Daniel Lombraña pfp
Daniel Lombraña
@teleyinex.eth
One of the main pain points on web3 UX is handling your own wallets. While for most of us here, we are ok with it, the truth is that most people wont try to setup a hardware wallet or anything similar to be on the safe side. For this reason we've decided to create wallets for you, but with a different approach.
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Daniel Lombraña pfp
Daniel Lombraña
@teleyinex.eth
While most of the solutions create a standard wallet, we do something different: we create for you a multi-sig. Why a multi-sig? Well, because we want you to be able to leave the nest whenever you want, and be 100% sure that you can trust us in the process.
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Daniel Lombraña pfp
Daniel Lombraña
@teleyinex.eth
How's that possible? Well, because the wallet will have several owners, and when the user wants to leave and run its own wallet, all the user has to do is request it, and after some validation, the user will kick us out of the multi-sig. We believe this is the best approach for security and autonomy.
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Daniel Lombraña pfp
Daniel Lombraña
@teleyinex.eth
You will not loose anything in the process, and as a user, you can trust the process as kicking us out of the multi-sig will be another operation within the txs of the wallets, ensuring that everything has been done properly and transparently.
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Daniel Lombraña pfp
Daniel Lombraña
@teleyinex.eth
You can find more in this blog post written by @superxi https://blog.astaralabs.com/post/soft-ramp-web3-ux
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Phil Cockfield pfp
Phil Cockfield
@pjc
↑ I see "DID" (Decentralised ID) mentioned by @superxi in the first paragraph, and immediately goes onto my "read carefully" reading list.
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Fran Vañó pfp
Fran Vañó
@superxi
IDK if you have already read it or if it is still on your reading list, but please let us know your thoughts. It is very important for us to know the Web3 community's opinion about our protocol.
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Phil Cockfield pfp
Phil Cockfield
@pjc
Reading/digesting this weekend and will loop back to you Fran. 🧠🫀..🌳
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