Ledger Stax - what do you think ?

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CoinMaster

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What do you think about the new Ledger Stix
1722236838577.png


https://shop.ledger.com/products/ledger-stax
I don't know what to say and if it is useful I can't figure out what the benefit is compared to the USB stick they had before which worked well just with a cable or Bluetooth!

Does someone know what exactly the big thing is with this device?

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there is no key feature - it's just a (pointless) fancy novelty with bigger display and wireless charging... even Ledger (the company) doesn't hide it
 
void said:
there is no key feature
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what do you mean with key feature... as i understand it, the device works like the traditional ledger USB thing they alwas have had

This one:
1722237443429.webp



Or am I wrong? Sorry for me to be so stupid but I don't really understand it.

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CoinMaster said:
what do you mean with key feature... as i understand it, the device works like the traditional ledger USB thing they alwas have had
Click to expand...
exactly... my point is there is no feature that makes it any (significantly) different from the other ledger devices - it's just supposed to look cool
 
Closed source. Their firmware allows seed extraction by default, meaning they have access to your private keys and would turn your private keys to the state if they wanted to

https://twitter.com/x/status/1660677064700178436

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So, you're saying the Ledger company is a rat! They are sneaky and slimy parasites pretending to protect your coins but can block your Ledger wallet at any time?

This is completely unacceptable!! I am in shock.

How do you know Trezor doesn't do the same?

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My personal favorite thread posted in the Mentor Group. Group of investment companies to avoid licensing.
 
Nasty thing to read. I have to replace some assets and through away the ledger devices.

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EliasIT said:
So, you're saying the Ledger company is a rat! They are sneaky and slimy parasites pretending to protect your coins but can block your Ledger wallet at any time?
Click to expand...
not sure if @ActionMan tried to imply this but it's not true
the video snippet is taken out of context and this only relates to their (idiotic) service allowing distribution of your recovery shares amongst third party entities "to make custody easier for masses" - it was probably well-meant and definitely poorly communicated and suffers from what was said in the video with respect to potential subpoenas etc.

putting this aside I'd still avoid this company and their products but it's just me - it's two orders of magnitude better to have your keys on ledger device than in any software wallet, period
 
void said:
it's two orders of magnitude better to have your keys on ledger device than in any software wallet, period
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Ledger is nothing more than a glorified hot wallet. but I agree with you, if you have the nano and didn't upgrade to their latest firmware nor have the ledger recover (And ledger live), then you are probably good. For me personally, I prefer Trezor or bitbox02. Or just use Cryptosteel and store your seeds in a safe somewhere, Cold, like it meant to be.

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ActionMan said:
use Cryptosteel and store your seeds in a safe somewhere, Cold, like it meant to be.
Click to expand...
not an option for those working actively with their coins
and even in case of a passive long-term holder (feels like something practically non-existent to me anyways) it's wise to have a hw wallet initiated to avoid mistakes and stress from impulsive decisions
also single word list backup is a bad idea in most cases
 
I received my Stax device, I must say I like it.

Of course you should not even consider for a second the stupid (paid for) extra recovery service they offer, and use it as a cold wallet - that is an offline device that allows you to securely sign transactions (I won't dig into BT vulnerability issues).

It's a big step forward from the old Blue model, which I'm probably one of the only 10 people in the world who owns it.

Beyond the sleek design of the device, the features I find most interesting are:
- good screen resolution and readability
- responsive touchscreen
- the display extends to the spine, where it shows the name you gave to the device. This is useful for storing in a neat manner multiple Staxs.
- the device is magnetic. This enables stacking multiple devices together and attaching them to a metal surface for storage.

It would be nice if one day we can connect Ledger devices to Exodus.

Overall, I continue to prefer the Trezor model 1 😀

Last edited: Nov 15, 2024
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JohnnyDoe said:
I received my Stax device, I must say I like it.

Of course you should not even consider for a second the stupid (paid for) extra recovery service they offer, and use it as a cold wallet - that is an offline device that allows you to securely sign transactions (I won't dig into BT vulnerability issues).

It's a big step forward from the old Blue model, which I'm probably among the only 10 persons in the world who own it.

Beyond the sleek design of the device, the features I find most interesting are:
- good screen resolution and readability
- responsive touchscreen
- the display extends to the spine, where it shows the name you gave to the device. This is useful for storing in a neat manner multiple Staxs.
- the device is magnetic. This enables stacking multiple devices together and attaching them to a metal surface for storage.

It would be nice if one day we can connect Ledger devices to Exodus.

Overall, I continue to prefer the Trezor model 1 😀
Click to expand...

what a price tag...

I wonder when ledger and trezor will finally understand that times have changed and the market needs something else than clumsy and easy to be recognized devices

bluetooth is very desirable, stealth carry and wearable devices or a "barebone" core ready to be integrated by third parties into stuff like cheap watch, powerbank, ... - instead ledger makes this nonsense and trezor creates totally unnecessary "facelift" of model T with gorilla glass (why, oh why?) 🙄
 
void said:
what a price tag...
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Still less than the old Blue model stupi#21
void said:
I wonder when ledger and trezor will finally understand that times have changed and the market needs something else than clumsy and easy to be recognized devices
Click to expand...
Recognizability is a real problem. Easy to solve anyway, if only someone wanted to. (entrepreneurs come forward)
void said:
bluetooth is very desirable,
Click to expand...
Agree
void said:
stealth carry and wearable devices or a "barebone" core ready to be integrated by third parties into stuff like cheap watch, powerbank, ...
Click to expand...
these are all too easy to steal or to forget. I'm afraid a subcutaneous nfc chip seems to be the best solution.
void said:
- instead ledger makes this nonsense
Click to expand...
I like this new toy anyway
void said:
and trezor creates totally unnecessary "facelift" of model T with gorilla glass (why, oh why?) 🙄
Click to expand...
Model T quite sucks and doesn't connect to Exodus

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JohnnyDoe said:
Recognizability is a real problem. Easy to solve anyway, if only someone wanted to. (entrepreneurs come forward)
Click to expand...
I'm very creative and proud of myself 😀

there is definitely a business opportunity and fun which wallet manufacturers could make way easier

JohnnyDoe said:
these are all too easy to steal or to forget.
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way better than nothing and being forced to DIY

JohnnyDoe said:
I'm afraid a subcutaneous nfc chip seems to be the best solution.
Click to expand...
sounds sexy but probably brings more trouble than advantages... hard to say
 
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