Blockchain Releases Hardware Wallet Co-Developed With Ledger

Blockchain Releases Hardware Wallet Co-Developed With Ledger
ôîòî ïîêàçàíî ñ : bitcoinmagazine.com

2018-10-26 19:38


Google Ventures-backed Blockchain is debuting a hardware wallet that integrates with its software services, a press release shared with Bitcoin Magazine details.

In a partnership with hardware wallet manufacturer Ledger, the cryptocurrency software company has developed what it calls “a custom hardware device.” Dubbed the Blockchain Lockbox, the wallet, like Ledger’s own suite of products, will allow users to store their private keys offline in the device. This practice, referred to as cold storage, is considered a safer alternative to hot storage, wherein private keys are held in software connected to the internet.

According to the release, existing Ledger users “will be able to pair their Nano S devices” to the Lockbox, and a representative told Bitcoin Magazine that "it will also facilitate crypto-to-crypto trades through Blockchain’s native brokerage, Swap." When asked which coins the wallet would support, the representative said that "Lockbox will mainly support Bitcoin, Ether and Bitcoin Cash. Though, the teams are in the works to add support for additional asset depending on user demand."

“We’re thrilled to offer the Lockbox to Blockchain users so they can easily manage their funds online and offline seamlessly,” Peter Smith, CEO and co-founder of Blockchain, said in the release.

The wallet will interface directly with Blockchain’s software wallet, and it will be exclusively compatible “only with Blockchain’s software,” a Blockchain representative told Bitcoin Magazine. This will allow users to manage their hardware wallet’s holdings using the software, while also offering what Smith calls “more functionality than previously existed” by giving users the flexibility to transfer funds back and forth from the Lockbox to Blockchain’s software wallet.

Ledger’s president, Pascal Gauthier, called the partnership “a natural fit,” stressing the importance both companies — and the crypto community at large — place on cyber security.

“With stories about crypto hacking continuing to dominate headlines, it’s obvious that security must be top of mind for all stakeholders in the crypto space. With the combined forces of Blockchain and Ledger, users are truly getting the best of both worlds,” he said.

Though seemingly hyperbolic, Gauthier isn’t exaggerating when he says hacks “dominate headlines.” The first month of 2018 saw the biggest hack in the industry’s history since Mt. Gox, and Japan alone has suffered over half a billion dollars worth of losses this year.

The hardware wallet is open for preorders today, October 25, 2018, with delivery slated for mid-November, and the press release indicates that early customers will receive a “special edition blue version” of the wallet.

This article has been updated to include commentary from a Blockchain representative that Bitcoin Magazine received after the article was published.


This article originally appeared on Bitcoin Magazine.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

High Performance Blockchain (HPB) íà Currencies.ru

$ 0.0100291 (+7.61%)
Îáúåì 24H $25.057k
Èçìåíåèÿ 24h: 5.20 %, 7d: 30.40 %
Cåãîäíÿ L: $0.0090557 - H: $0.0100291
Êàïèòàëèçàöèÿ $732.823k Rank 1812
Öåíà â ÷àñ íîâîñòè $ 0.6839 (-98.53%)

blockchain wallet software bitcoin hardware ledger users

blockchain wallet → Ðåçóëüòàòîâ: 126


Ôîòî:

Blockchain Reveals New ‘Lockbox’ Hardware Wallet Made By Ledger

Cryptocurrency data and wallet provider Blockchain (formerly Blockchain. info) has announced it will offer users a dedicated hardware wallet in a new partnership with Ledger. A Blockchain-Only Hardware Wallet In a press release October 25, Blockchain said it was working with the French hardware wallet manufacturer to produce a device “exclusively compatible” with its online wallets.

2018-10-25 15:00


Ôîòî:

CoinText SMS-based Cryptocurrency Wallet Launches in Brazil and Other European Nations

CoinText. io, a digital assets wallet that makes it possible for users to send and receive cryptoassets like Dash (DASH), litecoin (LTC) and bitcoin cash (BCH) via short message service (SMS) without smartphones or even internet connection, is now live in Brazil, Poland, Croatia and Romania, expanding its list of supported countries to 31, reported  Finance Magnates on October 22, 2018.

2018-10-24 13:00


Ôîòî:

Chinese Startup Cobo Builds Ultra-Secure Self-Destructing Bitcoin Hardware Wallet

China-based cryptocurrency company Cobo has developed a new hardware wallet which provides innovative new security features to ensure that user funds are kept secure. The Cobo Vault Cobo refers to its Cobo Vault as “the world’s first all-around secure, military-grade cryptocurrency hardware wallet,” and this description seems to be justified.

2018-10-19 20:00


Institutional crypto provider Quantreq teams with Cryptonomic for insured hot wallet

CryptoNinjas Quantreq Capital Markets, an international provider of cryptocurrency capital market services and the first crypto fund-only administrator with over $1 billion in assets under administration, announced today its partnership with blockchain technology developer and engineering firm Cryptonomic to further assist in the development, deployment,.

2018-10-18 01:49


Ôîòî:

How Monero Are Improving Human Rights With XMR

 Listen Here – https://soundcloud. com/cryptodaily/how-monero-are-improving-human-rights-with-xmr Monero is considered to be the privacy coin, the currency of choice for absolute privacy. Now, privacy doesn’t necessarily mean security and we should remember that 2018 has seen a tonne of ‘Monero mining’ hacks, calling into question some of the projects integrity.

2018-10-12 17:00


Blockchain Business in Crypto Valley Has Doubled Since Last Year: Report

The number of blockchain-related companies in Switzerland and Liechtenstein has doubled in the last year, according to a new study published by CV VC. The Zug-based firm, in partnership with Strategy& (PwC’s global consulting arm) and inacta, compiled information about the top 50 blockchain and digital asset companies between the two countries.

2018-10-11 00:18


Ôîòî:

South Korean Messenger KakaoTalk Releases Blockchain Platform Klaytn

Ground X, the blockchain development arm of South Korean mobile platform Kakao, announced October 8, 2018, the debut of their blockchain platform “Klaytn. ” Ground X Releases Platform Alongside the actual platform, Klatyn has also released tutorials and toolkits to allow blockchain developers to leverage its tech, as well as a wallet, blockchain explorer, and BLASQ, their take on an incentivized.

2018-10-9 21:00