Bitcoin is revolutionary. It is the first peer-to-peer computer and monetary system. Bitcoin makes it possible to transfer money across the world without a trusted third party and without double spending.
Bitcoin's great strength is its simplicity: holding a 12-word mnemonic code - or seed - allows you to access your Bitcoins anywhere, anytime.
But it can also be a weakness. If you lose or have your seed stolen, you can say your bitcoins goodbye !
Little by little, the Bitcoin network is improving and multi-signature wallets are developing. Thanks to this new technology, we thought of developing what we can name "collaborative custody".
Instead of one seed, there is now the need to have 2 seeds to release funds. This greatly enhances the security of your funds, which is why we prefer this solution to a single signature portfolio.
But imagine if you lost one of them: all your savings would be gone !
Couldn't you have given a backup seed to a third party beforehand in case this unfortunate event happened to you? Then you are saved !
Together we create a 2-3 multi-signature wallet: you own 2 of the 3 seeds needed to access your bitcoins: so you have access to your bitcoins without us.
On the other hand, we have a third seed on our side. This single seed does not give us access to your funds - only you still have exclusive access.
If you lose one of the two seeds, we get in touch and you will have access to your bitcoins again thanks to the third seed we have.