Today we will examine the Ledger Wallet, one of the most popular hardware wallets.Let's first underline that it is one of the safest purses on the market right now. Seed given during installation is absolutely the most important paper you should not lose.
What exactly does the device do?This device is actually a microcomputer of usb memory size. What you are doing is keeping your private keys encrypted so that your computer does not get stolen from your computer in case of virus infection. So if you take the USB cable and the device is offline, you can not send bitcoin to your account except what you want.
How exactly does the wallet work?This bitcoin wallet works primarily with Google Chrome, which works with plug-in software. The device, powered by your computer's USB port, wants you to create a 24-digit recovery seed when you first install it. This means that if your wallet is stolen or your PIN code is incorrectly entered 3 times (the device is completely erased for security purposes), it is used to restore your wallet. At the same time, without this wallet, you can restore your software wallets with 24-digit seed.
it is most logical that you enter 24 seeded seeds in the company's seed form. In this way your wallet is completely shut down internete. Of course, do not lose the paper, fire etc. you need to be protected. You should absolutely take a backup physically. As a result, someone who seizes it takes full control of your bitcoins.
Installing Chrome Software and InterfaceThe Chrome software is quite nice and more successful than the Trezor wallet's interface. Simple, easy-to-use and intricately remote interface awaits you.
Send BitcoinEnter the "Send Bitcoins" section on the Chrome app to send as many ad hoc accounts as you like.
Trigger from Device ButtonsWhen you want to send an adrese, you need to confirm the order you send from the software with the two buttons on the device. Triggering the button is a big barrier to malicious software sending you bitcoins without you.
A quick look at the Settings sectionYou can change the basic features of the hardware wallet from the settings section of the software.
Supports Ethereum and Other SubcodesNot only bitcoin, you can also store different subcoins in this wallet.
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