ZenGoNostr on Nostr: because you didn't open and read the post about ZenGo security or misunderstood it ...
because you didn't open and read the post about ZenGo security or misunderstood it let me post it here:
We’ve replaced the traditional private key with two independently created mathematical secret shares. One share is stored on your mobile device and the other on the ZenGo server. With no single point of failure, even if something happens to one of the shares, your crypto is always safe.
Unlike exchanges, ZenGo cannot access your funds. To send funds, you initiate a process in which the server and device shares communicate to sign the transaction without ever revealing their secrets to each other.
If you delete the app, lose your phone, or want to use ZenGo on a new device, simply scan your face which will match with the 3D biometric face map you created during setup. Now your wallet is restored!
Let me know if you need more information
We’ve replaced the traditional private key with two independently created mathematical secret shares. One share is stored on your mobile device and the other on the ZenGo server. With no single point of failure, even if something happens to one of the shares, your crypto is always safe.
Unlike exchanges, ZenGo cannot access your funds. To send funds, you initiate a process in which the server and device shares communicate to sign the transaction without ever revealing their secrets to each other.
If you delete the app, lose your phone, or want to use ZenGo on a new device, simply scan your face which will match with the 3D biometric face map you created during setup. Now your wallet is restored!
Let me know if you need more information