Cryptocurrency Q&A What is Ledger legacy?

What is Ledger legacy?

Thu Jan 09 2025 | 7 answers 1047
I'm trying to understand what Ledger legacy is. I've heard about it in the context of blockchain and cryptocurrencies, but I'm not sure exactly what it means or how it fits into this domain. What is Ledger legacy?

7 answers

Fri Jan 10 2025
The term "Legacy" is utilized to signify the original Bitcoin address format.

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Fri Jan 10 2025
This format is easily identifiable as it begins with the number "1".

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Fri Jan 10 2025
Ledger Legacy is a specific type of Bitcoin account.

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Fri Jan 10 2025
It is known as a Ledger Wallet Legacy account.

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Fri Jan 10 2025
Users who have a Ledger Wallet Legacy account will have an address that conforms to this format.

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