I’am running Catapult testnet and played with account, i looked before into Fortmatic ETH and i’am thinking would be good to create a similar app setupless for sign up / sign in, in fortmatic they use Aws to store securely private keys and user can easily recover it but in a past news i noticed that in Catapult you can share authorization with trusted people and with agregate transactions recover the key?
> in Catapult you can share authorization with trusted people and with agregate transactions recover the key?can you elaborate on what you intend there? not sure i understand the “trusted people authorization” (multisig?) and “recover the key by aggregate tx” that is unheard of for me ?
Is like Fortmatic they use ETH for they wallet third party, you owns your private keys and you can setup an account in 1 min and you don’t need to store the private keys. I think they use third party Amazon cognito for sign up / sign in and Amazon KMS for storing the private key is encrypted you get a public key KMS for decrypt, this public key is returned to the server and can be encrypted with the timestamp of amazon cognito and stored in database.When user want to connect to the service they sign in with cognito the private key is only sended if the user want to make a transaction and destroyed once the transaction is done
I don’t remember when but i read a post about key lost was a problem in crypto to resolve and Catapult can help, i don’t remember how but if a user lost access of his account he can retrieve the private key if they previously setting trusted people who owns split part of the private key can be with aggregate transactions or like that
Not sure about retrieving the private key. But with multi-signature accounts you can access your funds from one or more of the cosignatories, and even remove the account with the lost key from the m-of-n setup.
I received a question from a development company. They have a working wallet on NIS1. What's the best way to proceed or source of information for them to allow them to develop support for Symbol as well?
#Symbol, the new #NEM #Blockchain is ready for developers to play with! Greg Saive (@evias) and David Garcia (@dgarcia360), of the @NEM Foundation, will give details to Alexis Trujillo (@psputnik) in this episode of TNS