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Perhaps my biggest problems with the @Ledger Recover program as it’s currently conceived are that it’s not open and it’s not independent. Users will be locked into decisions that Ledger made, for its own business reasons. [1/12]
https://twitter.com/ledger_support/status/1658824425192521728
The Gordian Principles from @BlockchainComns suggest that digital assets should be held in a way that’s independent, private, resilient, and open. Ledger Recover increases resilience, but that’s it. [2/12] github.com/BlockchainComm…
From what we’re heard, the Recover share holders will actually be requiring KYC checks. That doesn’t just go across our Principles, but also the general ethos of Bitcoin! [3/12]
But the core issue here isn’t necessarily those decisions, but the fact that Ledger is locking *you* into them. And maybe encourage other wallet developers like @spiralbtc to lock you into their own different choices. [4/12]
The @BlockchainComns Collaborative Seed Recovery (CSR) system has some similar ideas to Ledger Recover, but it’s founded on the principle that the asset holder gets to decide exactly how their key is protected. [5/12] github.com/BlockchainComm…
You want to back up some of your shares on a metal plate, such as the innovative QR plates using SSKR shards from @SeedHammer? That’s OK! Your assets, your choice. [6/112] 
There are even some wallet companies talking about backing up shards from other wallet companies! Our open source Collaborative Seed Recovery architecture offers many ways for us to cooperate to benefit us all. [7/12]
You decide your personal privacy needs. You can shard and store all the shares yourself. Based on your personal risk profile, you decide if you want help from with third-parties or to get help from family or close friends. Or pay a high-end service you trust. *You* decide. [8/11]
We’ve worked with @Ledger before. They were one of our original sponsors for @Blockchaincomn’s #SmartCustody program. We’d love to work with them again, so that the community can work through some of the problems with Ledger Recover. [9/12]
For instance, a community member took our open source SSKR code to create a Ledger app that can shard your seed *without* needing a firmware upgrade that risks adding new attack surface: [10/12]
https://twitter.com/ChristopherA/status/1658965253596786688https://t.co/WdQYC2ub8d
Are you a wallet developer? We have a Gordian Developers meeting the first Wednesday of every month as the center of our collaboration. Feel free to join us! [11/12] blockchaincommons.com/subscribe.html…
Support our community efforts to give you a choice. Become a patron of Blockchain Commons! [12/12] github.com/sponsors/Block…
A thread on Shamir vs multisig, and why the open source work toward Collaborative Seed Recovery (aka CSR) by the wallet devs that are part of the Gordian Wallet Community is important:
https://twitter.com/ChristopherA/status/1659302287901335554
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