This is amazing! We have had a lot of Rising Star players getting hacked recently due to scammers using various techniques so I will share this with the community.
Some questions:
with other chains you have a seed phrase you can use in case your ledger gets broken / lost / you forget the pin. I can't see anything similar in your detailed post from April?
Can you use this for transferring Hive Engine tokens too or will the transactions just fail if you use the ledger for the active key?
Thanks again, this is a massive step forward!
Jux.
Technically, all private keys on Ledger are derived from the seed phrase so it's possible to use it outside of the device. But I would like to discourage people from using the seed phrase online because that's how people get their assets compromised. In such a case, the best way would be to configure a new device with the same seed phrase.
There is no straightforward way to do that for an average user at the moment, although it's technically possible to sign
custom_jsonoperation. I'm going to work closely with Hive Keychain team to add the ledger support (hopefully soon).My recommendation would be to advise your users to replace the owner key only. This will make sure your users won't leak it and do not compromise the account completely. This will not secure liquid tokens obviously but it will prevent the account from being taken over.
Ah it's the seed phrase that you use when setting up the ledger! I remember now! I even tested setting up a new ledger with mine so I should have remembered :P
Look forward to the support for Hive Engine assets in the future.
Thanks again.