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Ledger Adds Support for Eight New Cryptos

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Popular cryptocurrency hardware wallet producer Ledger has announced the release of a new system for adding digital assets called Ledger Live.

Ledger Live is a desktop application designed to manage new assets and provides the ability to stake proof of stake (PoS) coins like Particl while keeping them in cold storage on the Ledger Nano S hardware wallet.

The Paris-based company has future plans that include a schedule to announce the addition of new assets every Tuesday. The first eight assets that will be added are VeChain, Wanchain (WAN), ICON (ICX), POA Network (POA), Kowala (kUSD), RSK, Particl (PART) and Ontology (ONT).

Ledger has also made its plans available on the development sharing platform Trello, where users can track new additions, give feedback and vote on upcoming decisions. The current list of planned coins for future consideration include EOS, Cardano (ADA), IOTA, Decred (DCR), Tezos (XTZ), Lisk (LSK), MonaCoin (MONA), WAVES, ZClassic (ZCL), Nebulas (NAS) and Syscoin (SYS).

The method for integration of third-party applications into the Ledger platform has been simplified and clear guidelines have been provided for developers, including advice on security, interface, experience and design requirements. However, initially, a third-party wallet will need to be used until newly added cryptos are directly compatible with Ledger Live.

“Ledger Live will gradually incorporate full support for third-party applications, to enable Ledger users to not only install but also transact with these new crypto assets directly from Ledger Live.”, the company stated in the press release.

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