Installing Concordium LEDGER App
Concordium’s Optimal Solution for the Secure Custody of CCD Assets
Table of Contents:
· Introduction
· Concordium LEDGER 4.1.2 Update
∘ Prerequisites:
· Installing Concordium LEDGER 4.1.2 on LEDGER
Introduction
Proper security and management of digital assets is essential in the cryptocurrency arena. Ledger, recognized for its robustness in the cold wallet arena, presents itself as an optimal solution for those looking to safeguard their Concordium CCDs. Here are the main reasons why:
◾️Advanced Security: Ledger operates as a cold wallet, which means it is not constantly connected to the Internet. This intrinsic feature significantly minimizes the risk of cyber-attacks and exposure to malware.
◾️ Total User Control: A fundamental premise in the cryptocurrency world is the possession of private keys. With Ledger, users maintain full control of their keys, guaranteeing ownership and autonomy over their assets.
◾️ Intuitive Interface: Despite its technical sophistication, Ledger offers a simplified user experience through its Ledger Live application. This tool allows you to manage, purchase, send and receive assets efficiently.
◾️ Transaction Verification: The Ledger device is equipped with an integrated screen that displays transaction details, allowing the user to securely verify and confirm transactions.
◾️ Transaction Verification: The Ledger device is equipped with an integrated screen that displays transaction details, allowing the user to securely verify and confirm transactions.
◾️Recovery Mechanisms: In the event of loss or damage to the device, Ledger provides a recovery phrase that allows all assets to be restored to a new device.
In conclusion, for those seeking a secure, reliable and efficient solution for the custody of their Concordium CCD assets, Ledger is a highly recommended option.
It is essential to purchase the device through official channels to ensure its authenticity and optimal performance.
Concordium LEDGER 4.1.2 Update
Concordium LEDGER 4.1.2 application has been released on LEDGER Live. This simplifies the installation and update of the Concordium LEDGER application for Desktop Wallet users.
You can access the official Concordium information at the following link:
Prerequisites:
· LEDGER Nano S, LEDGER Nano S Plus or LEDGER Nano X (+info on https://www.ledger.com/)
· Ledger Live installed on your computer (+info at https://support.ledger.com/hc/es/articles/4404389606417-Descargar-e-instalar-Ledger-Live?docs=true)
Installing Concordium LEDGER 4.1.2 on LEDGER
- Open Ledger Live and go to the top in Settings.
2. Select Experimental features and activate the Developer mode.
3. Connect the LEDGER device to your computer and enter your PIN code to unlock the LEDGER.
4. In the LEDGER Live application, select My Ledger in the left side panel.
5. The LEDGER will display Allow Ledger Manager. Press both buttons simultaneously to allow the manager on your LEDGER.
6. Press the right button to navigate to Install app, then press both buttons.
7. Search for Concordium Ledger App in the Ledger Live app catalog, and then select Install to begin installation.
Once finished you will be able to see Concordium LEDGER on your Ledger.
