Crypto Ledger by Billionaires Digest - Dailymotion

Name: How to Migrate Your Crypto From One Ledger Device to Another
Uploaded: 2024-12-29T23:55:21+00:00
Duration: 2 min 28 s
Channel: Billionaires Digest

Billionaires Digest

Ledger has been at the forefront of digital asset security for a decade. Our comprehensive approach integrates hardware, software, a proprietary secure operating system, and secure touchscreens. As the primary hardware solution featuring a secure screen, a Ledger device allows you to trust the transaction details it shows, empowering users to generate and safeguard private keys offline, and ensuring peace of mind in an increasingly digital world. However, the landscape of digital assets has evolved significantly since Ledger’s inception. It’s no longer just about holding or transferring value. Innovation has driven the emergence of new use cases, including DeFi and NFTs, which made smart contract transactions the norm. These more complex transactions have opened up a new attack vector. To clarify, most wallet interfaces struggle to provide users with the means to verify what they’re signing, a concept known as Blind Signing. To combat this risk, Ledger has developed a new standard to help avoid these risky transactions that don’t display their full details. But before we get there, what is Blind Signing exactly and why is avoiding it so important? 👉 https://bit.ly/4iRbx1m

How to Migrate Your Crypto From One Ledger Device to Another

Category

Crypto Ledger

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