Demand for Ethereum self-custody solutions is growing, says Casa Co-Founder Jameson Lopp
According to Lopp, users still perceive self-custody as having a daunting “learning curve.” Although setting up a wallet and sending crypto to it is easy, practicing the proper security habits can be complex, making clients feel that self-custody is difficult.
“It certainly can be intimidating if you start by looking at all of the literature around how to do security,” he said. But “we’re baking all of those best practices into the product itself so that you follow the directions of our software, and it puts you into the position where […] you can be human, you can make a mistake, and it won’t result in a catastrophic loss.”
Lopp described the Casa service itself as an “extreme-security cold-storage setup with distributed keys.” It originally targeted “mega-whales” willing to spend $10,000 a year on custody but has expanded its offerings to the point where it even offers a free version with limited features today.The concept of crypto self-custody began with the very first Bitcoin wallet, BitcoinQT, developed by Satoshi himself.
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