Crypto wallet manufacturer Ledger has officially introduced “Recover,” a feature
aimed at helping users recover their private keys. Despite its promise of a
safety net, the feature has met skepticism and disapproval from a section of the
crypto community.
aimed at helping users recover their private keys. Despite its promise of a
safety net, the feature has met skepticism and disapproval from a section of the
crypto community.
Unveiling Recover: A Double-edged Sword
The feature uses encryption, duplication and splitting of users’ private keys
into three parts, shared across Ledger, crypto security firm Coincover, and an
independent backup service provider.
Traditio