You could still access all your funds.
It doesn’t really impact you, unless there is bad or malicious code in the device which gets exploited. The difference is that with open source code, smart people can look at it and verify that it doesn’t, but with closed source code, you just have to trust the company.
I’m not sure how much software supports ledger devices, but they are pretty common so I would assume most does. Ledger also supports shitcoins, which opens up a wider attack surface and is another thing to consider. I personally would never recommend a ledger product to anyone, but if you already have one and really don’t want to switch it, at least get ride of the dogshit ledger live software.
zforce / Zach⚡️
npub1hy…3ntt0
2023-11-12 16:45:08
in reply to nevent1q…d5eh
Author Public Key
npub1hymqekqgkf8vhlgr2a0n6cmmre3v48l2g9dvv7mvtvg7790j35rqh3ntt0Published at
2023-11-12 16:45:08Event JSON
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"pubkey": "b9360cd808b24ecbfd03575f3d637b1e62ca9fea415ac67b6c5b11ef15f28d06",
"created_at": 1699807508,
"kind": 1,
"tags": [
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"content": "You could still access all your funds.\n\nIt doesn’t really impact you, unless there is bad or malicious code in the device which gets exploited. The difference is that with open source code, smart people can look at it and verify that it doesn’t, but with closed source code, you just have to trust the company.\n\nI’m not sure how much software supports ledger devices, but they are pretty common so I would assume most does. Ledger also supports shitcoins, which opens up a wider attack surface and is another thing to consider. I personally would never recommend a ledger product to anyone, but if you already have one and really don’t want to switch it, at least get ride of the dogshit ledger live software.",
"sig": "1f9af42a5e6edb4aff09fd353297e915c5d731bd3182242d14f5b60ffbcaf9d85be1876ba670c93425522f847c1352c94f3ac5e367f7ced7a2b9c210c4141fff"
}