Ethereum DApps Now Accessible to Ledger & Trezor Wallets via MetaMask
The Ethereum Blockchain network will soon be accessible to Ledger wallet devices. This follows after MetaMask, an extension browser for Ethereum incorporated features to facilitate interaction between Ethreum’s DApps and the crypto users operating hardware wallets.
Recently, MetaMask updated its network releasing a version 4.11.1 of its product to the cryptocurrency market. Through this update users will be able to link Ledger devices like the famous Ledger Blue & Nano S wallets. These networks can now interact with Ethereum’s Decentralized Apps directly via the MetaMask gateway.
The Ledger support feature had been long requested by the cryptocurrency community leveraging the MetaMask network functions. Now that Ethereum DApps are Ledger compatible users can operate their day-to-day crypto transactions via MetaMask & achieve the desired outcome. This is regardless of whether they are on coin exchanges or using CryptoKitties.
Therefore, ETH users will be able to secure their private keys by integrating their Nano S or Leger Blue wallets with MetaMask. This is less risky compared to using a local cryptocurrency account to manage your crypto portfolio.
This move will expand Ethereum’s horizon especially in DApps adoption. A good number of crypto enthusiasts were eagerly waiting for Ledgers to be supported by blockchain networks to leverage the technology. Maker’s CDP network is a probable hot pick going forward since users are able to enter into long positions within the Ethereum smart contract ecosystem.
MetaMask support for Ledger devices is generally a prospectus move for the whole cryptocurrency industry. Coin exchanges might see an increase in participants due to improved digital asset security while transacting.