Posted on 2019-10-05 by Cryptoxic
Status: Seeking funding
A hardware wallet is a special type of wallet which stores the user's private keys in a secure hardware device. They have major advantages over standard software wallets:
I personally have the Ledger Nano S which I have already tested on, however, Ledger recently released a new device which is the Ledger Nano X which also requires testing on. Below is the price of the Ledger Nano X from the official Ledger store which should be the only place where Ledger hardware wallets are purchased from for safety.
Approximate cost of execution / Fees:
Exchange Transaction Fee: 0.2% per trade Trading MSR to BTC at Tradeogre: 4000 MSR (Adjusted for price variation)
Ledger allows for purchase with BTC, therefore no exchange to fiat needed.
Final execution budget:
Total Budget for Proposal Request: 5000 MSR or ~US$209 (Device + Labour)
To implement an app on Ledger devices like the Nano S and Nano X in order to store MSR on Ledger hardware wallets. This will be a huge boost for brand awareness as well when implemented as many people look for a hardware wallet option in a project.
An app for the Nano S and Nano X should be listed on Ledger Live and integrates with the GUI wallet application.
I have ported a few apps for the Nano S and Nano X for other projects and you can view them on my github repo: https://github.com/Kryptoxic
Budget for proposal has been adjusted but there is no way to edit the amount in the proposal other than editing the description.