markus - ethOS - e/acc-d
@markus
What the fuck is wrong with Ledger
8 replies
0 recast
10 reactions
EV3 Sal
@danconia-crypto
isn’t this basically fireblocks-for-retail? tbh i don’t get the backlash… not like they made it opt-out
1 reply
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2 reactions
markus - ethOS - e/acc-d
@markus
No. With this feature they confirmed that they (Ledger Company) can push firmware updates that mess with the seed phrase. This should not be possible under any circumstance
1 reply
0 recast
3 reactions
Dan Romero
@dwr.eth
Hmm, I think if you want that level of control don’t use a hardware wallet built by someone else? Order of magnitude more cases of people losing phrases
1 reply
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markus - ethOS - e/acc-d
@markus
If you're buying a "hardware" wallet, the assumption is already that the manufacturer and hackers cannot extract the seed phrase. And "Just DIY it" is something you can tell someone with years of computer science/cybersecurity experience, but not the average crypto user.
2 replies
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1 reaction
markus - ethOS - e/acc-d
@markus
Because if they don't have that kind of experience, it is inevitable that they fuck up
1 reply
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Dan Romero
@dwr.eth
Right, what I’m saying is the avg crypto user is an order of magnitude more likely to lose the phrase than be hacked / nation state compelling Ledger to back door. If you want maximum security, don’t use a company.
3 replies
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7 reactions