Ledger’s new bitcoin hardware wallet has an inbuilt Bluetooth antenna.
The France-based crypto company revealed the new device during this year’s Consumer Electronics Show at Las Vegas. Dubbed as Nano X, the wallet would support mobile devices like any another Bluetooth-ready device. Ledger expects that Nano X would reduce the necessity of plugging bitcoin wallets to computers and laptops which, according to many, has remained a tedious task. The new device would allow users to connect their crypto wallets with their phones directly over a Bluetooth connection, enabling them to manage their crypto assets more quickly.
Ledger CEO Eric Larchevêque stated that they would launch a mobile application which would support the Nano X wallets. He also clarified that the external software would only facilitate the sending and receiving of crypto transactions; the hardware device will store the keys and will not share it across the Bluetooth link.
“The Ledger Nano X offers state-of-the-art security: your private keys are safely isolated inside the device’s certified secure element (CC EAL5+), the same chip used in highly secure applications such as credit cards and passports,” a description of the Nano X device read.
The company will launch its mobile application for Android and iOS devices on January 16.
Support to 100 Applications
The latest Ledger Nano X also features also possess much higher storage than its older versions, to enable users to integrate more wallet applications. The wallet also enables different software wallets to interact with different protocols, so to ensure that users do not accidentally send cryptos on a wrong protocol.
As a result, Nano X supports up to 100 wallet applications at once, a six times increase over the Nano S Wallet.
“The Ledger Nano X can store up to 100 applications at the same time, including Bitcoin, Ethereum, XRP and many more. Manage all your assets on the same device, at the same time,” said the company.
“Are you going to discontinue support for the Nano S like you did with the Nano, which meant we all had to get new devices,” questioned one of the Ledger Nano S users.
Similar questioned popped up on the Ledger’s official Twitter page wondering whether or not the company would require them all to upgrade from Nano S to Nano X. One of them questioned the company about its Ledger Blue wallet, which has been promised a Bluetooth-upgrade, stating:
Other reactions found the Bluetooth-ready feature unsafe for a crypto user, stating that wireless compatibility would simply expose the wallets to more risks of theft and hacks.
Last modified: March 4, 2021 2:30 PM