Hyphen Multi-Sig Account

All user accounts in Hyphen are multi-sig. Normally, multi-sig means that keys are shared among multiple parties, but Hyphen's Multi-Sig only involves multiple devices owned by the same user.

This is referred to as the User Key. It operates similarly to the Login Session in Web2 services, so users can manage their logged-in devices and add/remove them as desired. In situations where multiple device keys are needed, using 2FA is a characteristic of Hyphen.

However, doing this every time can be inconvenient in terms of UX and decrease recoverability (risk of losing control of the account due to device loss). To solve this problem, we set a Server Key and a Recovery Key respectively. The Server Key is stored on Hyphen's server, while the Recovery Key is stored in a user-owned space (e.g., cloud, personal wallet).

Thanks to this well-balanced multisig structure, Hyphen can be a Non-Custodial Wallet while not sacrificing UX and Security.