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<p class="is-style-lead">Éric Larchevêque, the co-founder and ex-CEO of Ledger, a hardware wallet manufacturer, has spoken out in reaction to the cryptocurrency community&#8217;s widespread criticism of the release of Ledger Recover. </p>



<h2 class="wp-block-heading is-style-lead" id="ledger-is-not-flawed-despite-criticism">Ledger is not flawed despite criticism</h2>



<p class="is-style-default">Ledger Recover allows users of Ledger&#8217;s <a href="https://crypto.news/learn/crypto-hardware-wallets-2023-review/">hardware</a> wallet to back up their secret recovery phrases. </p>



<p>Larchevêque acknowledged that Ledger may have bungled its public relations but stressed that the issues weren&#8217;t due to technological flaws.</p>



<p>On Reddit, Larchevêque <a href="https://www.reddit.com/r/CryptoCurrency/comments/13ldgcl/my_personal_view_on_the_pr_disaster_from_a_ledger/" target="_blank" rel="noopener">address</a><a href="https://www.reddit.com/r/CryptoCurrency/comments/13ldgcl/my_personal_view_on_the_pr_disaster_from_a_ledger/" target="_blank" rel="noreferrer noopener">ed</a> mounting concerns, adding that Ledger was never meant to be a trustless solution. He said users should trust the hardware provider because &#8220;if you don&#8217;t trust Ledger, meaning you treat your hardware manufacturer as an adversary, that can&#8217;t work at all.&#8221; He further broke down Ledger&#8217;s security paradigm, confirming that the recent upgrade did not alter it.</p>



<p>The Ledger co-founder also acknowledged that, as CEO, he may not have done an excellent job of conveying the security approach to customers. Nonetheless, he stressed that Ledger&#8217;s security and the lack of a backdoor are unaltered, whereas people&#8217;s worries evolve with time. He also emphasized that nobody is obliged to utilize the Ledger Recover function.</p>



<p>Larchevêque parallels signing a transaction with Ledger and trusting the corporation to share the seed phrase. In response to a user&#8217;s proposal that there be two distinct firmware versions to deal with backdoor concerns, the ex-CEO said it wouldn&#8217;t help.</p>



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<h2 class="wp-block-heading" id="ledger-recover-upgrade-explained">Ledger Recover upgrade explained</h2>



<p>The Ledger Recover firmware upgrade is available as an over-the-air download. Once installed, it enables customers to enroll in a service where their seed phrases are backed up and encrypted by three independent parties. If a user forgets their recovery phrase, they may retrieve it using this function.</p>



<p>Users who had grown to depend on Ledger as a trustless option to secure their <a href="https://crypto.news/learn/how-to-get-a-crypto-job/">cryptocurrency</a> were understandably concerned about the prospect of the seed phrase leaving the hardware wallet.</p>



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<p>Nano S, Ledger&#8217;s cheapest hardware wallet, cannot upgrade to utilize the Ledger Recover feature owing to its chipset&#8217;s memory constraints.</p>



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Ledger co-founder addresses ‘Recover’ concerns, says wallet is secure

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