Ledger Nano X - Onyx black (Bitcoin, Litecoin, Ubiq, Bitcoin cash, Komodo, Zcash, Ethereum Classic, Ether, Vertcoin, Stellar, Neo, Dash)
CHF169.–

Ledger Nano X - Onyx black

Bitcoin, Litecoin, Ubiq, Bitcoin cash, Komodo, Zcash, Ethereum Classic, Ether, Vertcoin, Stellar, Neo, Dash

Question about Ledger Nano X - Onyx black

avatar
An-Dee

3 years ago

Maybe a stupid question: but doesn't the Bluetooth capability indirectly make the wallet a "software wallet"? As a holder, I would feel safer with a wired wallet because if not connected, def. no contact with the network. Another question: apart from the Bluetooth capability and the display, why does a hardware wallet need a battery?

Avatar
avatar
TomSchmidt

3 years ago

Helpful answer

The security of a hardware wallet is based on the fact that the private key never leaves the hardware wallet and therefore cannot be lost (as long as the hardware wallet and its PIN code are stolen). The connection between the hardware wallet and the PC / mobile phone (cable, Bluetooth) plays no role and has no influence on security. The thing needs a battery so that it can communicate with the mobile phone/tablet via Bluetooth.