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    Author Topic: [ESHOP launched] Trezor: Bitcoin hardware wallet  (Read 966687 times)
    OROBTC
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    May 17, 2017, 04:24:41 AM
     #4721

    Updating firmware is not a concern. Your 24 word seed is your bitcoin; you can step on your Trezor or Ledger and destroy it, and restore your seed to a new one in 10 minutes. Back in business. You should be eager to update; firmware needs to be updated to incorporate new coins, new features. Case had a popular hardware wallet a year ago that is worthless now because they never updated firmware to adjust fees.


    Thank you for the reminder, I forget some of the basic ins-and-outs of Bitcoin.  Yeah, not being able to adjust fees is a big drawback.  I only have gotten to know just the parts of the Bitcoin Ecosystem that I actually use, the rest, ah no...  I am glad I have all seeds safely stored away.
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