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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

ARK Partners with Ledger to Offer Hardware Wallet

newsbtc
newsbtc
5 years ago
2 mins read
Bitcoin PR Buzz ARK Ledger Hardware Wallet

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ARK, a decentralized digital asset token, is partnering with Ledger, a cryptocurrency hardware wallet, in an attempt to boost the token adoption. The project has long been a focus of both the groups and has finally released on July 28, 2017.

ARK is an advanced blockchain-based decentralized digital asset token that is aimed towards getting mass consumer adoption. ARK’s great abilities are based on unique features such as SmartBridge Technology, which lets it communicate with other blockchains. The Encoded listeners listen to the communication sent over ARK SmartBridge service provider fields. The same technology can also be used for other coins such as Ethereum, bitcoins and also for SmartBridge apps.

Ledger, on the other hand, is the cryptocurrency hardware wallet that is used for saving the cryptographic assets and securing the digital payments such as ARK, Bitcoin, and other altcoins. Being able to connect to any computer (USB), it has a secure OLED display for cross-checking and verifying all the transactions with a single tap.

Ledger Nano S brings enhanced security, making sure that private keys are impossible to be exposed. The device separates sensitive operations in a closed state of the art Secure Element, locked by a PIN code. All transactions within wallet are fully tamper proof, and can be verified physically on an embedded screen very easily.

What’s special about this integration?

This integration will make ARK the 10th cryptocurrency in the world that is secured by this great hardware. Ledger enhances security measures as well as the ability for the users to save their ARK safely, along with other mainstream cryptocurrencies.

The integration has also made ARK the first Delegated Proof of Stake (DPoS) blockchain and the first JavaScript blockchain to include native integration in the Ledger Hardware Wallet. The ARK-desktop and ARK-mobile wallets are also compatible with Ledger wallet, and are BIP32 compliant.

High Security & Compatibility

Ledger wallet users can generate HD wallets having enhanced security without facing any passphrase to get out of the Ledger device. After complete compatibility with Ledger Hardware wallet is experienced, Ledger Hardwar Wallet support will also be extended to ARK’s Desktop and Mobile wallets, instructing them to sign their transactions if the ledger account is synchronized with ARK wallets.

The further inventions by ARK in future, such as ARK cloned network, ARK test-net/dev-net and ARK fork, will also be compatible with Ledger. ARK support on Ledger Nano S and Ledger Blue is open to public on July 28, 2017.

To know more about the partnership, please check https://ark.io/whitepaper

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