Self-Custody vs Custodial is an important aspect of modern crypto wallet technology. Comparing self-custody wallets (user holds keys) with custodial wallets (exchange holds keys) - security, control, and risk differences.
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 self-custody vs custodial through MPC key sharding. Comparing self-custody wallets (user holds keys) with custodial wallets (exchange holds keys) - security, control, and risk differences. Users hold one of three key shards, giving them independent signing authority. No single party - not even JIL - can move assets without user participation.
Comparing self-custody wallets (user holds keys) with custodial wallets (exchange holds keys) - security, control, and risk differences.
JIL Wallet implements self-custody vs custodial through MPC key sharding. Comparing self-custody wallets (user holds keys) with custodial wallets (exchange holds keys) - security, control, and risk differences. Users hold one of three key shards, giv