SpringWallet: Simple and effective, open-source, lightweight, Ethereum HD wallet
blog.springworks.in
blog.springworks.in
Most decentralised applications need their users to install third-party extensions and/or signup for a custodial wallet for any step where they need to interact with blockchain. This creates unnecessary friction and scares them off at the on-boarding stage itself. This also adds a number of steps to regular functionalities.
Enter SpringWallet! SpringWallet is SpringRole’s open-source, lightweight, Ethereum HD wallet. It doesn’t require any installation/signup. It’s a seamless wallet experience that is tightly integrated into the SpringRole platform to provide easy and immediate access to the platform’s decentralised functionality.
How does it work/Behind the scenes SpringWallet generates unique 12 words mnemonic, which generates a random Ethereum account. The mnemonic is encrypted on the client-side with the user password, and this encrypted mnemonic is stored in our database so that we can provide our users access to the wallet across multiple devices/browsers.
The major drawback of a custodial wallet is that the private keys stay within the provider server, so the user doesn’t have full control of it. That’s not the case with SpringWallet as your private keys never leave the browser, hence giving you full control of your wallet.
SpringWallet is simple, secure, and flexible.
Doing a blockchain transaction is just two clicks away:
1. Unlock SpringWallet
2. Sign the transaction
About SpringRole: SpringRole is enabling everyone’s #VerifiedProfessionalProfile on the Blockchain. It is a decentralised attestation-based professional network platform powered by the blockchain.
SpringRole is the platform where people can view, share and get attestations on their professional profile, thereby creating a verified resume that they can share and use. A user’s educational qualifications and work experience are verified by the organisations themselves and written directly to the blockchain. To assess a user’s skill set, SpringRole has a system of weighted endorsements that let users objectively look at people’s profiles and assess their skill level.