Custodial Wallet Risks is an important aspect of modern crypto wallet technology. Exchange hacks, insolvency, asset freezes, and loss of access - why centralized custody creates counterparty risk.
Self-custody means you control your own private keys - and therefore your own assets. The collapse of centralized exchanges and custodians has proven that 'not your keys, not your coins' is not just a slogan but a critical security principle.
JIL Wallet implements custodial wallet risks through MPC key sharding. Exchange hacks, insolvency, asset freezes, and loss of access - why centralized custody creates counterparty risk. Users hold one of three key shards, giving them independent signing authority. No single party - not even JIL - can move assets without user participation.
Exchange hacks, insolvency, asset freezes, and loss of access - why centralized custody creates counterparty risk.
JIL Wallet implements custodial wallet risks through MPC key sharding. Exchange hacks, insolvency, asset freezes, and loss of access - why centralized custody creates counterparty risk. Users hold one of three key shards, giving them independent sign