Hey everyone, I'm new to using the Ledger Nano S with MEW wallet. So I log in and it pops up with five different MEW addresses. Are they all mine? Who set up those accounts? Also, why can't I find the private key when I access these addresses? And do I not need a password like I would with a regular wallet? I'm a bit confused about how this all works. Can someone break it down for me? Appreciate it.
Ledger Nano Ethereum Wallet
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stack_2017Senior Member
Posts: 201 · Reputation: 1389
#2Mar 6, 2023, 08:34 PM
Consider Myetherwallet as an interface to interact with your Ledger nano S. You will still need to enter the PIN to unlock your Ledger or confirm the transactions from the device. The addresses are yours, pre-generated from your seed.
Ledger has its own HowTo for MyEtherWallet, have a look: https://support.ledgerwallet.com/hc/en-us/articles/115005200009-How-to-use-MyEtherWallet-with-Ledger
There are also a ton of guides, blog articles and videos available: https://www.youtube.com/watch?v=_RvDPQHERtc
These wallets have already been built in you ledger nano s. When I'm bought trezor I got 5 eth addresses for my device. You can check your own cabinet on ledger where you can configure all functions
Thank you, but how come I am not able to see the private key for those pre-built 5 accounts? does it mean, I don't need private keys for those accounts?
Hello imteaz, look here:
https://bitcointalk.org/index.php?topic=3716414.msg36892685#msg36892685
I hope the information will help you. All the best
eric_diamondFull Member
Posts: 99 · Reputation: 687
#7Mar 8, 2023, 10:08 PM
The private-key is inside your Ledger. Putting in a simple way, MEW uses your public key (address) to see your balance and build the transaction, which its sent to the Ledger device, signed with the private-key and sent back to the computer, where its broadcasted. The private-key never leaves the device (reason why you can't see them, and why hardware wallets are so secure compared to normal desktop wallets).
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