what is a ledger wallet 
ledger is a company that makes physical cryptocurrency wallets that look similar to usb drives or other storage devices the company offers users several hardware and cold wallet options ledger promises users that its wallets are safe and secure for use with crypto assets headquartered in france the company also has operations in san francisco it was launched by eight experts with backgrounds in embedded security cryptocurrencies and entrepreneurship the company s goal is to create secure solutions for blockchain applications 1types of walletsto understand the types of wallets ledger makes it s important to know what wallets do and how they are classified here s a quick refresher to use your cryptocurrency you re required to use private keys to access them these private keys which are long alphanumeric strings of numbers are what thieves and hackers are after because they are the weak link in a blockchain originally cryptocurrency users wrote or printed these keys on paper hence the term paper wallet and removed their keys from their computers to prevent theft however paper is easily damaged and as you might imagine many users lost their keys applications with user interfaces that ran on personal computers laptops and mobile devices were developed to make blockchain more user friendly attract more users and store the keys for you however these programs introduced an additional risk they were accessible to hackers and thieves because they are software based to address concerns over private key security and longevity cryptocurrency developers created other types of wallets cryptocurrency wallets are now generally classified into three categories hardware and software wallets can be further classified into 