ripplezzz Posted November 27, 2017 Share Posted November 27, 2017 (edited) I want to use Ripple Purse It will only be used for Ripple. I found two kinds of "Nano S" and "Toast Wallet". But, someone said "The purse for Ripple said it's a good idea to use the Toast Wallet". Is that true? Is it true that the Nano S is just a USB driver? Is Toast wallet is the same thing Nano S and completely? (Someone told me that Toas wallet and Nano S are the same, not expensive Nano S to buy) Is not Toast Wallet being hacked? (I know Nano S is not going to be hacked) (I also know that backups are possible even if hacked or lost) Can I backup Toast Wallet too? What should I buy and use? Edited November 27, 2017 by ripplezzz Link to comment Share on other sites More sharing options...
tulo Posted November 27, 2017 Share Posted November 27, 2017 They are completely different things: one is an hardware wallet, the other only software. Using toast wallet on a compromised machine could result in the loss of funds. Link to comment Share on other sites More sharing options...
ripplezzz Posted November 27, 2017 Author Share Posted November 27, 2017 1 hour ago, tulo said: 그것들은 완전히 다른 것들입니다 : 하나는 하드웨어 지갑이고 다른 하나는 소프트웨어입니다. 손상된 기계에서 토스트 지갑을 사용하면 자금이 손실 될 수 있습니다. so, Do you strongly recommend using Nano S? Is it better to use Nano S than toast wallet in terms of security and anti-hacking? So, do you really recommend using the Nano S? Is it better to use Nano S than toast wallet in terms of security and anti-hacking? So if you want to have Ripple in the long run, should you buy and use Nano S? Link to comment Share on other sites More sharing options...
M-X Posted November 27, 2017 Share Posted November 27, 2017 (edited) Nano for cold storage (just holding), toast wallet as a hot wallet (if you plan on moving it around sometimes). Both are secure if your computer is secure. Nano ledger is less prone to being hacked if your computer is hacked. Edited November 27, 2017 by M-X Link to comment Share on other sites More sharing options...
jennif Posted November 27, 2017 Share Posted November 27, 2017 (edited) @ripplezzzFunny you started this topic because I was just researching how to access my Ledger Nano S Ripple wallet on the go (in case I go on a holiday and don't want to carry my Nano). It's actually possible but it involves exposing your Ledger Nano S Ripple wallet private key on your phone (in the Toast app). Anyway you should get the Ledger Nano S for long term storage. If you only intend to do quick trades, then just leave it on the exchange (like Bitstamp, etc.). Edited November 27, 2017 by zone Link to comment Share on other sites More sharing options...
ripplezzz Posted November 27, 2017 Author Share Posted November 27, 2017 8 minutes ago, zone said: @ripplezzzFunny you started this topic because I was just researching how to access my Ledger Nano S Ripple wallet on the go (in case I go on a holiday and don't want to carry my Nano). It's actually possible but it involves exposing your Ledger Nano S Ripple wallet private key on your phone (in the Toast app). Anyway you should get the Ledger Nano S for long term storage. If you only intend to do quick trades, then just leave it on the exchange (like Bitstamp, etc.). So, what do you recommend? Nano S? Toast Wallet? What would you write if you had to choose one? Link to comment Share on other sites More sharing options...
jennif Posted November 27, 2017 Share Posted November 27, 2017 Will you be a long-term investor? If yes, then buy Ledger Nano S. Link to comment Share on other sites More sharing options...
ripplezzz Posted November 27, 2017 Author Share Posted November 27, 2017 29 분 전, 존이 말했다 : 장기 투자자? 악보대 Nano를 사용합니다. Yes. Long-term investor I am thinking at least three to five years. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now