Ledger announces the discontinuation of updates for Nano S, sparking controversy as users worry about security risks.

[Chain News] PANews June 26th news, the major hardware encryption Wallet supplier Ledger announced last month that it would gradually phase out the Ledger Nano S launched in 2016, no longer accepting new applications, feature submissions, and application updates, and encouraging users to upgrade their devices. This news was released last month, but has recently sparked heated discussions on social media, with user comments mixed with anger, disappointment, and helplessness.

The Pcaversaccio of the Ethereum ecosystem criticizes Ledger for forcing users to purchase new devices, claiming that it neglects backward compatibility and restricts new features and access for commercial reasons. Beau, the security project manager of Pudgy Penguins, also stated that this is a “major blow” to users, reminding those using the Nano S to back up their seed phrases and transfer assets if necessary. Some users are concerned about the usability and security issues after the device stops receiving updates, and Beau believes that while the device may still be usable, the lack of updates makes it more prone to failures or security issues. Tornado Cash developer Roman Semenov stated that he has not updated his Ledger for years, and the device still works normally. As of now, Ledger has not responded to requests for comments.

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