Buterin said that positioning zero-knowledge identity management models will also help in improving wallet security.
Moreover, he also said to add light client consensus verification and on-chain content versioning to reduce Web2 risks.
Social recovery within the bounds of the factors of account detachment has been a major concern for Ethereum as well as other decentralized networks.
The co-founder of Ethereum, Vitalik Buterin has outlined five focus areas for Ethereum wallet developers and those are user experience, security, privacy, light client consensus, and artificial intelligence.
On December 3, Buterin revealed in a blog post that he is optimistic that the wallet user experience would be enhanced with simple transactions over ETH layer-2s and optimized gas payments for carrying out swaps.
He further went on to add that systematizing ETH payments and on-chain transactions by using QR codes will promote wider blockchain adoption. Buterin suggested builders should strengthen security by using multi-signature technology along with social recovery to fight bad actors and mischief.
Positioning the technologies
Social recovery within the bounds of the factors of account detachment has been a major concern for Ethereum as well as other decentralized networks because cryptocurrencies grab typical attention.
Moving forward, Buterin said that positioning zero-knowledge identity management models will also help in improving wallet security. ZK technology gives permission to the users as well as innovators to authenticate information without revealing private information.
Adding more to this, Vitalik Buterin offered to leverage ZK tools to back private transfers, open privacy pool technology, and support off-chain data storage. Moreover, he also said to add light client consensus verification and on-chain content versioning to reduce Web2 risks.
What else contains the blog post?
Moving forward with the blog post, the features mentioned in it can be carried out using current resources, and in the end, coordinate Ether Wallet operability integrating future artificial intelligence interfaces, which the co-founder said remained in its early stages.
Vitalik Buterin further went on to say that, these are more absolute ideas based on technology that is exceptionally immature in current times, and so I would not put my assets today into a wallet that depends on them.
However, something similar to this seems to be pretty clearly the future, and so it is worth initiating to more actively explore in that direction.
