ICYMI - Twitter's Dorsey says Square is considering creating a non-custodial hardware wallet for bitcoin

Author: Eamonn Sheridan | Category: Cryptocurrency

Dorsey is also Square's chief executive officer, he spoke on Friday (hence the ICYMI):

  • "We don't want to compete with other hardware wallets out there" 
  • "We just want to take it to the next level and get to 100 more million people, which have non-custodial solutions"
Dorsey indicated it'd be open source:
  • "If we do it, we would build it entirely in the open, from software to hardware design, and in collaboration with the community"
---
Bitcoin wallets can be stored offline or online at cryptocurrency exchanges,
  • a non-custodial wallet, you have sole control of your private keys, which in turn control your cryptocurrency and prove the funds are yours
  • With a custodial wallet, another party controls your private keys
Dorsey is also Square's chief executive officer, he spoke on Friday (hence the ICYMI):
Invest in yourself. See our forex education hub.
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose