London, United Kingdom, 10th December, 2022, Chainwire
Pillar’s latest release for its non-custodial cryptocurrency wallet ships with a sophisticated recovery mechanism that protects user funds without compromising security. Other game-changing updates include in-app cross-chain swaps and meta-transactions, which allow users to pay for gas fees on any chain with stablecoins housed on any other chain.
The security that is a major benefit of non-custodial wallets is also a user’s main risk. Should they lose their private or public key, there is no other way to regain access to the wallet. People often lose access to their funds because their private key was written on a scrap of paper and got lost.
Pillar Wallet solves this single point of failure without compromising security through a sophisticated and fully decentralized mechanism. The private keys to a Pillar Wallet are secured by a smart contract, meaning that if the owner loses access to it, they can still recover their funds.
We współpracy z: https://cryptodaily.co.uk/2022/12/pillar-non-custodial-crypto-wallet-released-an-updated-version
