
Why Coinbase's new smart wallet could be a watershed moment for crypto UX
The Scoop
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Revolutionizing Wallet Experience with Smart Wallets
The chapter explores how smart wallets by Coinbase are reshaping the traditional wallet experience by introducing passkey technology that securely stores private keys on the user's device and automatically backs them up to the cloud. It discusses the security benefits and drawbacks of this innovation, emphasizing the need for measures like customizing passkey names and creating backups on multiple devices to ensure fund accessibility.
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