Ep. 244 - Nothing Sexier than Secure Private Keys: Eric Larcheveque, Founder, Ledger

CRYPTO 101

Bryce Paul & Brendan Viehman

Business News, Business, Tech News, Investing, News

4.3 • 841 Ratings

🗓️ 27 June 2019

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Eric Larchevêque is back in the Crypto 101 studios to update you on the recent developments at Ledger. Bryce, Pizza and Matthew ask about the Ledger Nano X, the difference between Ledger products and their competitors and production delays for various products in the evolving Ledger lineup. Previous episode with Eric: https://podcasts.apple.com/au/podcast/ledger-nano-x-w-ceo-eric-larcheveque/id1262351840?i=1000428303040 Guest Links: Ledger Website: https://www.ledger.com Twitter: @EricLarch Show Links: CRYPTO101podcast.com iTunes: https://podcasts.apple.com/us/podcast/crypto-101/id1262351840?mt=2 Patreon: https://www.patreon.com/user?u=8429526 Twitter: https://twitter.com/Crypto101Pod twitter.com/BrycePaul101 https://www.instagram.com/crypto_101 https://twitter.com/PizzaMind ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ♫Music By♫ ●Karuna - Between Worlds ●Song - https://youtu.be/HjyvhajI0bs ●Follow Karuna - https://www.bassrebels.co.uk/Karuna ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ **THIS IS NOT FINANCIAL OR LEGAL ADVICE** © Copyright 2019 Boardwalk Flock, LLC All Rights Reserved Our Sponsors: * Check out Mars Men: https://mengotomars.com * Check out NPR: https://npr.org * Check out Quince and use my code quince.com/crypto101 for a great deal: https://www.quince.com * Check out Scribe and use my code Scribe.how/CRYPTO101 for a great deal: https://scribe.com/Crypto101 * Check out Shopify and use my code shopify.com/crypto101 for a great deal: https://www.shopify.com * Check out Webroot and use my code webroot.com/crypto101 for a great deal: https://www.webroot.com Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy

Transcript

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0:00.0	Good morning, Crypto 101ers. This is Bryce, your new host. And this is Pizza Mine.
0:06.6	And today we have a very special guest. His name is Mr. Eric Larchevac, and he is the founder and the
0:13.0	executive chairman of Ledger. Ledger is the hardware wallet company with the Nano, the NanoX, the
0:20.1	nanoS. They've got a bunch of great private key management
0:23.8	solutions. And here we are today to introduce you to Eric. Eric, welcome to the show. Hi. Thank you.
0:29.5	Thank you for having me. We are very, very excited. So today for our audience, just to set a quick
0:34.9	agenda, we actually had Eric on the show previously,
0:37.8	so I want to refer you to that episode to check out some of the basics on private key management.
0:42.2	We'll do a little refresher here to our audience because you can never overstate the importance of good private key management.
0:47.5	We're going to look at the nanoX, which is the newest product, the Bluetooth ledger,
0:51.7	and we are going to go through some of the strongest selling points about
0:55.2	the NanoX compared to some of the others. So without further to do, Eric, why don't we start off
1:00.4	just by talking about some of the basics of private key management? You know, what is a private
1:04.6	key and why are they so gosh darn important? Yeah, of course, when you own Bitcoin or any kind of
1:10.5	crypto assets, what you really own is a private key. So it's very important to be able to manage it securely. A private key, it's just information. It's a bunch of zero and ones that you can write on a piece of paper, but that you can also store in a computer, and basically it is used to sign a transaction.
1:30.3	Whoever has access to the private keys can sign a transaction which is going to update
1:35.2	the blockchain, which is basically going to change the position of Bitcoin from one account
1:41.5	to another.
1:42.1	So basically, the private key is like a beer bond.
1:46.1	Whoever has it, has access to the funds. And that's why it's very important to secure them.
1:52.3	And that's why we are providing with hardware wallet, digital safes, which basically are going
1:58.8	to give a guarantee about the isolation of your private keys.
	...

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