XRPto50dollars Posted February 1, 2018 Author Share Posted February 1, 2018 4 hours ago, Valhalla_Guy said: i am not sure what it is you are looking for? What would be "secure" in your mind? When you pay a bill, do you not write a check, seal it in an envelope, and then "transfer it to the public system via Postal carrier" How do you sleep at night knowing that your saliva and donkey glue is all that secures your bank's name & address, along with your secure (private) checking account number + RTN number. It also has the payee name, and amount transferred. Oh yeah let's not forget a valid copy of your signature, and technically, if I wanted to hack your "secure method of wealth transfer", I could even get your DNA! Of course on the public side of the envelope, you put your name and address, as well as the payee's location. (this allows us to know what envelopes to hack, without having to open them all) The only safe wallet is one that is never opened- FIAT or CRYPTO! The safest XRP wallet, is a true cold wallet, that is generated on a PC that never went online, nor ever will. You would put your coins in it, and NEVER spend them. (This is 100% secure yet it also makes your coins 100% worthless, since you can't spend them) Once you "open" your wallet to actually spend money (FIAT or CRYPTO), you will need to compromise some security for the transaction to take place. The Ledger is the SAFEST wallet for those who like to "frequently spend" (read transfer) crypto, because it never exposes your key to the PC or the world. Preventing your key from exposure, comes at the cost of trusting a 3rd party to protect your key. I suppose, until they mint XRP, that you can put under your mattress, along with never unlocking your doors, and never leaving home, you will never feel secure? (How did you buy crypto in the first place, without exposing your personal info and some form of financial account number to the web?) Dear sir, It is not that you do not understand Ledger or Crypto; after reading all of your posts, on many threads, it appears you do not understand the word security. interesting response. i like it. straight forward and to the point. im simply bringing up topics which may interest people.. and apparently it does. We always need to ask questions. the moment we stop, we become complacent. so.. to answer your question of what is secure in my mind.. i understand our personal info is out there. send letters, write emails, send checks.. im simply amazed that Ledger CHOSE to use a Chrome app when it didnt have to. The big thing right now is the FACT that Chrome apps are ending very soon. Ledger admits on their site they are working on a new way to use the Ledger without the Chrome app.. So.. if theyre doing this anways.. why depend on a Chrome app in the first place? It was lazy. pure laziness on their part. im not bashing the company. but...................... for touting such a secure device.. if their practice is to take shortcuts with a Chrome app (which will be obsolete very soon), how do we know they didnt take other shortcuts? again, not doubting the reliability of the Nano S. But questioning the reasoning behind making the Nano S so secure if its possible the Chrome App could be messed around with by someone with bad intentions. Link to comment Share on other sites More sharing options...
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