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Cryptocurrency News Articles

Jameson Lopp: Self-Custody Was Always a Pinnacle Aspect of Bitcoin

Oct 01, 2024 at 01:35 am

Given the choice between safety and convenience, human nature is likely to lead crypto hodlers, like everyone else, the wrong way

Jameson Lopp: Self-Custody Was Always a Pinnacle Aspect of Bitcoin

People tend to prioritize convenience over safety, which could lead crypto holders astray, said Jameson Lopp, cypherpunk and co-founder of digital asset self-custody solution Casa.

Crypto owners have choices, but there are practical and principled implications to consider.

Making security easy to use

Speaking to Cointelegraph’s Sam Bourgi at the Proof-of-Work Summit in Frankfurt, Germany, Lopp said ease of use has become a major focus for Casa in light of the human need for convenience. He stated:

“The adoption of Yubikey support is part of Casa's efforts. We’re the first to ever store Bitcoin private keys on a Yubikey, and we think that's an order of magnitude usability improvement over a lot of the hardware wallet devices out there that can cause problems for people.”

While it has been argued that passkeys are easier to use than two-factor authentication with a Yubikey device, Yubikey is still considered to be the “gold standard” for security.

Continue Reading on CoinTelegraph

Original source:cointelegraph

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