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Crunchy information on Ledger!

Yesterday morning started the third edition of Surfin’bitoin, the largest conference dedicated to the Bitcoin (BTC) blockchain in Europe. Cointribune went there to relay you new scoops from companies in the ecosystem. And guess what? Ledger showed us all the colors!

Ledger hardware wallet for cryptocurrency with golden bitcoin and ethereum

Ledger announces big changes

Interviewed by Raphaël Bloch, journalist and co-founder of The Big Whale, Pascal Gauthier and Charles Guillemet, respectively CEO and CTO of Ledger, made some confidences about current and upcoming developments at the manufacturer of wallets french crypto.

First of all, Pascal Gauthier argued that the first half of the year had been satisfactory for Ledger, which had experienced growth of 15%. Then he recalled that, even though the bear market has slowed down the industry as a whole, companies in the sector must see this as an opportunity to rebuild and develop new products.

In the aftermath, the Ledger representative also announced the support of StakinSat. Therefore, users of the wallet they will now be able to set up a bitcoin savings plan via Ledger Live in a simple and secure way. In addition, they will also have the opportunity to automatically buy bitcoin from this platform.

Some technical developments

Subsequently, Charles Guillemet spoke about the technical aspects under development. For him, the censorship that Tornado Cash has suffered recently has reinforced the idea that decentralization remains the best protection. That’s why Ledger is working on different tools to enable its customers to be more resilient.

In this vein, the company has added the Miniscrypt feature on Ledger Nano to promote the decentralized management of bitcoin. In addition, she is currently working on the integration of the decentralized TOR browser into the Ledger Live. The goal is to anonymize communications so that they are resistant to censorship.

In addition, the firm plans to add a new feature very soon allowing validators to rotate their nodes from the Live Ledger. The interface should also accommodate a range of tools aimed at developers. The goal is that they can program decentralized applications (dApps) there and create their own cryptos there. In addition, the Ledger Live will also integrate a dApps explorer and compatibility with the Ethereum Virtual Machine (EVM). We should also expect that it will soon be possible to deploy dApps inside the Ledger.

Security is a major issue at Ledger

In the crypto ecosystem, as in all technological spheres for that matter, cybercrime is on the rise. To reduce its exposure, Ledger undertakes to limit data collection as much as possible. Even more interesting, Dungeon, a team of experienced hackers, works internally at the manufacturer with the main mission of hacking the company’s products. The objective is to detect their flaws and correct them before placing them on the market.

Throughout their speeches, the company’s representatives reaffirmed their vision: to make hard wallets Ledger the portfolios of tomorrow. The major challenge is to ensure that people who are less familiar with the technology can use it without difficulty.

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Junie MAFFOCK avatar
Junie MAFFOCK

I came to blockchain out of curiosity and I stayed there out of passion. I was amazed by the possibilities it offers through its various use cases. With my pen, I hope to help democratize this technology and show how it can help make the world a better place.

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