Ripple CTO Weighs in on Ledger Controversy: Details

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Ripple CTO Weighs in on Ledger Controversy: Details
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Ripple CTO delves into Ledger controversy discussion RippleXRP XRPArmy XRPCommunity Ledger

Security concerns have been raised over the new product since many people believe hackers could use the service to"recover" the seed phrases of users.

Schwartz referred to a Nov. 15, 2022, tweet wherein Ledger made it known that private keys never leave the Secure Element chip, which has never been hacked. The Ripple CTO mentioned that this was what was understood until recently about Ledger's security model and value proposition.In another thread of tweets where the Ripple CTO and Solana co-founder Anatoly Yakovenko responded to a user's concern about the new Ledger product, Schwartz maintained his stance:"I trusted them to design a device not capable of exfiltrating keys because that's what they explicitly said.

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