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TechFlow news, according to The Block, Ledger CEO Pascal Gauthier said the private key recovery service is expected to launch by the end of this year.
Previously, Ledger initially introduced the service in May, aiming to help users recover their private keys by splitting the mnemonic phrase into three shards shared among Ledger and two other security firms, CoinCover and EscrowTech, but faced user opposition.
Ledger CEO Pascal Gauthier said the private key recovery service is expected to launch by the end of this year. Earlier, Ledger initially introduced the service in May, aiming to help users recover private keys by splitting the mnemonic phrase into three shards shared among Ledger and two other security firms, CoinCover and EscrowTech, but faced user backlash.
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