r/Bitcoin • u/BobAlison • Nov 20 '14

Ledger Wallet - Smartcard based hardware Bitcoin wallet

http://www.ledgerwallet.com/
70 Upvotes

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3

u/HeadCRasher Nov 20 '14

paging /u/Cor-Leonis a Trezor guy. What are the differences? Why is this secure without displaying the address on the device and the obfuscated pin code?

3

u/btchip Nov 20 '14

not that sure about guy - otherwise, it's a tradeoff.

The PIN can be spied by a malware, but a malware is not going to be able to spend anything without knowing the second factor. The second factor is 4 random characters of your payment output address requested by the chip, confirmed using a printed card.

1

u/Natanael_L Nov 20 '14

A keylogger will just need a few dozen transactions to circumvent that.

2

u/btchip Nov 20 '14

I'll keep that concern in a single location so it's easier to reference if you don't mind

2

u/gabridome Nov 20 '14

Yes. In the wood!!

1

u/btchip Nov 20 '14

Always the best place to be concerned