This is an automated archive.

The original was posted on /r/trezor by /u/BANNANAHAMMA on 2023-10-20 14:04:32+00:00.


I have found Trezor to be so much more practical/easy vs. ledger after getting to know the device. I have the more expensive T model. 1) logging in- finally I don’t feel like I’m playing on an old nintendo. I also like that the numbers are always scrambled in case of prying eyes or leaving a fingerprint (prob. too small for that). Hidden wallet- having the T means I enter the passphrase on the trezor- I wouldn’t do it on my computer even though I trust my computer (key logger or some hack worries me). NOW, this is what no one outside trezor seems to know. The hidden wallet feature means with one password, you can create a wallet that completely shields/disappears however much crypto you want. I thought multi-sig was what I needed. No. What’s the point? Unless it’s an inheritance/trust situation, the hidden wallet, and the fact you can create multiple ones rocks. Ledger Live PISSED me off in that you can create another wallet through a different log in, but ledger live shows ALL the accounts. So much for hidden. Plus, ledger doesn’t even have to be plugged in to reveal what you got. Feels like ledger opens you up to the $5 wrench attack. From a superficial level, I liked (and still like) the design of ledger since it looks like a flash drive. I felt like I could sneak it around the world. What I didn’t put together until recently is that trezor’s 12 word seedphrase is easily digestible.

Really. It took me one evening. I initially hated 12 over 24, but statistically 12 words has been proven to be as improbable to break as 24. So now I don’t even need the device. I think the look of trezor (which is essential since it needs a screen) is the only thing mainstream crypto users get turned off by- but it’s essential and really does the job. And w/ open source, I almost don’t understand why there’s any other cold storage people would use.