Hello, so with the whole ledger recovery service that was introduced not too long ago many people went to other hardware wallets. I did not, I wanted to wait and see what happens. I thought people were blowing this out of proportion and now the dust has settled it seems it may be the case.

What is your verdict? Safe? Avoid?

I believed they lied about not having a back door and now found out they do. And also being closed source who knows what can be taken by them. But any hardware wallet service can deploy a new software update and take your keys as most people do not know how to verify the source even if it is open. And if people do find out they will do by other people who have checked it and by that point a lot of keys may get stolen if something or someone decided to go rogue at the respective hardware company. I believe this cannot be applied to all hardware companies due to the design of the device.


All help and views are appreciated thank you.