Thread by @govendible

1 of 12: With the help of the #algofam, our new product Trustible will bring explosive growth to @Algorand .

How? Our architecture.

Here is a quick overview...

2: Vendible creates a decentralized identity vault for each member. This account is never touched and manages your unique identity on-chain.

3: Using zkSNARKS and advanced encryption, we create associated accounts which connect to the main without exposing those links on-chain to preserve privacy.

4: These accounts manage activities connected to your main account. Activities include holding assets or data, logging into applications, and in the case of Trustible, protecting private keys from loss without sharing those keys with a centralized service...including Vendible.

5: Trustible can protect private keys on any major blockchain network, but all main and associated accounts are on Algorand.

6: When someone protects their $BTC key, a new Algorand account is created to manage that activity. It's the same for $ETH, $SOL, etc.

7: When we partner with self-custody wallets, each key protected will generate a new Algorand account. It could be an $HBAR or $BSC wallet - it does not matter; new Algorand accounts.

8: When we partner with a dApp on $NEAR to monitor for unprotected accounts, and they prompt the user to protect their key...that's more Algorand accounts. It doesn't matter if the people using the dApp have ever heard of $ALGO...new accounts.

9: In Trustible, each private key associated account pulls $ALGO and $VEND off exchanges and locks them into these accounts for the length of the subscription.

10: We will share a post on our new website soon with more details on how we create and manage associated accounts.

11: For now...please follow, share, and support us so we can secure all chains with Algorand.

12: We want to thank @Algorand and @AlgoFoundation for their support and the other companies and people who have come together to help guide and mentor us over the last few years.

@AlgorandMiami @borderless_cap @Woodstockfund @bigbrainvc @BixinVentures @NGC_Ventures @Onfido

Anyone interested in getting first access to the Trustible testnet, locking in deep discounts, and earning 3x $VEND rewards for participating should check out our xNFT series Ible City. Now live on @ALGOxNFT

vendiblelabs.com/ible