Yes ofc it shows it only with "1 year" or "all" because those are only time limits which reach back 11 months.
What I wonder is why it shows the account balance from that arbitrary date onwards when first activity or tx happened almost 9 months later than said date.
Because all addresses exist since creation of the coin. You just start using a random drawer from a drawer wall that as large as the universe. Nothing is created from scratch. There are some other centralized coins that creates a brand new wallet and requires you to hold X amount of tokens inside but that’s another case.
Yup I know this is the case. What I'm asking is is the problem in Ledger UI showing an arbitrary date of 9th July as a starting point or why is it that way
I see. I’ve never used ledger live since 2018. Check your address on blockchain explorer and find the first transaction of yours. If it’s only yours, then ledger live is being ledger live heh.
There are no experienced hacks of Ledger exposing your seed or private keys thru a physical hack while the hacker doesn't know your pin code.
They can make you see a pre-created seedphrase while you are creating a new wallet while tempering the device but, you already have your own seed and replacing a display doesn't include methods to hack your device.
Other than that, if I were you, I'd just buy a new nano s plus and destroy that old nano S. You don't even need to destroy, a hacker cannot re-generate your seedphrase from a fresh device like they do on Trezor but, why risk it.
If you are holding Nano S because of that Ledger Recover firmware news, you don't need to. If you are somewhat going to approve a malicious update/app on your device, a hacker can also extract your seed from Nano S.
Source: trust me bro and my closed source software
Ready for the downvotes but it’s unfortunately the truth.
You should make some research about people losing their funds on opensourced apps because of a bug or poor programming skills.
Losing funds from a bug and poor programming skills is different from unknowingly/blindly adopting a questionable security model. Just because X is bad doesn't mean Y can't be bad as well.
If anything, the fact such issues exist because of said causes highlights the fact how any system, even if it's Ledger, is not infallible.
All ledger devices and majority of other hardware wallets can extract your keys when you install the software to do it. Implementing a software to extract your shamir shards with user permission has no effect on your daily usage. If you are scared about installing a phished unofficial app by mistake over Ledger’s shard sharing fw, they can also make you install something else. You have to trust ledger. If you don’t want to trust them, you are free to use a hardware wallet that has hacking tutorials on youtube. People are over reacting it.
Thank you for this info!
I think most Ledger Live users are not aware of this serious privacy issue.
Because you don't need to be aware of it unless you are a fugitive. Nobody will swat your house just because you are trading 200 bitcoins and nobody has power to get in touch with every node and ask who owns that xpub.
If you are concerned about it, you shouldn't use Ledger Live anyway. I didn't open it since 2018 except updating firmware and installing token apps.
Imagine if your government introduced a 25% wealth tax on all cryptocurrencies tomorrow. To collect this tax, the tax authorities could then simply force hardware wallet manufacturers as Ledger to forward their data on IP addresses and associated crypto assets to the tax authorities. ....
Indeed. But that population is like a piece of sand in a beach. And if you are one of those people that uses Ledger Live as an accountant/wallet, probably you are using those "buy crypto with fiat" purchase services too (we see lots of them in this sub). So, they already doxxing themselves. No need to worry about Ledger Live node leaking your addresses to the government.
It exports your public master key so you can keep track all addresses of that token type that tied to your seed. You know, you get new BTC addresses once you send funds to the previous one for security. It's not exporting your private key. (And probably someone will reply, how are you sure?) lol.
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