4+ Million People Can Now Store EGLD, NFTs And ESDT Tokens On Ledger Hardware Wallets, And 1.5+ Million People Can Use EGLD From The Ledger Live Wallet App
We’re excited to announce that EGLD is now available in the popular Ledger Live wallet app that more than 1.5 million people use to manage their crypto holdings.
Furthermore, with the newly released Elrond Ledger app v1.0.17, more than 4 million hardware wallet owners can now securely store their MEX, RIDE, NFTs and any other kind of ESDT token.
As a result, Maiar DEX users and NFT owners can now enjoy an additional layer of security by managing their assets and operations directly from cold storage. Thanks to the easy integration of Ledger authentication with any dApp, security is further boosted for any Elrond user.
An outstanding fact is that the Elrond core devs are the first team to author the integration of their blockchain in Ledger Live - they also wrote the Elrond app for Ledger Nano! - using the open source code and tools available in the Ledger Development Portal.
In continuous close collaboration with the Ledger development team, the Elrond core devs will add more functionality to the Ledger Live application, such as ESDTs, staking, NFTs and smart contract management.
“The Elrond Network is a radically new blockchain architecture, designed from the ground up for unprecedented scalability and efficiency. We took it upon ourselves to write the integration with the powerful capabilities of the Ledger hardware wallet and applications, to ensure that our users get maximum security and compatibility for their EGLD, NFTs and ESDT assets.” said Lucian Mincu, Elrond Network CIO.
“The Elrond team developed the Elrond Nano application and the support of Elrond in Ledger Live in full autonomy using our SDK and documentation. We are happy to offer best-in class security for this project. This is just the beginning of our collaboration. Many more features and services on the Elrond blockchain will arrive soon.” said Fabrice Dautriat, Head of Platform at Ledger.
EGLD is now fully available on the Ledger Live desktop app, with the mobile app integration to follow shortly.
About Elrond
Elrond is the internet-scale blockchain, designed from scratch to bring a 1000-fold cumulative improvement in throughput and execution speed. To achieve this, Elrond introduces two key innovations: a novel Adaptive State Sharding mechanism, and a Secure Proof of Stake (PoS) algorithm, enabling linear scalability with a fast, efficient, and secure consensus mechanism. Thus, Elrond can process upwards of 15,000 transactions per second (TPS), with 6-second latency, and negligible cost, attempting to become the backbone of a permissionless, borderless, globally accessible internet economy.
About Ledger
Founded in 2014, Ledger is the global platform for digital assets and Web3. Over 15% of the world’s crypto assets are secured through Ledger Nanos. Headquartered in Paris and Vierzon, with offices in London, New-York and Singapore, Ledger has a team of more than 500 professionals developing a variety of products and services to enable individuals and companies to securely buy, store, swap, grow and manage crypto assets – including the Ledger hardware wallets line with more than 4 millions units already sold in 180 countries.
Ledger combines a hardware wallet: Nano S or Nano X and the Ledger Live app to offer consumers the easiest way to start their crypto journey while maintaining full control over their digital assets. With its ease of use, Ledger allows a user to begin investing in digital assets and ultimately, achieve financial freedom in a safe and stress-free environment, with additional education provided by its Ledger Academy. In addition to consumer products, Ledger has also developed Ledger Enterprise Solutions, a digital asset custody and security solution for institutional investors and financial players.
Lucian Mincu, co-founder and CIO of MultiversX, is a self-taught tech prodigy, previously engineer at Uhrenwerk 24, Cetto, and Liebl Systems. and co-founder & CTO of MetaChain Capital. His ability to navigate complex challenges and carve out solutions is nothing short of extraordinary, making him a driving force behind the success of MultiversX.
