Tyrone V. Ross Jr.
@tr401
With @warpcast wallet having its ‘iPhone moment’ here’s some thoughts worth sharing.. As wallets replace ‘accounts’ transitioning from OAuth to wallet addresses for accessing end-user financial data will offer several benefits as a multi-chain future becomes a reality. -Cryptographic authentication is more secure against phishing and token theft compared to OAuth tokens, which can be intercepted. -Increased end user privacy. Wallet addresses don’t inherently reveal personal information, unlike OAuth providers that track user activity across services. Public wallet addresses will also reduce the chance of being targeted for breaches. -Removes dependency on OAuth providers reducing risks of downtime and broken connections which FAs and their clients know all to well. Wallet addresses will work seamlessly across multiple blockchains, avoiding fragmented OAuth integrations. -Users can revoke access by simply disconnecting their wallet, without relying on a third-party OAuth portal.
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Erik
@eriks
great points, hadn’t thought about it being more secure, and also no more broken connections is massive in and of itself 🤌
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Tyrone V. Ross Jr.
@tr401
Yep! We have to go through hell getting the refresh token and securing it at Turnqey. So much easier (and safer) to just access a public address.
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