Ledger has announced that it is delaying the rollout of its recovery feature, with CEO Pascal Gauthier revealing the news in a letter to customers and the broader cryptocurrency community.
The feature, which is to allow crypto holders access and restore private keys after they lose or forget seed phrases, is to remain on hold until the code is open sourced. According to Gauthier, “We have made the decision to accelerate the open sourcing roadmap! We will include as much of the Ledger operating system as possible, starting with core components of the OS, and Ledger Recover, which won’t be released until this work is complete.”
The service will be open sourced and remain optional, with the company reassuring users that “regardless, the security of your Ledger remains unchanged.”
Gauthier also apologised for the way the company handled the communication around the feature’s release, and is set to hold an Ask Me Anything (AMA) session on Tuesday 23 May 2023 at 12:30 pm ET, where the Ledger Recover service will be discussed.