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By Zig3v2
Easy, Fast & Secure Stellar Biometric Account Creation, Storage and Signing wallet protocol
The Zig3v2 project has clear objectives in mind: Reduce cognitive complexity to enter the Stellar ecosystem by providing a secure way to create accounts, sign for Stellar transactions, all with a touch of the thumb or a snapshot of the face via biometrics, without having to install a browser extension or download an app. We believe this facility for the Stellar community would be great for low-value transactions and a move to a new Decentralised Standard.
Create a wallet to provide the easiest way to create accounts, sign transactions, and store keys securely on users' devices to ensure decentralisation. Ensure the wallet incorporates multiple login/signing popular options such as Albedo, Freighter, Rabet, Ledger, and Trezor. Provide Sep24 payment flows to ensure Stellar Anchor interoperability. Allow simple send and receive features within the wallet session time. Integrate Stellar swap functionality such as those features in the Albedo, LumenSwap, and Xbull wallet.
The Problem: To use the Stellar network, a user needs to create an account on Stellar, fund it via buying XLM to activate it. Then there are three main choices: Install a browser extension, use their private key directly on the website where they wish to spend their assets, or use a hard cold storage type wallet.
Numerous people will find this off-putting due to the cost of a hard cold storage wallet. Simply because those people doing so, many find the concept of installing a browser extension can be annoying or even in some cases too complex. Most users would find this user experience to be too time-consuming and overly challenging. It’s a time-consuming and laborious task that can lead to users like mum and dad or even Granny and Grandad excluding themselves from the Stellar experience.
In any case, “Enter your password to complete this login” is well understood by most. The only way to implement this login otherwise today is to use the private key directly on the website that generates the transaction, but users can’t be certain of what the website will actually do with their private keys.
Storing users' keys securely on their own devices. Enabling users to access their keys for login or signing with finger or face biometrics. Ensuring users don’t even need to copy-paste keys, potentially losing them by accident. And utilizing The Simple Sign open-source widget for complete online protection.
$2.5K
Nathaniel Denny
No other submissions.