Why Silk is Different
For more detail on the comparison to wallets and WaaS, please see the previous page. For a simple, approximate comparison chart, please see this page.
Compared To Other Categories Of Wallets
Making such a chart is difficult as there are often exceptions when categorizing wallets in broad strokes. For example, even though mobile app wallets and smart contract wallets are placed under our High-moderate security definition, there are notable exceptions such as ZenGo or a well-configured SAFE that belong to our High security category. When there is too much variance in a category to give it an accurate label, as is often the case in smart contract wallets, we label them N/A for that cell.
Type | Security | Recovery | Cross-Browser | Cross-dApp | Onboard Time | Free |
---|---|---|---|---|---|---|
Silk | High | Zero/minimal setup, high security | Yes | Yes | <30s | Yes |
WaaS | Low | Zero setup, low security | Via a central custodian | No | <30s | No |
Hardware wallets | High | Ledger: Slow setup, high- security | Must connect hardware wallet | Yes | Days | Yes |
Smart Contract Wallets | High-moderate | Social recovery: Moderate setup, high-moderate security | N/A | Yes | N/A | Yes |
Standard mobile apps (e.g., Uniswap) | High-moderate | Moderate setup, low security | Must export+import seed | Yes | Minutes | Yes |
Standard browser extensions (e.g., Metamask) | Low-moderate | Moderate setup, low security | Must export+import seed | Yes | Minutes | Yes |
Security Levels
Find more information on Silk's Security Model here
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