Topic: ⭐⭐ Elysium Wallet - Full control, zero trust - made in switzerland ⭐⭐ - page 2. (Read 327 times)

https://www.elysiumlab.io/faq

I was checking out Elysiumlab website FAQ page and I noticed that keys are generated differently from other wallets, but it is not explained how exactly.
There are other wallets that user biometrics in combination with passwords and other data, but problem is how to recover keys in different wallets.
There is no source code link on website so I have to assume that Elysium wallet is probably closed source.
Remembering multiple passwords can be a real problem, and they have to be stored somewhere.

Non Custodial wallets are for international use and there is no restriction of any country from the ones I have seen and used but yours have selected countries to use. And only that has indicated that it is not self custodial wallet. And also self custodial wallets have no much features on the interface and the most important thing in the home page or interface is "Receive, Send or Scan" might be at the bottom. But yours has different features. And I didn't see the open source information in the App. And there is a link to request to delete the account, and I think that link should be removed because the wallet has been created by the user and if he uninstall the app, and later interested to use again, he can install it. But when the account is deleted, what about the address and the private key?

And finally I discovered that the wallet is still under development. Many features are still on the description that "it is coming soon"

On the other sig thread I have seen most people not being able to download this wallet including myself, and one of the team members mentioned it's only available in 27 countries.. To simplify everything, is it possible to get a list of supported countries so that we know if we can download this wallet without endless questions to the team.

Btw, why the restrictions on who can and who can't download the wallet

I wanted to download it to find out if it is a BIP39 wallet and also to know the bitcoin derivational paths it is supporting. But I was unable to download it on Google Play Store.





Most noncustodial wallets are on Google Play Store for people in my country to download. Why is this different when there is no any government restriction?

Is there any reputable site like GitHub that I can download the wallet file? Is the wallet open source? How can we know the public can check and review the code like the code to be available on GitHub?

I am also interested in the technical features the wallet has. It looks like it was once advertised to be open source, but there is no such info in your thread and I cannot find the source codes either.

Is there a desktop version being worked on and does the wallet support transactions to multiple recipients at the same time?

- Jay -

Are there any information about this technical feature? I've read the FAQ[1] and related blog post[2], i still don't understand how it exactly works. But more importantly, are there any ways to recover our coin without using Elysium wallet or server?

[1] https://www.elysiumlab.io/faq
[2] https://www.elysiumlab.io/blog/a-new-approach-to-wallet-security-elysiums-keyless-system-vs-traditional-seed-phrases

[ALTCOINSTALKS]



⭐ What is Elysium Wallet?
Elysium is a fully non-custodial wallet and thanks to the algorithm we developed, it ensures that your private keys are never stored on your device, It is a wallet designed for those who value true ownership and privacy. Built for the people, Elysium ensures your private keys are never compromised. Full control, zero trust.

⭐ Why Elysium is the Superior Choice:
Self-Sovereignty: You are the sole custodian of your private keys. We don’t store, access, or control your funds—ever.
Cutting-Edge Security: Advanced encryption protocols and non-custodial architecture ensure that only you hold access to your assets.
Multi-Chain Support with Bitcoin at the Core: While Elysium supports Polygon, Bitcoin & LN remains at the center of its ecosystem with seamless integration and superior handling of BTC transactions.
Active Development: Continuous updates with an active roadmap that prioritizes Bitcoin features and privacy enhancements. In the future, we have potential integrations with RGB, Taproot Assets, and other protocols.

⚡ Technical Highlights:

Keyless Multi-Factor Security Our wallet employs keyless technology. Unlike traditional wallets, Elysium never stores your private key. Instead, it uses a proprietary multi-factor algorithm to generate it on the fly, every time you sign a transaction. Your keys remain secure without ever being vulnerable to external threats or hacks.
Lightning Network Integration: Experience low-fee, instant BTC payments with integrated Lightning Network support, built to serve Bitcoiners who need speed without sacrificing decentralization.
Full Non-Custodial Onramp: Convert fiat to BTC seamlessly within the app without giving up control of your keys.
Real-Time Transaction Notifications: Get immediate feedback on incoming and outgoing transactions directly in the app.

Elysium isn’t just a wallet; it’s a tool for those who believe in the core principles of Bitcoin. It’s built for the community that gets the importance of "not your keys, not your coins".

📲 Download Elysium Now
Take full control of your financial future. Download Elysium Wallet today and step into a truly decentralized world where your money is yours—always.

[SIGNATURE CAMPAIGN]