Not endorsing or criticizing, just pointing out this is the most 'relevant' part of the message for Stackers following this drama —
So, we have made the decision to accelerate the open sourcing roadmap! We will include as much of the Ledger operating system as possible, starting with core components of the OS, and Ledger Recover, which won’t be released until this work is complete. Furthermore, we will open source the Ledger Recover protocol, enabling the community to have as much choice as possible over your self-custody,in addition to the service being fully optional. Our CTO and engineering team will share and update this roadmap.
I think it's incumbent on us to insist on open source tools in this space.
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I think it's incumbent on us to insist on open source tools in this space.
Agreed, you can't "don't trust, verify" without the source code being open.
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What Bitcoin Did podcast has a nice panel discussion of the situation with NVK and Matt Odell
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Continue to confuse public perception. Ledger is now not only a hot wallet but a custodial wallet. The function of the hardware wallet is just for decorate, to convince everyone that it is safe. In fact, the attribute of the Ledger wallet has changed.
FTX can use Yubikey to login, which does not guarantee that your bitcoins are safe. Using hardware does not imply security.
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I recently had a ledger nano s plus that was less than a year old and I noticed the case was cracked. Since the warranty is 2 years I contacts Ledger support and holy hell did they have good customer service. They had me send the ledger back with a prepaid shipping label and sent me a new device. Everything was quick and the support person acted like a real person rather than a robot.
I think this response from the company is the correct one.
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