Open source: Buzzword or real security for crypto wallets? By Cointelegraph

Last month, hardware crypto wallet manufacturer Ledger announced its “Ledger Recover” program designed to allow customers to back up their seed phrases to the cloud and link it with their real-world identity.

The announcement was met with heavy pushback from the crypto community, as many saw it as opposing the ideals of blockchain security and the decade-old mantra of keeping custody over one’s own keys.

What your hardware wallet isn’t