SakuraTide
Mon May 13 2024
|
6 answers
1255
Is it safe to stake Ethereum on Ledger?
I've been hearing a lot about staking Ethereum as a way to earn passive income, but I'm also concerned about security. I've read that Ledger hardware wallets are highly regarded in the cryptocurrency community for their safety features. So, my question is, is it safe to stake Ethereum on a Ledger wallet? What kind of security measures does it offer to protect my funds? I'd like to know if there are any potential risks or vulnerabilities that I should be aware of before staking my Ethereum on a Ledger. Can you provide some insights into this?
Dario
Mon May 13 2024
|
5 answers
1424
What happens after 3 attempts on Ledger?
I'm curious about what occurs following three attempts on the Ledger. Does the device lock itself temporarily as a security measure? Or is there some sort of reset process that needs to be undergone? Additionally, are there any consequences for exceeding the maximum number of attempts, such as permanent data loss or the need to contact customer support? I'm trying to understand the safety mechanisms built into the Ledger and how they protect users from unauthorized access.
