Why Silk is Different
Last updated
Last updated
Web3 wallet solutions, especially the WaaS variants, often compromise security (e.g., SIM swaps, centralized key storage) or decentralization (e.g., reliance on third-party services) and the resulting trade-offs prevent serious decentralized projects from scaling effectively.
Silk has the intuitive UI of a Wallet-as-a-Service (WaaS) but avoids the pitfalls:
Web3-Native Business Model: Silk doesn’t rely on SaaS fees. Revenue is tied to activity on the Mishti Network and to user actions such swapping, bridging, gas tank, etc.
No Custodial Dependencies: Silk uses 2PC Computation, eliminating single points of failure and ensuring users maintain control of their assets.
Multi-Factor Authorizations: Silk marries the ease-of-use of a web2 login with enclave-enforced security policies that can involve simple rules or even 2FA confirmations on other devices.
Silk is free, permissionless, and designed with developers in mind:
Easy Integration: Embed Silk wallets in your app with just a few lines of code — no dashboards, billing systems, or overhead required.
Universal Compatibility: Silk provides a universal multi-chain account not tied to a single dApp or ecosystem.
Silk is powered by cutting-edge cryptographic primitives, including 2-party computation (2PC) and zero-knowledge proofs (ZKPs), delivering the security of a cold wallet with the flexibility of a hot wallet.
No Custodians: Silk is fully self-custodial. No company can access your private key.
No Trade-Offs: Enjoy enterprise-level security with user-friendly features
Silk runs on a number of cryptographic and distributed computation primitives.
Explore Silk’s Features
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