Introducing Self Chain
Self Chain, the first Modular Intent-Centric Access Layer L1 And Keyless Wallet Infra.
Self Chain is the first Modular Intent-Centric Access Layer L1 And Keyless Wallet Infra.
In case we haven't met, here's a brief introduction.👇
Self Chain stands out as the first modular intent-centric access Layer 1 blockchain and keyless wallet infrastructure service that utilizes MPC-TSS/AA technology for multi-chain Web3 access. Here’s how it enhances the user experience:
- LLM Decoding User Intent: Uses large language models to interpret user requests and identify optimal transaction paths.
- Simplified Onboarding & Recovery: Offers keyless wallets that ensure self-custody while streamlining the setup and recovery processes.
- Automated Rewards: Incentivizes dApps by rewarding them when user intents are efficiently resolved.
- Account Abstraction with MPC-TSS: Enables secure signing and transaction approval with reduced fees, enhancing overall efficiency.
How We Started
The journey of Self Chain began with a strategic pivot in early 2022, enthusiastically supported by our community. After the community vote, we decided to rebrand to Self Chain, Recognizing the persistent challenges linked to traditional EOA wallets, such as complex key management, the risk of losing vital seed phrases or private keys resulting in asset losses, and an unwelcoming user experience. This rebranding marks a significant shift towards a user-centric blockchain solution, reflecting our commitment to innovation and security in the blockchain space.
🔗 Community Vote https://blog.selfchain.xyz/a-new-chapter-results-of-front-to-self-rebranding-proposal-vote/
How Modular Intent Access Works
The functionality of our modular intent access is designed to be intuitive:
- User Request Interpretation: Users express their needs in natural language.
- Intent Sharing: The system interprets and shares these requests with searchers.
- Specialized Solvers Engaged: Requests are forwarded to specialized intent solvers.
- Competitive Transaction Offers: Solvers present efficient and competitive transaction options.
- Secure Transaction Signing: Transactions and associated fees are securely signed on a Keyless Wallet.
🔗 Intents https://selfchain.xyz/intents
Keyless Wallets: Leave Seed Phrase Weaknesses Behind
Our keyless wallets represent a breakthrough in crypto security, Traditional private keys and seed phrases are replaced by three independently created mathematical "Private shares." Each share serves a distinct purpose:
- Personal Share: Stored securely on your mobile device.
- Remote Share: Encrypted and kept on the Self Chain.
- Recovery Share: Sent to users for secure backup, ensuring data integrity and accessibility.
By distributing key management across three shares, we eliminate the single point of failure, enhancing security and simplifying recovery, ensuring users can access their funds even if one component is compromised or lost.
🔗 Learn: https://docs.selfchain.xyz/learn/keyless-wallet
Use Cases
Self Chain is not just a technological innovation; it's a practical solution for diverse applications:
- Intents: Streamlines complex transactions through simple user intents.
- Keyless Wallets: Enhances security and user experience in asset management.
- GameFi: Revolutionizes gaming finance by simplifying web3 UX.
- MPC-TSS: Leverages Multi-Party Computation Threshold Signature Schemes to provide decentralized security without compromising on performance.
- Account Abstraction: Simplifies user interactions by treating transactions and wallet operations through a more intuitive, contract-based approach.
- 🔗 Learn: https://docs.selfchain.xyz/learn/keyless-wallet
Security: Comprehensive Audit and Continuous Improvement
A recent audit by Beosin has underscored our commitment to security:
- Severity Levels: Most issues were medium risk, focusing on data validation and contract integrity.
- Status: By addressing the audit findings, we demonstrate our commitment to security and platform stability.
🔗 Audit Report: https://blog.selfchain.xyz/self-chain-completes-security-audit-with-beosin-a-milestone-towards-our-mainnet-launch/
Stay Connected
Thank you for being part of the Self Chain community. Stay tuned for updates and our upcoming mainnet launch.
About Self Chain
Self Chain is the first Modular Intent-Centric Access Layer1 blockchain and keyless wallet infrastructure service using MPC-TSS/AA for multi-chain Web3 access. The innovative system simplifies the user experience with its intent-focused approach, using LLM to interpret user intent and discover the most efficient paths.
Self Chain ensures that onboarding and recovery are effortless with keyless wallets that grant users complete self-custody over their assets. In addition, it provides automated rewards to dApps when they efficiently resolve user intent, further enhancing the user experience. Moreover, Self Chain incorporates Account Abstraction with MPC-TSS to provide secure signing and reduce transaction fees. It's a platform that redefines blockchain interaction, making it more secure and user-friendly for everyone.
In a world where blockchain technology is becoming increasingly essential, the user experience remains a critical factor in its adoption. Intents and Keyless Wallets are set to transform the landscape, making blockchain interactions more accessible, efficient, and secure. As we move forward, the blockchain industry has the opportunity to provide users with a seamless and enjoyable experience, unlocking the full potential of this groundbreaking technology.