Data privacy on the web. Keeper of the fabric @privy.

Fmr Protocol Labs consensus work. Before that YC S14 🇫🇷🌐🍊

> In automatic recovery, the recovery share is cryptographically protected, and the entropy this depends on is secured by the system architecture

It’s stored on servers Privy controls, right?

If you had a breach, a hacker could drain all autorecovery wallets at once.

That’s custodial in my view.

I respect Privy. Offering a range of custodial and noncustodial options makes sense to me.

It's important to be clear which is which!

If your servers can generate access to user wallets (= the ones with "automatic recovery"), those wallets are custodial.

I respect Privy. Offering a range of custodial and noncustodial options makes sense to me.

It's important to be clear which is which!

If your servers can generate access to user wallets (= the ones with "automatic recovery"), those wallets are custodial.

https://warpcast.com/dcposch.eth/0xdc1f1df4

This is also a good write up from the silence team about nomenclature, personally I’m a fan of their model but I’d also like to hear from others about their thoughts on the definitions in here

Real World Ethereum 🌎 
building /daimo ✳️ 

This is also a good write up from the silence team about nomenclature, personally I’m a fan of their model but I’d also like to hear from others about their thoughts on the definitions in here 

https://medium.com/silence-laboratories/redefining-nomenclature-of-custody-81ee28f20731