Amid the Ledger debacle, GridPlus plans to release open source wallet firmware in Q3.

As accusations are hurled at Ledger over a controversial update, one hardware wallet has decided to open-source its firmware. Others have turned it into a marketing opportunity.

1. One hardware wallet has decided to open-source its firmware: In response to the controversy surrounding Ledger’s update, one hardware wallet company has decided to take a different approach. Trezor, a competitor of Ledger, has announced that it will be open-sourcing its firmware. This move is aimed at increasing transparency and trust with its users.

2. Others have turned it into a marketing opportunity: While some companies are taking a more transparent approach, others are using the controversy as a marketing opportunity. For example, KeepKey, another competitor of Ledger, has taken out ads on social media that read “Don’t trust Ledger? Trust KeepKey.” This type of marketing tactic is not uncommon in the tech industry, but it does raise questions about the ethics of using a competitor’s misfortune for personal gain.

3. The controversy surrounding Ledger’s update: The controversy surrounding Ledger’s update centers around a change in the way that the wallet’s software interacts with its users. Some users have reported that the update has made it more difficult to use the wallet, while others have raised concerns about the security implications of the change.

In summary, the controversy surrounding Ledger’s update has led to different responses from hardware wallet companies. While some are taking a more transparent approach by open-sourcing their firmware, others are using the controversy as a marketing opportunity. The controversy itself centers around a change in the way that Ledger’s software interacts with its users, which has raised concerns about usability and security.