The best part is that a smart contract can do all this without ever having access to your cryptocurrency. And, using a tool we call the Rescue Kit, Dapper can recover access to your account if you lose your keys or devices. So Dapper can monitor for unusual behaviour - sending large sums to strange addresses, activity in an unusual region, a request to empty an account - and check in before confirming. It can do this because Dapper’s smart contract allows it to act as a co-signer on your transactions. It does all this without ever taking control away from the user. It also makes possible conveniences like smart fee management and multi-device support (coming soon). The Dapper smart contract enables security features like account recoverability and fraud protection.
This assures users that the rules are transparent and will never change.
Dapper wallet code#
Once added to the blockchain, a smart contract’s code becomes public and cannot be modified or removed. Blockchains guarantee trustĪ smart contract is a piece of code added to the blockchain that’s programmed to complete a specific action. It combines the benefits of decentralization - the control over one’s own data and assets, the reduction of bureaucracy, middlemen, and overhead fees, and more - with convenience and a safety net.ĭapper’s secret is simple: it’s powered by a smart contract. But for blockchain to reach mass adoption, it has to work for everyday people, not just tech-savvy early adopters.ĭapper offers the best of both worlds when it comes to usability and security. It’s already changing the world, and we want everyone to benefit from that. Both approaches work alright, but with major concessions and potential dangers. Gox and Quadriga have demonstrated the risks there. In option two, you’re entrusting that responsibility to someone else, and services like Mt. In option one, you are solely responsible for your assets, with no support.
Dapper wallet full#
Fully decentralized, but complicated: These wallets give you full control in that no one but you can access your crypto, but they offer no support.So far, these wallets have come in two types:
To use the blockchain, you need a digital wallet that holds your cryptocurrency and lets you interact with the decentralized applications, or dapps, that live on the blockchain. Meet Dapper: The best way to play blockchain games and safeguard your digital treasures.
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