The French hardware wallets manufacturer Ledger is in the latest cryptocurrency news for supporting a bigger quantity of Ethereum-based ERC-20 tokens than ever before. As a blog post published on September 5 notes, Ledger Live now supports more than 1,250 Ethereum based ERC-20 tokens and the update has been released on both mobile and desktop versions of the software.
As many best cryptocurrency news sites describe it, the Ledger Live application basically allows users of the company’s hardware wallets including the Ledger Nano S or Ledger X to manage their devices as well as cryptocurrencies.
The firm hinted on support for more assets in the future, noting:
“While the ERC-20 token integration has brought a plethora of new cryptocurrencies to Ledger Live, we still aim to add even more crypto assets to the platform.”
As we reported in our altcoin news earlier this year (in March), Ledger has unveiled multiple vulnerabilities in its direct competitor Trezor and its devices. The Prague based crypto wallet manufacturer (Trezor) has responded to the report and claimed that none of the weaknesses are critical.
Ledger Live is among the leading hardware wallets out there. As their recent blog post announcement shows:
“Our latest version of the application, Ledger Live v.1.14.0, will support 22 coins and an extensive list of ERC-20 tokens. It will also give users the ability to manage a wide array of different crypto assets in real-time, while letting them send and receive coins from their mobile and desktop devices all through a single app without ever compromising control of private keys.”
Moreover, Ledger Live stated that users will never again have to manage different wallets while transacting with Bitcoin, Ether, XRP and more than 1,250 ERC-20 tokens now available on the list – all of which are compatible with their devices.
As they described it, the Ledger Live is a “truly borderless solution by integrating a stellar software” coming in the line of “most trusted hardware wallets on the market” which never relinquish the maximum level of security we embed in each of our devices.
The new update is a major step forward for Ledger Live and one of the many announcements to come.
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