The Solana Ecosystem Incorporates Web3Auth Infrastructure

Sometimes a new user can be confused when entering the crypto world. Especially new Web3 users that need a blockchain wallet.

Seed phrases are very important in wallets because they are your private keys to access your funds. Thus, if the seed phrase is lost, your funds will be lost.

The Solana Foundation and Web3Auth just announced a collaboration where seed phrases are eliminated when a user interacts with any Solana dApps and wallets.

Binance, Ubisoft, Keplr (Cosmos), Rarible, and other known wallets and applications are using Web3Auth infrastructure. Web3Auth has over 8 million users and works with more than 500 DApps.

Last month, Web3Auth announced a $13 Million Series A funding led by Sequoia Capital India, which included FTX, Bitcoin.com, and others.

Web3Auth in the Solana Blockchain

Web3Auth is helping Web3 users to interact easily with the blockchain as social network logins are helping Web2 users.

That is what Web3Auth Auth infrastructure brings to all Solana wallets and dApps, to make it easier by forgetting about the seed phrases and keep it simpler.

Web3Auth is already working in dApps of the Solana network such as Magic Eden, Metaplex, and Holaplex.

Solana Labs and Web3Auth have been collaborating for months and are bringing the Solana Torus Wallet.

What Features Does the Solana Torus Wallet Have?

The Solana Torus Wallet is a non-custodial wallet where you store in a secure way your cryptos having your own control in the Solana blockchain.

The users of the wallet will be able to log in through Google, Facebook, Twitter, and Discord. Also, users will be able to top up their wallet funds by purchasing crypto with fiat without KYC verification.

The wallet will be available in the mobile and web format, without the use of an App. Wallet customers will not have to pay SOL fees by using the wallet, because the applications will cover it. 

The User Experience (UX) of any kind of service is very important. As crypto matures and more people are entering this world, companies like Web3Auth are working to improve the UX.

With better UX, there will be no doubt new people will come in and expand the crypto adoption.