣ be adequate to what one protects
for instance current trend of mandatory 2FA causes more⁢ bad than good - it causes unnecessary collateral damage
why do people have to use︀ 2FA to only check their balance or send 20usd?
there is no proper replacement for a hw wallet (i.e.︄ device that stores the entropy, derives the keys and signs transactions offline) ... unless you︅ can do all that in your head (and even that wouldn't be enough)

 

[Propeller]

That seems⁠ like a somewhat clunky device, maybe more suited for people with disabilities.

 

[brianK]

I had the same problem and transferred all my USDT into DAI after a‍ discussion in another thread here on OCT. It's more secure and, according to the gurus⁠ on OCT, it can't be frozen.

DAI can be stored directly on Trezor and Ledger⁤ BTW.

 

[abrahamtholos]

I think you've missed my point, I've said multiple times that a︀ multi-signer solution is not the right fit for someone holding a small amount of crypto.︁

I'm purely comparing a hw wallet vs mpc or multisig for UHNWIs/businesses,etc

 

[Freetrade]

No definitely not a portable setup if you wanted to take the whole‍ device somewhere but the cards will work in any device.

Very useful if managing multiple⁠ seeds since the device can manage unlimited seeds, just program another card.

 

[void]

I didn't‍ study it enough (so correct me if I'm wrong) but the card is just a⁠ storage... ergo the computation is done outside of the card... ergo you either have to⁤ own multiple devices in all the locations (a not sure what to do while traveling⁣ then) or you have to use the card via generic card reader and use some⁢ PC software or so ... which is totally unwanted

that's probably the only use-case I can think of...

however you can elegantly achieve︂ this for example with Trezor using multiple passphrases (yes, all the wallets will be based︃ on the same entropy which is mostly unwanted if not all of them are owned/managed︄ by the same person) - so this device would potentially allow sharing with other people︅ BUT I don't think anyone sensible would insert his card with a seed to a︆ device that somebody else was potentially messing with before

am I missing something?

 

[Propeller]

Trezor and Ledger has been working so good for me for a long time I‌ won't change and they are small devices.