Xverse with Ledger Hardware Wallet Support

You can connect your Xverse Wallet to Ledger Nano S Plus or Ledger Nano X to store your BTC, STX, Ordinals, and BRC-20 tokens. 

However, you cannot link the same device to Ledger Live once it is connected to Xverse because Ledger Live is not Ordinals-aware. Therefore, you cannot see your inscriptions or BRC-20 tokens on this application. Ledger Live is an application interface for Ledger Wallet owners where they can buy, sell, and manage their crypto assets.

Furthermore, you should avoid connecting the Ledger hardware wallet linked to your Xverse Wallet to other Bitcoin wallets that don’t support Ordinals. On such wallets, Ordinals appear as regular BTC, which you could mistakenly spend in a transaction. 

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Yes. You can store Bitcoin Ordinals in a Ledger hardware wallet by connecting it to Xverse, a Web3 wallet that supports Bitcoin, Stacks, Stacks NFTs, Ordinal inscriptions, and BRC-20 tokens. 

The Ledger Wallet will generate and store the private keys to your Bitcoin Ordinals offline. So, this is an ideal option for someone who wants enhanced security for their inscriptions. 

Bitcoin Ordinals are non-fungible tokens (NFTs) directly minted on the blockchain. These NFTs, also called digital artifacts, are created through Ordinal Theory, a numbering scheme that assigns ordinal numbers to satoshis (sats) in the order in which they are mined. This process makes it easy for anyone to identify, track, and inscribe satoshis with images, audio, text, or videos. 

Inscribed sats can be transferred or traded on marketplaces like Gamma, Ordswap, and Unisat. Software developer Casey Rodarmor proposed Ordinal Theory in February 2022.

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Yes. You can store BRC-20 tokens in Ledger Nano S Plus or Nano X by connecting them to Xverse. Ledger hardware wallets create and keep the private keys to your BRC-20 tokens offline. This gives your tokens a higher level of security, which is superior to that of online wallets. 

BRC-20 tokens are fungible digital assets on the Bitcoin blockchain. They are created using the experimental BRC-20 token standard based on Ordinal Theory. Domo, a pseudonymous developer, introduced the BRC-20 token standard in March 2023. It is modeled on Ethereum’s ERC-20 token standard. Nevertheless, the two standards are considerably different, mainly because one is experimental and the other is not. 

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Ledger is a secure hardware wallet that leverages several safety measures to protect your private keys. Ledger devices produce and store private keys offline, keeping your assets safe from online threats. Moreover, Ledger devices have a Secure Element chip. This is a physical chip embedded in the device.

The chip is similar to credit card chips and protects your digital assets should someone get a hold of your Ledger device. A 4 to 8-digit PIN code is also used to keep anyone but you from opening the device and signing transactions.

Ledger hardware wallets undergo rigorous testing of their firmware and physical components. These tests are carried out by white hat hackers who look for all possible vulnerabilities and then fix them. 

Although Ledger goes to great lengths to ensure top-level security, you should still apply caution by purchasing Ledger devices from reputable retailers. Additionally, you should back up your private key by writing the recovery phrase on paper and storing it in a secure safe.

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You can still recover your assets if you lose your Ledger wallet. However, you can only do this if the secret seed phrase is backed up. This is why you must back up this phrase when setting up your wallet. The phrase represents all the private keys your device has generated. So, if you have 10 blockchain addresses on your device, the secret passphrase will represent all 10 addresses. 

The PIN code on your Ledger device prevents anyone from accessing your assets. That means you can recover your funds easily without worrying that someone else has gotten to them. To recover your crypto assets, enter the seed phrase in the correct order in a new Ledger hardware wallet or an online wallet. This will allow you to access all your assets and make transactions.

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You can still access your funds even if your hardware wallet is damaged if you have the private key. Simply purchase a new device and select the “restore wallet” option. Here, enter your seed phrase to gain access to your crypto. Alternatively, restore your wallet on an online wallet by entering the seed phrase in the correct order.

The confidential seed phrase or recovery phrase is a list of 24 words that should always be backed up. Otherwise, you risk losing your assets forever. So, while non-custodial wallets give you full control over your assets, you are also in charge of safeguarding your recovery phrase.

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Although hardware wallets store private keys offline, they could still be hacked. However, these hacks are physical, meaning the attacker must have direct access to the device. 

White hat hackers rigorously test Ledger Wallets to ensure maximum safety. Also, the Secure Element chip is resistant to all types of physical attacks, guaranteeing the safety of your sensitive information. Therefore, with Ledger’s robust security measures and the diligence on your part to keep your device and private keys safe, your crypto assets should remain secure.

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