Cold vs Hot Custody is an important aspect of modern crypto wallet technology. When to use cold storage vs hot wallet approaches and how JIL's split-key signing provides the security of cold storage with hot wallet convenience.
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 cold vs hot custody through key sharding. When to use cold storage vs hot wallet approaches and how JIL's split-key signing provides the security of cold storage with hot wallet convenience. Signing authority is split across three shards under a 2-of-3 threshold. On the default service key, cosigning is performed server-side.
When to use cold storage vs hot wallet approaches and how JIL's split-key signing provides the security of cold storage with hot wallet convenience.
JIL Wallet implements cold vs hot custody through key sharding. When to use cold storage vs hot wallet approaches and how JIL's split-key signing provides the security of cold storage with hot wallet convenience. Signing authority is split across three shards under a 2-of-3 threshold. On the default service key, cosigning is performed server-side.