Crypto key management platform, Torus now allows users to send cryptocurrencies through social media platforms such as Twitter, GitHub. Tuesday, January 26, 2021. Torus has launched its non-custodial key management solution, which is designed to bring web2.0-like user experiences to web3 applications. However, as with other Ethereum-based wallets and applications, the gas cost is an issue here. People may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be lost, forgotten or divulged at any cost. KyberSwap today announced today its collaboration with Torus to offer an intuitive one-click wallet creation and management process using social media logins. People may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the And now, the company has released a … Torus Blockchain Wallet Launches Google Chrome Extension – CoinDesk. People may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be lost, forgotten or divulged at any cost. Just in time for the holidays, private key management firm Torus announced on Reddit today they will send Ethereum (ETH) to any Reddit username or google email account. Torus is a web-based Ethereum wallet that makes interacting with crypto and dApps on the Ethereum blockchain as easy as logging in to your email. Torus Blockchain Wallet Launches Google Chrome Extension 3 months ago [ad_1] People may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be lost, forgotten or divulged at any cost. According to a post on the r/ethereum community reddit thread, a TorusLabs member said: “We hope […] With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter or GitHub account, even if that account has never used Torus’ crypto wallet, the firm says. According to a post on the r/ethereum community reddit thread, a TorusLabs member said: “We hope to be an alternative for Web2.0 mainstream audiences.” Bringing Users onto Decentralized Send, receive & exchange cryptocurrency with ease on the world's leading Desktop, Mobile and Hardware crypto wallets. Crypto key management firm – Torus – has reportedly made its non-custodial key management tool DirectAuth available – promoting enhanced log-in process for web3 applications.. Exodus . “Setting up crypto wallets is frequently a challenge for users who are new to the blockchain space. According to the Torus website, the management of user keys is encoded into a smart contract layer, while the bulk of transactions are conducted via private channels off-chain. Specifically, DirectAuth was reportedly built upon the foundation of the Torus Wallet, which supports one-click logins for decentralized applications (DApps). “We’re super-excited that Binance actually co-developed tKey with us, and it’s going to be an open-source SDK,” said Zhen. Meet Torus, the One-Click Blockchain Wallet Trying to Make Web3 as Easy as Chrome People may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be lost, forgotten or divulged at any cost. The UI is simple and user-friendly. If you are a newbie to Crypto we would highly recommend using Torus as your preferred crypto wallet. by admin 31/08/2020. Torus Launches Key Management System to Streamline DeFi May 28, 2020 Cointelegraph By Samuel Haign defi , DirectAuth , technology , Torus , Torus wallet , … Notably, users can send crypto to friends who do not yet have a crypto wallet. Send, receive & exchange cryptocurrency with ease on the world's leading Desktop, Mobile and Hardware crypto wallets. Torus Blockchain Wallet Launches Google Chrome Extension. written by admin 31/08/2020. You can use any social login, email or phone number to create and access the Torus wallet. Back in July, Torus secured … Check out Torus Wallet for Ethereum and Kukai Wallet for Tezos. Torus has always had a close relationship with Binance, which invested $500,000 in the seed round, and the largest exchange by volume is now playing a central role in the new Torus product releases. Torus wallet has a new one-click Chrome browser extension known as the key, which is a customized two-factor authentication. Exodus is a secure user-friendly crypto wallet and exchange where you can store, manage and trade all of your blockchain assets in one place. With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter or GitHub account, even if that account has never used Torus’ crypto wallet, the firm said. Torus allows you to use social identities (e.g. Exodus is a secure user-friendly crypto wallet and exchange where you can store, manage and trade all of your blockchain assets in one place. Torus makes it so systems do not have to change anything on their end and still be able to generate crypto wallets and use them within the Torus network. KyberSwap is glad to further optimise the onboarding experience for new crypto traders with our Torus integration. With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter or GitHub account, even if that account has never used Torus’ crypto wallet, the firm said. Torus Labs provides digital wallets for decentralized applications, which take a lot of confusion out of the equation. Cart / $ 0.00 No products in the cart. Business, , If you are developing with the Torus Wallet in a local environment/with ganache, https is necessary to interact with app.tor.us. your Google account) to generate private keys, making it dead easy for new users to access dapps. Generating a seed phrase and keeping it safe usually makes newcomers anxious. Developers can either access this through presenting the "Topup" page below, or trigger the fiat-to-crypto providers directly from the API. Cons of Using Torus. Torus, a decentralized and distributed private key management solution had announced on Monday that users can send cryptocurrency through social media platforms such as Twitter and Github.. With the latest Torus update to V1.7.2, users can send cryptocurrency to any twitter or Github accounts, they can do this even if they haven’t logged into the Torus wallet app before. With Torus, users can follow a familiar account registration path and enjoy simple account recovery“. A Singaporean crypto key management platform Torus has enabled social media users to send crypto to each other in its latest update. In general, the Torus wallet integration only works in a secure browser environment, as it needs access to browser APIs like window.open and window.crypto. 3. With Torus users can logging into or recover their Ethereum wallet with their Google, Facebook, Reddit, Discord, accounts. Control Your Wealth: Secure, Manage, and Exchange your blockchain assets in one wallet. A TorusLabs community member answered, “Torus is a non-custodial wallet and that the keys are generated in a distributed manner via distributed key generation. The Kyber Network is also looking at the different layer 2 protocols to make the platform more efficient and affordable. Purchasing Cryptocurrency Torus has a range of providers to allow your users to purchase cryptocurrencies directly with credit card/wire transfer. People may like the idea of blockchains and web 3.0, but they tend to hit an immediate obstacle in the form of private cryptographic keys and mnemonic seed phrases that cannot be lost, forgotten or divulged at any cost. User-Friendly Wallet Management Comes to Kyber KyberSwap, a fast and secure non-custodial crypto exchange powered by Kyber Network, has integrated with Torus to allow users to seamlessly create a wallet directly through KyberSwap’s … 6. We are thrilled to join @EtherealSummit as their Official Wallet Sponsor. KyberSwap wallet is quite a fast and secure wallet powered by the Kyber protocol. Check out the steps here to get started.. Control Your Wealth: Secure, Manage, and Exchange your blockchain assets in one wallet. Any Twitter or GitHub user can now receive coins and tokens even if that account has never used Torus’ crypto wallet before, the firm said. Swapping between networks will also automatically be done. Torus publicly sends ETH to Buterin, Musk, and CZ on Twitter. The advantage of Torus is that users are able to send their NFTs to any Ethereum address, Google email account, Reddit username, and Discord IDs, regardless of whether the recipient has registered for a Torus wallet. Torus has been selected as the official wallet partner of the upcoming Ethereal Summit 2020. Humayun Sheik, Founder and CEO Expressing the delight on this association, the official Twitter handle of the Torus wallet tweeted this news to the crypto universe. Private key management specialist Torus replaces that jarring user experience with what appears to be a […] UPDATE: $3200 Torus Wallet Creation Campaign extended to 10th April! Torus wallet is new in the cryptocurrency world, and it would take some time to establish confidence among users. Torus Encourages Users To Test Their Wallet By Sending Ethereum Via Reddit Just in time for the holidays, private key management firm Torus announced on Reddit today they will send Ethereum (ETH) to any Reddit username or google email account. So, instead of having to download a chrome extension like Metamask, which handles key management and interaction with dapps, a digital identity account can be used to login, and immediately start using the dapp.