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Ledger Releases Firmware Update for Nano S Crypto Wallet Device

Ledger Releases Firmware Update for Nano S Crypto Wallet Device

Cryptocurrency wallet manufacturer Ledger has announced that Nano S’s firmware has been updated. With the 1.4.1. firmware update both the security elements and user experience of the device have been optimized. Ledger is urging all users of Nano S to update their devices so that they can enjoy the new features.

Some of the new features that users of Nano S will be able to enjoy following the update will include an increased capacity of the number of applications which can be simultaneously installed. The number has risen to 18 and this includes support for the likes of Zcash (ZEC) and Bitcoin Gold (BTG). However, users should be aware that when ten or more apps are installed simultaneously there will be a slowing down of the dashboard to some extent.

Screen lock management

The firmware update has also resulted in a remodification of screen lock management. Thus when in use a long press that lasts at least three seconds on buttons of the Nano S will result in the screen getting locked.

According to Ledger updating of devices could take as long as 15 minutes. To install the update users of Nano S will be required to launch their Ledger Manager on their desktop computers, be it a PC or Mac and then connect their Nano S device to their computer. Once the device is connected users will then be required to key in their PIN code on their Nano S and allow synchronization with Ledger Manager. They will know the synchronization is complete when the dashboard appears on Nano S.

In the application of Ledger Manager users will be required to click on a line reading ‘Firmware version 1.4.1 and then click install. On the Nano S users will also be required to press the right button as a confirmation for ‘Allow Ledger Manager’. An installation screen will then appear on the Ledger Manager application. In case of an error message saying the OS updater can’t be installed user will need to conduct an uninstallation of some applications on their devices before restarting the update procedure.

Reinstallation of applications

Additionally, users will be required to re-install all virtual currency applications that they had previously installed on their devices after the update. This will not however affect the virtual currency accounts as balances will be retrievable once the apps have been re-installed. And while installing the firmware update will not wipe the seed, it is important to have the 24 recovery works backed up somewhere accessible.

Also the firmware update will require the Bitcoin application to be installed as it is a pre-requisite for other virtual currency apps. Therefore, even when users have no interest in Bitcoin they should install its app. This is because the app serves as a shared library for other virtual currency applications.

Serious but not critical

In rolling out the firmware update Ledger has claimed that this is to address issues that are serious but not critical. However, one of the security researchers who found a flaw in firmware version 1.3, Saleem Rashid, has said that this is a misrepresentation of facts.

“As one of the security researchers, I urge to update now. This article doesn’t make it clear enough how dangerous this issue can be. Potential issues include compromised recovery seed generation or private key extraction,” tweeted Rashid.