Elysium being a "non-custodial software cold wallet" means that:
- Non-Custodial: You, and only you, have control over your private keys. We don't store or manage your keys for you. This ensures that you retain full ownership and control of your digital assets, without relying on a third party.
- Software Cold Wallet: Your private keys are stored offline, away from potential online threats and hackers. This enhances security by keeping your keys safe from cyber-attacks, unlike online or "hot" software wallets in the market which are connected to the internet.
In essence, Elysium combines the best of both worlds: ultimate control over your assets and security through offline key storage, along with ease of use.