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Ledger nano s bitcoin wallet

ledger nano s bitcoin wallet

securely verify any transaction. In other words, secure element chips are extremely difficult and costly to hack, while simple chips, even with software protection, require much less effort. Keeping Our Edge: Certification. The Ledger Nano S is fully-certified. Your crypto assets stay safe even if you lose your Ledger Nano S: a confidential recovery phrase backs up your device, and your accounts can easily be restored on any Ledger device. View more, the Ledger Nano S supports an extensive list of cryptocurrencies, including popular assets like Bitcoin, Ethereum, XRP, Litecoin and more.

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Ledger Live companion app enables you to easily manage your crypto transactions. Very specifically, a secure-element chip is a tamper-resistant hardware platform, capable of securely hosting applications and storing confidential and cryptographic data. This kind of chip is used for highly secure applications, such as protecting biometric data on passports or credit card information. The assets themselves, however, remain on the blockchain. Setting a New Standard: Ledger Nano S becomes the First and Only Certified Hardware Wallet on the Market.

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Additionally, Ledger has developed its own secure element operating system, named bolos - a flexible and open system making it easy to support many crypto assets. View more, while many hardware wallets on the market feature a simple chip, all Ledger hardware wallets are equipped with a smartcard chip, that include a secure element. Simply use the 24-word recovery phrase provided during the initialization of your device to restore your accounts on another Ledger device. Learn More, in the, news, read the latest updates from our experts on security and crypto assets. The Ledger Nano S supports over 1100 cryptocurrencies, including Bitcoin, Ethereum and XRP, allowing you to manage multiple assets with the same hardware wallet. Thats why we designed the Ledger Nano S to be as straightforward and easy to use as possible, all while incorporating highly sophisticated security to protect your assets. This enables Ledger hardware wallets to offer a unique blend of cutting-edge security (secure element) and user convenience (bolos while making sure your crypto assets can resist even sophisticated attacks. How It All Began: A Brief History On Bitcoin Cryptocurrencies. The device is controlled by only 2 buttons, and all actions can be verified on its screen. The Ledger Nano S can simultaneously run up to 18 device applications. Even if you uninstall a device application, the private keys to access your crypto assets remain secure.

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ledger nano s bitcoin wallet