The definition of GK Nano’s
GK Nano with a hardware wallet that is designed for the storage and operations in cryptocurrencies such as bitcoin, ethereum and other cryptocurrencies such as Litecoin, Bitcoin, Cash, and zcash for. Powered by USB connection, the Ledger Nano firmware includes the level of support for different cryptocurrencies, which allow users to send and receive payments in the cryptocurrency, check your account and manage multiple addresses for each cryptocurrency from a single device. (See. also, what are the safe ways of storing Bitcoin?)
Breaking down ‘the Ledger Nano s’
The device looks like a normal USB flash drive and can be connected to any compatible computing device via the accompanying USB cable. It can be used for Bitcoin, Litecoin, ethereum and other altcoins. It offers a suitable size built-in display in real time messages and Views for verification and confirmation of funds and operations on the device using the physical buttons.
It protects the company and cryptocurrency wallet addresses. Private keys of the user’s hard locked in the secure element of the device, making it reliable. 4-digit secret PIN code is requested each time the device is plugged into any transactions or queries, which prohibits any abuse in case of loss or theft. The device also supports FIDO® Universal second factor standard, which is used to simplify the validation process for compatibility and popular online services, as I hope, Dropbox and Gmail and github.
Currently GK Nano s supports more than two dozen dedicated apps for different cryptocurrencies and security features. Because the applications are enabled for firmware updates and browsing through the app catalog, they offer increased security and protection from malicious attempts. The device is also compatible with various book wallet applications that are compatible wallets software popular cryptocurrency, which can be installed on a computing device, like a PC.
GK Nano s allows for the safe import and export sheets recovery for fast backup and restore on any device the book is Compatible or wallets with standards BIP39/BIP44. The device claims that malware-proof, and compatible with Windows (7+ version), Mac (10.9+ versions), Linux or Chrome operating system. It receives power from USB, no batteries needed to operate the hardware wallet.
The Ledger Nano is a competitor of another popular device is called wallet KeepKey. (For more, see KeepKey (Cryptocurrency) definition.)