Google appears to be making good on their promised gradual-and-long-announced phase-out of support for Google Chrome apps. The scuttlebutt is that not enough people are using them (reportedly, less than 1%) to make continuing to support them outside the Chrome OS worthwhile.
This presents an issue for users of Ledger hardware wallets, as the native apps on the wallet are currently updated only via the Ledger Manager Chrome app, though an update is coming to resolve this issue. Owing to the deprecated support for Chrome apps, this has caused some Ledger users problems recently in updating their wallets, and caused more users to hit the "memory fragmentation" issue, wherein installing and uninstalling many apps on the Ledger wallet can eat up disk space, forcing a system reset.
As for MyEtherWallet, I mentioned this tidbit in my previous post, but it is important enough that it bears repeating. It would appear that one of the "co-founders/owners" decided to unilaterally rebrand MyEtherWallet as "MyCrypto" - a move that has spooked both users and the "proper" public facing operator of MEW. This is "unofficial", and should be rolled back, but nevertheless this is what happened.
This is particularly important for owners of Ledger-brand hardware wallets, such as the Nano S, since MyEtherWallet is the only supported means for securing ERC20 tokens. If MEW becomes an insecure option, the list of coins/tokens supported by Ledger will be cut by a huge proportion.
Unfortunately, this comes at a bad time for Ledger, which I have otherwise considered the top hardware wallet option since the Trezor "private key extraction" issue. There have been sporadic reports of users having problems with bricked ledgers, and plenty of users have been having difficulty with updating Ledger apps since they rely on the aforementioned Google Chrome apps - a definite problem, since updates are often necessary to send coins. If you are locked out of updates, your coins are "stuck" on your ledger until you resolve the issue.
I'm not aware of any options better than the Ledger, and I still recommend it with some reservations, but take extra care when moving your coins, and remember that no single place can be entirely secure.
At least not until someone figures out how to etch private keys in "invisible" elvish script.
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Sources: Reddit, Ledger, MacRumors.com, Google
Copyright: Google, OMGChrome.com, TungstenAffinity.com
What a big mess. I have just ordered a Nano S. I hope these things are solved otherwise I have just thrown 100€ down the drain.
I think elvish script is an excellent idea... 🐧
This is indeed helpful!
Thanks for sharing.
Thanks you so much sharing your new post..I alwys see your post..
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Bad thing that the hardware wallets are ultimately not as secure or as easy to use as they were designed to be.
But the chrome issue should not be difficult to resolve if given enough time. There are other ways of handling apps than using google platform.
And if we think about it, it’s totally normal for there to be these type of problems because crypto is a new technology, it is just starting to take form and having difficulties is completely normal in the first phase.
Everyone who gets involved in crypto should know difficulties may arise from to time, we just need to have patience while they are fixed, or finding ways to figure out what to do so to not be affected because of this little issues.
Gonna take this into account when the time comes due I don't own a physical wallet... Yet!
Good post good work, I like it.
don't you think this move will hurt google's income stream is quite a huge move.
Really bad cause i use my online wallet. If this issu got problem then i can't able to use them.
Good, steady, good luck on your success, long life and healthy always, do not forget also my post will remain in steemit
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fantastic!
Sorry about this development; hope you'll find an alternative soon.
don't you think this move will hurt google's income stream is quite a huge move.
thanks for this educative message,am waiting to pay attention on your upcoming posts
Don't forget to vote back.. 👌
Thanks a lot for all this valuable information. I'm pretty much only using firefox and wonder, if there will be similar issues. Been thinking about getting a Ledger hardware wallet, but with what you write, it looks, like I better wait, until these things are resolved...
Thanks for the update.
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