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246 sats \ 2 replies \ @SirGalahodl 16 May 2023 \ parent \ on: Ledger is offering an ID-based key recovery service bitcoin
Shamir Secret Sharing: "the secret cannot be revealed unless a quorum of the group acts together to pool their knowledge"
Guess what? The quorum does not include you.
Not only that, this is a KYC service that requires government-issued ID to use.
š© Upload your keys to a trusted third party.
š© Submit government identification.
This goes against everything the bitcoin community has spent years building.
Might as well save yourself some trouble and use a custodial software wallet.
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