In the web3 network, the ideal state would be having a DID (Decentralized Identifier) account that can connect and access all services, including web2, eliminating the need for users to remember multiple account passwords and concerns about privacy data leaks. However, the reality is different. Not only is it challenging to achieve this in web2 networks, but even in web3 networks, the existence of different public chains and networks implies different account systems. Additionally, individuals may create multiple accounts for different purposes or environments. Consequently, users end up having to manage a pile of accounts and passwords.
Most wallets that support multi-chain functionality use the same seed to generate corresponding key pairs based on the algorithm of the target public chain. In essence, these different accounts are derived from the same seed and can be considered as a single account. However, for most wallets currently available, it is impossible to unify and manage accounts that already exist on different chains or even within the same chain. The fundamental reason behind this issue is that these wallets do not support the storage of users’ encrypted data.
In contrast, TinyVerse Space’s super account possesses inherent unlimited connectivity and scalability because it can store users’ encrypted data. Users can save any type of data, including account and password information. This capability eventually becomes a sub-account management module. Users can create a new sub-account at any time, select the connected public chain, and gain the ability to interact with that chain. Users can also import existing wallet private keys, allowing the old wallet to make full use of the convenience offered by the TinyVerse Space super account without worrying about account recovery issues.
The TinyVerse Space super account not only connects to web3 services but can also connect to web2 services. For the super account, any network service is simply a combination of RPC addresses, usernames, passwords, and other information. As long as the service has an open interface, it can become a sub-account of the super account. Even if a particular network service does not have an open network interface, users can save the username and password for that service, eliminating the hassle of password recovery if it is lost.
Under the super account, countless sub-accounts of different types can be created. Combined with the upcoming app plugin platform provided by TinyVerse Space, developers can create infinite account management solutions for themselves or users, tailored to different individuals, teams, and organizations. For example:
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You can plan different sub-accounts for different usage scenarios, such as a high-value wallet that can be kept hidden, a wallet for daily small payments, and a wallet for investments. Different projects may require different wallets for integration and more. An individual may need multiple wallets to ensure a certain level of privacy.
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If you are a boss and hold the private key of a wallet, you can assign approval rights to an approval team, allowing them to manage and use the wallet according to the rules of an MPC (Multi-Party Computation) wallet. However, the ultimate approval and ownership rights still remain with you as the boss.
With the integration of upcoming smart contracts, the potential of sub-accounts will gradually emerge and unleash their full capabilities.
Tinyverse
Helping users build a private safehouse in the digital world, experiencing and creating a better digital life. Our goal is to help users build a private safehouse in the digital world, giving them full control over their personal data. By integrating AI technology, users can infinitely expand their capabilities and create a better digital life.
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