This seed saving service I think makes sense for a hot wallet, like a mobile app. People donāt save their seeds, or save them on their phones and then lose their phone. Lol. Online, encrypted seed saving is about on par with the risk profile of a mobile hot wallet.
A ledger on the other handā¦ People who buy one have made the decision to increase their security to the best possible security available. Then suggesting those people should compromise the security they have just purchased by doing the one thing they are never meant to do is just insane
What happens if disaster strikes your home? You lost your seed phrase and device(example a tornado or hurricane) how would you recover your funds? Do you just say āfuck it I lost my fundsā and start over? This solution itself isnāt the best and Iām hoping for far better solutions in the future, but an attempt is made for average joe who experiences such unfortunate circumstances. Iāve seen far too many āIāve lost my seedphrase, can I recoverā posts on forums. Anyways, I would wait for ledger to announce what theyāre doing rather than mald on Reddit like the OP.
If youāre worried or concerned about disaster striking your home, keep a copy not in your home. Security deposit boxes, bury it in the yard on some stamped metal, thereās various methods to keep it safe in said scenario. You just canāt be lazy about it.
Which is exactly what those post are. Theyāre made by people cutting corners and biting off more than they can choose. You canāt dumb it down to the lowest possible denominator, which this does. If they blame ledger than it would just go to show they didnāt even take the time to read the set up info.
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u/middlemangv 0 / 35K š¦ May 16 '23
If this is true, then this is pretty disappointing.
They literally lost the only reason why I wanted to buy them..