Nearly eighteen months after revealing the newest Ledger Stax devices, Ledger, a French company best known for its safe crypto hardware wallets, began releasing new wallets.
Designed in concert with Tony Fadell, one of the primary iPod inventors, the revised wallet has an E-Ink display. E-book readers like the Amazon Kindle or the Rakuten Kobo usually employ e-ink technology, as the screens appear excellent in daylight and consume little electricity.
Once additional supplies become available, the business will offer the Ledger Stax on its website after satisfying all pre-orders. The company could have overpromised on the design front, which is why the hardware wallet ran behind schedule. The Ledger Stax has a curved E-Ink display. It claimed that creating curved E-Ink screens on scale had been harder than anticipated.
What, therefore, distinguishes the Ledger Stax from the other wallets—the Nano S Plus and the Nano X? Unlike those two gadgets, the Ledger Stax has a larger display and a safe touch screen that interacts directly with the gadget’s secure element. It’s allegedly simpler than the arrow buttons on the other Ledgers devices.
Although the Nano S Plus only runs with a USB-C connection, the Nano X and the Stax additionally have a Bluetooth chip. You can thus start a crypto transaction on your phone and confirm it on your crypto wallet without using a wire.
Ledger is also targeting upscale clients with its new wallet. During the pre-order period, the business offered the Ledger Stax for €279—about $300 at current currency rates. It would not confirm the wallet’s ultimate selling price, so you would have to wait for it to become more accessible on its website.
The curved display lets users see some information on the device’s spine while in standby mode. This may be very helpful to those who own many hardware wallets and want to stack them up, as well as businesses. The Ledger Stax also includes magnets for simple alignment and Qi wireless charging.
Ledger’s products all feature a secure element that securely stores your wallet’s private keys. Your assets remain safe in your crypto wallets, even in the event of a hack on your phone or computer. Still, most crypto attacks are phishing efforts, hence Ledger cannot guard you against social engineering and frauds.
If you misplace your gadget, a secret recovery word will allow you to retrieve your wallet. Should you not feel comfortable with the recovery terms, the firm additionally provides a subscription product.
Fascinatingly, the Ledger Stax also signals the start of a manufacturing alliance with consumer electronics manufacturer Foxconn. Ledger previously built its devices in Vierzon, France, and it will continue to produce the Nano S Plus and Nano X devices there.
Ledger said it thinks it safeguards over a fifth (20%) of the world’s crypto assets and has sold more than 6 million devices to date.