Bit News Live

Stellar Lumens News Today – Headlines for August 29

  • Stellar’s SEP-30 series is improving user experience and adoption
  • SEP-30 facilitates seamless, user-focused solutions
  • SEPs come in different types and provide different use cases

Stellar Lumens News Today – Stellar introduced a new solution that improves user experience in the Blockchain. This solution is the SEP-30 series. The SEP-30 series offers an essential user experience. It is also paramount to driving adoption when it comes to Blockchain technology. The Stellar Blog offers a detailed explanation of what SEP-30 is all about. It also clarifies the shortcomings in recovery and key management. Regarding the solution, Stellar tweeted:

Recovery and key management can be difficult. SEP-30 final installment explores different ways to empower products and services. The goal is to offer a more secure and seamless user experience.”

SEP-30 facilitates a seamless, user-focused solution for recovery and key management. SEPs (Stellar Ecosystem Proposals) are open specifications, that provide best practices for products and services on the Stellar Blockchain.

SEPs Come in Different Types And Offer Different Use Cases

Different types of SEPs offer different use cases. The SEP-30 solution focuses on ensuring that key management and loss prevention in particular are made as user-friendly as possible. The SEP-30 solution is designed to:

Operate without recovery phrases, and prevent third parties from controlling user account. It also ensures that users don’t need to remember their passwords.”

The SEP-30 wallet or vibrant has what it takes to ensure that things are as simple as possible for users. With Vibrant, users only need their phone number to log in. The rest of the process works from there with no need for a secret key or user password. The process is effective because multi-sig, device keys, and distributed servers create new access. Hence, this is more efficient when compared to working with a single master key.

Stellar’s SEP-30 API Includes Two Endpoints

The SEP-30 version offers an API, which comes with two endpoints. One of which is used to register accounts. While the other endpoint can be used to sign transactions. Additionally, a third party will set up a recovery server. The recovery server will host the two endpoints. SEP-30 sets up clients to consume the endpoints. To make it work, the wallet must interact with two independent and separate recovery servers.

Excellent user experience is essential to drive adoption. It involves supporting account recovery via mobile devices, email, and other methods of authentication. This implies that it will be possible to create a non-custodial user-friendly wallet. According to the crypto expert Sydney Ifergan in a tweet:

Stellar is more than storing value on the Blockchain network. It also includes providing improved user experience.”

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she’s not writing, she spends time with her adorable cat, Ginger and works out often.

Source
Smartereum

Live Price

powered by Coinlib

Crypto Converter

powered by Coinlib

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

%d bloggers like this: