And what do u mean cold wallet doesnt allow u

honestly thats all the ledger fud hysteria the past year going with the ''backed seed phrase'' which can only be approved if u sign through your ledger, the closed source is because of the secure enclave chip which is coming from a company and logicaly no company would want it open source otherwise that would be an open attack vector for hacks. a trezor on the other hand is like a sim card on your phone, anyone with knowledge can easily crack/hack it and take everything u've got there, also trezor like many Hardware wallets also have the same problem '' u got to trust the company'' cuz any installation can be that ''fear'' u have in it

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9 месяцев назад

T.C. no dm

Helios Hyperion
honestly thats all the ledger fud hysteria the pas...

There is one more thing that increases my confidence in Trezor which is that not only the chip architucture that is open source. The firmware updates are also open source that means I can just wait afther an update and let the public audit the software before upgrading. If I decide to use Trezor over Ledger for Solana staking I have to connct to Exodus wallet because Trezor does not support Solana and so there is no address in Trezor suite. That opens a new question security related question. How can Exodus wallet derive a token address that my Trezor generated seed holds without access to the seed phrase on Trezor I do not understand that? I do not know which generated secret seed is used to derived a Solana public address the one in Trezor or Exodus?

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9 месяцев назад

Helios Hyperion Автор вопроса

T.C. no dm
There is one more thing that increases my confiden...

when u connect a hot wallet or a 3rd party wallet to a cold wallet, you get the public key aka your wallet address of the specific blockchain

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9 месяцев назад

T.C. no dm

Helios Hyperion
when u connect a hot wallet or a 3rd party wallet ...

The only way for a hardware generated seed phrase to hold a public key (wallet address) is to export my public key to the software wallet then the hot wallet would only be an interface. That is what I actually want but since Solana address is not supported by Trezor suite connecting to hot wallets (Exodus) will probably not solve my issue because that Solana stake would be held by a hot wallet to my knowledge. I have to investigate that. @Rahulbaria19

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9 месяцев назад

Helios Hyperion Автор вопроса

T.C. no dm
The only way for a hardware generated seed phrase ...

ye you sign with public key(u always export it) when u sign transactions its common sense

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9 месяцев назад

T.C. no dm · Accepted Answer

I think staking through Trezor cold wallet is safer than Ledger because it is open source. The troubling part is that you can stake SOL through Ledger live but Trezor does not support staking SOL. I want to use a open source hardware wallet to stake SOL and to do that I have to connect Trezor wallet to Exodus (hot wallet). Trezor wallet does not support SOL so how can a secret seed phrase from Trezor hold SOL through Exodus which secret seed is used to derive the address? If the SOL address that stakes SOL is held on Trezor then it is the safest option for an open soruce solution.

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And what do u mean cold wallet doesnt allow u

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