{"id":250508,"date":"2020-02-14T17:28:39","date_gmt":"2020-02-14T22:28:39","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=250508"},"modified":"2024-06-03T13:27:40","modified_gmt":"2024-06-03T13:27:40","slug":"ledger-and-trezor-clash-again-over-wallets-internal-chips-strength","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ledger-and-trezor-clash-again-over-wallets-internal-chips-strength","title":{"rendered":"Ledger and Trezor Clash Again Over Wallets\u2019 Internal Chips Strength"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">Ledger and Trezor are arguably the two largest and most popular manufacturers of cryptocurrency wallets in the world. Another thing they share in common is a mutual disdain for each other.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Over the past few years, both Trezor and Ledger have released several products to their customers and engaged in various spats- whether subliminal or outright- to assert their control over the crypto wallet industry. That fire just got a new spark.\u00a0<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Chip Superiority on the Line<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Yesterday, Ledger threw yet another series of jabs at Trezor, explaining in a\u00a0<\/span><a class=\"_e75a791d-denali-editor-page-rtfLink\" href=\"https:\/\/www.ledger.com\/academy\/security\/not-all-chips-are-born-equal?utm_source=Twitter&amp;utm_medium=Social&amp;utm_campaign=AcademySecureElement\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">blog post<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0that the internal Secure Element chips in its hardware wallets were of higher quality than the chips of its chief competitor. The post, which was titled \u201cNot All Chips are Born Equal,\u201d compared the three internal chip types that are common to hardware wallet devices- Safe Memory chips, Microcontroller Units (MCUs), and the Secure Elements.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">While Ledger makes use of the Secure Elements chips, Trezor elected to go for the MCUs. Ledger\u2019s post hit against that choice, explaining that the chips used in Trezor wallets were initially designed to be used in TV remotes and microwave ovens, and didn\u2019t have any countermeasures to protect against physical security attacks.\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The Safe Memory chips weren\u2019t left out from the bashing as well. Ledger\u2019s post thrashed the chips. Claiming that they hadn\u2019t been tested by third parties and were vulnerable to side-channel attacks since their private keys were eventually passed to the MUCs- another dig at Trezor.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Marek \u201cSlush\u201d Palatinus, the co-founder of Trezor and chief executive of SatoshiLabs, didn\u2019t take things lying down. In the late hours of the day, he confronted Ledger of being dishonest, adding that the blog post was only conveniently saying just part of the whole story.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u201cDid you know NDA of SE chip vendors prevents wallet manufacturers to talk about security issues to their customers? Trezor is using nonNDA chips so we can be fully transparent and act in your best interest,\u201d he said in a tweet, adding that he would be speaking more about the status of the wallet chip industry at #bitcoin2020- most likely, the San Francisco gathering to be held between March 27 and 28 and which is hosted by Bitcoin Magazine.\u00a0<\/span><\/p>\n<h2><strong><span data-preserver-spaces=\"true\">Obvious Bad Blood between Both Firms\u00a0<\/span><\/strong><\/h2>\n<p><span data-preserver-spaces=\"true\">Ledger has been on the giving end a lot for this particular beef. Last year, the firm published a blog post detailing five damaging vulnerabilities that can be found in Trezor wallets. Trezor responded quickly, pointing out that none of the vulnerabilities that had been reported were particularly critical for hardware wallets.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The firm also pointed out that the vulnerabilities couldn\u2019t be exploited remotely, meaning that any user who experiences any of those would have themselves to blame for losing their wallets.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The animosity between these two firms is unlike any in the crypto firms. Several sub-industries have leaders that probably have some bad blood- Coinbase and Binance among exchanges, Bitmain and Canaan Creative among mining companies, and perhaps Bakkt and the CME for institutional investment firms. However, none of these rivalries are as open and as outlandish as the one between Ledger and Trezor.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">If anything, it does make for good drama.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Ledger and Trezor are arguably the two largest and most popular manufacturers of cryptocurrency wallets in the world. Another thing they share in common is <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/ledger-and-trezor-clash-again-over-wallets-internal-chips-strength\" title=\"Ledger and Trezor Clash Again Over Wallets\u2019 Internal Chips Strength\">[&#8230;]<\/a><\/div>","protected":false},"author":1770,"featured_media":27212,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[7596],"tags":[10355,10354,5245,8684],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.0 (Yoast SEO v22.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ledger and Trezor Clash Again Over Wallets\u2019 Internal Chips Strength - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Ledger and Trezor are arguably the two largest and most popular manufacturers of crypto wallets in the world. 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