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🔐 What's the latest with Ledger's key recovery service? Last week, when Ledger announced they're introducing a new feature - key recovery - it was met with uproar online. Although the feature is opt-in, because it would allow users to retrieve their private seed phrase, it could also provide a backdoor for their seed phrase to be removed from the device. After sweeping criticism from the crypto community, Ledger announced they would make the code open-source. #cryptocurrency #wallet #crypto2023 #crypto

🔐 What's the latest with Ledger's key recovery service?

Last week, when Ledger announced they're introducing a new feature - key recovery - it was met with uproar online.

Although the feature is opt-in, because it would allow users to retrieve their private seed phrase, it could also provide a backdoor for their seed phrase to be removed from the device.

After sweeping criticism from the crypto community, Ledger announced they would make the code open-source.

#cryptocurrency #wallet #crypto2023 #crypto

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