Ledger Stax - what do you think ?

[CoinMaster]

What do you think about the new Ledger Stix

https://shop.ledger.com/products/ledger-stax
I don't know what to say and if it is useful I can't figure out what the benefit is compared to the USB stick they had before which worked well just with a cable or Bluetooth!

Does someone know what exactly the big thing is with this device?

 

[void]

there is no key feature - it's just a (pointless) fancy novelty with bigger display and wireless charging... even Ledger (the company) doesn't hide it

 

[CoinMaster]

there is no key feature

what do you mean with key feature... as i understand it, the device works like the traditional ledger USB thing they alwas have had

This one:

Or am I wrong? Sorry for me to be so stupid but I don't really understand it.

 

[void]

what do you mean with key feature... as i understand it, the device works like the traditional ledger USB thing they alwas have had

exactly... my point is there is no feature that makes it any (significantly) different from the other ledger devices - it's just supposed to look cool

 

[CoinMaster]

ahh okay, now I understand I will pass the offer! My thought was it had some new features or comes with something extra.

 

[ActionMan]

Closed source. Their firmware allows seed extraction by default, meaning they have access to your private keys and would turn your private keys to the state if they wanted to

https://twitter.com/x/status/1660677064700178436

 

[YoungLansk]

I thought thats a service you opt-in if you want to ?
whats a better alternative?

 

[void]

I thought thats a service you opt-in if you want to ?

yes, it was about the "scandal" a year ago... this WBD podcast episode sums it up pretty well

whats a better alternative?

I'm no as big fan as I used to be due to some controversial decisions they made recently but I believe Trezor is a better option

 

[EliasIT]

So, you're saying the Ledger company is a rat! They are sneaky and slimy parasites pretending to protect your coins but can block your Ledger wallet at any time?

This is completely unacceptable!! I am in shock.

How do you know Trezor doesn't do the same?

 

[JohnLocke]

Nasty thing to read. I have to replace some assets and through away the ledger devices.

 

[void]

So, you're saying the Ledger company is a rat! They are sneaky and slimy parasites pretending to protect your coins but can block your Ledger wallet at any time?

not sure if @ActionMan tried to imply this but it's not true
the video snippet is taken out of context and this only relates to their (idiotic) service allowing distribution of your recovery shares amongst third party entities "to make custody easier for masses" - it was probably well-meant and definitely poorly communicated and suffers from what was said in the video with respect to potential subpoenas etc.

putting this aside I'd still avoid this company and their products but it's just me - it's two orders of magnitude better to have your keys on ledger device than in any software wallet, period

 

[pepelepew]

Ledger nano X works well enough with third party wallets and has secure element built in.
Best not to use ledger live at all since it sends all your data to them, in addition to the issue with recover service:

https://twitter.com/x/status/1732541519284900198

 

[Martin Everson]

Does someone know what exactly the big thing is with this device?

Yes....they get to charge $399 and make money.

 

[ActionMan]

it's two orders of magnitude better to have your keys on ledger device than in any software wallet, period

Ledger is nothing more than a glorified hot wallet. but I agree with you, if you have the nano and didn't upgrade to their latest firmware nor have the ledger recover (And ledger live), then you are probably good. For me personally, I prefer Trezor or bitbox02. Or just use Cryptosteel and store your seeds in a safe somewhere, Cold, like it meant to be.

 

[void]

use Cryptosteel and store your seeds in a safe somewhere, Cold, like it meant to be.

not an option for those working actively with their coins
and even in case of a passive long-term holder (feels like something practically non-existent to me anyways) it's wise to have a hw wallet initiated to avoid mistakes and stress from impulsive decisions
also single word list backup is a bad idea in most cases

 

[JohnnyDoe]

I received my Stax device, I must say I like it.

Of course you should not even consider for a second the stupid (paid for) extra recovery service they offer, and use it as a cold wallet - that is an offline device that allows you to securely sign transactions (I won’t dig into BT vulnerability issues).

It’s a big step forward from the old Blue model, which I’m probably one of the only 10 people in the world who owns it.

Beyond the sleek design of the device, the features I find most interesting are:
- good screen resolution and readability
- responsive touchscreen
- the display extends to the spine, where it shows the name you gave to the device. This is useful for storing in a neat manner multiple Staxs.
- the device is magnetic. This enables stacking multiple devices together and attaching them to a metal surface for storage.

It would be nice if one day we can connect Ledger devices to Exodus.

Overall, I continue to prefer the Trezor model 1

 

[void]

I received my Stax device, I must say I like it.

Of course you should not even consider for a second the stupid (paid for) extra recovery service they offer, and use it as a cold wallet - that is an offline device that allows you to securely sign transactions (I won’t dig into BT vulnerability issues).

It’s a big step forward from the old Blue model, which I’m probably among the only 10 persons in the world who own it.

Beyond the sleek design of the device, the features I find most interesting are:
- good screen resolution and readability
- responsive touchscreen
- the display extends to the spine, where it shows the name you gave to the device. This is useful for storing in a neat manner multiple Staxs.
- the device is magnetic. This enables stacking multiple devices together and attaching them to a metal surface for storage.

It would be nice if one day we can connect Ledger devices to Exodus.

Overall, I continue to prefer the Trezor model 1

what a price tag...

I wonder when ledger and trezor will finally understand that times have changed and the market needs something else than clumsy and easy to be recognized devices

bluetooth is very desirable, stealth carry and wearable devices or a "barebone" core ready to be integrated by third parties into stuff like cheap watch, powerbank, ... - instead ledger makes this nonsense and trezor creates totally unnecessary "facelift" of model T with gorilla glass (why, oh why?)

 

[JohnnyDoe]

what a price tag...

Still less than the old Blue model

I wonder when ledger and trezor will finally understand that times have changed and the market needs something else than clumsy and easy to be recognized devices

Recognizability is a real problem. Easy to solve anyway, if only someone wanted to. (entrepreneurs come forward)

bluetooth is very desirable,

Agree

stealth carry and wearable devices or a "barebone" core ready to be integrated by third parties into stuff like cheap watch, powerbank, ...

these are all too easy to steal or to forget. I’m afraid a subcutaneous nfc chip seems to be the best solution.

- instead ledger makes this nonsense

I like this new toy anyway

and trezor creates totally unnecessary "facelift" of model T with gorilla glass (why, oh why?)

Model T quite sucks and doesn’t connect to Exodus

 

[JohnnyDoe]

Warning: do not keep the Stax close to your chest if you have a pacemaker or in your trousers if you have some other medical device implanted (https://pubmed.ncbi.nlm.nih.gov/30935471/)

 

[void]

Recognizability is a real problem. Easy to solve anyway, if only someone wanted to. (entrepreneurs come forward)

I'm very creative and proud of myself

there is definitely a business opportunity and fun which wallet manufacturers could make way easier

these are all too easy to steal or to forget.

way better than nothing and being forced to DIY

I’m afraid a subcutaneous nfc chip seems to be the best solution.

sounds sexy but probably brings more trouble than advantages... hard to say