What is Verified Wallet?
The Verified Wallet is a chrome browser extension that provides a self custodial wallet for keys and assets on ethereum compatible blockchains. The Verified Wallet differentiates itself by using a MPC algorithm to shard and assemble keys using smart contracts.
Problem
Users manage their own private keys or rely on custodial services for blockchain transactions, facing security risks from key loss/theft and loss of control over assets in custodial solutions.
Solution
A Chrome extension (self-custodial wallet) enabling users to securely manage keys via MPC algorithm to shard and assemble keys using smart contracts, eliminating single-point vulnerabilities.
Customers
Blockchain developers, DeFi traders, and crypto enthusiasts prioritizing security and self-sovereignty over digital assets.
Unique Features
MPC-based key management decentralized across shards, with smart contracts enabling recovery without centralized custody.
User Comments
Enhanced security without custodial risks
Seamless Ethereum compatibility
Innovative key sharding approach
User-friendly browser integration
Empowering self-custody for DeFi activities
Traction
Launched on ProductHunt with 500+ upvotes, supports 10+ Ethereum-compatible chains, details on users/MRR undisclosed.
Market Size
The global cryptocurrency wallet market is projected to reach $48.17 billion by 2026, driven by rising DeFi adoption (Statista, 2023).
