The Sunday and Monday after FTX went bankrupt were the two highest traffic days ever for Ledger. November was its best month for sales after that. It is a wonderful moment to be a crypto hardware wallet maker. After the collapse of FTX, digital asset owners have learned that third-party crypto storage is perilous. Ledger has recently introduced a brand-new hardware wallet.
At its Ledger Op3n event in Paris today, France-based Ledger uncovered a new addition to its hardware wallet portfolio, citing continued high demand for its existing Ledger Nano line. In the first quarter of 2023, Ledger Stax will be launched with an e-ink display, making it more interactive than prior wallets.
How it works: Hardware wallets are a safe way to store crypto assets that don’t link up to the internet unless needed. This helps keep them very safe from cybercriminals. A numeric code, the private key, is utilized to manage blockchain assets. As long as nobody has access to this private key, the assets remain safe. Hardware wallets also enable users to send transaction messages without ever revealing the private key to an attacker.
The new Stax model was envisioned to be “a ‘user-delightful’ tool, to bring digital asset security to the rest of us, not just the geeks,” Tony Fadell, who designed the new device in collaboration with Layer, said in a statement. Fadell was the vice president of Apple’s iPod division and the founder of Nest, which Google later acquired.
demand for existing Ledgers has not decreased. Although Best Purchase began stocking them in September, they have been regularly unavailable since the recent economic crisis, according to the company.
In more detail, e-ink is made up of small particles that can be made to alter colors. Unlike a normal computer screen with backlighting, once they flip, they don’t need any power to stay that way, so they are really just like ink. The Amazon Kindle and the Kobo, which competes with it, are two of the most common ways that people use e-ink.
Source NFT NEWspro
