{"id":580051,"date":"2022-12-06T16:41:04","date_gmt":"2022-12-06T16:41:04","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=580051"},"modified":"2022-12-06T16:41:20","modified_gmt":"2022-12-06T16:41:20","slug":"ledger-hardware-wallet-amid-ftx-debacle","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ledger-hardware-wallet-amid-ftx-debacle\/","title":{"rendered":"Ledger Taps iPod Designer For New Hardware Wallet Amid FTX Debacle"},"content":{"rendered":"\n
Summary:<\/p>\n\n\n\n
Ledger, a popular crypto hardware wallet company, teamed up with Tony Fadell for its Stax self-custody solution expected in Q1 2023. Fadell is credited for designing Apple\u2019s iPod device. <\/p>\n\n\n\n
The wallet maker\u2019s CEO and chairman Pascal Gauthier expanded on the approach taken by the company for its Stax hardware wallet. CTO Charles Guillemet affirmed that the aim was to achieve mass adoption with a device that features accessibility and self-custody security for crypto users.\u00a0<\/p>\n\n\n\n
When we designed Ledger Stax, our biggest requirement from a security standpoint was to fulfill those 3 security properties while improving user experience. What we did was reuse our Ledger Nano security architecture, then we improved the trusted display property.<\/p>– Charles Guillemet, CTO.<\/cite><\/blockquote>\n\n\n\n
Fadell designed the Stax hardware wallet with an e-ink display wrapped around the body of the device. Sources said users will be able to view their NFTs and transaction history from the interactive display. <\/p>\n\n\n\n
On the inside, there are built-in magnets to allow users to hold multiple devices securely together. Stax\u2019s size is roughly the same as a regular credit card and features a USB-type C port. Ledger will offer its Stax wallet for $279 come 2023.<\/p>\n\n\n\n