[BelgianBeerGuyParticipant]

Node vs Ledger. Atm I have my sats stored on my ledger, but friends are pushing me to move them to a node. I’m not tech savvy, and building a node seems like a hassle in comparison to the ease of a ledger. What’s the better thing to do? What are the pros/cons of both systems?

[frunf1]

Complete different things. Not comparable.

[castorfromtheva]

Setup a fullnode. Setup Electrum Server along with your fullnode. Install Electrum on your PC. Connect Electrum desktop to your Electrum server. Create a new wallet in Electrum where in setup you choose ‘Use hardware wallet’. Connect ledger to PC hit next until wallet creation is finished. Now you have both. Your funds stored highly secure on a hardware wallet which itself is connected to your own private fullnode. Very secure yet private setup!

But don’t simply move your funds into a bitcoin fullnode, which basically is a software hot wallet. Then rather keep it on your hardware wallet.

[TheGreatMuffin]

The Ledger is supposed to be connected to your node. Otherwise it is connected to someone else’s node (Ledger’s) and that node can spy on you (know that all your addresses belong to your wallet, your IP, your usage patterns etc), and can feed you incorrect data.

Some more examples of Ledger’s data collection in a recent thread: https://old.reddit.com/r/Bitcoin/comments/z8mgon/dont_trust_ledger/

[Charming_Sheepherder]

If you dont feel comfortable dont do it.

Learn and then do it. Be slow and deliberate.

They arent on an exchange and thats the important part.

Start a node and let it run. You can pitch in while you learn and connect to it when you feel safe.

Sparrow wallet is very user friendly and gets you away from the ledger s coin wallet.

No need to move your funds around. No need to enter keys.

[Simple-Afternoon4173]

bitcoin is not stored in the wallet or in the node.

[Marquez95]

Good job guys

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