“Ledger’s mission is security and ease of use,” said Charles Guillemet, Ledger Chief Technology Officer, during a Twitter Spaces on Tuesday, explaining the company’s new roadmap to make its plans transparent to users of its hardware wallets. 

The one caveat: Some of its code needs to remain closed and proprietary due to the company’s security processes, Guillemet said.

The cold storage crypto wallet company’s entire executive team hosted a town hall on Twitter to explain why the launch of the company’s controversial Ledger Recover service was being put on hold, and answering the community’s questions about the recent update to its firmware to support it.

Last week, the company drew the outrage of the crypto community after announcing the new feature. Ledger Recover is an ID-based private key recovery service that would allow users to backup their private seed phrase and tie it to their personal identity through three different custodians. The service was priced at $9.99 per month. 

After the

Go to Source to See Full Article
Author: Pedro Solimano

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details