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yuga.eth pfp
yuga.eth
@yuga
A common misconception about embedded wallets is that they are custodial - "not your keys, not your crypto." This is false! @coinbase's non-custodial embedded wallets use multiparty computation (MPC) to shard private keys between the end user and Coinbase. The full private key can be exported at any time as well!
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Louis 👵 🦇🔊 pfp
Louis 👵 🦇🔊
@superlouis.eth
The problem is that it's false for some of them, but many embedded wallets claim they are non-custodial, where the auth provider (e.g google) can actually recover any wallet. Is there somewhere a table that compare true "custodiality" of all these wallet providers?
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