Security Measures

Security is paramount for a wallet:

Encryption: The wallet’s private key is encrypted with a strong key derived from a user’s password/passphrase. Without the password, even if someone got the device data, they couldn’t access the keys.
Biometric/PIN Lock (Mobile): The mobile app likely requires a fingerprint, face ID, or PIN to open, adding a layer of security.
Transaction Signing Clarity: Whenever a transaction is to be signed (like sending a payment or confirming an escrow release), the wallet will prompt the user with details (amount, recipient, etc.) and ask for confirmation. This ensures the user is aware of what they are approving, mitigating risks of malicious requests.
Phishing Protection: The wallet might have integrated checks or warnings if a user is about to send funds to an address known for scams (though since most interactions are with CRE8’s contracts, not arbitrary addresses, this risk is lower on-platform).
Backup and Recovery: Users can re-import their wallet on a new device by entering their seed phrase. CRE8 will likely remind users often to back up their seed phrase properly. There might be an option to download an encrypted keystore file as an additional backup.

Last updated 3 days ago

Security is paramount for a wallet:

Encryption: The wallet’s private key is encrypted with a strong key derived from a user’s password/passphrase. Without the password, even if someone got the device data, they couldn’t access the keys.
Biometric/PIN Lock (Mobile): The mobile app likely requires a fingerprint, face ID, or PIN to open, adding a layer of security.
Transaction Signing Clarity: Whenever a transaction is to be signed (like sending a payment or confirming an escrow release), the wallet will prompt the user with details (amount, recipient, etc.) and ask for confirmation. This ensures the user is aware of what they are approving, mitigating risks of malicious requests.
Phishing Protection: The wallet might have integrated checks or warnings if a user is about to send funds to an address known for scams (though since most interactions are with CRE8’s contracts, not arbitrary addresses, this risk is lower on-platform).
Backup and Recovery: Users can re-import their wallet on a new device by entering their seed phrase. CRE8 will likely remind users often to back up their seed phrase properly. There might be an option to download an encrypted keystore file as an additional backup.

Last updated 3 days ago