The developer of one of the world’s most famous cryptocurrencies has named the safest type of crypto wallet

Ethereum co-founder Бутерін" href="https://noworries.news/biography/vitalij-buterin/" data-bio-id="3642">Vitalik Buterin said that he keeps 90% of his personal cryptocurrency assets in the Safe (formerly Gnosis Safe) multi-sig wallet.

According to Buterin, in terms of security, multi-sig wallets boast a number of advantages that hardware wallets do not have. The programmer wrote about this in X. Vitalik Buterin once again emphasized that the best option for protecting your own funds is to use multi-signature wallets. He keeps more than 90% of his assets on them.

Multi-sig wallets use the M-of-N approach. This means that in such wallets, the key is divided into several parts with equal access. One part remains with the owner, and the other is entrusted to other persons. This creates a decentralized security network.

Buterin also advised not to disclose the trusted parties to each other. This way, an additional level of privacy and security can be ensured.

«Some of the keys belong to you, the rest to other people you trust. Do not disclose who these other people are, even to each other,» Vitalik wrote.