Nano X to be Used with Mobile Devices. Ledger Going Mobile

The annual Consumer Electronics Show (CES) in Las Vegas, confirmed the rumors that Ledger will go mobile. The new Bluetooth-enabled Nano X device was revealed yesterday and it did not fail to impress. With the added Bluetooth, the Nano X can now be easily used with mobile devices.
This has been a big problem for many Ledger S. users. In general, most of the world uses mobile computing. Laptop and desktop usage has gone down tremendously in the last 5 years alone.
During the demonstration, Eric Larcheveque stated the simple fact that the mobile app works with Nano X is huge. The connection of the Nano X via Bluetooth, can give us the security of Ledger, but with mobile’s form factor. This is very important since Ledger devices store keys, but writing and sending transactions is done by an external app on a computing device.
At the moment, there is no price announced for the Nano X. Larcheveque however, mentioned that as soon as the Nano X goes live, the Nano S will have its price reduced. Currently you can buy the Nano S for $69.99 and according to the Ledger official website, over 1.3 million of these devices have been sold.
The new device has a number of changes which will prove to be of great help to the users. A slightly bigger screen will always be of help due to the fact that every extra pixel results in extra usability. Ledger’s security approach also requires a lot of actions to be done on the hardware device itself. Additionally, the mobile application will be available on Google Play and iTunes starting January 16th.
The Nano X will definitely be an improvement
When it comes to memory, the Nano X has plenty of it. Most people would argue that memory isn’t really important in a hardware wallet. On the contrary however, with the addition of new tokens, the crypto ecosystem is evolving into something more complex.
This is why different software is needed to interact with different protocols. And with security standards being set extremely high by Ledger, the company decided that each protocol needs to have its own app for token transactions.
Larcheveque wants many third-party developers to invest time in app development. That’s why he wants to make sure, these apps can only sign transactions for their own private key.
Additionally, users with a single app open, cannot accidently sign a transaction on the wrong protocol. According to official data, the Nano X will be able to store the apps for up to 100 crypto assets, which is a 6-fold increase over the Nano S.
You can also check out:

Consensys Accelerates Blockchain Investment Portfolio, Consolidates Investment Arms
Wednesday May 08, 2019

The post Consensys Accelerates Blockchain Investment Portfolio, Consolidates Investment Arms written by Richard Kastelein appeared first on Blockchain News – Security and Utility Tokens, Tokenomics, Cryptoeconomics ConsenSys, coming off the back of a massive 21 investments the firm has completed in 2019, is strengthening its strategic commitment to entrepreneurs solving critical infrastructure and scalability needs

Fortnite Store Now Allows Players to Use Monero
Coinmine One: Making Mining Part of Everyday Life
Waves Platform Raised $120 Million for the Waves Private Blockchain
Bitcoin BUg: New Network Flaw Could have Destroyed Bitcoin’s Price

Mercury FX Makes History Completing First Commercial Payment with Ripple’s xRapid
Thursday March 07, 2019

CoinSpeaker Mercury FX Makes History Completing First Commercial Payment with Ripple’s xRapid Ripple its XRP have been making a lot of headlines lately. The company has great expansion plans that have been boosted by the recent announcement from its partner – Mercury FX. On March 5, Mercury FX, global currency exchange provider, announced it had completed its first live

The post Nano X to be Used with Mobile Devices. Ledger Going Mobile appeared first on CoinStaker | Bitcoin News.