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Ledger Launches Distributed, KYC-Based, Cloud Seed Recovery Service Then Quickly Deletes It

- Previous articles state that Ledger Recover service splits a wallet recovery phrase into three encrypted shards and distributes them to three custodians. The service is supposed to cost $9.99 per month.

- “A lot of people say they cannot enter crypto because they can’t manage the recovery phrase. It’s the industry problem. Making that pain point go away will trigger a lot more people to join the space,” Ledger CEO Pascal Gaunthier was quoted as saying.

https://www.nobsbitcoin.com/ledger-to-launch-kyc-cloud-based-recovery-service/

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Discussion

SGT.FISH 2y ago

Lol whut

nostr:nevent1qqs839cq2qz85q4m6ka67uyp7ycq0yuhpcul8ln5tzrlxutqvedqxmqpp4mhxue69uhkummn9ekx7mqzyzu62d6j8wazlndws47epk98vr0y7gfee8usmxr0w37w058vp5tn6qcyqqqqqqg4key8k

Michael Matulef 2y ago

nostr:nevent1qqs839cq2qz85q4m6ka67uyp7ycq0yuhpcul8ln5tzrlxutqvedqxmqppemhxue69uhkummn9ekx7mp0qgstnffh2gam5t7d46zhmyxc5asdunep88yljrvcda68ee7sasx3w0grqsqqqqqpz9essd

Change this if you want 2y ago

Ledger being ledger 🤮

Antares 2y ago

Not sure Trezor is any better unfortunately….

Change this if you want 2y ago

Yeap! I never used trezor and ledger and not gonna do so

21 Stackage 🦡 2y ago

I'm switching to a Coldcard ASAP

Change this if you want 2y ago

Coldcard is the way!

21 Stackage 🦡 2y ago

Fuck Trezor

Rafa ⚡🌿🌴𓆏 2y ago

Lol "it's opt in bro!!!" Bruh they have all your keys 💯

21 Stackage 🦡 2y ago

Not managing at least 12 words isn't a pAiN pOiNt, it's laziness. Did people ever say "ah geez dood I can't use Netflix, how am I gonna remember a password dood" ?

Theory of Everything 2y ago

My mom said I am pretty. Did you get the new ledger nano?