There has been a lot criticism about @Ledger's new recovery solution Ledger Recover. But I think there is a path to mitigate some of the concerns around it.
The answer: Account Abstraction! ๐งต๐
At @Safe we are enabling account abstraction through a modular Smart Account. This means your onchain account can be controlled through self-custodial private keys, but can also have arbitrary logic through plugins which we call "Safe Modules".
Apr 20, 2023 โข 10 tweets โข 4 min read
I will clear up some misconceptions about @safe in the coming weeks. Let's start with a very common one:
๐ค Popular opinion: "Safe is a Multisig"
๐ก Reality: "Safe is a composable Smart Account framework"
Here's why ๐๐งต
It's true that Safe Smart Accounts are very often used by teams and DAOs using a Multisig configuration. Which means that a Safe Smart Account is controlled by multiple private keys that have to co-sign transactions.
Jun 8, 2022 โข 6 tweets โข 1 min read
The solution space for hybrid custody is vastly under-explored.
With @gnosisSafe you can build solutions that keep full control with the user but give partial responsibility to trusted third-parties such as... ๐
1) Watchtower: Third-party that observes all transactions and blocks them on-chain if they seem malicious / sketchy. Potentially coupled with an insurance.
Apr 16, 2022 โข 14 tweets โข 5 min read
On Friday, the @gnosisdao community voted to spin-out the @gnosisSafe project and launch the $SAFE token.
A thread on what that means for the future of the project and Web3 in general. ๐
First of all Iโd like to express how grateful I am about the excitement around this proposal. More than 900 community members voted, the biggest voter turnout in the history of @gnosisdao. This itself is a huge achievement! ๐ snapshot.org/#/gnosis.eth/pโฆ
Sep 14, 2021 โข 12 tweets โข 5 min read
Apple is blocking a release of our @gnosissafe mobile app because we display NFTs in it. After 2 weeks of back-and-forth, I felt that we need to talk publicly about this to raise awareness.
See the thread for details and why this might affect other wallets and apps as well. ๐
2 weeks ago, we submitted a new version of the Gnosis Safe Mobile app to the app store. Shortly after we got the following response.