I bought the NanoX and I hate it! It is complicated to set up, need usb to connect to desktop, doesn’t actually work with all crypto’s - their website is misleading with that, the graphics & buttons look/feel like 90’s tech. It is very fidgety to use and doesn’t always connect. I don’t dare try and transfer crypto to it - I may never see it again! I’m upset with myself for wasting $$ on it.
Why is there no mention of the Ellipal in this article? That was the other one I was considering and in retrospect, wish I purchased it instead. But maybe it is just as disappointing. Certainly isn’t cheaper!
I have a buddy who is a crypto noob and got the Ellipal. He's been struggling with it as well. I just think the industry is still way too young to have seamless plug and play products. Think about how difficult using the first modems were.
That being said. As long as you write down the seed phrase for your Nano X, it doesn't really matter how "fidgety" the device is, because the crypto isn't "in" the Nano X, it's "in" the seed phrase. The device could glitch out and spontaneously combust, as long as you have your seed phrase you still have the crypto.
I use a Nano S and a Trezor Model T. Haven't had any significant issue with either.
Thank you for letting me know. Glad to know I don’t have to have any regrets not getting the Ellipal. The main reason I didn’t go with it was because the Ledger seemed to be recommended by the exchanges and Ellipal I have yet to see recommended. It looked easier to use, which was my dilemma, but I guess technology still needs improving all around.
Maybe I should have went with the Nano S instead of X - I keep hitting a road block with the X because I come across everything saying it works with the Nano S and nothing yet for the X. I can’t sell this thing because people think I’ve hacked it somehow (I can’t even get it to work normally), and it’s the wrong size for a door stop.
Hardware wallets have a lot of growing up to do. It just sucks because everyone’s like “You’ve got to get your crypto off the exchange!!” and I literally flipping CAN’T!
| Trezor Model T | Ledger Nano X
History of Hacks | Hacked a few times and had seed words extracted due to physical access to device | Issues with the microcontroller unit on both the Nano S and Nano X
Good point, they ought to mention Trezor one in the table, or omit the Nano S. Overall the review is the most comprehensive I've seen, although it does kind of glow on Trezor. They did include this section on Trezor One exploits.
>Most notably, Roth was able to extract the seed phrases and PIN from a Trezor One, while his collaborator Nedospasov introduced a prototype for the “Trezor Glitcher” — a device which instantly exploits the vulnerabilities of Trezor hardware wallets. The issue they exploited was that private keys were being moved in the RAM during software upgrades, and a fix was released 62 days later with version 1.8.0 of the firmware.