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Earth Wallet Commited to Decentralisation with Security Audit

December 5, 2023
in Crypto News
Reading Time: 4 mins read
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  • The audit was conducted by Halborn Security, making Earth Wallet the first that caters to Bitcoin Ordinals self-custody to go through the process.
  • The wallet supports all major digital tokens and NFTs and through its open SDK, can connect to any decentralized application seamlessly, all while offering a great user experience.

Earth Wallet, one of the emerging leaders in the Bitcoin and Ethereum space, has announced the successful completion of an independent audit.

The audit was conducted by Halborn Security, an industry full-stacks solutions leader that has conducted similar audits for major platforms including Euler Finance, AVA Labs, Primex FInance and Orion.

Earth Wallet is now the first independently audited, self custody Bitcoin Taproot & Ethereum wallet, available on iOS and Android 🥕🌎

Thank you @HalbornSecurity, for helping ensure the new era of crypto innovation on Bitcoin is security first👇https://t.co/v9HF4iPuvE

— Earth Wallet (@earthwallet) December 1, 2023

By undergoing forensic examination by some of the world’s leading blockchain experts, Earth Wallet is now the first “independently audited self-custody Bitcoin Ordinals, and Ethereum Proof-of-Stake wallet available on iOS and Android, setting a new industry standard for self-custody solutions at the forefront of Bitcoin Taproot.”

Earth Wallet founder and CEO Sukhveer Sanghera says the audit reiterates his company’s pledge to decentralization and ease of use, but not at the expense of security and privacy.

He commented:

We are thankful to Halborn Security for helping independently verify our commitment to the fundamentals of Bitcoin and Ethereum decentralization, and self-custody. 

The audit involved Halborn’s security experts rigorously testing Earth Wallet’s protocols to ascertain that they were held to the highest level of user safety. This has become ever more critical in recent years when attacks on digital currency wallets and platforms have become worryingly common. According to a Chainalysis study, over $3,8 billion was stolen from crypto platforms in 2022.

Part of Earth Wallet’s impenetrable security system relies on giving users true ownership of their cryptocurrencies. Being a non-custodial wallet, it doesn’t hold the private keys or the seed phrases of its users. As has become increasingly clear with crypto, the phrase “not your keys, not your coins” is as true today as it was a decade ago. With a self-custodial wallet, users don’t have to worry about what happens to their tokens if the wallet ever goes under.

Earth Wallet is available on all major platforms, including Apple’s App Store and Google’s Play Store and it has now been downloaded over 20,000 times. It supports a majority of tokens, from Ethereum-based NFTs to the Bitcoin Ordinals which have blown up this year. It also offers seamless integration to any decentralized application (dApp) through its easy-to-use SDK, while its domain support feature gives it one of the best user interfaces in the market.

CEO Sanghera added:

We are dedicated to empowering everyone on Earth with full control of their own digital assets, without sacrificing security or user-friendliness.

While security and convenience are at the heart of its offering, Earth Wallet is committed to playing its part in pushing for environmental sustainability. The company dedicates a significant portion of its revenue to plating thousands of trees and removing thousands of pounds of waste from our oceans.

Crypto News Flash Disclaimer: This publication is sponsored. Crypto News Flash does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should conduct their own research before taking any actions related to the company. Crypto News Flash is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

By accessing and reading this article, you acknowledge and agree to the above disclosure and disclaimer.


Credit: Source link

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