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Why Updating Your Firmware Matters

Apr 19,2024

KEY TAKEAWAYS:

— Keeping your apps and firmware updated makes sure that you can use the latest features and newly added cryptocurrencies.

— Firmware updates further enhance the security of your crypto assets.

— A firmware update could fix previously encountered bugs.

At Ledger, our hardware wallets use applications and firmware for managing your crypto. Today, we’ll take a deeper dive into the importance of updating your firmware.

A new world opens up

The crypto space is a quickly evolving world, where those providing services for it need to be able to adapt quickly. To make sure that you can have access to the latest innovations, we’ve made sure that your device’s firmware and applications can be updated for this purpose.

Did you know that Ledger hardware wallets were one of the first to implement Native SegWit integration to enable lower Bitcoin transaction fees? This wouldn’t have been possible without updating your Bitcoin application.

As a matter of fact, many features and crypto assets would not have been supported yet if we didn’t provide firmware updates.

Without firmware updates, cryptocurrencies such as Cardano (ADA) and Ziliqa (ZIL) couldn’t have been added since new signatures schemes were needed.

Improving on the best security in the market

By combining the best hardware with a team consisting of the best security experts, we’re able to provide the most secure experience in the cryptocurrency hardware wallet market. We’re not stopping there though – we believe that security should always be challenged and improved upon. Our internal security lab, the Ledger Donjon, is consistently trying to break into our devices and elevate our hardware wallets’ security to new highs.

This includes providing new security features for applications and firmware updates.

A great example can be found in firmware update 1.4.2, where your PIN code was extended to a maximum of 8 characters, rather than the previous 4. This could even be applied to potential vulnerabilities if needed. To make sure your device is as secure as possible, we recommend using the latest firmware and application versions.

Bug fixes

There’s always a chance that a new version of your computer or smartphone’s Operating System could create a brand-new bug. Our dedicated teams focus specifically on this to make sure these issues are resolved as quickly as possible. One possible way of doing this is through application or firmware updates.

A great example of this is when a new version of Windows 10 came out and caused problems for using your Ledger device with a lot of third-party wallets. With the latest app versions, this is no longer an issue.

We’re always working hard on making sure that you’re getting the best crypto experience possible. By updating your firmware, you allow us to ensure that you can get the most out of your Ledger device.

Purchase Ledger

Previously, many users in the Greater China region chose to purchase LEDGER products from overseas due to difficulties in domestic purchasing. However, this approach had long shipping times, required self-clearing customs, and carried the risk of customs delays. Additionally, users were concerned about the authenticity of the products they were buying. Now, as top channel service experts, ShangYi Group aims to address these issues comprehensively. Products will be shipped from Hong Kong with fast logistics and no customs risk. Furthermore, the products are sourced directly from the French headquarters to ensure authenticity and eliminate the risk of counterfeit products.

By purchasing through the official channels in mainland China, customers can also access official after-sales services, providing assistance with any questions or issues that may arise during use.

As the authorized distributor for Ledger in China, please verify the official website at www.sy-collection.com or visit the LEDGER website to get redirected to authorized reseller, clicking on the Greater China region to access the Shangyi official website. For customers in the Greater China region, it is advisable to make purchases through official channels to safeguard your digital assets.

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