“Essentially what we’re doing here is showing users how to keep their keys secure,” Anderson added. It will also simulate a transaction to show how it’ll impact the wallet, even when it’s a secure transaction. It has two features that aim to keep users safe when interacting with crypto: It analyzes smart contracts and warns users whether a transaction is potentially malicious, Carl Anderson, VP of consumer engineering, shared.
“A lot of people say web3 is hard to use, when you ask specifically how is it hard to use, they shrug, but I think it’s onboarding and connectivity,” Rogers said.
The extension aims to provide similar experiences to crypto wallets with browser extensions like MetaMask, but instead of being a hot wallet - which is connected to the internet and is more susceptible to online attacks - it will remain a cold wallet that allows users to interact directly with dApps through Bluetooth. It currently is available for use through a handful of dApps and platforms like NFT marketplace OpenSea and decentralized exchanges PancakeSwap and Curve, among others. It is only usable on Safari, iOS and MacOS today but will roll out additional support for Windows, Chrome and Chromium-based browsers like Brave, Opera and Edge “shortly after launch.” The Ledger Extension is compatible with Ethereum- and Polygon-based dApps and platforms and plans to support more EVM-compatible chains and Solana in the future, the company shared. “But that connectivity experience is still not super trivial and that’s what we’re talking about here and fixing this major usability problem of connectivity in web3.” “You think of Web 1.0 as usernames and passwords, Web 2.0 as log in with Facebook, Google, iCloud, Twitter, and web3 is connecting to your wallet,” Ian Rogers, chief experience officer at Ledger, said. Ledger, one of the largest cold storage crypto wallet providers, launched a browser extension to improve online security and connectivity for digital assets, the company exclusively told TechCrunch.
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