{"id":239191,"date":"2024-02-01T00:16:29","date_gmt":"2024-01-31T18:46:29","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=239191"},"modified":"2024-02-01T00:16:29","modified_gmt":"2024-01-31T18:46:29","slug":"worldcoin-developer-partners-with-kresus-to-improve-wallet-security-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/worldcoin-developer-partners-with-kresus-to-improve-wallet-security-crypto-news\/","title":{"rendered":"WorldCoin Developer Partners With Kresus to Improve Wallet Security – Crypto News"},"content":{"rendered":"
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Worldcoin\u2019s\u00a0Proof of Personhood solution provider, Tools For Humanity,<\/a> has announced its intention to team up with the fast-rising web3 wallet developer, Kresus<\/a>. The collaboration will see yet\u00a0another cryptocurrency project put\u00a0World ID, the decentralised identity system most notably utilised by Worldcoin<\/a>, to use. With World ID 2.0 integrated, the Kresus SuperApp will effectively do away with\u00a0seed phrases, a move that is expected to help expand its territory.<\/p>\n

An answer to the\u00a0seed phrase question<\/h2>\n

Non-custodial wallets typically use seed phrases with\u00a012 or 24 words\u00a0for security. For the most part, this system is reliable, but there\u2019s always a risk that you can\u00a0wrongly\u00a0record\u00a0your mnemonic phrase or even lose it. Many wallet developers, Kresus included, have been working on a solution to this problem in recent years.<\/p>\n

For most\u00a0developers, the best way to deal with the downside of\u00a0seed phrase is to use more robust alternatives. For Kresus, this\u00a0means\u00a0implementing extra security features including time-delayed transactions and\u00a0social login like Google or Apple. This ensures your funds\u00a0remain secure, even if an attacker gains access to your phone and the wallet software.<\/p>\n

World ID 2.0, which will be implemented with the help of the Tools For Humanity team, is an extra security measure. In addition, Kresus will be able to incorporate new features that require users to verify their identities. The \u201cProof of Personhood\u201d feature\u00a0by World ID within the Kresus app is optional and not mandatory.<\/p>\n

Incorporating World ID is not only essential to\u00a0Kresus\u2019 mission, but Tools For Humanity will also reap some benefits from the arrangement. Kresus Labs has developed a top-tier seedless wallet, and in exchange, they have offered to help the Worldcoin developer come up with strategies\u00a0and technical aspects of the project.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Worldcoin\u2019s\u00a0Proof of Personhood solution provider, Tools For Humanity, has announced its intention to team up with the fast-rising web3 wallet developer, Kresus. The collaboration will see yet\u00a0another cryptocurrency project put\u00a0World ID, the decentralised identity system most notably utilised by Worldcoin, to use. With World ID 2.0 integrated, the Kresus SuperApp will effectively do away with\u00a0seed […]<\/p>\n","protected":false},"author":2,"featured_media":239192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-239191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=239191"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239191\/revisions"}],"predecessor-version":[{"id":239193,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/239191\/revisions\/239193"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/239192"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=239191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=239191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=239191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}