Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Exodus Launches New Initiative for Seamless Web3 Access

Cryptodnes2024/07/10 07:40
By:Cryptodnes

Exodus, a leading crypto wallet provider, is launching a new product aimed at simplifying the Web3 user experience for newcomers.

Called “Passkeys Wallet,” this innovation allows users to easily create an encrypted, embedded wallet with just a single click.

David Reising, Exodus’ head of product, emphasized in an interview with CoinDesk that Passkeys Wallet eliminates the need for complex tasks like managing 12-word seed phrases or navigating different blockchain ecosystems separately.

The goal is to reduce friction in crypto adoption by offering a seamless UX similar to popular Web2 apps like Instagram or Facebook. Users can explore various dApps without signing up, email verification, or worrying about importing wallets.

READ MORE:
Tether’s Paolo Ardoino Warns Against Risks of Centralized AI Models

The wallet supports Ethereum Virtual Machine (EVM), Bitcoin (BTC) , Solana (SOL) , and other blockchains, ensuring compatibility across different dapps within the same interface.

Exodus is also facilitating easy funding through partnerships with payment processors, making it accessible for new users to engage with crypto applications.

Developers can integrate Passkeys Wallet using a few lines of code, leveraging Multi-Party Computation (MPC) technology for enhanced security. Exodus aims to collaborate closely with developers and share revenue from on-chain transactions.

SHARE: SHARES
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Bitcoin dips below $50K: Crypto market crashes 17%

Cointelegraph2024/08/05 07:06

1 hour ago, the Nomad attacker spent 39.75 million DAI to buy 16,892 ETH

Odaily2024/08/05 06:39

U.S. federal funds rate futures extended gains, implying an 89% chance of a 50 basis point rate cut by the Federal Reserve in September

Odaily2024/08/05 06:38

F2Pool: ASIC mining machines with unit power consumption of 23W/T or higher have fallen to shutdown prices

Odaily2024/08/05 06:36

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
10478.98%
ROI
Total profit $53442.77
BitCoin
BitCoin
insight500/500
10731.39%
ROI
Total profit $10731.38

Bot copy trading

More
Morgee
Morgee
insight150/150
$18245.96
Total profit
Total subscriber profits $-191.6
TopTrader85
TopTrader85
insight150/150
$13284.03
Total profit
Total subscriber profits $137.16