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Zilliqa
$0.08243 -4.39%
ZIL · 2w

Zilliqa now supports the social recovery wallet by Tyron SSI

This is a pretty great development, allows the use of social recovery wallets at a fraction of the cost of what they traditionally cost on the Eth blockchain. *The social recovery wallet works like any other crypto wallet. But, should the owner lose their signing key, they could contact their guardians requesting them to change the signing key to a new one.* >***“The user can simply reach out to their guardians and ask them to sign a special transaction to change the signing pubkey registered in the wallet contract to a new one. This is easy: they can simply go to a webpage such as*** [***security.loopring.io***](https://security.loopring.io/)***, sign in, see a recovery request and sign it. About as easy for each guardian as making a Uniswap trade.”*** Full article: [https://cryptoslate.com/social-recovery-now-available-on-zilliqa-at-a-fraction-of-the-cost-of-ethereum/](https://cryptoslate.com/social-recovery-now-available-on-zilliqa-at-a-fraction-of-the-cost-of-ethereum/)
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