The Importance of Ledger in the Blockchain Ecosystem

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Security is a journey. It's impossible to say, okay, I build a hardware that I put some like firmware and so on. And that's it. Like everything is engraved in the marble and I can't change anything. If you do that, your product won't be secure for a long time. You always have to improve security to raise the bar for security. So we are doing quite often upgrades in order to add new features.

Ledger has been the center of attention since the announcement of their new “Recover” feature which has brought into question how secure our Ledger devices actually are.

Charles joins us to walk through how exactly this recover feature functions, breaking down how a Ledger actually functions, and possible paths moving forward.

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------ Topics Covered

0:00 Intro 6:21 Ledger's Recover Service Overview 18:40 Is Ledger Recover Forced or Opt-In? 23:07 Dissecting a Ledger Device 29:41 Can Firmware Reveal Private Keys? 36:54 A Social Contract With Ledger 42:31 Assurance Of No Back Door 51:16 2-Part Firmware Solution? 57:42 Will Ledger Forget About Us? 1:02:46 Closing and Disclaimers

——— Resources:

Charles https://twitter.com/P3b7_

Ledger https://twitter.com/ledger

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