Ledger Flex, Stax, Nano S Plus (Hardware Wallets)

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Short description

Ledger sells a series of hardware wallets which have CC EAL6+ certified secure elements and support Monero through third-party wallet apps (not Ledger Live).

Why I think this tool should be added

In my view/research, Ledger and Trezor are the two most well-regarded hardware wallets on the market, and are both widely supported by Monero wallet software that is compatible with hardware wallets.

Ledger has always been the only hardware wallet with iOS compatibility in Monero on the market (according to Cake Wallet). This will change with the upcoming Trezor Safe 7, but I don’t think the release of that product sets back Ledger’s offerings in any meaningful way, so we are able to recommend both.

We would not recommend the Ledger Nano X as it has not been refreshed in a long time and is their only product still using a CC EAL5+ chip. In theory the difference between CC EAL5+ and CC EAL6+ is not significant for this particular use-case, but the upcoming Ledger Nano Gen5 will be a far better, CC EAL6+ replacement for the Ledger Nano X for iOS users on a budget. Non-iOS users on a budget will be better off with a Ledger Nano S Plus, or a Trezor Safe 5 or 3.

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Cryptocurrency / Hardware Wallets

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Is this more of a spec bump like a CPU in the latest iPhone or does it have an actual technical benefit?

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Common Criteria is a testing standard. The higher EAL number tells you how extensively a product’s security was tested, but it does not tell you anything about how secure the product actually is.

To figure that out you’d have to see what was actually being tested, which you can do by looking at their Security Target document for the test, for example: