Currencies29336
Market Cap$ 2.43T-0.59%
24h Spot Volume$ 29.58B-5.61%
DominanceBTC51.07%+0.06%ETH17.08%-0.24%
ETH Gas3 Gwei
Cryptorank
MainNewsLedger Start...

Ledger Starts Shipping New Ledger Stax Hardware Wallet


Ledger Starts Shipping New Ledger Stax Hardware Wallet
May, 28, 2024
3 min read
by CryptoPolitan
Ledger Starts Shipping New Ledger Stax Hardware Wallet

Ledger, a French startup has finally commenced shipping its new-generation device, the Ledger Stax to pre-order customers, almost 18 months after the initial announcement. First pre-orders, according to the firm will be made in the coming weeks, while new orders will be available in the summer of 2024.

Also read: Mt. Gox Wallets Transfer $10 Billion in BTC to Unknown Address

The company indicated it has sold over 6 million devices to date and estimates it secures about 20% of the world’s crypto assets. It currently supports more than 10,000 coins and tokens on over 70 blockchains on Ledger Live, and about 200 dApps integrated into its system.

Ledger Breaks New Ground

The latest edition, which is a collaboration with one of the key designers of iPod, Tony Fadell, features an E-Ink display. In an announcement by Ledger CEO Pascal Gauthier, the new device scores a first in many aspects.

“It is the first secure touchscreen; the first time a touchscreen user interface has been driven by a secure element chip, which is crucial for crypto security,” he said in a blog post.

“It’s also the first curved E-Ink display ever built, the first display using organic semiconductor materials on plastic substrates rather than silicon materials on glass, and the only screen made at less than 100 degrees,” explained Gauthier.

The E-Ink technology is commonly used in e-book readers for instance Amazon Kindle and Rakuten Kobo, and provides a clearer display in daylight while using minimal power. Now, Ledger plans to list the Ledger Stax on its website once there is enough stock after fulfilling all pre-orders.

Delays in Shipment Due to Production Challenges

Ledger has targeted the high-end market with its device, initially sold it for about $300 during the pre-order period. The company acknowledged the delays in shipping the hardware wallet as the firm paid more attention to detail in the production.

Gauthier indicated the E-Ink display integrated with the Ledger Stax was more challenging than was initially anticipated.

“This first-of-its-kind display was much more difficult to bring to mass production than anticipated and the delivery of Ledger Stax is late as a result.”

Pascal Gauthier

The Ledger Stax has a larger display, unlike its counterparts, in addition to touch screen that directly interacts with device’s secure element. The latest device, according to the company offers enhanced user-friendliness unlike arrow buttons found on other Ledger wallets Nano S Plus and Nano X.

Also read: Trump Wants to Use Bitcoin to Save U.S. Economy

According to Techcrunch, while Nano S Plus exclusively functions with a USB-C cable, “both the Nano X and Stax include a Bluetooth chip.” Therefore, users can transact from their phones, validate the transactions on their hardware wallets without need for wires.

The new Stax device also marks a production partnership with consumer electronic manufacturing firm Foxconn. Prior to this, the company used to assemble its devices in Veirzon in France, although the Nano S Plus and Nano X will still be made in Vierzon.


Cryptopolitan reporting by Enacy Mapakame 

Read the article at CryptoPolitan

Read More

Cardano Founder Urges Caution On AI Risks Amid Robinhood’s Technological Push

Cardano Founder Urges Caution On AI Risks Amid Robinhood’s Technological Push

Cardano founder Charles Hoskinson has raised the alarm over the implications of artif...
Jul, 01, 2024
2 min read
by Bitcoinist
Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level

Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level

A crypto analyst has uncovered a new technical pattern in the Cardano price movements...
Jul, 01, 2024
2 min read
by NewsBTC
MainNewsLedger Start...

Ledger Starts Shipping New Ledger Stax Hardware Wallet


Ledger Starts Shipping New Ledger Stax Hardware Wallet
May, 28, 2024
3 min read
by CryptoPolitan
Ledger Starts Shipping New Ledger Stax Hardware Wallet

Ledger, a French startup has finally commenced shipping its new-generation device, the Ledger Stax to pre-order customers, almost 18 months after the initial announcement. First pre-orders, according to the firm will be made in the coming weeks, while new orders will be available in the summer of 2024.

Also read: Mt. Gox Wallets Transfer $10 Billion in BTC to Unknown Address

The company indicated it has sold over 6 million devices to date and estimates it secures about 20% of the world’s crypto assets. It currently supports more than 10,000 coins and tokens on over 70 blockchains on Ledger Live, and about 200 dApps integrated into its system.

Ledger Breaks New Ground

The latest edition, which is a collaboration with one of the key designers of iPod, Tony Fadell, features an E-Ink display. In an announcement by Ledger CEO Pascal Gauthier, the new device scores a first in many aspects.

“It is the first secure touchscreen; the first time a touchscreen user interface has been driven by a secure element chip, which is crucial for crypto security,” he said in a blog post.

“It’s also the first curved E-Ink display ever built, the first display using organic semiconductor materials on plastic substrates rather than silicon materials on glass, and the only screen made at less than 100 degrees,” explained Gauthier.

The E-Ink technology is commonly used in e-book readers for instance Amazon Kindle and Rakuten Kobo, and provides a clearer display in daylight while using minimal power. Now, Ledger plans to list the Ledger Stax on its website once there is enough stock after fulfilling all pre-orders.

Delays in Shipment Due to Production Challenges

Ledger has targeted the high-end market with its device, initially sold it for about $300 during the pre-order period. The company acknowledged the delays in shipping the hardware wallet as the firm paid more attention to detail in the production.

Gauthier indicated the E-Ink display integrated with the Ledger Stax was more challenging than was initially anticipated.

“This first-of-its-kind display was much more difficult to bring to mass production than anticipated and the delivery of Ledger Stax is late as a result.”

Pascal Gauthier

The Ledger Stax has a larger display, unlike its counterparts, in addition to touch screen that directly interacts with device’s secure element. The latest device, according to the company offers enhanced user-friendliness unlike arrow buttons found on other Ledger wallets Nano S Plus and Nano X.

Also read: Trump Wants to Use Bitcoin to Save U.S. Economy

According to Techcrunch, while Nano S Plus exclusively functions with a USB-C cable, “both the Nano X and Stax include a Bluetooth chip.” Therefore, users can transact from their phones, validate the transactions on their hardware wallets without need for wires.

The new Stax device also marks a production partnership with consumer electronic manufacturing firm Foxconn. Prior to this, the company used to assemble its devices in Veirzon in France, although the Nano S Plus and Nano X will still be made in Vierzon.


Cryptopolitan reporting by Enacy Mapakame 

Read the article at CryptoPolitan

Read More

Cardano Founder Urges Caution On AI Risks Amid Robinhood’s Technological Push

Cardano Founder Urges Caution On AI Risks Amid Robinhood’s Technological Push

Cardano founder Charles Hoskinson has raised the alarm over the implications of artif...
Jul, 01, 2024
2 min read
by Bitcoinist
Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level

Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level

A crypto analyst has uncovered a new technical pattern in the Cardano price movements...
Jul, 01, 2024
2 min read
by NewsBTC