Casa, the cryptocurrency self-custody platform, has expanded the capabilities of its Ether vaults, enhancing user privacy.
Following the introduction of a multisignature Ethereum self-custody vault to its existing Bitcoin custody service in June 2023, Casa now permits users to employ an Ethereum pay wallet as a relay for their transactions.
This development marks Casa’s commitment to providing a secure environment for users to manage their ETH holdings, enabling up to five private keys to safeguard their assets.
Previously, Casa assisted users in their interactions between ETH vaults and the Ethereum blockchain through its proprietary Casa Relay.
While this facilitated various actions, including contract deployment and transaction execution, it exposed users’ Ethereum addresses to public scrutiny via blockchain scanning tools.
To address this privacy concern, Casa has introduced the ETH pay wallet, a single-signature alternative wallet that serves as a transaction relay for vault users.
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Casa’s CEO, Nick Neuman, emphasized that gas fees and transactions originating from an ETH pay wallet would not be linked to Casa on-chain, affording users a greater degree of anonymity.
This feature was in development prior to the launch of the ETH custody vault, demonstrating Casa’s proactive approach to enhancing its services.
Nick Neuman clarified that while the ETH pay wallet enhances on-chain privacy, it does not provide the anonymity associated with certain obfuscation tools in the cryptocurrency space.
All on-chain activity remains visible, but the key advantage is the removal of the connection to Casa on-chain.
Using the ETH pay wallet does entail additional steps compared to the Casa Relay, and users are responsible for covering gas fees with their pay wallet.
However, the added privacy benefit makes it an attractive option for those seeking to prevent the linkage of their on-chain ETH addresses to Casa.
Casa’s commitment to user privacy and security is evident in its continuous efforts to improve its self-custody offerings.
With the introduction of the ETH pay wallet as a relay, Casa users now have more control over their transactions and can enjoy enhanced privacy when managing their Ethereum assets.
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