Security

Silk is proud to take security extremely seriously. It uses 2PC(-MPC) with security innovations to

• Trustlessly achieve security benefits of centralized services with millions of dollars of cybersecurity budget....

• ...without such centralized services holding user funds.

Currently, users or companies are trusted to hold their keys. Self custody gives freedom and control to users, yet unlike companies users can't spend $10M annually on cybersecurity.

By splitting authorization with 2PC(-MPC) Silk lets users have self custody over their own funds while handing over important security features to decentralized networks or companies.