It's quite fascinating to witness a self-custody focused company changing its stance to assure users, "You can trust us, though!" all in the pursuit of increasing revenue through a monthly subscription model that literally no one asked for 10/10. Fun Fact: If you use Ledger Recovery, your keys could potentially be subject to legal requests from any corresponding country with jurisdiction as confirmed by Ledger's CEO.
We have seen this already with Liberty safes. Apparently all the safes combinations are stored at the company cloud.. and yes, they've already proven to be anti-liberty as they gave FBI combinations for safes. (cue in the "I have nothing to hide/I'm not a criminal/the gov't can do anything they want" annoying ppl)
So if I use a ledger whatever type and don't choose to activate the recover function it's still the same as before or I'm wrong? No idea why all are hating now if that's the case and no one simply activates it.
@@Deviantard Ledger Recovery is an integral part of the chip embedded in Ledger hardware. It cannot be deactivated, as it remains present irrespective of updates. The problem lies in Ledger's misinformation, as they previously claimed that extracting keys from the hardware was impossible, which is factually incorrect with the introduction of Ledger Recovery.
This turning the Ledger from a cold wallet to a hot wallet. NOTE even with this being an opt in thing. The code is there in the firmware to allow for this. And in this, it has a major security risk if Ledger became a bad actor. Where with a true hardware wallet. It would be impossible for this to happen.
I have moved away, but not just because of this. Seems after an update to Ledger Live maybe like 3 months before this happened suddenly the Ledger Live app is no longer "live" and requires clearing the cache after every transaction to actually see updates. It's annoying and since companies never fix bugs anymore it's pointless to bring it up to them. I'll just get a 1000 hoops to jump through because we assume it's user error type response that leads no where.
Why i need to trust a third party company for my critical investments in crypto. Ledger sinking more and more to the bottom of the ocean. I don't know who is responsible there at the head quarters, something strange is happening with Ledger. Not your words, not your crypto. Don't trust any one.
J'ai un nouvel ordinateur donc je dois reconnecter mon ledger... mais depuis qu'il y a ledger recover, plus rien ne marche, et je reçois plein de pubs pour ce service qui ne m'intéresse pas. Bravo pour le marketing agressif en vue d'obliger les utilisateurs à passer sous ledger recover. En attendant, je suis dégouté de ledger. NB : j'ai mes ledgers, mes codes et mes phrases...... Mais pas de réponse de l'assistance
So i forgot my password and the forgot password dosen't work, when i put my gmail name and it says tap on the link in the email to change password but when i go check there is no link in my gmail...Pls help
The ledger Nano S is most safe as its the first one and has no hardware to support ledger recover..it was the first ledger built on Your Keys for your COINS!! But its meory is only 143 Kb so you can only put BTC and Ethereum , BSC on it! at once
@@thevivekmathema There were a couple ledger hardware wallets before the Nano S but they used a chrome app as an interface and were discontinued when the Nano S came out. Also you can put any coins on the Nano S at the same time but can only interact with a few at a time without uninstalling apps to make space.
Hey, the Identity Verification (IDV) process used in Ledger Recover is designed to be robust and thorough, using multiple sources of information to confirm your identity. This includes biometric data and a liveness check to ensure a real human is behind the data. Even in the case of identical twins, the IDV process is designed to differentiate between individuals. However, it's important to keep your recovery phrase and device secure to prevent unauthorized access. For more details on how Ledger Recover uses IDV, you can refer to this article: www.ledger.com/blog/part-4-genesis-of-ledger-recover-controlling-access-to-the-backup-identity-verification
If any Government(s) needs our Bitcoin under any "executive order" to take Bitcoin, we can all play our part for the cause by supporting this right ? Bonus would be feeling like Patriots as our bitcoin move quickly and simply i guess ?
I don't understand you. The mere fact that there is something in the closed-source code that allows sending a private key out onto the internet is an unacceptable risk for me, which I do not intend to take. And not to mention when someone misuses an ID card and identity. These cases are common. It's an unacceptable security issue with your new wallet feature. Thumbs down. My girlfriend has a Ledger wallet - I regret it. My girlfriend will receive a new Christmas gift from me - a new wallet. We will then ceremoniously burn the Ledger in the fireplace and toast to this moment with a glass of wine. You have tarnished the reputation of trustworthy crypto security.
Very poorly marketed great idea...Its very sensitive topic.... what you should have done is make one time security pin generated by ledger be generated by owner of account before things get sharded... you would end up with passcode known to user and his ID needed for recovery...
@@0Cindrum0 I thought about it more and ended ditching my ledger... lovely device... company is run by managers no one should trust.. still core idea is great about simplifying account ownership just poorly executed... maybe we can derive accoubts from irises and simple pin one day.
"Trust me bro" is Ledger's new security guarantee.
It's quite fascinating to witness a self-custody focused company changing its stance to assure users, "You can trust us, though!" all in the pursuit of increasing revenue through a monthly subscription model that literally no one asked for 10/10.
Fun Fact: If you use Ledger Recovery, your keys could potentially be subject to legal requests from any corresponding country with jurisdiction as confirmed by Ledger's CEO.
We have seen this already with Liberty safes. Apparently all the safes combinations are stored at the company cloud.. and yes, they've already proven to be anti-liberty as they gave FBI combinations for safes.
(cue in the "I have nothing to hide/I'm not a criminal/the gov't can do anything they want" annoying ppl)
Insanity
So if I use a ledger whatever type and don't choose to activate the recover function it's still the same as before or I'm wrong?
No idea why all are hating now if that's the case and no one simply activates it.
@@Deviantard Correct, it's now don't verify, have trust.
@@Deviantard Ledger Recovery is an integral part of the chip embedded in Ledger hardware. It cannot be deactivated, as it remains present irrespective of updates. The problem lies in Ledger's misinformation, as they previously claimed that extracting keys from the hardware was impossible, which is factually incorrect with the introduction of Ledger Recovery.
Nobody asked for this...
Goodbye Ledger 👋👋👋
😂😂 I don’t blame ya lol
This turning the Ledger from a cold wallet to a hot wallet.
NOTE even with this being an opt in thing. The code is there in the firmware to allow for this. And in this, it has a major security risk if Ledger became a bad actor. Where with a true hardware wallet. It would be impossible for this to happen.
They have completely ruined the very concept of cryptocurrency.
I switched to Trezor. My only regret is that I spent money on this piece of s....
Buying a Trezor Safe 3 so I can dump all Ledger products
Same
same
If I understand correctly, the thief only needs the person's ID and face to gain access. 🤦♂
The thief is your closest friends.
I want to make order on trezzor. Thanks, but no
No more ledger.
Thanks Ledger. Switching to BitBox 02 now. Bye Bye.
u got no coin anyways lol
Ah...havent all moved away from Ledger due to this 'feature'? Bravo
I have moved away, but not just because of this. Seems after an update to Ledger Live maybe like 3 months before this happened suddenly the Ledger Live app is no longer "live" and requires clearing the cache after every transaction to actually see updates.
It's annoying and since companies never fix bugs anymore it's pointless to bring it up to them. I'll just get a 1000 hoops to jump through because we assume it's user error type response that leads no where.
Thanks for the update which made me get rid of my ledger for good.
Only keep a small amount of crypto on ledger
should be split into 24 fragments
Was about to buy it. Good thing found out about this. Nope.
KYC for a ledger? No.
Letting Ledger store my seed phrase? No.
Anyone knows what the name of this song is?
Just waiting for my Keystone 3 Pro to arrive. Ledger this might end up being the biggest mistake you made so far in history.
Why i need to trust a third party company for my critical investments in crypto.
Ledger sinking more and more to the bottom of the ocean.
I don't know who is responsible there at the head quarters, something strange is happening with Ledger.
Not your words, not your crypto.
Don't trust any one.
How Can I Get In Pakistan?
is not safe, so keep your key offline. you can never trust anyone...
J'ai un nouvel ordinateur donc je dois reconnecter mon ledger... mais depuis qu'il y a ledger recover, plus rien ne marche, et je reçois plein de pubs pour ce service qui ne m'intéresse pas. Bravo pour le marketing agressif en vue d'obliger les utilisateurs à passer sous ledger recover. En attendant, je suis dégouté de ledger. NB : j'ai mes ledgers, mes codes et mes phrases...... Mais pas de réponse de l'assistance
So i forgot my password and the forgot password dosen't work, when i put my gmail name and it says tap on the link in the email to change password but when i go check there is no link in my gmail...Pls help
They won't help you
those who complaiming dont DYOR they just read the title 😂
isn't this for nano x only ? and not apply to nano s+
Hey, for now, this optional service is indeed available on the latest version of the Nano X, for Nano S plus, we do not have an ETA yet.
The ledger Nano S is most safe as its the first one and has no hardware to support ledger recover..it was the first ledger built on Your Keys for your COINS!! But its meory is only 143 Kb so you can only put BTC and Ethereum , BSC on it! at once
@@thevivekmathema so, nano s+ is a no go ?
@@thevivekmathema There were a couple ledger hardware wallets before the Nano S but they used a chrome app as an interface and were discontinued when the Nano S came out. Also you can put any coins on the Nano S at the same time but can only interact with a few at a time without uninstalling apps to make space.
What about if the person has a twin brother??
Hey, the Identity Verification (IDV) process used in Ledger Recover is designed to be robust and thorough, using multiple sources of information to confirm your identity. This includes biometric data and a liveness check to ensure a real human is behind the data. Even in the case of identical twins, the IDV process is designed to differentiate between individuals. However, it's important to keep your recovery phrase and device secure to prevent unauthorized access. For more details on how Ledger Recover uses IDV, you can refer to this article: www.ledger.com/blog/part-4-genesis-of-ledger-recover-controlling-access-to-the-backup-identity-verification
This is a betrayal
Please sell me a wallet back to Vietnam
If any Government(s) needs our Bitcoin under any "executive order" to take Bitcoin, we can all play our part for the cause by supporting this right ?
Bonus would be feeling like Patriots as our bitcoin move quickly and simply i guess ?
This is a corrupted company they have huge security flaws which will leave you exposed. Herd my warning ⚠️
Failed Ledger !
How could you betray trust....
I don't understand you. The mere fact that there is something in the closed-source code that allows sending a private key out onto the internet is an unacceptable risk for me, which I do not intend to take. And not to mention when someone misuses an ID card and identity. These cases are common. It's an unacceptable security issue with your new wallet feature. Thumbs down. My girlfriend has a Ledger wallet - I regret it. My girlfriend will receive a new Christmas gift from me - a new wallet. We will then ceremoniously burn the Ledger in the fireplace and toast to this moment with a glass of wine. You have tarnished the reputation of trustworthy crypto security.
"Trust me bro" is Ledger's new security guarantee.
👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻👎🏻
Be your own banke never trust this instituet, this show me so much of disrespect guys!!!
Lastima ledger
Je regrette que toutes vos communications soient uniquement en Anglais et jamais en Français 🤷♂️
Very poorly marketed great idea...Its very sensitive topic.... what you should have done is make one time security pin generated by ledger be generated by owner of account before things get sharded... you would end up with passcode known to user and his ID needed for recovery...
Oh yeah that would change everything
@@0Cindrum0 I thought about it more and ended ditching my ledger... lovely device... company is run by managers no one should trust.. still core idea is great about simplifying account ownership just poorly executed... maybe we can derive accoubts from irises and simple pin one day.
slabo pokazane
Start including Kaspa among your supported assets instead of working on this non sense piece of s*** !