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Pi Crypto's latest video is something Wes has been waiting for! Finally we get some details from the Core Team all about wallets! Custodial or non-custodial? And what the heck does that mean and does it even matter?
The short answer is this: a custodial wallet is one in which the Pi team creates and manages for us. A non-custodial wallet is just the opposite: we must create, hold, and manage our own private keys. Both have advantages and disadvantages. In this video, Wes explains why he is a STRONG advocate for custodial wallets to begin, even though he believes in non-custodial wallets for his own use.
Pi Crypto's latest video is something Wes has been waiting for! Finally we get some details from the Core Team all about wallets! Custodial or non-custodial? And what the heck does that mean and does it even matter?
The short answer is this: a custodial wallet is one in which the Pi team creates and manages for us. A non-custodial wallet is just the opposite: we must create, hold, and manage our own private keys. Both have advantages and disadvantages. In this video, Wes explains why he is a STRONG advocate for custodial wallets to begin, even though he believes in non-custodial wallets for his own use.
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