If ledger went rogue could they just nick everyone's passphrase

My layman understanding tells me the seed phrase is split on your device within the secure element then each part is sent to partners. Is it not a concern that a bad actor could aquire the entire phrase? If ledger can program it to split the seed phrase 3 ways and send it out can they not program it to send out the whole thing too? Just thinking worst case, I know they have a reputation to uphold etc

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11 месяцев назад

Jonny

Lord ᕫoo ᕫoo
My layman understanding tells me the seed phrase i...

Some people might go with paper wallets if they can’t trust ledgers.

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11 месяцев назад

Lord ᕫoo ᕫoo Автор вопроса

Jonny
Some people might go with paper wallets if they ca...

Using a seed phrase generated on a ledger?

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11 месяцев назад