Hello, we are developing an application that will be used by hundreds or potentially thousands of users that have low technical literacy.
Wallets need to be non-custodial but we need the option to help users recover their wallets if they lose their private keys, which inevitably will happen.
Rekeying seems like a good option. However…
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If rekeying requires the storage of a master key that can rekey other private keys would this then classify as a form of custodianship of funds?
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Does rekeying present a security concern since the master key can rekey other private keys? How is that security concern mitigated?
I’m not a developer so apologies if these questions are easily answered via the dev portal, which I don’t fully understand!
Advanced thanks to any feedback
Brad