Bitcoin
$9,071.38 4.77%
BTC · 20w

Ledger Nano X Review (2019): Is it worth the Upgrade?

Ledger Nano X is the next generation of Hardware wallet with smartphone support, a larger screen and more storage space for Apps. The Ledger Nano X is great for newcomers or experienced traders trading more than 3 types of cryptocurrencies at at time or large volumes on the go. If more apps and mobility isn’t a big concern, stick with the Ledger Nano S.

In this review, we’ll be looking at the security, hardware design and cryptocurrency support of the Ledger Nano X to tell you if this device is worth purchasing or not. For Set-up and installation guides, check out our full Ledger Nano X guide.

Key Features of the Ledger Nano X: Ledger Nano X Video Review Larger screen – Displays full cryptocurrency addresses without scrolling Mobile support – (Android and iOS) support via Ledger Live Mobile More storage space – Install up to 100 different apps for different coins. Rechargeable Battery – allows the device to be powered-on without a cable.

To purchase a Ledger Nano X, click here

Security features

One of the key reasons to buy Ledger hardware wallets is the firms reputation for security. The Nano X contains a two processor chips:

Secure Element: ST33J2M0 (secure) is independently certified and stores the private key and signs transactions Operating system: STM32WB55 chip is responsible for Ledger’s BOLOS proprietary Operating System.

Secure elements are separate pieces of hardware (second layer of security) with their own storage and limited functionality that cannot be breached by hackers. This means that even if the Ledger Nano X is connected to a compromise device – like a hacked laptop or phone, the private keys (=access to crypto funds) is never compromised. Devices like the Trezor One and Model T do not have secure elements and only have a single layer of security.

Ledger Nano X Teardown showing CC EAL 5+ Secure Element Chip

The Ledger Nano X also has the same BOLOS operating syst...

Continue on boxmining.com
Recent news
BTC +4.77% · medium.com · 13h

The 3 Phases of Bitcoin Mass Adoption

Bitcoin is a revolution comparable to what the Internet was in the early 1990s. In a little over 10 years, Bitcoin has already made a phenomenal journey to reach a market capitalization of more than…