Ledger has introduced the new Ledger Flex device

[NikeFit_7777]

Hardware wallet maker Ledger unveiled its new Ledger Flex device at the Bitcoin 2024 conference in Nashville.

The company says it took into account all feedback about the difficulty of using previous models and introduced an intuitive touchscreen device. It is a continuation of the Stax lineup.

[PX-Z]

Nothing much new about the looks of the device, it's just the price getting higher and expensive.

Their slogan is "The world’s first ever secure touchscreen" so they admit that their past touchscreen device is not secured, the Blue and Stax, idk if there are still others lol.

And again, with all so many hardware wallet products, using one or two is enough, having more is just for collectibles purposes.

[Zed0X]

A result of commercialization eh? This is like seeing how phones releases new model each year with features that aren't really necessary. Anyway, this doesn't come as a surprise anymore since most products related to crypto are targeting mainstream users. I guess good job to them for another source of money?

[PX-Z]

This is like seeing how phones releases new model each year with features that aren't really necessary... I guess good job to them for another source of money?

Sounds like a yes, expect this new release will have limited software updates for at least 2 years just like Apple usually did. A device that only good for few years or maybe least since this is just a smaller device.

[TryNinja]

Looks slick, but when talking about managing crypto fortunes, the Ledger X probably has everything one needs. Cable or bluetooth connection and it has a screen big enough for me to see who I'm sending my coins to. Connect, view the transaction, confirm on the device. That's it, that's all I need.

At this point they are out of revolutionary ideas.

[ABCbits]

Their slogan is "The world’s first ever secure touchscreen" so they admit that their past touchscreen device is not secured, the Blue and Stax, idk if there are still others lol.

Good point. They might as well as stop producing and remove Stax from their website, just like what they did with Blue.

A result of commercialization eh? This is like seeing how phones releases new model each year with features that aren't really necessary.

I would compare with iPhone and iPhone mini. After all, Flex is cheaper with smaller screen compared with Stax.

[Charles-Tim]

Hardware wallet maker Ledger unveiled its new Ledger Flex device at the Bitcoin 2024 conference in Nashville.

It will not be a surprise if the wallet is having close source secure electrum and also able to let users send their seed phrase to their parties which is online. A seed phrase that should not leave the device. Also it will not be a surprise if the wallet will evade their users privacy as usual. If I have to use a wallet, I can never use Ledger Nano. If it is the only wallet that is existing, I will never use a hardware wallet.

[joniboini]

Makes me wonder how much profit do they actually make from selling stuff like this. Is their reputation really worth the cost to focus on mainstream devices instead of focusing on key consumer like HW enthusiast, who will likely continue to buy/research about HW instead?

Then again this is nothing new. So many companies produces terrible products, especially after they went public. Not sure what's the reason for Ledger though.

[Zaguru12]

Makes me wonder how much profit do they actually make from selling stuff like this. Is their reputation really worth the cost to focus on mainstream devices instead of focusing on key consumer like HW enthusiast, who will likely continue to buy/research about HW instead?

Then again this is nothing new. So many companies produces terrible products, especially after they went public. Not sure what's the reason for Ledger though.

I had read one time about them having low sell on their old products and even laying off some workers, but yeah they though going for a new revolutionary product like their fancy one will help keep them in the market, it’s laughable how most of these companies think, but the thing is they will still have people who will go after this product just for convenience sake without caring too much about their privacy, that’s how degenerated this space as turned out to be

[ABCbits]

Makes me wonder how much profit do they actually make from selling stuff like this. Is their reputation really worth the cost to focus on mainstream devices instead of focusing on key consumer like HW enthusiast, who will likely continue to buy/research about HW instead?

But even before they announce Ledger Recover, HW or security enthusiast already aware of other interesting option such as Trezor, ColdCard and Foundation Passport.

Then again this is nothing new. So many companies produces terrible products, especially after they went public. Not sure what's the reason for Ledger though.

Yes, it's somewhat common occurrence when investor or stock holder on public company focused so much on short-term profit. Ledger Recover which have price $9.99/month probably follow what other company does.

[Husires]

The product offers Seed phrase recovery which means Ledger may be able to access your private key without your permission. The device comes with a secure element chip but the surface is made of Aluminum frame and the price is exaggerated compared to the features.

[dkbit98]

Another closed source flex junk coming from ledger and they didn't even deliver most of the pre-ordered ledger stax devices 
This company is looking more and more like a ponzi scheme to me and they will run out of money sooner or later.
I wouldn't waste my money on flex or any other ledger devices.

[Aanuoluwatofunmi]

I wonder why they are introducing new developments when the one that should have been tackled by them was left unattended to, when they are gradually loosing their users, yet they are improvising on new technology application, this is about users privacy in which is no more secured with them, i think they have to reconsider this before introducing any offer or development to the community.

[Lucius]

I will not comment at all on the appearance or functionality of the new device, because honestly I would not take it even if they gave it for free. After the scandal with the leakage of a huge amount of personal data of users (which their CEO calls trivial) and the idea to enable the extraction of seeds in order to recover with the help of third parties, I don't know who would think of buying their product.

Fortunately for them, there are too many people who are not really even aware of the risks that come from using their devices.

[Rikafip]

After the scandal with the leakage of a huge amount of personal data of users (which their CEO calls trivial) and the idea to enable the extraction of seeds in order to recover with the help of third parties, I don't know who would think of buying their product.

There are still loads of new people coming into crypto every day who have no idea about the issues with Ledger. However, somehow they've heard about it, and there are even those who know all about it but still trust them. So, I'm pretty sure Ledger is doing just fine.

That reminds me of a situation on another forum (a general forum with a crypto subforum) where I was unsuccessfully trying to explain to people all the ways Ledger had lied to their users. They just didn't want to listen, in their minds Ledger was the best and most secure wallet.