Monero, one of the most known cryptocurrencies in the market may soon be integrated with Ledger Wallet. The integration would be a very important step for the developer team and Monero’s community.
Monero Ledger Wallet Beta Testing
Monero is known for being one of the “privacy coins,” it is safe to use for those who want to have more layers of anonymity while using cryptocurrencies. The currency has been around for several years and its proven to be much more resilient compared to other competitors.
Unfortunately for the community, Ledger Wallet, one of the most important hardware wallets in the market, did not have an integration with Monero. Apparently, now it is being tested by Ledger and it is in Beta testing phase.
A Reddit user uploaded some pictures in which it is possible to see how Monero is being tested in a Ledger Nano S hardware wallet. It can be tested using “Ledger Manager” and “Show Developer Items.”
Once it will be fully integrated, the community will be able to have safely stored their Monero, without depending on a cryptocurrency exchange. Monero owners will have the possibility to become their “own bank” and protect their savings from hackers.
At the moment of writing this article, Monero is the 11th cryptocurrency by market capitalization with a price per coin of $213 dollars and a Market Capitalization of $3.3 billion dollars.
Monero has been in the news several times due to the fact that it can be mined using CPU power. In this way, hackers have been installing hidden mining software among important websites (including YouTube), to mine Monero using the visitors’ CPU power.
At the beginning of March, Monero’s Core Team released a statement in which they explain how they work and which are their tasks. At the same time, they expressed their gratitude to all the volunteers and contributors to Monero’s future.
The statement reads as follows:
“All members of the Core Team, past and present want to thank all volunteers and contributors for their consistent and tireless work. We look forward to what 2018 has in store for us as a project, and as a community.”
GoMonero.org is a new website that aims to be what Preev is to Bitcoin. A group of cryptocurrency and Monero enthusiasts have been working on it and it is now in beta testing. The website will include different features like guides about Monero, charts, graphics, price comparisons and many other interesting things.