Ledger, a French startup renowned for its secure crypto hardware wallets, has commenced shipments of additional wallets almost 18 months subsequent to the introduction of the most recent Ledger Stax devices
The updated wallet was created in collaboration with Tony Fadell, one of the primary designers responsible for the iPod, and incorporates an E-Ink display.
Generally, e-book readers like the Amazon Kindle and the Rakuten Kobo employ E-Ink technology due to their energy-efficient and daylight-readable displays.
Once additional inventory becomes available, the organization will add the Ledger Stax to its website once all pre-orders have been fulfilled. The hardware wallet project may have experienced a delay due to the company making excessive commitments regarding its design.
The Ledger Stax is equipped with an E-Ink curved display. According to the company, mass-producing curved E-Ink displays has been more challenging than anticipated.
Thus, what distinguishes the Ledger Stax from the Nano S Plus and Nano X, Ledger’s other wallets? On the contrary, the Ledger Stax is characterized by its larger display and secure touch screen, which enable direct interaction with the secure element integrated within the device.
It is reportedly more user-friendly than the navigation keys found on other Ledger devices.
The Nano X and the Stax, in contrast to the Nano S Plus, which is only compatible with a USB-C cable, feature Bluetooth chips. It implies you can validate a cryptocurrency transaction on your wallet after initiating it from your phone without requiring a wire transfer.
Additionally, with this new wallet, Ledger targets affluent clients. During pre-orders, the Ledger Stax was sold for €279 (approximately $300 at the current exchange rate).
The final retail price for the wallet could not be confirmed; therefore, you will have to wait until it becomes available again on its website.
Due to the curved display, customers can exhibit information on the spine of the device, even when it is not in use. This feature is especially advantageous for organizations and individuals who possess numerous hardware wallets and wish to accumulate them.
The Ledger Stax is also compatible with Qi wireless charging and features integrated magnets for simple alignment.
Regarding security, every Ledger product is constructed around a secure component that safeguards the wallet’s private keys. They remain in your cryptocurrency accounts at all times, protecting your assets even if you compromise your computer or phone.
Nevertheless, most crypto breaches are phishing attempts, and Ledger cannot safeguard you against social engineering and fraud.
In the event of device loss, the wallet can be recovered by inputting a confidential recovery phrase. If recovery phrases are not to your liking, the organization also provides a subscription-based product.
Notably, the introduction of the Ledger Stax also signifies the commencement of a collaborative manufacturing effort with Foxconn, a prominent consumer electronics manufacturer.
In the past, Ledger conducted device assembly in Vierzon, France. Nevertheless, the Nano S Plus and Nano X devices will continue to be produced there.
Ledger has reported the sale of over 6 million devices, and the organization approximates that it safeguards 20% of the global crypto assets.
