New Ledger Live Companion App Seeks to Streamline HODLing

New Ledger Live Companion App Seeks to Streamline HODLing

Ledger, along with Trezor, sits atop the cryptoverse as one of the space’s most popular hardware wallet providers. Now, in their latest bid to pull ahead in the user-experience rat race, the French crypto-wallet maestros have released their Ledger Live software — an “all-in-one companion app” designed to streamline users’ crypto activities. 

Also see: Bitcoin Price Possibly Gearing Up for Rally After Long Slump

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Ledger: ‘A Big Moment’

In a July 9th blog post on the hardware wallet company’s site, Ledger CEO Eric Larcheveque announced the launch of the Ledger Live software — a companion app for the Ledger Nano S and Ledger Blue that offers “a feature-packed, yet user-friendly experience for both power users and newbies.”

With Trezor proceeding with its own roadmap and other hardware wallet upstarts popping up all the while, the app is the latest development from Ledger as it continues consolidating its own position as one of the market’s more popular hardware wallet providers. The Live 1.0.0 software, which mitigates users needing to shift between different crypto apps (e.g. from the BCH app to the BTC app) among several other optimizations, is now available for download via the company’s site as well as for review on GitHub.

Larcheveque hailed the app as a “big moment” for the company in its mission to provide retail crypto users with hodling solutions:

“The launch of Ledger Live is a big moment, in terms of making secure management of crypto assets accessible to everyone. We hope you will agree that the entire user experience is now comparable to the very best consumer applications.”

Larcheveque also went on to say that more features for the all-in-one app are forthcoming and that feedback from the community was welcomed:

“This is just the beginning. We will continue to add new and exciting features to Ledger Live over time, and already have some great ideas in the works.

Just as important is the feedback and suggestions from our Ledger community. We want to hear what you think of the application and the features you would like to see next. As Ledger Live is an open-source project, developers are welcome to visit the Ledger Live Github project to contribute suggestions.”

The Inaugurally Supported Assets

At launch, the Ledger Live software supports the following 22 crypto projects:

  • Bitcoin (BTC)
  • Bitcoin Cash (BCH)
  • Ether (ETH)
  • Ethereum Classic (ETC)
  • Litecoin (LTC)
  • Ripple (XRP)
  • Dash (DASH) 
  • Dogecoin (DOGE)
  • DigiByte (DGB)
  • Komodo (KMD)
  • PIVX Coin (PIVX)
  • ZCash (ZEC)
  • ZenCash (ZEN)
  • Stratis (STRAT)
  • Hshare (HSR)
  • Bitcoin Gold (BTG)
  • VertCoin (VTC)
  • ViaCoin (VIA)
  • PeerCoin (PPC)
  • StealthCoin (XST)
  • ClubCoin (CLUB)
  • PoSWallet (POSW)

Some communities weren’t enthused about missing the initial cut. But, with that said, the Ledger team will presumably continue to add support for more projects in the months ahead.

Bitcoin Entrepreneur Sounds Alarm on McAfee’s Wallet

In other hardware wallet news, community lightning rod John McAfee has been hyping what he’s dubbed “my unhackable wallet,” the Bitfi, on Twitter as of late.

However, long-time Bitcoin entrepreneur Matt Odell recently tweeted out his concerns over the play, introducing his skepticism with an emphatic “Don’t buy this wallet.”

Indeed, a quick survey of Bitfi’s site turned up immediate red flags: at press time on the wallet’s “About Us” page four “Ivan Ivanovs” were listed, with all four of their occupations being “Ice cream seller.”

Ledger Live
The Bitfi team?

It’s not a conclusive gaffe. But it obviously doesn’t look wholesome, either. An abundance of caution seems appropriate accordingly.

What’s your take? Are you satisfied with the UX progress of today’s hardware wallet providers? Not yet? Let us know in the comments below. 

Images via Bitfi, Ledger

The author and Bitsonline team do not endorse any service or encourage readers to invest in any specific asset. Please do your own research before you purchase any cryptocurrency, token, or other digital product, or if you sign up for any related service. Never invest more than you are prepared to lose.

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