Digital asset security

Digital asset security refers to the measures and practices used to safeguard digital assets such as cryptocurrencies, digital documents, and multimedia from unauthorized access, theft, or loss. Cryptocurrencies like Bitcoin, Ether, and Bitcoin.com's VERSE are 'peer-to-peer.' This means you can send them anywhere in the world without asking for permission. It also means you - and you alone - are responsible for protecting your assets.

Like a vault protects physical assets, certain crypto wallets, such as the Bitcoin.com Wallet app, protect cryptoassets - and in both cases, you need the right access key. However, since the Bitcoin.com Wallet app is self-custodial, no third party (neither Bitcoin.com, nor anyone else) holds the key. It's just you. This means you have to be very careful about how you store your key. If you lose your key, you lose access to your cryptoassets.

Below are some components and practices of good digital asset security.