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[Yugocean]

Ledger Wallet is a smartcard-based crypto asset hardware wallet that brings optimal protection level to your cryptocurrencies without sacrificing control or usability. Hardware wallet are special kind of wallet which stores users private key securely in the hardware device. The private key is stored securely in the device microcontroller which makes it less vulnerable to hacks. Hardware wallet are mostly offline and need to be connected to a computer with internet connection in order to transact using the wallet helper software.

Ledger Hardware Wallets are created by Ledger a brand founded back in 2014 which specialize in creating infrastructural and security for cryptocurrencies and blockchain applications.
Currently, Ledger has three variations of it hardware wallet.

1. Ledger Blue
This is a class standard hardware wallet with advanced user experience, it is touchscreen enabled and can be connected to your computer via USB port. Currently, the Ledger Blue support over 30 cryptocurrencies including BTC, ETH and altcoins

2. Ledger Nano S
This is one most popular Ledger hardware wallet, it's really portable, simple, secure and easy to use. It's designed in form of a thumb drive and can easily be connected to your computer via USB port. Ledger Nano S supports over 40 cryptocurrencies allowing you to manage multiple digital asset using one hardware wallet.
3. To mark Bitcoin 10th anniversary, there is the Ledger Nano S - Whitepaper Edition available for sale which share similar characteristics with Ledger Nano S.

Currently, all Ledger hardware wallet support Windows(7+), Mac(10.8+) and Linux.
One thing i really love about Ledger is how they contribute to the open source community, most of their software are open source e.g Ledger Live Applications.

Pros Of Using An Hardware Wallet
1. Very Secure: Hardware wallet is devices which primary function is to secure private key in the best way possible. Most hardware wallet manufacturer makes use of technology used by credit card and bank companies which makes your wallet less vulnerable to hacks.
2. Best Way Of Storing Large Asset: You are regularly advised to only store large asset on a hardware wallet (also sometimes referred to as cold wallet) cause this wallet is alot more secure than a regular hot wallet.

Cons of Using Hardware Wallet
1. Vulnerable To Human Error: Hardware wallet are not immune to human mistakes and can easily be stolen, misplaced or damaged. Although most hardware wallet manufacturer allows users to set a password in order to prevent unauthorized access.
2. Expensive To Replace: Replacing a missing or damaged hardware wallet requires buying a new one.

 

[asumi]

nice can i link these wallet in payza wallet ? or coins.ph wallet ?

 

[Yugocean]

Ledger is a hardware wallet, you can use it to keep your cryptocurrency safe but using it requires the similar technique like a USB storage.
However with other wallets, only those can be used which have such facilities.

 

[jfcuison]

How, where can you get one?

 

[SCAMEXPOSER]

I have watched a video on this wallet is been used and it is very safe but the challenge I see in it is that if one insert in a system and it get corrupted that might be the end of the wallet

 

[tchisom]

Is there any body here who have tried to use this wallet?
I'm interested in knowing what happens when the drive crashes or gets corrupted. That is going to be terrible.

 

[Yugocean]

Ledger Chairman and CEO Pascal Gauthier met with Circle co-founder and CEO Jeremy Allaire for a panel discussion that was about Web3 and regulation in Europe. Gauthier opposes the Internet revolution, the crypto industrial ecosystem, excessive regulation to save millions of jobs associated with it.

 

[Yugocean]

Pascal In Binance Blockchain Week
The Binance-sponsored Blockchain Week that is coming up in the French capital Paris, will be joined by Pascal Gauthier as a speaker on Web3 technology. Pascal might have plans with ledger, he will talk about the important use of the technology for future.

 

[Yugocean]

LedgerX LLC for FTX.us
LedgerX CEO Zach Dexter has announced a futures, options and swaps platform called LedgerX LLC in which crypto is stored on the BitGo+BitGo Trust. Dexter has assured to protect the interests of US FTX customers affiliated with LedgerX LLC.

 

[Yugocean]

Never Share Details

In the name of "Proof of Reserve", some spammers are trying ask users for verification, and claiming this is in the name of transparency. Actually there is no need for this in wallet, this requirement is done in exchange, not for Ledger, which is a hardware wallet.

 

[Yugocean]

Black Friday sale
Aside from the 10% discount on each product, a limited number of $30 and $20 BTC vouchers were also distributed. The sale grew so much that Ledger ran out of vouchers within a few hours.

 

[Yugocean]

0 Fee Purchase
Ledger Wallet has made buying crypto from any exchange (transferring to Ledger Wallet) free of charge through Ledger Live until December 4 to encourage the use of the wallet among its users interested in buying crypto.

 

[ipol12]

There's a discount offer on Coinmarketcap where you can exchange the Diamonds earned on the platform. I'm not sure how much discount percentage but I didn't avail it. My earned Diamonds can avail of it but I don't have enough money to pay for the remaining price after the discount. Hehe

 

[Yugocean]

Ledger Stacks

Tony Fadell, a former developer at Apple, designed a new hardware wallet for Ledger. Ledger Stacks is the name of this brand-new wallet. The Ledger Stacks' unique point is its smartphone-like appearance.​

 

[ipol12]

Ledger Stacks

Tony Fadell, a former developer at Apple, designed a new hardware wallet for Ledger. Ledger Stacks is the name of this brand-new wallet. The Ledger Stacks' unique point is its smartphone-like appearance.​

I see. I don't have one though. I'm considering Ledger nano as a friend on Hive from Washington has suggested. I'm saving up money so I can buy hardware wallet. There are discounts online which can be availed.

 

[Yugocean]

I see. I don't have one though. I'm considering Ledger nano as a friend on Hive from Washington has suggested. I'm saving up money so I can buy hardware wallet. There are discounts online which can be availed.

Ledger Nano is another hardware wallet from Ledger, while Stacks is another one. The best thing is that Tony Fadell is known as the man behind developing iPhone and iPad, so this new wallet might be designed to combat Apple.

 

[ipol12]

Ledger Nano is another hardware wallet from Ledger, while Stacks is another one. The best thing is that Tony Fadell is known as the man behind developing iPhone and iPad, so this new wallet might be designed to combat Apple.

I see. Thanks for the clarification. I was enlightened about Ledger Nano. I'll look out for some discounts online so I can buy one. Tony Faddell is surely a man in technology. He might create something that's better than when he did while still on Apple.

 

[Yugocean]

Miniscript Announced
According to Ledger CTO Charles Guillemet, a Bitcoin app that supports Miniscript is included in the new version of the Nano Bitcoin application. Consumers are able to upgrade their app on Ledger Live.

 

[Yugocean]

Ledger strengthens Referral promotion

Ledger has expanded the referral program. Currently, Ledger gives $10 in Bitcoin to those who bring in a referral; from now on, those referrals will also receive $10 in BTC. That means, apart from the one who brings the referral, the one who becomes the referral will also get the gift.​

 

[Yugocean]

AMA
The Ledger Support Team is doing the first live AMA of 2023 today at 5 PM CET. In this setting, people can ask all their questions. Those who are unable to attend have the option of asking questions on related social media posts.