Ledger’s ‘Recover’ Feature Sparks Controversy Amid Security Concerns

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. 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