Everything You Need to Know About Cryptographic Pressure in Crypto Custody
Author: Ethan GarciaCakeDeFi CEO Julian Hosp recently took to Twitter to share a video, titled ‘The Shocking Truth About most Cryptocurrency Custody Providers,’ in which he touched on the concept of cryptographic pressure. In the video he explains that users need secure cryptographic proofs to be able to continue accessing their digital assets in cases when governments or other authorities put pressure on custody providers. He also mentions a company he personally trusts - Levain Tech.
With the growing popularity of the cryptocurrency market, users are faced with an ever increasing number of choices when it comes to selecting the right custodians for their digital asset investments. While it would be impossible to guess which providers will stay loyal in the case of external pressure, understanding the concept of cryptographic pressure is important for users to ensure that they have access to their digital assets even in such critical cases.