Is Ledger Safe? with CTO, Charles Guillemet
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 17 May 2023
⏱️ 63 minutes
🧾️ Download transcript
Summary
Ledger has been the center of attention since the announcement of their new “Recover” feature which has brought into question how secure our Ledger devices actually are.
Charles joins us to walk through how exactly this recover feature functions, breaking down how a Ledger actually functions, and possible paths moving forward.
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Topics Covered
0:00 Intro
6:21 Ledger's Recover Service Overview
18:40 Is Ledger Recover Forced or Opt-In?
23:07 Dissecting a Ledger Device
29:41 Can Firmware Reveal Private Keys?
36:54 A Social Contract With Ledger
42:31 Assurance Of No Back Door
51:16 2-Part Firmware Solution?
57:42 Will Ledger Forget About Us?
1:02:46 Closing and Disclaimers
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Resources:
Charles
https://twitter.com/P3b7_
Ledger
https://twitter.com/ledger
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Thankless Nation, a special bonus episode for you today, and I think an important one, |
| 0:07.9 | we have a ledger on the episode today. |
| 0:10.0 | The question in our minds, are the private keys safe? |
| 0:13.4 | We have the chief security officer of ledger, and we ask him that question along with |
| 0:18.9 | a number of other questions related to this new recovery product that they just launched. |
| 0:25.2 | David, who's on the episode today? |
| 0:28.1 | We have Charles GMA, who we've actually recently had on the podcast. |
| 0:32.0 | He taught us how to properly spin up a private key, so Charles does know a thing or two about |
| 0:37.0 | hardware wallets and how to secure a private key, and so today, I think we actually learned |
| 0:42.2 | quite a lot about what is actually under the hood of a hardware wallet, and what is the |
| 0:47.4 | fundamental nature of a hardware wallet? |
| 0:49.1 | I think this is a conversation that the entire industry is working through right now, |
| 0:52.9 | and I think this episode will be very, very useful to understand exactly the topics |
| 0:58.0 | of discussion that we are having both in public and on this episode. |
| 1:01.2 | Before we get there, though, we're going to talk about our friends and sponsor at Consensus, |
| 1:04.4 | because they have a brand new product. |
| 1:06.0 | This one's for all the devs out there, a cool new code auditing tool with a sick new |
| 1:10.7 | name, Diligence Fuzzing, ever thought about that Ryan Diligence Fuzzing? |
| 1:15.4 | Diligence Fuzzing? |
| 1:16.4 | No. |
| 1:17.4 | For smart contracts, Diligence devs, auditors, and enterprises who are engaging in Web |
| 1:20.6 | 3 that need to ensure their smart contracts are secure before proceeding to main. |
... |
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