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Would you stop using ledgers @HeptaSean or do you think

people are making false presumptions? For me it’s clear. No hardware should be able to extract the private key

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I think, I will continue using mine. Don't know if I will update firmware. Will definitely not use this Recover functionality ever. And will definitely not recommend Ledger as wholeheartedly as before. It *is* disappointing that key extraction is not prevented as fundamentally as previously thought. The communication of the Ledger team *is* totally disappointing (e.g., claiming that the keys never leave the secure module, while *obviously* enough information to recover them *does* leave the secure module is so far beyond …). To be honest, I thought that the secure module was safer, but could have known that that is not the case before that. This tweet somehow summarises my position: https://twitter.com/roinevirta/status/1658525016550416384 And the discussion below shows that it's clear for a long time that apps *can* get private keys from the secure enclave. On the other hand, Trezor as far as I know does not even *have* a secure enclave. If the argumentation is that a rogue firmware can get keys, that is very much also true for Trezor.

HeptaSean
I think, I will continue using mine. Don't know if...

So, our current only option is paper wallet?

Maximilius
So, our current only option is paper wallet?

Paper wallet cannot interact with smart contracts :(

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