kaal:claim:3936876-002

The more digital assets are held by their owners in self-custody, the less likely intermediation by custody service providers becomes, so self-custody is the key driver of decentralization in emerging blockchain networks.

Source quote, verbatim

In other words, the more digital assets are held by their owners in self-custody, the less likely intermediation of custody service providers becomes.

From

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021), I. Introduction, p. 4
https://ssrn.com/abstract=3936876 · source PDF

Cite as

Wulf A. Kaal, Hayley Howe, Custody of Digital Assets (2021). SSRN: https://ssrn.com/abstract=3936876

Holds when

holds for emerging blockchain networks
assumes users are capable of securing their own keys

Classification

mechanismsupport: asserteddefidecentralizationblockchain

Verify

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