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Ledger Nano S phase-out impacts
Key Points:* Ledger Nano S discontinuation due to hardware constraints
The transition reflects the growing demand for advanced crypto functionalities. Current Nano S users maintain basic currency operations, but upgrades promise more security.
Ledger Nano S Ends Support Amid Growing Feature Demands
Ledger CTO Charles Guillemet addressed the memory constraints of the Nano S, highlighting that its 320kb memory cannot accommodate new app features. This affects the addition of functionalities such as multi-application parallelism.
Changes are anticipated as Ledger phases out the Nano S. Current updates and new apps are unsupported, urging users to transition to newer devices for expanded features.
Community reactions include concerns about being “forced” to upgrade. Despite assurances that assets remain secure, the change triggers user dissatisfaction online. Guillemet emphasized the safety of user assets with regular backups, mentioning:
User Backlash Over Forced Hardware Upgrade Despite Security Assurances
Did you know? Ledger Nano S’s discontinuation mirrors past tech transitions where advancing needs rendered older devices obsolete, highlighting challenges in balancing functionality with hardware capabilities.
According to CoinMarketCap, Bitcoin (BTC) holds a market cap of $2.14 trillion, dominating 65.13% of the market. Recent price data shows a 28.31% surge over 90 days, pointing to a promising trend despite a brief 0.33% dip in the last 24 hours.
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