Ledger Launches USB Bitcoin Wallet With 'Bank-Grade' Security

Ledger Launches USB Bitcoin Wallet With 'Bank-Grade' Security

The team behind a new affordable multisig bitcoin wallet say their product has security features that make it almost immune to hacking attacks. The Ledger Wallet Nano is the result of a merger between three French startups: La Maison du Bitcoin, a bitcoin centre in Paris. BTChip, a hardware wallet manufacturer; and Chronocoin, an exchange platform. Priced at €34.90 (or 0.1213 BTC), the USB device contains a banking-grade EAL5+ smartcard, the same as found in credit cards. Additionally, as a hierarchical deterministic wallet (BIP32), the Ledger can hold an infinite number of bitcoin....


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Name: Ledger Wallet Nano. What it is: A USB bitcoin wallet with smartcard security in a very compact package. Who's behind it: Three French startups: BTChip, Chronocoin and La Maison du Bitcoin. Cost: €29.90. Date launched: December 2014. Summary: The Ledger Wallet Nano is a relatively affordable bitcoin hardware wallet with a few clever tricks up its sleeve. It also looks good and the company promises to make it even better with a companion mobile app set to launch in 2015. CoinDesk rating: 4/5. Where to buy: Direct from Ledger or Overstock.com. The basics. Security. Using the device.....