This post about the Ledger Nano S-Cryptocurrency Hardware Wallet For Security and what that means for you is that all of the security is done, on the actual wallet the private keys are never exposed to your operating system so for instance if your computer gets a virus or malware. It’s not going to be able to get into that hardware wallet, and get your private key and steal your cryptocurrency so it’s an excellent layer of protection.
I thought I’d do an unboxing and quick product review for you today so let’s go ahead and break into it there’s the actual dongle itself, it’s got the little screen readout screen slider button cover and then the USB port there to power it, let’s see what else we have Quick Start Guide USB cable lanyard. A little soap on a rope like two cards in here, getting started and basically it’s going to give me a website to go to to follow the directions and then a recovery sheet apparently this sheet is it’s going to it’s going to give us 24 words as we’re setting it up and we got to write down each word and then let’s say that your wallet gets destroyed or otherwise you can’t use it right these recovery words in the wallet and you’ll be able to basically reconfigure your your wallet, with the private public and private keys. Because basically these words right here are just I’m assuming they’re just seeds for the encryption.
I haven’t really gotten into using it yet but what I’m seeing so far is freaking awesome loving it.