Post
Topic
Board Bitcoin Discussion
Topic OP
blockchain DeFi wallet
by
someoldcoins
on 27/10/2023, 19:03:16 UTC
hi

blockchain.com claim that they introduce bitcoin DeFi wallet to give users control over their funds, as non-custodial wallet and private keys belong to you .

i tried to get the private keys from the defi address i did not find it , only public key .


https://support.blockchain.com/hc/en-us/articles/360029029911-Blockchain-com-Wallet-101-What-is-a-DeFi-wallet-

https://support.blockchain.com/hc/en-us/articles/360050550572-What-is-the-difference-between-DeFi-Wallet-and-Blockchain-com-Account-


is this type of false marketing to give fake sense of security ? since i got confused by their articles . my question if you put btc in regular blockchain wallet without moving it to Defi address your are way less secured ?  by Blockchain.com Account they mean verified account only or unverified too ?

just in case blockchain.com is down or hacked , can you still have access to DeFi wallet balance with 12-word Recovery Phrase only ? and how you will be able to complete recovery into other wallet without a file ?

sorry for the noob question .