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RE: INTRODUCING VIPER: Sound, video, and blogging platform using STEEM and IPFS
No, your keys are stored on your computer just like Steemit, we never touch your keys once, but most importantly you don't have to put your password again and again, since the encryption algorithm enable you to just put a PIN code with an even better security as comparing to Steemit.
It does not offer better security than Steemit, because the app still has to login in through Steemit security. You've only added an extra step.
Yes it does, your private does not pass to steem nor steemit nor any other platforms. it stays on viper which stay on your computer. When you post something, your private keys also does not leave viper, they are just used to sign that it comes from your account. Check out Steem for more information.