On the Ledger: Ledger's Open Source Model

[@aerandir1414]

This podcast is actually very educative, as long as you have the basic knowledge to understand the arguments. It was a great idea to also explain why you didn't chose the same path as some other hardware wallet manufacturers. The only complain I have is that it seems like you only value security. Of course, security is extremely important in crypto, but you cannot ignore that trust is very important as well, and maybe as much or even more than security. The crypto space is all about trust (or rather the lack of trust), and comes from people not trusting thirds parties, especially the banking big corporations. On top of that, the ones that usually buy hardware wallets are people that don't even trust centralized exchanges. It's hard to explain to Ledger's potential client, who are by definition people that don't trust anyone, and especially any company, that they need to trust the Ledger. Nonetheless, this podcast does a great job at showing that with the current technologies, there is no way to have security without some kind of trust. I hope the technology will evolve and you'll find ways to add trust on top of the great security layers you've developed 🙂

[@gianlazzarini]

When Charles was talking about Verilog to FPGA process requiring trust on the hardware manufacturing vendors; was that in response to the question about an open source secure element? Or was that a comment on an aspect of specific other non ledger devices that use FPGA’s. Or was that in regards to an FPGA programmed in Verilog inside the existing ledger devices? That part was unclear and I think the segway between the question about a hypothetical open source secure element and the comment about Verilog assumed a tremendous amount of high level technical understanding to follow, and even then it wasn’t clear. Also a layman certainly wouldn’t be able to keep up with the point being made. I think this could use clarification as even being highly technical I struggled to ascertain the exact message being made. However I think that point may have potentially been a very valuable argument for the security of ledger devices.

[@Ledger]

Hello Gian, It sounds like you're referring to a discussion about the security of Ledger devices and the use of open-source software versus proprietary hardware components. Ledger uses Secure Elements, which are advanced chips with built-in security features, to ensure the highest level of protection. While most of Ledger's software is open-source, the Secure Element's code is proprietary due to intellectual property constraints. This approach balances transparency with robust security, making Ledger devices highly resistant to various attacks. For more details on Ledger's security approach, you can visit: www.ledger.com/academy/enter-the-trust-zone/why-choose-a-ledger

[@isamustafin8626]

Thanks 👍

[@pieteroudshoorn2421]

l want Ledger Life BACK!!

[@f1r3f1y3]

Looking for alternatives to Ledger. They have sacrificed existing customers for the hope of new ones. Ledger has set in motion their own demise.