entity · derived
Private keys
Derived node: assembled mechanically from the claims carrying private-keys. A roster, not an adjudicated definition.
Every claim under this term
- 3936876-005 : Custody of a digital asset is not physical possession but ownership and control over a digital asset wallet, which in practice means holding the private keys and bearing responsibility for keeping the
- 3936876-010 : A private key differs from a password in that it is immutable and cannot be reset, so if the key is lost or stolen access to the digital asset may be permanently lost.
- 3936876-011 : Hot storage buys easy access and quick transferability of digital assets at the cost of exposure to cyber attacks and to the difficulty of keeping private keys safe.
- 3936876-016 : As of 2017, 73 percent of digital asset exchanges took custody of their users' private keys while only 23 percent let users maintain control over their own keys.
- 3936876-037 : While the majority of cryptocurrency spot exchanges require ownership to be surrendered in order to transact, decentralized exchanges introduce the ability for users to transact without exposing their