Exciting news from the Holonym Foundation! Human Wallet, formerly known as Silk and a key part of the human.tech protocol suite, is thrilled to announce the launch of its alpha testing alongside a crucial security enhancement.

Human Wallet Tackles Blind Signing with New Security Fix

The team behind Human Wallet (formerly Silk), the innovative decentralized crypto wallet, has officially announced a significant update: a fix designed to prevent sneaky blind signing attacks.

Blind signing, where users unknowingly approve transaction details, is a common concern in crypto. Human Wallet is tackling this head-on with a smart combination of technologies: two-party computation (2PC), trusted execution environments (TEEs), transaction simulation, and the trusted security of hardware wallets.

This powerful setup generates easy-to-understand summaries of transactions for you to review before you sign. The real game-changer? You’ll see this clear preview directly on your secure hardware wallet, not just on your computer or phone!

Nanak Nihal Khalsa, cofounder and CTSO of Holonym Foundation, shared his thoughts on the importance of this release for the entire Web3 community:

Given the urgency of recent events, and the concern this has caused within the crypto community, we’ve expedited internal testing to make Human Wallet available now. As an alpha release, we encourage users to experiment within their security workflows rather than rely on it for major assets at this point in time.

Unlike traditional centralized systems, Human Wallet puts you in control. Your consent is essential, and every transaction is cryptographically verified through the decentralized Human Network for ultimate security.

Calling All Crypto Enthusiasts: Test the New Feature in Alpha!

Ready to try it out? Getting started is simple. Just download the browser extension, create your account, and link your hardware wallet as a secure two-factor authentication (2FA) method. Now you can review and confirm transactions in plain language, no more deciphering complicated hexadecimal code!

Using Human Wallet as a signer in a multisig setup adds an extra layer of peace of mind. Think of it as a safety net: even if an unlikely issue affects your primary key recovery, a backup hardware wallet will ensure you maintain access. This thoughtful approach reflects Human Wallet’s commitment to finding the sweet spot between user-friendliness and top-tier security. They’re making advanced security accessible, moving away from the cumbersome methods that often require tech expertise and complex setups to avoid blind signing.

Human Wallet is a direct result of the Holonym Foundation’s core mission: to make Web3 easier and safer for everyone. Its innovative TEE and 2PC framework aims to finally resolve the frustrating trade-offs between security and usability that have long been a challenge in the DeFi space. They’re striving to offer robust protection without sacrificing a smooth and intuitive user experience.