Crypto community reacts to Ledger wallet's secret recovery phrase service
- bhoomisinghal0
- May 17, 2023
- 1 min read
Several members of the cryptocurrency community, including Ledger wallet owners, have taken to social media to express their discontent following the release of the latest Ledger feature. The newly introduced recovery solution for its hardware cryptocurrency wallets, known as Ledger Recover, aims to offer a safeguard in case users lose their seed phrase. Ledger Recover is a subscription service that allows users to use an additional layer of protection for their private keys. The wallet provider shared that Ledger Recover is an optional subscription for users who want to backup their recovery passphrase. However, Mudit Gupta, Chris Dunn etc including other security specialists have shared their views.
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