The Particl project has revealed that their token is now supported by the Ledger Nano S hardware wallet and, in a first for a cryptocurrency, will permit cold staking that does not involve the exposure of private keys.
The team made a special announcement, stirring interest for saying that the new development would be an unprecedented one in cryptocurrency. That promise has come true, though the significance of the cold staking feature will not make itself known until cryptocurrency becomes a mainstream phenomenon, and Particl itself grows in use.
Cold staking was first introduced by Particl in 2017, letting users sign and stake tokens on cold staking nodes without actually storing coins on them. However, the participation of the Nano S wallet marks the first time private keys will not be exposed in the cold staking process.
The introduction of this new feature can be seen as future proofing of the network, as cryptocurrency wallets are increasingly becoming a…