Ledger’s New Multisig Feature Sparks Fee Debate

Ledger, a prominent player in the cryptocurrency hardware wallet space, has introduced a new multisignature (multisig) feature to enhance security and user control. However, this update has sparked controversy within the crypto community, with critics raising concerns about new fees they view as an attempt to extract revenue. The company’s decision to charge a $10 flat fee per transaction alongside its existing 0.05% variable fee for token transfers is causing friction, as some users perceive it as a cash grab amid efforts to improve security. Ledger CEO Charles Guillemet clarified that the multisig feature remains paid despite initial hints suggesting it was free. The controversy underscores ongoing discussions about the optimal balance between security, cost, and user trust in the rapidly evolving world of cryptocurrency hardware storage. [Note: this body is an excerpt from the original text – please adjust as needed.]