New York, United States, December 15, 2023, Chainwire
Everyone can now use Heart without starting sentences. Now you can generate and manage keys through simple Web2 methods like Gmail and Apple logins, making them more accessible without any security or custody compromises.
This is a first-of-its-kind experience in wallet building, designed for the Avalanche ecosystem and beyond. Core’s seed abstraction is universal and not limited to specific blockchains or virtual machines. A user can use Core-generated seeds on various blockchains, from Bitcoin to EVMs, without the complexities of multiple contracts or cross-chain issues.
Ease of use across chains sets Core’s Seed Abstraction apart from other offerings. For example, ERC-4337 (account abstraction) limits wallet users to EVM chains and imposes restrictions based on where the contracts have been deployed. Core outperforms ERC-4337 by allowing users to transact in multiple environments (such as Bitcoin, Avalanche C, X and P-Chains, and any EVM) with confidence and security.
Main uses CubistCubeSigner’s non-custodial signing service, which provides basic secure social logins and manages keys inside secure hardware. Core generates keys and signs transactions remotely, from CubeSigner’s secure hardware. No one can see your private key. When users sign transactions, extensive encryption methods and a secure enclave keep the raw private keys safe.
To access a Core account, a user needs both their login credentials and a physical authentication device, which significantly reduces the risk of phishing and unauthorized access. Additionally, CubeSigner’s key export protocol includes additional steps and waiting periods to protect against attacks such as SIM swapping, ensuring that only the rightful owner can export their keys.
Core unifies Web3’s core tenants by enabling simple, frictionless, bootstrap-free integration while preserving self-custody and high security. Core users are free to choose their preferred form(s) of registration, login and recovery without any apprehension or anxiety. – Akash Gupta, Head of Consumer Products at Ava Lab
Everyone has read stories about lost seed phrases and lost wallets. Seedphrases present their own risks, not to mention that few people beyond crypto natives will devote the time and attention necessary to properly manage them. Core’s Seed Abstraction is an elegant way to eliminate these risks and simplify the Web3 wallet experience while maintaining security.
To support Web3 adoption, blockchain products must continue to improve the UX, making them as transparent as Web2 products. Core’s Seed Abstraction was designed this way, solving one of everyday users’ biggest problems – seed phrases – and making the wallet experience more intuitive and in line with how most people actually use the Internet .
Some Core users may wish to continue using a seed phrase and have the option to do so. Existing wallet creation options will remain in place. Users who wish to go seedless will need to create new Core wallets, providing them with all the associated benefits.
About Ava Labs
Ava Labs simplifies the deployment of high-performance solutions for Web3, thanks to innovations from Avalanche. The company was founded by Cornell computer scientists, who teamed up with Wall Street veterans and early Web3 leaders to implement a promising vision to redefine how people build and use open, secure networks. authorisation. Ava Labs is redefining how people create value with Web3.
Product Marketing at Ava Labs