Lianas Safety Net Recovery: A Hybrid Solution for Peace of Mind in Bitcoin Wallet Security
For Bitcoin holders worried about losing access to their wallets, a new game-changing solution has been introduced by Liana: the Safety Net Recovery Service. This optional feature is designed to give users a backup plan without giving up self-custody.
Think of it as a hybrid insurance policy for your wallet. "You can choose to have a trusted third party become a key recovery for you in case you lose all of your keys and backups," explained Kevin Loaec, co-founder and CEO of Wizardsardine in an interview with TheStreet Roundtable's Alp Gasimov.
While banks aren't offering this yet, Liana has partnered with regulated custodians who will. The model isn't fully custodial - users still manage their funds - but it offers a last resort. After a time lock, the service can step in and help restore access to funds, assuming you've subscribed.
"We don't keep the keys," Loaec clarified. "It's regulated custodians offering this service, and they'll help you only if you hit that worst-case scenario."
"It's like the best of both worlds between a custodial wallet and self-custody," he added. "You don't have to trust them but if you really screw up, they are still there to help you."
That kind of safety net is critical for high-net-worth Bitcoiners who don't want a single point of failure. Whether it's fire, theft, or forgotten seed phrases, disaster scenarios are real. And with millions on the line, even the most secure cold storage setup can come with sleepless nights.
"Even if the setup is secure, they don't want to have the problem of sleeping at night," Loaec said. "They just want to know in case everything goes wrong, there is still someone behind."
The introduction of Liana's Safety Net Recovery Service is a significant step forward for Bitcoin holders looking for added security without sacrificing self-custody. With this new option, users can have peace of mind knowing that they have a backup plan in place should the worst happen. Whether you're a high-net-worth individual or simply someone who values the security of your digital assets, Liana's Safety Net Recovery Service is worth considering.
