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RE: JavaScript library for Ledger Nano S HIVE application

in HiveDevs5 years ago

Great that you recognized how important this security aspect can be for stakeholders. I think this is a very important step that is sometimes underestimated.

One quick question; Securing my Hive Key then also covers all tokens running on Hive Engine - correct?

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That's right. You store your private keys inside your hardware wallet and they will never leave it. You sign the transactions with Ledger so you can't copy-paste your keys somewhere by accident. Although, there is no need to keep every key in a ledger (for example posting key).

Yes, I was aware of that. I'm relatively familiar with it in principle, just don't fully understand this hive engine extension.

And it was unclear to me how to "get" an existing account into the ledger, but that will probably be similar to EOS, where you also have named addresses.

Thanks for the answer.

This functionality will search for the accounts with public keys associated with your ledger.

I.e. there is no provision for "migrating" an existing account to a ledger? Or have I now misunderstood something?

There will be an option to do that