Ledger Launches New Offline Recovery Tool For Private Keys

Ledger, the main provider of hardware cryptocurrency wallets, introduced an offline tool for a private key recovery that helped users regain their cryptocurrencies without relying on cloud services or personal data.

The key to recovering book is a physical recovery tool that allows users of Flex or Ledger Stax to store their Private keys On the intelligent NFC card, the company stated in a notification shared with Cointlegraph.

Unlike a book Previously issued key renewal product, book recoverywhich stores encrypted fragments of regenerative phrases in cloud hardware security modules, the key to recovering the book is always offline and protected by its own PIN.

Key Ledger Recovery Key, although it is also optional for book users, does not require identity verification or collecting personal data as recovery.

Recognition of a private key by clicking the tab

Specifically, the Key Recovery Key Ledger Recovery Key allows users to restore access to their assets simply by clicking an intelligent card and entering a PIN.

It only supports NFC connecting wallets that combine Flex and Kidger Stax books, connecting directly to the Ledger devices using secure NFC wireless channels without intermediary, the company said.

The company stated that the key to the renewal of the book is created with a safe element, the main safety layer and the same technology applied by the LEDger wallet.

Open Source Code technology

Within the promise of Ledger’s transparency is the code of the book recovery application open Girub And he has his own white book.

This tool has undergone internal security with Hacker White Hat Hacker Donjon and was, among other things, an externally audited by the company Synctiv Cyber ​​Security.

“We have received extremely positive feedback from scientists and senior security staff and we are excited that we could reveal even more feedback soon before the start,” said Charles Guilmet, Chief Technology Director Charles Guilmet.

Self -free is not without risk

The aim of the latest renewal tool is to improve usability self -deustrationform of storage of crypto assets such as bitcoin (BTC) without relying on third -party providers.

Although allowed to hold the cryptoviště “to be their own bank” by providing users exclusive responsibility for safe storage of private keys to access their assets, solutions to self -deustodial repository have been taking place for a long time risks associated with a key or theft loss.

Many companies have tried to solve this problem by introducing A lossless self -deustodial walletsor Physical solutions as metal boards resistant to fire or more sophisticated methods of backup Shamir backup.

Related: A crypto user attacked in France over the hardware wallet Ledger – Message

In 2023, Ledger introduced another opportunity to restore keys, a paid cloud solution called Ledger Recover. The The service was temporarily suspended In the middle of the will of the community due to concerns about third -party subjects, but continued in operation.

Despite the hard start, Ledger Recover works well and continues to grow when more new users enter the ecosystem.

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