Bankless

StarkWare Sessions #2 | Braavos & Smart Contract Wallets with Motty Lavie

8 snips
Feb 9, 2023
Guest
Motty Lavie
Motty Lavie, founder and CEO of Braavos, shares insights on revolutionizing cryptocurrency with his self-custodial smart contract wallet built on StarkNet. He discusses the shift from traditional wallets to smart contract solutions, emphasizing enhanced security with hardware signers and biometric authentication. Lavie explores how ZK roll-ups coexist with smart contract wallets, improving scalability and user access. Discover how Braavos aims to simplify DeFi interactions and streamline the transition from fiat to crypto, all while addressing user experience.
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INSIGHT

Account Abstraction Explained

  • Account abstraction divides wallets into application and on-chain contract parts.
  • This separation allows custom logic for signatures and transactions, enabling new functionalities.
INSIGHT

Public Key vs. Address in StarkNet

  • In StarkNet, your public key isn't your address, but stored within your account's smart contract.
  • This allows flexibility with multiple public keys and signers.
ANECDOTE

Braavos Security Pyramid

  • Braavos utilizes a security pyramid with hierarchical security measures.
  • The base is a seed phrase, with more advanced signers offering enhanced security.
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