How to Delegate Tezzies (Tezos’ XTZ) with Your Ledger Nano S — With Initial Setup & Screenshots

Awa Sun Yin
Jul 18, 2018 · 8 min read

Updated on: 04.11.2019

Ledger Nano S is one of the most popular hardware wallets in the market. Hardware wallets, also referred as cold wallets or cold storages, are commonly used for securely storing coins, especially large amounts or coins that do not need to be immediately accessible.

Ledger Nano S with Tezos Wallet Installed

Why spend 79.00€ on a wallet when you can use others for free?

In most cases, third party services such as exchanges provide hot wallets as a service for free, which users can interact with via their web platforms or via APIs. However, history and recent events have proven exchanges are constantly targeted by economically motivated cybercriminals, as they tend to accumulate large pools of funds. Regardless, exchanges remain as the main method for acquiring cryptocurrencies.

Cryptocurrency holders, who transfer and keep most of their coins in hardware wallets do not only do so because of security. There is also a major benefit, which is the increase of control of your funds, because any exchange could suspend their services or freeze your funds at any time and for undefined periods.

In any case, this article aims to be guideline for setting up your Ledger Nano for receiving XTZ and making delegations to bakers.

Requirements

As a rule of thumb, verify and do not trust. Check the website domains and app providers.

Before continuing, check that:

  • You have an official Ledger, and bought it from the official store . Do not use second-hand Ledgers or buy them from unauthorised retailers, as they could’ve been compromised.
  • You have the Ledger Manager installed. Ledger Manager is a Chrome extension. You can find it on Chrome’s Web Store. Check that under the extension name it says . There have been extensions or apps that have tried to impersonate the original ones.
Offered by www.ledgerwallet.com
  • The firmware of your ledger is up-to-date. If you’re updating the firmware now, note that your installed apps will be erased, and you will have to re-install them. Don’t worry, your funds remain, you just have to reinstall the wallets and you’ll have access to them as usual.
  • You have enough space the on device for installing the Tezos Wallet.
  • You have the installed. If you don’t, checkout one of my previous articles: How to Deligate Zopf Tezzies (Tezos’ XTZ) with Pâtissière Awa from Cryptium Bäckerei or any other guidelines you prefer.

Setting Up Your Ledger for Tezos

  1. Open the Ledger Manager and click on (bottom right corner). Scroll down the list until you find currently and install it. Will prompt on your Ledger to allow this installation. After installation, you should be able to see the and the ꜩ icon (just like the featured image on this article).
  2. Open the app on your Ledger and you will see on your device’s screen something similar to:

Your Ledger is now ready. Leave it connected with the Tezos Wallet application open.

Setting Up Your Ledger for Tezos

  1. Open your Terminal and navigate into the folder where the binaries are located. Normally, people install the source files at .
  2. Run the following command to check the connection:

It will detect your Ledger, which generated public and private key sets for different encryption systems based. There’s an extended explanation and recommended read here: (Side note about key generation: https://github.com/obsidiansystems/ledger-app-tezos#importing-the-key-from-the-ledger)

3. Let’s import a secret key. The exact command is listed after you ran the previous step. Just remember to add in front of if you’re on MacOS. Obsidian Systems recommends to use the keys generated with curve . So copy and run the command from your terminal:

Note that is the name of the account generated with the curve, where is the username of your system. E.g. if my username is then the generated account would be named . So the previous command would look like:

4. After you successfully imported the key, you should see it listed if you run:

Checking the Balance on Your Ledger-Generated Account

To receive funds into the account generated with your Ledger, make a transfer to the address or public key of the secret or private key you imported before. In this example, it’s .

Once you initiated the transaction from the source of the funds, you can check the balance by running the command below.

For the command to work, you should be running your own node in the background (check How to Delegate Tezos XTZ with Tezos Client and Running Your Own Node for instructions on how to run your full node). We recommend that you always run the commands with the flag:

Alternatively, if you’re having issues running your node, you can use our Tezos full node by adding to the command:

For example:

How to Delegate and Understanding Implicit and Generated Accounts

To understand better this step, it’s recommended to review the account types in Tezos. There are technically two types of accounts:

a.1) Implicit accounts registered as delegates (bakers): Yes to baking yourself.

a.2) Implicit accounts not registered as delegates (bakers): No to baking.

b) Originated accounts and contracts: Yes to baking, if they have a delegate account set and this baker is actually baking (deligation).

In order to make a delegation, we need to generate a originated account from our implicit account. The account you generated with the Ledger, private key of which you imported into your system, is by default an implicit account. Thus, not suitable for delegation.

To clarify, because Tezos’ documentation is pretty confusing, originated accounts, are actually smart contracts, where the data structure looks like:

Whenever you generate an originated account you’re actually generating and deploying a smart contract with the fields shown above.

  1. To generate an originated account, run:

For example:

Remember to add if you’re not running your own node.

With this command, we generated an originated account and transfered 0.05 ꜩ from the implicit account. Note that I named the originated account for convenience, but you could name these accounts as you like.

What’s happening in reality:

2. Set a baker, you need to add known bakers before you can delegate to them:

For example, if you wanted to delegate to us, Cryptium Labs Bäckerei, you would run:

Which sets the delegate in your originated account:

No matter who you set as a baker, double-, triple-, quadruple-check that the address is the correct one. Else you will be delegating to a different baker. In this case, re-check that the baker address is tz1eEnQhbwf6trb8Q8mPb2RaPkNk2rN7BKi8.

3. Check that the implicit account has been correctly generated:

4. Finally, let’s delegate:

Note the , else you will be paying a default fee of 0.05ꜩ.

After running the command, look at your ledger as it will prompt you to confirm the transaction. Unfortunately, there are no other details than the ones below:

After confirming, this is what happens to the contract:

If you just delegated to us, the transaction should be visible very shortly here: https://tzscan.io/tz1eEnQhbwf6trb8Q8mPb2RaPkNk2rN7BKi8

How to Delegate, Everything at Once

You can also generate an originated account and transfer the amount with one command.

  1. First:

2. And then:

Remember to double check the baking address and the usernames. Confirm the tx on your Ledger and… voilà!

More How-To Guides

Cryptium Labs Tezos

Cryptium Labs offers secure and highly available digital signatures for Proof-of-Stake networks, such as Tezos, Cøsmos, and Polkadot. This blog is dedicated to anyone in the blockchain ecosystem and aims to provide educational content for all audiences on topics such as security.

Awa Sun Yin

Written by

Founder @ Cryptium Labs

Cryptium Labs Tezos

Cryptium Labs offers secure and highly available digital signatures for Proof-of-Stake networks, such as Tezos, Cøsmos, and Polkadot. This blog is dedicated to anyone in the blockchain ecosystem and aims to provide educational content for all audiences on topics such as security.

Welcome to a place where words matter. On Medium, smart voices and original ideas take center stage - with no ads in sight. Watch
Follow all the topics you care about, and we’ll deliver the best stories for you to your homepage and inbox. Explore
Get unlimited access to the best stories on Medium — and support writers while you’re at it. Just $5/month. Upgrade