The Ledger Nano X is the second generation hardware wallet from Ledger, a French company launched in 2014.4 Ledger’s first cryptocurrency product, the Ledger Nano S, was one of the first hardware wallets on the market and dominated the space for a number of years.Bitcoin wallets contain a user’s keys, not their actual bitcoin. Conceptually, a wallet is like a keychain in the sense that it holds many pairs of private and public keys. These keys are used to sign transactions, allowing a user to prove they own transaction outputs on the blockchain, i.e. their Bitcoin Wallet.

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