Cryptocurrency

Ledger Adds Two New Cryptocurrencies in Its Live Manager

Ledger is extending its security feature to High-Performance Blockchain (HPB) and Dexon.

High-Performance Blockchain (HPB) and Dexon transactions will also be supported through this integration on Ledger Live, the all-in-one software application for Ledger. High-Performance Blockchain (HPB) and Dexon users can manage their Ledger Live crypto assets as a part of the Security Protocol, validating the transactions on their devices.

Dexon is a distributed ledger technology that solves the inherent problems in other blockchain systems. It offers high scalability, fast finishing, and superior security while keeping all of the key features we like from existing blockchain systems.

In every blockchain system, the multi-signature functionality is necessary. The Dexon Network works as a nine-signing pool to support multi-signature transactions, which maintains the ten transaction signing states of 10 multi-signature transactions. Dexon implements an innovative, multi-asset account system, native batch token transfer transaction support.

On the other hand, High-Performance Blockchain (HPB) is an architecture blockchain that combines customized hardware with high-performance blockchain software. With a hardware BOE, high transaction speed and extremely low latency can be achieved.

To optimize the network blockchain, the Blockchain Offload Engine (BOE) hardware chipset is developed. Various parts of the consensus algorithm are discharged to our chipset to ensure lightning speeds.

Both these cryptocurrencies will be available on the Ledger Nano S and Ledger Blue. The Ledger Nano S comes with a secure chip that ensures maximum safety. Over 1100 cryptocurrencies, including Bitcoin, Ethereum and XRP, are supported in Ledger Nano S, which allows you to manage several assets with the same hardware bag.

Furthermore, these third-party apps are available to install through Ledger live manager.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.
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