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What’s Next for Wallets After Ledger Recover Outrage? - Ep. 502
Unchained
The Problem With the Ledger Recovery Service
There's probably multiple issues or problems with the service that they were offering. And I think there was a massive disconnect between what most people understood about the role of a hardware wallet and the capability of a firmware. The tying of the recovery to a KYC and identification which breaks privacy is a problem. It's not also very clear that the recovery can be safe of impersonations, impersonations of ledger and impersonation of the users through the KYC. There are other big questions around how it's built. So the fact that it exists and it's execution,. although I have to say that I think they're going into the right direction. I think this was probably overblown, but I
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