The difference between using Nova and using a bank for day-to-day money.
Nova vs bank
Nova does not try to be a bank. That difference needs to stay clear. This page compares both models using what Nova already says in public: custody, access, and the kind of promise it makes.
In short
- Nova presents itself as a wallet, not a bank.
- Nova says money lives on the Liquid network and access stays with the user.
- Nova does not offer yield.
Where the difference starts
With a bank, the relationship revolves around account custody and institution control.
With Nova, the public message revolves around wallet access, the Liquid network, and user control over the key.