Who holds the private keys to the AGW?
As described in the how it works section, the private key of the EOA that is the approved signer of the AGW smart contract is generated and split into three shards.- Device Share: This shard is stored on the user’s device. In a browser environment, it is stored inside the local storage of the Privy iframe.
- Auth Share: This shard is encrypted and stored on Privy’s servers. It is retrieved when the user logs in with their original login method.
- Recovery Share: This shard is stored in a backup location of the user’s choice, typically a cloud storage account such as Google Drive or iCloud.