Topic: ⭐⭐ Elysium Wallet - Full control, zero trust - made in switzerland ⭐⭐ - page 3. (Read 819 times)

I have downloaded the wallet, tried it and find it to be interesting, though some are complaining not being able to download the said wallet because of their location, but some also make use of vpn in doing so, i think this has a lot to offer in terms of security and safety, users friendly and the likes, whereas i know they will also be working on some other things to ensure that this wallet is going to be one of the most recommended in  due time.

Welcome to bitcointalk

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

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🔑 What is Elysium Wallet?

Elysium Wallet is a fully non-custodial solution designed for those who prioritize true ownership, privacy, and security. Our revolutionary onboarding and restore technology—currently patent-pending—eliminates trust from both centralized entities and the user. Thanks to our proprietary algorithm, your private keys are never stored anywhere, ensuring they remain uniquely tied to you without compromise.
Elysium supports Bitcoin and stablecoins, offering a seamless experience for managing digital assets. While our technology is not yet open source, we are committed to transparency: once the patent process is complete, we will publish detailed documentation to foster trust and collaboration.
Our vision is ambitious: to create a fully decentralized Revolut-style platform built on Bitcoin, empowering financial freedom for everyone.


🚀 Why Elysium is the Superior Choice:

Your Keys, Never Stored:
At Elysium, we’ve redefined security by ensuring your private keys are never stored, saved, or exposed—anywhere. Thanks to our proprietary keyless technology, your keys are generated on-demand using a multi-factor algorithm unique to you. This means there’s no need to trust centralized entities or worry about key storage vulnerabilities. With Elysium, your security is always in your hands.

Revolutionary Keyless Technology: Elysium Wallet introduces an innovative, patent-pending keyless system, which eliminates the age-old question: "Where do I store my private key?" Our solution generates your private key on-demand, connecting it directly to you as a user rather than being randomly created and stored anywhere.

On-Demand Key Generation: Thanks to our advanced algorithm, private keys are generated only when needed, ensuring they are never saved or exposed to potential vulnerabilities. This groundbreaking approach redefines trust by removing reliance on centralized entities or the user’s storage practices.

Unlimited Customization: Our technology allows for infinite personalization, enabling users to choose from a wide range of factors for authentication. This flexibility provides unparalleled security and adaptability, making Elysium Wallet a truly user-centric solution.


⚡ Technical Highlights:

What Can You Do with Elysium?
Elysium Wallet offers a comprehensive suite of features designed to simplify and empower your Bitcoin and stablecoin experience:

Store Your BTC and Stablecoins: Securely manage your assets while maintaining full control over your private keys.
Pay Instantly with Lightning Network: Make fast, low-cost Bitcoin payments with seamless transfers between layers.
Intuitive Address Book: Easily connect with your peers and simplify transactions with a built-in address book.
Non-Custodial On and Off-Ramp: Convert fiat to BTC (and vice versa) without ever compromising control over your keys.

Coming Soon:

Prepaid Card: Spend your Bitcoin and stablecoins anywhere, bridging the gap between traditional and decentralized economies.
Liquid Network Integration: Enjoy faster, simpler transactions without the hassle of manually managing Lightning channels.
In-App Services: Pay, earn interest, and trade your assets directly within the app.

A Complete Suite for the New Economy:
Elysium will evolve into a full platform connecting you to the world of Bitcoin and stablecoins. Intuitive, secure, and user-friendly, it removes the complexity of the crypto world, making it accessible to everyone. With Elysium, you can stay connected to the traditional economy while unlocking the potential of the decentralized one.






📲 Download Elysium Now APPSTORE
📲 Download Elysium Now PLAYSTORE

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

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