monerologo 800x500 - Monero Will Soon Be Supported on Ledger Hardware Wallet

Monero Will Soon Be Supported on Ledger Hardware Wallet

As we unveiled some time ago, Monero (XMR) would be ready to be supported in one of the most important cryptocurrency wallets on the market, Ledger. The lead code maintainer known as Riccardo Spagni has confirmed this information during an episode of the Doug Polk Podcast on April the 9th.

Monero Support on ledger Hardware Wallet

Monero’s community would be really glad to hear this important information. One of the most important privacy coins will be supported on the famous hardware wallet Ledger.

Monero 225x300 - Monero Will Soon Be Supported on Ledger Hardware Wallet
Monero

During the interview, Mr Spagni commented:

“We are on Ledger already if you have got the developer kit. I saw some commits happening today to fix a couple of small issues. I’d hope that probably alongside the Monero 0.12.1 release, there will be official Ledger support.”

A week ago, Monero experienced a hard fork that has been planned in order to protect Monero’s network from some kinds of ASIC mining.

At the moment of writing this article, Monero is being traded at $166 dollars, according to coinmarketcap. At the same time, its market capitalization reaches $2.65 billion dollars. Most of the virtual currencies have are operating positively today.

In its official Twitter account, Riccardo Spagni uploaded a picture on March the 30th in which he shows that he is testing Monero on a Ledger Nano S. Spgni explained that it works fine with a public remote node, that seems to be very lightweight. He has also expressed that he expects a deeper integration into light wallets in the short term.

About Trezor and a possibility to be included in this cryptocurrency hardware wallet, Spagni said that he believes that Trezor’s team is working on it.

“I believe the Trezor guys are working on it. I’ve heard rumours of it. I think that Ledger has kind of blazed the way, there is a lot of stuff that Trezor can suck in from that,” he said during the interview. “There is also a group within the Monero community that’s building its own hardware wallet, which I believe is based on the Trezor schematics, if memory serves.”

First Ledger To Ledger Monero Transaction Completed on Mainnethj8MZdg 271x300 - Monero Will Soon Be Supported on Ledger Hardware Wallet

The first ledger to ledger mainnet Monero transaction has been completed. According to the Reddit user KnifeOfPi2, another user known as Selsta sent him 0.1 XMR. Once the transaction was received, KnifeOfPi2 sent 0.4 Monero back to Selsta.

The reddit post includes several images that show the whole process.

To make it funnier, both users decided to use a title that resembles the scam being carried out in Twitter. In general, a fake account asks for some cryptocurrencies with the promise of giving back two, three, or four times more the amount sent.

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