Have you seen the recent controversy surrounding Ledger's proposed ‘Recovery’ service which promises users of their hardware wallet the ability to backup their private seed phrase?
The proposal was met with a brutal backlash to the extent that the executive team at Ledger decided to pause the update with the view of publishing an “open source roadmap” outlining how the company will bring more verifiability to its products.
Both Sam and I use the Ledger hardware products so we were keen to fully explore the complexity surrounding this issue and delve into what the future may hold.
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The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the content creators who are not licensed financial advisors or registered investment advisors. Trading cryptocurrencies poses a considerable risk of loss. We do not guarantee any particular outcome.