Ledger Introduces Physical ‘Recovery Key’ NFC Backup for Wallets

Ledger has introduced a new type of backup calling the “spare key” for your crypto wallet.

The book recovery key works with Ledger Flex and Ledger wallets as a way to refund access to your property.

The recovery key includes NFC connection together with a safe element that stores the PIN protected button.

Once paired with Flex or Ledger Stax Hardware Wallet, users can recover their criplet wallet by touching the card with a device and entering the PIN.

The device is launched together with “Review Code and White Paper, as part of our transparency obligation,” said Charles Guillemet, the main technological director in Ledger, in a statement divided with Decipher. The “recovery key” went through extensive security testing “with the Ledger team to hack the white hat, the Donjon, with” comprehensive internal testing and external security audit “.

The company charges this as a safe way to refund the property that is simpler than the traditional 24 -word seed phrase.

However, it does not eliminate the seed phrase, acting as a layer on top for a more appropriate approach.

This is not the first attempt to simplify the recovery of a wallet recovery. 2023 he started The book recover Subscriber service, which has encouraged a a fierce return from his user base because of the concern that he did safety risk.

The new recovery key is designed for the option, “the book’s spokesman said Decipher. “Ledger does not take away 24 words because it is important to have the main key, but over time it will watch the use of users and feedback,” they added. “The Ledger now has a broadest recovery possibilities, designed to meet the needs of users as many users as possible without endangering safety.”

The recovery -based recovery technique is similar to that of Cyfherrock X1 hardware wallet, which Decipher Recently reviewed. However, Ledger wanted to distinguish his offer from the competition. “Cypherock -O’s X1 cards are not upgradable firmware, which means that if vulnerability ever finds itself, it is completely impossible to repair that vulnerability,” said a spokeswoman for the book Book Book Decipheradding that his own hardware “is always upgradable to prevent new sophisticated attacks.”

A spokesman added that Ledger’s devices are the only hardware wallets that have a safe screen. “A safe element that performs a cryptographic surgery also triggers a screen so you can be sure that what you see is,” they explained. “The book transactions can only be signed on a safe display device, and the book recovery key is used only for a safe backup and recovery of your seed phrase.”

The book recovery key will be available “in the near future”.