Ledger Nano X Review After One Year (IS IT STILL WORTH IT?)
FULL TRANSCRIPT
ladies and gentlemen people of the
internet if you're wondering if the
ledger nano x hardware wallet is worth
buying well
this is the video for you i got one of
the very first ledger nano x devices off
the press
and i've used it for almost a year now
so i can tell you what's good
what needs work and whether i think it's
worth the money but before we get
started if you're new to the channel
welcome
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thank you in advance
without further ado let's hash it out
to the last
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is
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when the ledger nano x launched about a
year ago i did a detailed review on
youtube that covered all the bases on my
experience with the device
i'll link that up in the description
below along with a link to the ledger
nano x
itself if you want to check that out
however at the time of that review i'd
only gotten to use it for a short period
of time when i made that particular
video
so i think now one year later having
used it a ton
it makes sense for me to give you my
thoughts after using it daily for all
this time
so let's get started with the good stuff
first of all the ledger nano x has been
night and day better than the nano s in
terms of stability and user experience
especially when updating the firmware
which was a huge issue on the nano s for
a lot of people
both on ledger live the mobile app and
the desktop version
managing your nano x device feels like a
refined clearly laid out process
and sending transactions is equally as
easy the nano x
has been a breeze to use update manage
apps on and the built-in battery makes
it easy for me to take the wallet on the
go if needed
and i don't have to sit at my desk
anymore and plug into my desktop
computer to access my wallets
which is an underrated feature in my
opinion in the crypto space
user experience is not often tended to
very well
and that's where this wallet really
stands out from the perspective of
everyday use in my humble opinion it
isn't perfect
it's not the best thing since sliced
spread and i'll talk about some of the
issues in a minute but it's leaps and
bounds ahead of its predecessor
by the way i'll address the most
controversial topic related to the nano
x towards the end of this video
so make sure you stick around for that
the second thing i really like about
this wallet is that you can store up to
100 unique apps on the device at a time
which really maximizes the ability for
you to manage your entire portfolio of
cryptocurrencies all in one place
personally i have around 15 apps 20 apps
on here at any given time
because this isn't my only wallet but i
have a ton of space left over to work
with as i get new cryptocurrencies or i
want to
test out do new different wallets again
this shows that the ledger
team themselves paid attention to its
users and the feedback from the nano s
the storage space itself was terrible on
that device and when it was full it got
really
laggy and buggy the nano x has been
buttery smooth for me no matter how much
space i've used up and no matter how
many apps i have running on it
for those two reasons alone i think the
nano x is a huge upgrade over the nano s
and it's well worth the extra money
but there's more on a semi-related note
i think
the wide-ranging coin support on the
nano x is also a huge benefit
there are close to 1300 maybe even more
cryptocurrencies supported these days
and more keep on coming for someone that
wants something that's easy to use
easy to carry and supports a lot of
coins the nano x is a compelling option
and finally this is a subtle thing but i
really do like it
the screen the screen is clearer and
larger on this device and it makes
everything
easier like i have bad vision like
really bad
vision you can probably tell by like
these crazy magnified glasses that i
have
and the pixely tiny screen on the nano s
was pretty tough for me to see clearly
and it made reviewing addresses while
sending transactions just
really really annoying i couldn't see it
very well the scrolling was too
fast the pixelliness just i didn't like
it
the larger screen on the nanox has a
higher resolution and more space to
review transactions and manage
apps and i love that subtle thing but
you get a stack of two different apps on
top of each other on the screen versus
one
it's great of course there are some
things that i don't like
and chief among them is the size of the
device and its effect
on navigation through the menus by no
means am i a giant
but i have pretty big hands and the
small form factor of the nano x makes
prolonged use of the two button
navigation system
really annoying especially for
recovering your seed phrase or testing
your seed phrase during setup
don't get me wrong the two front facing
buttons the round ones are a vast
improvement over the nano s's top side
switches but it's still just not my cup
of tea
not everyone's gonna care about this and
some people really like it but it's just
my opinion
another thing i don't love on this
device is that the heavier albeit
nicer quality metal frame or hinge piece
that protects the screen i'll show that
to you here
when folded it just it isn't attached
firmly enough on my particular device
i don't know if it was something that
was like a first run build quality issue
that got sorted out afterwards
but it still bothers me it's not seated
on there very well so when i'm using the
nano x and i take my hand off the metal
hinge it just flops down and gets in the
way when i try and go back to use it
minor thing again but a build quality
thing that i wish was not there in the
first place
now the biggest complaint i have about
the nanox itself is the setup process is
just a royal pain in the ass
there's no ifs and or buts about it
whether you're a beginner or a new
like a new person or you're a veteran in
the crypto space it's still just a pain
to set up the device the first time of
course you set up your pin
you get your seed phrase generated you
write that bad boy down safely
and all that's great takes about 20
seconds but then you have to manually
validate the entire 24 word phrase with
the clunky buttons on the device
this is a one-time thing and i
understand that it's done like this for
security purposes so you don't
ham hand your seed phrase and wind up
losing your crypto
i get it but it's extremely arduous and
it was extremely painful for me to do
in my mind there has to be a more
creative way to double check that the
user's correctly recorded his or her
seed
that's a little bit more optimized for
the tiny controls on the device
connectivity wise though i didn't have
any issues connecting bluetooth during
the setup process but i have heard folks
needing to retry it a couple of times
during setup
so take that for what it is i had no
issues but others might have
that being said let's address the
elephant in the room
and that is bluetooth when the nanox was
announced and it was
launched the factions started to form as
usual i think this is not unique to the
crypto space
you had one side of the arena who
lambasted ledger
for including bluetooth which they
viewed as a glaring security hole
and then the other side of the arena who
didn't mind it or really preferred that
feature
let's get down to the brass tacks here
first of all we have yet to see
a notable provable bluetooth related
hack on the nano x in one year of
existence
that's good news in my book all the
people who said we'd see all sorts of
hacking occur as a result of bluetooth
it just didn't materialize that way and
secondly
the bluetooth feature itself does not
expose the private keys or
other secrets on your hot or internet
connected mobile device
it's simply there to receive the raw
transaction to your nano
return the signed transaction back to
your device and then
see confirmations from your device for
different actions
at no point in time is your key exposed
over bluetooth
think about it this way your raw
transaction and your signed transaction
are already hitting the open web this is
nothing new you're broadcasting those
things
this harkens back to the user experience
point that's the core idea behind this
device
i'm not anchored to my desktop computer
upstairs when i want to use my
cryptocurrency
so that's positive the final point i'll
make here on the security model with
bluetooth is that every action like
signing
sending a transaction etc requires
physical confirmations from the user
on the nano s itself where the keys
reside and the keys reside alone
before continuing this way a man in the
middle attack
is mitigated in a lot of ways by
physical user intervention
i understand the fundamental concerns
here about bluetooth but in practice i
haven't seen
anything that indicates that this has
been or will be exploited in any
provable way
except for physical hardware while it
attacks
which many wallets aren't secure from
anyway
maintain physical access to your wallet
at all times and many of these attack
vectors you see on ledger trezor etc and
all these hardware wallets are moot
now that we have that question out of
the way this is the golden one that
everyone wants answered
is this worth the money and should you
pick one up the short answer is yes but
let me elaborate
if you don't have a hardware wallet yet
you need one to get your coins off
exchanges and hot wallets so i think
this is a great option for
a daily use wallet that hits all the key
bullet points
on the other hand if you have a nano s
already i still think it's worth the
upgrade
you're going to get more stability
especially in updating the software and
firmware
more app support and a much better user
experience overall
then you can use your old nano s as a
backup device by recovering your new
nano x's
seed phrase to it and store it somewhere
safe
all in all it's worthy of that 120 price
tag in my humble opinion
now if you do want to pick one up for
yourself please do so using the link
in the description below or the pinned
comment below
that said there are some instances where
you might not want to buy this device
like if you already have something like
a trezor model t or a cold card
or you are only have a handful of
different cryptocurrencies you don't
need the app support
you probably can get away with not
buying this as always though i will link
up some other fun crypto related content
and hardware wallet reviews for you to
check out in case you have some time to
stick around
it'll be right here on the screen thanks
so much for watching guys and until next
time
cheers
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