A Secure way to store and manage DEL cryptocurrency on a Ledger Hardware Wallet
Cryptocurrencies can be stored on different resources, including paper, “hot/cold”, hardware and online wallets. Today, hardware wallets are the best option in terms of security and usability.
Let’s figure out why?
Hacking online wallets is the easiest way to steal crypto, and a variety of tools are used for this — from keyloggers, viruses and exploits to social engineering. Hardware devices for storing cryptocurrencies have more degrees of protection since a physical device (the same as a flash drive) with its own operating system is added to the virtual environment. This means that even if someone hacks into your computer, they won’t steal your funds because only the owner of the device can make a transaction.
One of the most famous companies that produces hardware wallets is Ledger. About 60 top cryptocurrencies can be stored on Ledger today. In the near future, DEL, the basic token of the Decimal blockchain, will be among them.
Decimal has completed the first stages of DApp development for integration with Ledger and held several productive online meetings with the hardware wallet team, starting testing the developer version. Interestingly, the DEL coin can not only be safely stored, but also mined using staking directly on the hardware wallet.
For more details and news on partnership and integration, follow the link https://discord.gg/WhnrTMbrCe