Edited By
Aisha Malik
A growing concern among Ledger Nano S users has sparked speculation about the functionality of Ledger Live moving forward. Despite fears of discontinuation, sources confirm that users can still send their ETH and ERC-20 tokens, albeit without future updates.
Many users are worried about the long-term viability of their Ledger Nano S devices. One comment notes, "You can still move your ETH and tokens just fine. Theyβre just not updating the device anymore," suggesting that while the device works for now, there are risks ahead.
The lack of security updates has left the community divided. While some affirm that having your seed phrase protects your assets, others voice concerns over potential security issues down the line. As one user puts it, "As long as you still have your seed phrase, this does not matter much. Your cryptos are not stored in your nano s."
π Ledger Live is still functional with Nano S, but security updates will cease.
β οΈ Security risks may increase over time, leaving users vulnerable.
π‘ "It wonβt be getting security updates in the future," warns a concerned user.
Most sentiments lean toward caution. While some users are okay with the lack of updates, others express unease about potential future vulnerabilities. The question remains: how long before these security concerns become critical?
With no official announcements regarding discontinuation, Ledger users await clarity. As 2025 progresses, the crypto community keeps a watchful eye on further developments. Until then, users are advised to secure their seed phrases and remain vigilant.
For more information on crypto security measures, visit Ledger's official website.
Stay tuned for updates on this developing story.
There's a strong chance that Ledger may eventually phase out support for Ledger Live entirely for Nano S users, given the lack of updates. This could happen within the next year, as security vulnerabilities become more apparent. Many in the crypto community are estimating around a 70% probability that users will need to transition to newer models or alternative solutions soon. Continued reliance on outdated hardware could expose people to significant risks, making it essential for them to keep their seed phrases secure and stay informed.
A parallel can be drawn with the decline of certain tech products, such as the once-popular Palm Pilot, which faced obsolescence as smartphones surged in popularity. Just as Palm users clung to their devices despite the advent of superior options, Ledger Nano S users might ignore the inevitable shift toward updated technology, believing their current system suffices. This scenario reminds us that while legacy systems can function for a while, the looming shadows of advancement and security often force people into uncomfortable but necessary transitions.