Ledger Nano S Firmware Update to Improve Security

According to official blog, new firmare solve a lot of issues

17 April 2018 102

The manufacturer of popular hardware cryptowallets Ledger has released a new version of the software (v. 1.4.2) for Nano S devices.

We are continuously working to improve the security of Ledger devices. As our business grows, we will accelerate our work identifying opportunities to improve the security of our services and products.

Ledger Team

According to the team, these are main improvements

Improving user pin security
Improving recovery phrase security
Getting rid of confusing error messages
Improving application checks

This month, many users of Ledger's crypto-currency wallets faced difficulties in accessing their Bitcoin Cash assets.

Ledger developers are preparing to launch new native applications for desktop and mobile versions that will gather cryptocurrencies in one space and will not rely on Google Chrome or Chromium.

Monero Ledger

Confirmed: Ledger Hardware Wallet to Support Monero

Riccardo Spagni, a member of Monero Core Team, confirmed that Monero will be supported in Ledger hardware wallet

12 April 2018 266

In September of 2017 we have reported about GitHub page from LedgerHQ called blue-app-monero, according to which on Monday, September 4, the process of integration of Monero in Ledger and Blue Ledger Nano S has begun. Now we can certainly say that Monero will be supported in Ledger hardware wallet, as that was confirmed by Riccardo Spagni, a member of Monero Core Team.

...We have to do a bunch of work for it and it becomes painful. We've seen it with Ledger. It has taken a year to get Monero support on Ledger and that's only really coming together now. And it is because of the amount of work and effort that is needed to go into doing that.

Riccardo Spagni

Riccardo Spagni was talking about Monero and privacy on Doug Polk Podcast on April 9, 2018. The member of Monero Core Team said that Monero is already on Ledger, and there are some commits being performed to fix a couple of small issues. He stated that the official Ledger support will go live alongside the Monero 0.12.1 release. Moreover, Riccardo Spagni said some words about Trezor support, stating that Trezor team is currently working on it.

I think that Ledger has kind of blazed the way, there is a lot of stuff that Trezor can suck in from that.

Riccardo Spagni

What is more, he stated that there is a group in Monero community that is also building a hardware wallet which is based on the Trezor's schematics. We believe that it is great news for Monero community as the privacy coin will be finally officially supported on hardware wallet Ledger.