cards. Ledger Live companion app enables you to easily manage your crypto transactions. All your actions on the Ledger Nano S are visible on the devices screen, enabling you to control what is happening at any moment and to securely verify any transaction. In other words, secure element chips are extremely difficult and costly to hack, while simple chips, even with software protection, require much less effort. This kind of chip is used for highly secure applications, such as protecting biometric data on passports or credit card information. Simply use the 24-word recovery phrase provided during the initialization of your device to restore your accounts on another Ledger device. These chips undergo advanced third-party evaluation and certification processes, through certification bodies such as Common Criteria and emvco, to attest of their robustness security. Concretely, a secure-element chip is a tamper-resistant hardware platform, capable of securely hosting applications and storing confidential and cryptographic data. View more, the Ledger Nano S supports an extensive list of cryptocurrencies, including popular assets like Bitcoin, Ethereum, XRP, Litecoin and more. The Ledger Nano S supports over 30 cryptocurrencies, including Bitcoin, Ethereum and XRP, allowing you to manage multiple assets with the same hardware wallet.
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Additionally, Ledger has developed its own secure element operating system, named bolos - a flexible and open system making it easy to support many crypto assets. This enables Ledger hardware wallets to offer a unique blend of cutting-edge security (secure element) and user convenience (bolos while making sure your crypto assets can resist even sophisticated attacks. View more, while many hardware wallets on the market feature a simple chip, all Ledger hardware wallets are equipped with a smartcard chip, that include a secure element. View more, starting up with crypto assets can be confusing. The device also features an intuitive navigation: all actions are controlled by only 2 buttons. Your private key giving access to your coins is never exposed. The device is controlled by only 2 buttons, and all actions can be verified on its screen. Youll always be able to manage your assets by simply re-installing the application on your Ledger device.