Ledger Delays Recover Rollout After Self-Custody Backlash
Ledger's Recover service proposed an optional way to back up encrypted fragments related to a wallet's seed through third parties. The announcement triggered intense concern among self-custody users about trust assumptions and firmware capabilities; on May 23 Ledger said it would delay the rollout until more of the relevant code and protocol had been open-sourced.
Ledger's Recover service proposed an optional way to back up encrypted fragments related to a wallet's seed through third parties. The announcement triggered intense concern among self-custody users about trust assumptions and firmware capabilities; on May 23 Ledger said it would delay the rollout until more of the relevant code and protocol had been open-sourced.
The security connection was direct Bitcoin self-custody/security culture. The record distinguishes the public disclosure and resulting custody lessons from any claims about attack mechanics that were not conclusively established.
The Bitcoin connection ran through bitcoin self-custody/security culture. Major hardware-wallet custody controversy; rollout delayed after backlash.