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Ledger Resumes Support for Komodo, Adds XSN to List of Available Coins

Mon, 4/02/2019 - 17:54
Ledger users are required to upgrade to Ledger Live 1.3.4 in orderly to safely store the newly added assets
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Ledger Resumes Support for Komodo, Adds XSN to List of Available Coins
Cover image via U.Today
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Ledger Nano S, the most popular hardware wallet, now supports Komodo (KMD), again. On top of that, the Stakenet community was thrilled by the addition of XSN to Ledger’s roster of altcoins.

Ledger Nano S

Komodo is back in the game

Komodo is a fork of ZCash, a major privacy coin. Its ICO was conducted in October-November 2017. KMD managed to survive December’s carnage with its price increasing by over 94 percent. The substantial price bump was caused by mounting anticipation of the Sapling hard fork.

On Jan. 10, U.Today reported that Ledger could stop supporting the project (the alleged Komodo Twitter suspension was yet another log on the fire). However, the Komodo team reached out to U.Today later to dispel these rumors, claiming that it was an ordinary update, and there were no plans to dump the coin on Ledger’s side.  

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Storing XSN on Ledger devices

In other news, Ledger has announced support for Stakenet (XSN), which is now available for two of its products: Nano S and Ledger Blue. The next logical step would be the integration of cold-storage staking XSN’s Trustless Proof of Stake (TPoS).

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