Wenn Ledger zusammenbricht – d.h. bankrott geht – sind meine Münzen dann sicher?
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Hallo Leute, ich weiß, dass Cold Wallets Dinge offline speichern, so dass sie vor Hacks usw. geschützt sind, aber ich frage mich, wer meine privaten Schlüssel besitzt, bin ich es oder ist es Ledger? Wenn es Ledger ist, bedeutet das, dass, wenn das Unternehmen untergeht, es auch mit meinen Münzen untergehen wird?
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The whole idea is that the keys are yours and yours alone – Ledger sell you a device to store them and nothing more. If Ledger disappeared you’d still have your device and keys. Worst case you might have to use Metamask or something similar in the case that Ledger Live goes defunct but otherwise nothing would change.
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Whomever knows the private keys ownes the private keys. Ledger has no knowledge of your private keys, which means that the coins are exclusively yours, as is the responsibility of their safekeeping.
If ledger goes bankrupt, your ledger device will continue working and the coins will still be yours. The downside is that if you lose your ledger and private key/seed phrase, then there is no way to successfully recover your coins.
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It’s important to understand that your coins are NOT on your Ledger device. Your coins are on the blockchain. Your wallet secures your seed, from which your private keys are generated.
For example, let’s say you own some Bitcoin. Your coins are on the Bitcoin blockchain. The only thing you need to recover them is your seed phrase. Let’s say your wallet gets lost or stolen. No worries! Whoever has it only gets 3 tries to enter the correct PIN before the device wipes itself out… and there’s no way they’ll guess it in 3 tries since they won’t even know how many digits your PIN is (it could be anywhere from 4 to 8 digits long). So, your wallet is GONE! How do you get your coins back??! …you get a new wallet (it doesn’t even have to be a Ledger) and enter your seed words. Your seed words generate the keys for your coins. It’s like magic, except that it’s better than magic. IT’S MATH.
> i was wondering who owns my private keys, is it me or is it ledger?
Your keys are generated from your seed words. Even though your seed is on your Ledger device, Ledger (the company) couldn’t access it even if they wanted to. That’s the point of a hardware wallet. Your seed never leaves the device and no one has access to it. Not even Ledger. Hell, not even you (which is why the first thing they tell you to do when your seed is generated is to write it down).
My advice to you is this: Spend some time learning the basics about what a seed phrase really is and how it works. The more you learn, the more comfortable you’ll become with owning crypto and using a hardware wallet. Knowledge is power. Never stop learning.
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Hello, we have an interesting read on that: https://www.ledger.com/academy/what-if-ledger-goes-out-of-business
You own your keys, so you own your cryptos, you’ll be able to restore them somewhere else depending on what you want to restore
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Your device will probably be useless if Ledger Live and the phone app stops working. All you will have is your 24 recovery phrase written somewhere. But that being said, how do we activate it when we shouldnt type it into the computer, doesnt activating it require you to type it into a computer. The other way i can think of is get a new device and type it into that device.
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If the company goes out of business or experiences financial difficulties, it would not necessarily affect your cryptocurrency holdings. The reason for this is that your cryptocurrency is stored on a blockchain, which is a decentralized and distributed digital ledger that is not controlled by any single entity.When you own cryptocurrency, you are essentially holding a digital asset that is stored on the blockchain, and this asset is not tied to any particular company or organization.
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