2019-2-16 00:57 |
Ledger, the popular hardware wallet manufacturer, will be increasing storage capacity on its Ledger Nano S devices after a recent firmware update decreased their storage. The information was released by the company in a blog post on February 14.
According to the firm, they released a firmware update for the Ledger Nano S with the intention to create new cryptographic algorithms and introduce a series of critical security enhancements. Although it was possible to achieve the expected results, they also had an unintended consequence that they did not plan for: impacting Ledger Nano S storage.
The blog post released by the company reads as follows:
“When planning for this update we didn’t anticipate the impact it would have on Ledger Nano S capacity. This was not planned obsolescence, simply put, we messed up. We apologize and we’re committed to making it right.”
Now, the team is working to restore the Nano S capacity back to a similar level before the update. As the company explains, the process would not be easy, since the company will have to be sure that the security improvements made during the update remain in place. According to the firm, the intention is to have this done during the second quarter of this year.
Moreover, Ledger informed that they are currently working on new features for the nano S. The recently launched Ledger Live mobile app will also soon be compatible with the Ledger Nano S for Android users.
They have also informed that they are adjusting their organization and processes to be sure that these things do not happen again in the future. At the end of the blog post, they explain that they take responsibility for this situation and are going to be taking action to solve this problem.
Ledger offers a wide range of products and services for users to store their digital currencies in a safe way. One of the most popular products sold by the company is the Ledger Nano S device. A few weeks ago, the firm released the Ledger Nano X, which is very similar to the Ledger Nano S but with a new design, more storage and a larger screen.
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