Mon, November 18

Core Introduces Seed Abstraction for Simplified Cross-Chain Security in Web3

Core Introduces Seed Abstraction for Simplified Cross-Chain Security in Web3 Blockchain News

Without seed phrases, Core is now accessible to anyone. It is now easier to produce and maintain keys using straightforward Web2 methods, such as Apple and Gmail logins, without sacrificing security or custody.

Designed for the Avalanche ecosystem and beyond, this wallet creation experience is unique. The seed abstraction in Core is not particular to any one blockchain or virtual machine (VM). Users don’t have to deal with the hassles of numerous contracts or cross-chain problems while using Core-generated seed on other blockchains, such as Bitcoin and EVMs.

What distinguishes Core’s Seed Abstraction from other products is its ease of cross-chain usage. For example, wallet users are restricted to EVM chains by ERC-4337 (account abstraction), which also imposes limitations depending on the deployment location of contracts. Core is superior than ERC-4337 because it allows users to deal securely and confidently in a variety of contexts, including Bitcoin, Avalanche C, X, and P-Chains, as well as any EVM.

Core manages keys within secure hardware and offers secure social logins using Cubist’s non-custodial signature service, CubeSigner. From CubeSigner’s secure hardware, Core remotely creates keys and signatures transactions. Your private key is hidden from view. Robust encryption techniques and a safe enclave protect raw private keys when users sign transactions.

The danger of phishing and illegal access is significantly decreased when a user requires a physical authentication device in addition to their login credentials to access a Core account. To further safeguard against attacks such as SIM swapping, CubeSigner’s exporting protocol has additional procedures and waiting periods to guarantee that only the legitimate owner may export their keys.

By facilitating easy, frictionless, and seedless onboarding while maintaining self-custody and excellent security, Core combines the fundamental principles of Web3. Users of Core are free to choose their preferred login, recovery, and sign-up methods)without fear or hesitation as per Akash Gupta, Ava Labs’ Head of Consumer Products

Everybody has heard tales of misplaced wallets and seed phrases. In addition to the hazards associated with them, few individuals outside of the cryptocurrency community will take the time and care to properly manage seed terms. A sophisticated method of removing these dangers and streamlining the Web3 wallet experience without sacrificing security is Core’s Seed Abstraction.

Blockchain products must continue to enhance UX and become as seamless as Web2 products in order to facilitate the adoption of Web3. In this approach, Core’s Seed Abstraction was designed to solve one of the main issues facing regular users—seed phrases—while also improving the wallet’s usability and aligning it more closely with the way that the majority of people use the internet.

Users of Core may choose to continue utilizing a seed phrase if they so want. The current methods for creating wallets will continue to operate. In order to take use of all the advantages that come with being seedless, users will need to establish new Core wallets.

A devoted content writer having 3 years of crypto trading experience. Loves cooking and swimming. Stays up to date with the latest developments on blockchain technology.