Kendy on Nostr: Yep. The UX is convenient and smooth. Although it’s not the best product for the ...
Yep. The UX is convenient and smooth. Although it’s not the best product for the most paranoid cypherpunk.
“In our solution, we’ll have three keys: one in the hardware wallet, one in the mobile application, and one in Square’s servers, protected by the same world-class security we bring to the rest of our ecosystem. We’ll require two of those three keys to authorize any transaction; importantly, we’ll only use Square’s key to authorize transactions requested by the customer if either their hardware wallet is used or if the transaction amount is below a customer-configured spending limit.”
https://bitkey.build/our-approach-to-self-custody/Published at
2024-07-03 01:07:46Event JSON
{
"id": "dada37600a32817d8d5dd8b6f3f9f0f209da5275de9ec596b289eaab76f73053",
"pubkey": "3bf020dfb082d563be34e167cb55cddacb9087792fdf158692ac418b7a07cedc",
"created_at": 1719961666,
"kind": 1,
"tags": [
[
"e",
"cb2dbe60336ad7a531fd2ab2cdf5d39ff33e87a9091a1be8f139677985bacef3",
"",
"root"
],
[
"p",
"a80fc4a78634ee26aabcac951b4cfd7b56ae18babd33c5afdcf6bed6dc80ebd1"
],
[
"r",
"https://bitkey.build/our-approach-to-self-custody/"
]
],
"content": "Yep. The UX is convenient and smooth. Although it’s not the best product for the most paranoid cypherpunk.\n\n“In our solution, we’ll have three keys: one in the hardware wallet, one in the mobile application, and one in Square’s servers, protected by the same world-class security we bring to the rest of our ecosystem. We’ll require two of those three keys to authorize any transaction; importantly, we’ll only use Square’s key to authorize transactions requested by the customer if either their hardware wallet is used or if the transaction amount is below a customer-configured spending limit.”\n\nhttps://bitkey.build/our-approach-to-self-custody/",
"sig": "5ff60919990b532119e098d9a5f98a1b695a573db23edddb3b1ce0b6043b4f3b934bd19ee3bc5bbf8287602e32604f055cb0e48f787da22b317d6e1c41e71641"
}