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Pay Your Friends to Protect Your Keys: One Startup’s New Take on Crypto Custody

Pay Your Friends to Protect Your Keys: One Startup’s New Take on Crypto Custody – CoinDesk

Vault12, backed by Winklevoss Capital, True Ventures, Naval Ravikant and Data Collective, went live on Wednesday, offering a new passkey system for crypto-holders to secure their digital assets. The app uses a cryptographic technique called Shamir’s Secret Sharing, developed by legendary Israeli cryptographer Adi Shamir.