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Acquanaut's Non-Custodial Wallet
Posted: Sep 15, 2020
With a plethora of crypto wallets getting launched every single day, the most important concern is security and trust from the user’s perspective when it comes to digital trading. Today, there are various non-custodial wallets available in the marketplace, while a number of others are getting added on an everyday basis, purely because of the benefits that non-custodial wallets carry over custodial wallets. If we go by definition, non-custodial wallets are more secure by definition, as they allow you to control your funds without third party interference. Acquanaut has recently launched a blockchain platform enhanced by quantum computing.
Furthermore, Acquanaut, apart from a quantum computed blockchain network, also introduces a decentralized exchange and a non-custodial cryptocurrency wallet app. This means that no hack, system crash, or server downtime can lock you out of your wallet. So from a security standpoint, Acquanaut offers no reason to worry.
Special features of Acquanaut’s custodial wallet
Combined with the inherent speed and security of quantum computing, Acquanaut’s wallet is a logical extension of their current service.
Provide users an individual access to their funds. The users need not look up to any third party to manage their fundings or perform any related activity
No risk of data breach since the entire details associated with the Acquanaut wallet and its funds relies with the user
Unlike Custodial wallets, Acquanaut's non-custodial wallet
does not need confirmation from a third party for performing every transaction which in turn streamlines the entire trading process and makes it easier to enjoy instant withdrawals.
Non-Custodial wallets are always a better option to enjoy services in real-time since it is not imperative to have internet connectivity while operating them. Undoubtedly, non-custodial wallets will continue to get an edge over custodial wallets owing to the growing data breach instances and users becoming more conscious about their data privacy and security.
Furthermore, Acquanaut, aside from a quantum computed blockchain network, also introduces a decentralized exchange and a non-custodial cryptocurrency wallet app. Non-custodial wallets are more secure by definition, as they allow you to control your funds without third party interference. This means that no hack, system crash, or server downtime can lock you out of your wallet. Combined with the inherent speed and security of quantum computing, Acquanaut’s wallet is a logical extension of their current service.
So from a security standpoint, Acquanaut offers no reason to worry. But how do you use a quantum computed cryptocurrency wallet app? Turns out, no differently than any other easy to navigate app. The biggest advantage of using a blockchain already based on quantum computing is the fact that you don’t need to be an computer engineer, just like you don’t have to be a rocket scientist to fly in a plane.
All of this comes without the need to worry whether someone is going to cheat you. Not only is blockchain immutable and transparent, but with quantum in the mix, malicious submissions to the network (that go against the majority vote) are immediately "flushed out."
About the Author
Expert blockchain and cryptocurrency journalist with more than two years of experience reporting on all things crypto and digital wallets
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