15h ago
Unethical UI Tax by Ledger
ledger create clear signing UI for SAFE but they are charging unethically
- $10 flat for normal txs,
- 0.05% for token transfers.
They are behaving like a custody but in essence just providing an UI
They truly know how to piss off community.
yesterday Ledger announced a new Safe multisig interface that supports clear signing. Overall a good move, I thought (interface diversity is good). Well, guess what, they charge a "Multisig Fee" on top of gas: $10 flat for normal txs, 0.05% for token transfers. You might say that's fair, that the product has value; well hear me out: no fucking no. You're not gonna make multisig users your fucking cash cow. Ain't gonna happen. You parade as Cypherpunk while trying to make Ledger Wallet (rebranded from Ledger Live) the single choke point for all crypto so you can squeeze everyone through it (guys, this won't happen). The multisig UI is not open-source, Ledger Nano S can't sign (so OGs like myself are basically censored), and there's zero info on the transaction service used for signature collection. Ledger once built for users and principles; now it builds business funnels and profit channels. Corporate gloss over Cypherpunk roots. Gimme a fucking break.
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