~snip~
May be someone can link us the topic. Sorry I am not good at searching forum stuffs.
May be someone can link us the topic. Sorry I am not good at searching forum stuffs.
The link to the board is in the OP, and the topic you are referring to is at the very top -> Reminder: do not keep your money in online accounts
I didn't look into this deeply, but my understanding is that it's opt-in. Do we know that people using Ledger are being put at significant additional risk just by upgrading their firmware, if they don't opt into any backup stuff?
Ledger claims that it is exactly so, but my opinion (as well as many others) is that this company can no longer be trusted - because what they do is the complete opposite of what every hardware wallet represents, which is that seed can never leave the device in such a way that it can be sent electronically, regardless of whether it is a voluntary consent or the possibility that someone inside the company or some hacker can use it.
The risk definitely exists, even for those who decide to use this service, because regardless of the way to protect such sensitive information (seed), it is just an additional risk that is also paid $9.99 per month, and requires KYC. We can only guess what the possible implications are for those who will use the new firmware without this option, but I think that people should be warned about what is happening.
