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Questions tagged [ledger]

Ledger is a popular hardware wallet manufacturer.

12
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4answers
2k views

Why does Bitcoin store all transaction inputs and outputs, instead of just an “account/balance” ledger?

From what I can tell, the Ethereum blockchain just stores accounts and balances - why did the original Bitcoin developers choose the method of storing all transactions for validation instead of just ...
8
votes
2answers
1k views

Why is the ledger public?

To me, banking is not a public thing. I don't want people to know what's in my bank account at what time, or who I sent money to. I know that I can make a new address for each transaction, as ...
6
votes
4answers
850 views

Blockchain as a way to host truly free social website like reddit

Some time ago I started wondering: what if we create a new coin and use its Blockchain to store a website content? Bitcoin is P2P, that way it is almost impossible to block bitcoin. Everything in the ...
6
votes
1answer
5k views

How to get public master key of a Ledger wallet?

I have a ledger Nano S and would like to know how to extract the public master key of its wallet, in order to do HD key derivation in an external process. Is there a way or is this info never exposed ...
5
votes
1answer
1k views

How does Ripple synchronizes its ledger?

Bitcoin decides on a global clock by the blockchain - every mined block is another tick of that clock. In Ripple, there is a global ledger that keeps advancing in time - the ledger number keeps ...
5
votes
2answers
8k views

How to know balance in Ledger Nano S?

Ledger wallets have a single static address where to send BTC to, but when looking at the details of the transactions, it is always recorded as different receiving addresses. Looking up the static ...
4
votes
1answer
1k views

Why is Ripple's effective genesis ledger at 32570?

The documentation for Ripple says that the genesis ledger starts at 0 but the "effective genesis ledger" is at 32570, because some historical ledgers are "unavailable." Why is this, and what does it ...
4
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1answer
1k views

Manually extracting ledger nano s wallet public / private keys using “Mnemonic Code Converter” from ledger

I have the following example seed: morning twist board pelican denial retire middle inherit evil ritual omit fade general toddler grace evoke recipe sad minor destroy public dawn scissors cube ...
4
votes
2answers
692 views

What is special about a private blockchain based on proof of stake?

I recently came across a paper published in 1988 called "A quorum-based commit and termination protocol for distributed database systems". I could not read it because it is not free, but to me this ...
3
votes
3answers
3k views

How do Ledger Backups get stored?

Scenario Say you have configured a ledger wallet with 10 BTC and 10 ETH. You then lose this said wallet but you have the 24 unique words. You buy another ledger wallet enter the 24 words and BAM, ...
3
votes
2answers
295 views

Who is the decision body for forking a blockchain ledger?

Is it fair to compare the decision body responsible for forking a blockchain as 'escrow officers'? How can users of the blockchain network dare to the treat the distributed ledger as immutable as long ...
3
votes
1answer
358 views

How does the node system understand which ledger is the latest before updating their own ledger?

I have two specific questions: How does a new user realizes which is the correct copy of the ledger to be used when initially updating(downloading) the ledger, and why is it that a user cannot ...
3
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1answer
2k views

Can i send bitcoin from non-segwit address to segwit address?

can i transfer bitcoins from my exchange(Koinex) which has address starting from 1xx... to a ledger nano s segwit address starting with 3x.... ? Although coinbase is not my exchange i am talking ...
3
votes
1answer
2k views

How is the ledger stored on every node?

I read different sourcing claiming the size of the blockchain for bitcoin. Some says it's 8GB, some a 100GB and some 800GB. Now I'm wondering do all the miners computers (nodes) have to store it ...
3
votes
1answer
750 views

How to get Ledger Nano S to work in an Ubuntu VirtualBox?

I installed the ledger manager on Ubuntu VirtualBox, but I can't see any of my USB devices. My host OS is Windows 10. How do I get this to work?
3
votes
2answers
2k views

Bought a used ledger nano s from Amazon / Ebay. How do you factory reset the Ledger Nano S?

I just bought a used ledger nano s from amazon and ebay. What is the best method of wiping this device and factory reset it? What are some other precautions before using this used device?
3
votes
2answers
427 views

How can one reinitialize the HW.1?

I've got a HW.1 a while back at a conference without any additional information. I had played around with it a little bit then, but didn't intend to use it as a wallet immediately. Now, I've been ...
2
votes
2answers
3k views

Is there a way to blacklist or track ransomware bitcoin addresses?

Bitcoin ransoms seem to be on the rise. Do exchanges or some organization attempt to put comprehensive lists or tracking of bitcoin addresses used for nefarious purposes that are available to the ...
2
votes
3answers
513 views

What makes a trusted source trusted?

I know that the blockchain technologie works so well, because everybody has basically a copy of the last ledger. Therefore, if a transaction happens, everybody inside the network has to "approve" the ...
2
votes
1answer
1k views

What's the size of the last Ripple ledger and the indices to search through it?

What is the size of the current ledger and all indices required to efficiently search through it or query it? Also, how will this size grow relative to the number of Ripple users? Side-question: what ...
2
votes
1answer
261 views

Bitcoin transactions over Ripple Network

I am interested in using the ripple network in conjunction with bitcoin transactions, but am curious as to interplay between the ripple ledger verification and the bitcoin blockchain verification. I ...
2
votes
1answer
564 views

Recovering a Ripple wallet on Ledger Nano

I have 20 XRP in a Ledger Nano and before I load everything onto it I want to test the recovery procedure so I am prepared in case something goes wrong down the track I have read the material here on ...
2
votes
1answer
1k views

How can I accelerate confirmations in ledger nano s?

I am using Ledger Nano S hardware wallet to store my bitcoins. Last week, for an experiment, I decided to send bitcoins to hitbtc currency exchange with zero btc fees. I was wondering how many hours ...
2
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0answers
93 views

Disjoint quora slices and global ledger status.

Theoretically, if all the nodes in the quorum participate only in disjoint slices, then there wouldn't ever be a single global state of the ledger. Does Stellar help identify such scenarios in the ...
2
votes
0answers
150 views

Ripple: only a sub-network reaching a consensus is largely enough to be decentralized&secure system?

I spent a while reading ripple protocol, specially the consensus process, the protocol works based only on a sub-network ( from a huge network) reaching a consensus for the current state, it's ...
1
vote
3answers
756 views

Why does the “global lottery” prove the validity of the blockchain?

As far as I understand it currently, when winning the "lottery" (mining) you can add a block, sum of transactions, to the blockchain. This block is in the first instance verified by all network users. ...
1
vote
1answer
2k views

How are Ledger Nano S private keys protected?

I've read quite some material but it boils down that there "is a chip" on Ledger Nano S and the private key never leaves it. But what I would like to know is the following. Is it encrypted? If so, ...
1
vote
2answers
68 views

How do you import an xPub from a Ledger Nano to a watch only Bitcoin Core

I am having trouble figuring out how to import my xPub from my Ledger Nano to a watch only Full node (Bitcoin Core 0.17.1) Could someone please explain how to do this? I am reading different things. ...
1
vote
2answers
48 views

Get back my change [closed]

Please help. I was new to thew blockchain and did not know about getting change back. when the address to give me my change showed up on my Ledger nano wallet I hit the x instead of the check mark. I ...
1
vote
3answers
664 views

help can I recover ltc sent to a btc address

Im super new like a lot of people. I have a nano s ledger and I attetpted to send ltc from coinbase to the ledger only to realize I used the btc address on my ledger. Is this recoverable?
1
vote
1answer
165 views

Can I use a single Hardware Ledger for multiple coins

I am about to buy a hardware ledger to store my coins but I was wondering if I would be needing one ledger per coin I own or if one can hold all or some.
1
vote
1answer
237 views

Ledger size of bitcoins and network bottlenecks

I am learning about bitcoins. I understand that bitcoins are stored on a ledger ledger itself is widely distributed and available for all parties. I also understand that the ledge stores all the ...
1
vote
1answer
293 views

sent BCH to a BTC Segwit address [duplicate]

Is there a way to recover the BCH ? Use his Ledger purse I've sent BCH To address BTC Segwit This link is treated https://explorer.bitcoin.com/bch/address/36CU6nDniJca1UVhvNhjsDdZpUsyYw5vSx I want ...
1
vote
1answer
323 views

Can you retrieve funds send to a legacy address created with a Segwit extended private key imported in Mycelium from a Ledger Nano S?

I imported a segwit xpub6-key in Mycelium as a watch only address. It only shows address starting with 1 instead of 3, which makes sense. I retrieved a small amount on the legacy address and it shows ...
1
vote
3answers
655 views

I have 23 words of my 24 word mnemonic (and passphrase) for my ledger nano-s, is it possible for me to brute-force the last word (not in order)

I have ended up wiping my ledger nanao S during test (thoroughly stupid I know) and I am left with 23 (!) seed words and a passphrase. I understand that I should have both backed up my wallet, and ...
1
vote
1answer
568 views

How to move in and out of wallets cheaply and fast? [closed]

So... Trezor has ridiculously high fee for "normal" speed of transferring money. If I select cheapest transfer version, it takes more than 2 days. Is there a way to transfer money between a crypto-...
1
vote
1answer
59 views

How will the Ledger Half Custodian SegWit2x coin split work?

This may be jumping the gun but does anyone know how the "half custodian" approach for splitting SegWit2x coins that's mentioned in this Ledger blog post will work? The relevant text from the blog ...
1
vote
1answer
323 views

Does Electrum support Ledger Nano?

When you create a new wallet, there are 4 options, one being 'hardware wallet'. However, there is no mention of hardware wallets in the docs! http://docs.electrum.org/en/latest/search.html?q=hardware&...
1
vote
0answers
491 views

Recovering BCH sent to BTC Ledger Nano S Wallet

I've looked at existing relevant threads, but still I didn't got the right solution for my situation, so raising this request. This case is perhaps somewhat different because it relates specifically ...
1
vote
0answers
301 views

Does Bitcoin Gold automatically appear in my ledger nano s wallet?

How do I get Bitcoin Gold into the Ledger Nano S Bitcoin Gold (Segwit) wallet?
1
vote
0answers
178 views

Transaction I didn't make is unconfirmed

I have an unconfirmed transaction that's come from my ledger wallet that I didn't make. The transaction doesn't show in the wallet history but the balance is now zero. Can anyone advise? I'm a bit ...
1
vote
0answers
50 views

What is deterministic validation for hardware wallets?

On bitcoin.com, they mention that the Ledger Nano hardware wallet "while not open-source, .. can be deterministically validated." https://www.bitcoin.com/choose-your-wallet/ledgernano What does this ...
0
votes
3answers
452 views

Pictures and non-transaction data in block chain

It is well known that non transaction related information has found its way into the block chain. This raises multiple questions: (1) How was it done, and is it still possible (2) If someone where to ...
0
votes
1answer
326 views

Can the Large Bitcoin Collider project 'break' into offline hardware wallets like the Nano Ledger S?

Let's say the Large Bitcoin Collider manages to guess the private key of a particular Nano Ledger S. Can they then 'spend' or 'steal' the Bitcoins on the Nano or 'send' them to another wallet?
0
votes
1answer
96 views

mnemonic pass phrase generation in wallets / hardware wallets - security flaw?

Wouldn't it be saver to generate a mnemonic passphrase manually by just taking random words from a lookup table? My thoughts: a wallet creator can can accidentally or on purpose use deterministic ...
0
votes
2answers
150 views

How do miners avoid transactions getting dropped?

I'm having a problem figuring out how miners solve the following problem: Let's say we have 2 miners: M1, M2. M1 adds transactions A,B,C,D to their block. M2 adds transactions A,B,C to their block. ...
0
votes
1answer
22 views

Are there different ledgers in the bitcoin network?

Is it correct to say that in the bitcoin network, there are different versions of ledgers (although the longest chain is the correct one)?
0
votes
1answer
296 views

How to explore ripple ledger?

I'm running a ripple node on my own server, and try to conduct some analysis to the balance of all ripple accounts. Thus I need to synchronize the ledgers and analyse them. Currently, my server has ...
0
votes
3answers
448 views

Bitcoin Gold Ledger Derivation path

What derivation path for creating addresses is used in Ledger for BTG? Generated address from the device doesn't correspond the address from the path m/44'/0'/0'/0/0 that is shown for BTG in BIP39 for ...
0
votes
2answers
321 views

How do I store coins during the bitcoin segwit2x hard fork?

Where should I securely store my coins during the fork? A Legacy address or a Segwit address? I keep them on a Segwit address right now but I want to be sure that the fork won't affect my funds if ...