Ethereum’s Vitalik Buterin Calls For Enhanced Privacy and Security in Web3 Wallets

Quick Summary:

  Ethereum co-founder Vitalik Buterin has called on Web3 wallets developers to prioritize improving security and privacy in decentralized wallets.

Another major point raised by Vitalik Buterin in his blog is the need to simplify transfers across Ethereum’s top Layer-2 (L2) networks, such as Optimism and Arbitrum.

The Ethereum co-founder proposed a two-layer security system for wallets, combining social recovery and multisig with graded access control.

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Article Details

Author / Journalist: Ronny Mugendi

Category: Crypto

Markets: IndiaMali

Topics: 24/7 Cryptocurrency News Web3 Cryptocurrency Wallets Ethereum Vitalik Buterin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 18:41:36 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 24098844

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