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Ontology [ONT], VeChain added on Ledger with 6 other cryptocurrencies

Akash Anand

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Ontology [ONT], VeChain added on Ledger with 6 other cryptocurrencies
Source: Unsplash

On 7th August, Ledger announced that their cryptocurrency wallet will now support the transactions of Ontology on the platform. The company has also said that the Ledger support via its desktop wallet will be released as soon as possible with updates in the pipeline.

The Ledger support was a part of the Crypto Tuesday launch of the Ledger wallet. Ledger stated on their official blog:

“While we’re proud to be supported by such an active community, we’re also conscious that we can go even further to help developers prepare applications for Ledger devices. In an effort to streamline the process behind the development and release of new device applications, Ledger is strengthening its third-party application process and launching First Tuesday Crypto, a brand new rendezvous for the Ledger community, happening every first Tuesday of the month.”

The company has revealed that the validation process for the third party application will be given guidelines that would ensure seamless transactions.

Ledger officials were excited to inform users that other cryptocurrencies are also added onto the wallet. Their official Twitter handle stated:



“Happy #FirstTuesdayCrypto ! Ledger now supports PoA, Icon, VeChain, WanChain, Ontology, Kowala, particle and RSK. These 3rd-party apps for Ledger Nano S are available on Ledger Live”

The company has added eight more third-party applications that have been developed on the network. A report from Ledger also states that fifteen out of the thirty-seven applications supported by Ledger are ready to be used.

Ledger was also in the news recently for giving support to ICON with an official Medium blog post.





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Bitcoin

Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra

Febin Jose

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Bitcoin’s [BTC] biggest threat is its users, not governments, says Bitcoin.org’s Cobra
Source: Pixabay

Bitcoin [BTC], the world’s largest cryptocurrency, saw a significant surge earlier this month, helping the coin break strong resistance at $5,000 and $5,200. Following the great fall of the king coin in early 2018, the Bitcoin ecosystem was struggling with scalability and technological issues, eventually leading to the hard fork.

Bitcoin.org’s Cobra, who is also the co-owner of Bitcointalk.org, has always maintained that Bitcoin was the cryptocurrency to look out for through his various Twitter bouts with prominent personalities in the cryptoverse. Due to his strong, unbridled support for Bitcoin, he has often trashed altcoins for their low market dominance.

In a new Twitter thread, Cobra spoke about the “biggest threat” to the Bitcoin ecosystem. Even though many crypto-enthusiasts believe that governments and technological issues were the biggest threats to the king coin, Cobra had a completely different opinion.

According to the Bitcoin maximalist, users have the potential to signal Bitcoin’s doom. His tweet read,

Source: Twitter

Source: Twitter

Though most Bitcoin supporters usually support his opinions, this tweet was met with a lot of resistance. Twitterati swarmed the thread in an attempt to prove him wrong. A user named @MrHodl alleged that this could not be true as Bitcoin had “no community.” He added that this, in turn, prevented toxicity in the ecosystem.

Cobra replied to the tweet stating,



“I think there is a community, it’s just not fully representative of everyone with a stake in Bitcoin. Most holders are quiet and not too familiar with what’s going on. There’s people with 1000+ BTC and they don’t engage at all with discussion platforms, just lurk.”

Some Twitter users took it as an attack on Bitcoin investors and opposed Cobra’s stance. A user @CarstenBKK commented,

“Maybe I am lost in translation. What do you wanna tell us? That you are part of Bitcoin network of people owning/using it, but you are just disgusted by the idea, that the network is called community in the sense of direct human collaboration and affection to the groups ideals?”

Previously, Cobra had accused Twitter’s Jack Dorsey and Square Crypto of pandering to Bitcoin users, while also suggesting that the crypto project was merely a way to bring in more users for Dorsey’s CashApp. His tweet read,

“Gotta respect how hard @sqcrypto is pandering to Bitcoiners. Very clever how @Jack has embedded himself in the community; in return the community promotes @CashApp, which gives that service a small but dedicated and activist group of early users.”





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