Security – Skoll Wallet
Your security is our priority. Skoll Wallet is designed with non-custodial architecture, meaning you have complete control over your assets. We never store or have access to your private keys.
Non-custodial architecture
Skoll Wallet operates under a non-custodial model, ensuring that:
- Your private keys are generated and stored exclusively on your device.
- We never have access to your private keys, funds or transaction information.
- You are solely responsible and have complete control over your digital assets.
Private key protection
We implement multiple layers of security to protect your keys:
- •Enterprise-grade encryption for all keys stored locally.
- •Keys never leave your device, using the operating system's secure storage.
- •We never transmit private keys over the internet or to external servers.
Security best practices
To keep your assets secure, we recommend following these practices:
Protect your seed phrase
Store your seed phrase in a safe, physical location. Never share it with anyone or store it digitally. Without it, we cannot help you recover your wallet.
Verify addresses
Always verify destination addresses before sending cryptocurrencies. An error can result in permanent loss of funds.
Keep the app updated
Updates include important security patches. Make sure you always have the latest version of Skoll Wallet installed.
Make backups
In addition to your seed phrase, consider making additional backups in secure, separate locations.
Phishing protection
Phishing attacks are common in the crypto ecosystem. Stay alert:
Important:
- Skoll Wallet will never ask you for your seed phrase or private keys. Any such request is a scam attempt.
- Always verify that you are using the official Skoll Wallet application from official stores.
- If you receive suspicious messages or links that appear to be from Skoll Wallet, report them immediately.
Transparency and audits
We believe in transparency as the foundation of trust:
- •Our code and security practices are subject to regular audits by independent experts.
- •We encourage community review and feedback on our security measures.
- •We publish security updates and improvements transparently.
Your responsibility
Although we implement best security practices, it is important that you understand:
- •You are responsible for protecting and keeping your seed phrase secure. Without it, there is no way to recover your wallet.
- •Once a transaction is confirmed on the blockchain, it cannot be reversed. Always verify details before confirming.
- •Keep your device secure with strong passwords, system updates and antivirus software when possible.
Report security issues
If you discover a security vulnerability or have concerns about Skoll Wallet's security, contact us immediately:
master@skollwallet.com