Linen

Linen

Financial Services

Boston, MA 21,141 followers

Multi-signature wallet built with battle-tested Gnosis Safe. Protect your crypto wealth!

About us

Multisignature wallet built with battle-tested Gnosis Safe. Protect your crypto wealth & don’t take chances relying on wallets with a single passphrase. Support assets on Ethereum/Polygon/Gnosis networks.

Website
https://linen.app
Industry
Financial Services
Company size
2-10 employees
Headquarters
Boston, MA
Type
Privately Held
Founded
2018
Specialties
Ethereum, Blockchain, Crypto, Polygon, Wallet, DeFi, and Web3

Locations

Employees at Linen

Updates

  • View organization page for Linen, graphic

    21,141 followers

    5 Reasons why Linen Wallet is better than 99% of other crypto wallets 👇🧵 1# Linen Wallet is secured with 3 seed phrases Linen Wallet is a multi-key wallet. While most crypto wallets are secured by one seed phrase only, Linen Wallet is protected using 3 seed phrases, and 2 of those 3 are required to access your wallet or recover it. This makes Linen Wallet much more secure than other wallets. You lose one seed phrase? You can still access your wallet. Someone steals one? They still can't access it. This prevents many seed phrase phishing attacks on DeFi and NFT community members. 2# Built on the same tech used by whales To protect your wallet with 3 seed phrases, we use Gnosis Safe’s smart contracts, the gold standard in crypto security. For years, crypto funds and whales have been using Gnosis Safe’s multi-key to secure their crypto assets. However, multi-key wallets were too complex to set up for everyone else. For the first time, Linen has made the same technology and security accessible to everyone with a simple app. You can now store your crypto exactly as whales do. 3# Pay gas fees with any token Linen is a smart contract wallet. This makes it programmable and flexible. You can pay gas fees with different tokens and not just the network native token. No eth left in your ethereum wallet? No need to top them up. Just pay with a different token! 4# No fees on the Polygon network To make the experience even more seamless, we are taking care of fees on the Polygon Network. This means that you can get your Polygon wallet and use it right away with any token you want. No need to have MATIC in your wallet to pay gas fees! 5# Easy and secure wallet backup and recovery One of the main problems with other non-custodial wallets is that you have to store your seed phrase yourself on a piece of paper or metal card. As such, the risk of losing it is very high. You can also store your seed phrase in your cloud. However, if it gets compromised, all your funds are lost forever Instead, Linen Wallet makes it easy to manage your private keys without compromising security. One key is stored in your cloud, one in your mobile device, and one in Linen’s secure server infrastructure, so you can seamlessly recover your wallet using your cloud drive, email, and phone number. Furthermore, even if your cloud gets compromised, your funds are still safe because that's just one key and you need 2-of-3 to access or recover the wallet. Download Linen Wallet on iOS 👉 https://lnkd.in/dVXYvm5C Join the Android Waitlist (Launching later this year) 👉 https://lnkd.in/dBAxzMyS

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