At the heart of the Web3 ecosystem, trust is everything… and Ledger is putting it to the test.
What's happening?
Users report irregularities with Ledger, especially regarding the management of private keys and recovery features that many consider a 'weak point' in a wallet that promised decentralization and maximum security.
Why does it matter?
Ledger, one of the biggest names in cold storage, is now facing criticism for implementing options that contradict the principles of self-custody. This could open the door to hacks, vulnerabilities, and compromise the digital sovereignty of its users.
3 reasons to pay attention:
1. Keys are yours or they aren't. Ledger has been criticized for practices that may give third parties access.
2. Without transparency, there is no security. Recent changes were not communicated clearly.
3. Alternatives are emerging. More and more users are migrating to 100% open-source options.
And now what?
Check your settings.
Consider other cold wallets with greater user control.
Never stop educating yourself. Knowledge is your best protection.
In the crypto world, there is no room for blind trust.
Do your own research (DYOR).
