Definition ∞ A self-custody wallet is a digital tool that allows users to store and manage their private keys and digital assets directly. Unlike custodial solutions, it places the full responsibility and control of assets with the user. This arrangement removes the need for a third party to hold or manage the cryptographic keys.
Context ∞ The current discussion around self-custody wallets frequently centers on user experience and security best practices. A key debate involves the balance between ease of use and the robust security measures required to protect private keys. Future developments to monitor include the integration of advanced security features and more intuitive interfaces to broaden adoption among less technically inclined users.
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