For classic wallets, the private key, your access to your coins and assets, is held by the service provider.
17 Feb 2023, 10:20
For classic wallets, the private key, your access to your coins and assets, is held by the service provider. How the transfer of data and storage works exactly is often not apparent💥
But the ZENIQ HUB generates the private key and your Seed the first time you start it. Only you can see them locally. ZENIQ itself does not have access to your keys🤯
Your ZENIQ App, as well as the ZENIQ Exchange, connect via the ZENIQ HUB. Thus, your ZENIQ HUB is the central hub for you, and only you have access to it and the Seed stored on it🔐
Want to know more?👀 Download our whitepaper on our website👇🏻