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View All Medium Spender
Requested:606.38K USDC
Executed

Next-Gen Smart Account Features – powered by Polkadot

inMedium Spender
8 months ago
BeneficiaryBeneficiary:

(606.38K USDC)

Alternatives_UX_Security_Slide.png


Interstellar | 9 Milestones → [⟬ BREAKDOWN ⟭]

Requested Allocation: 606,380 USDC - Distributed per Milestone via Multisig

3/5 Multisig - Alain Brenzikofer (Polkadot Fellowship & Integritee CTO) | Bryan Chen (Polkadot Fellowship & Acala CTO) | Jonathan Dunne (Talisman CTO) | Trang Ha Nguyen (SubWallet Research Lead) | Eliot Leleu (Interstellar Co-Founder)

AAG Intro → [⟬ WATCH ⟭]
Teaser Deck → [⟬ VIEW ⟭]
Forum Post → [⟬ READ ⟭]
Tech Links → [⟬ EXPLORE ⟭]

Early Access Partners include:

  • Acala
  • Apillon
  • Braille
  • Hydration
  • SubWallet
  • Xcavate
  • …

Short Description: For multiple years now, other ecosystems and platforms have been at the forefront of newcomer onboarding by allowing for Web2-like onboarding experiences. These concepts are mostly known as “Account Abstraction/Smart Accounts” today and have an immense potential for the adoption of Web3 services. Why? Because they make Web3 accessible — fundamentally enabling any non-blockchain-savvy person to participate and access this new world without the need to use seed phrases or know about private keys.

→ Some examples: Magic | Web3Auth | Argent

→ Other Smart Account Stats: Safe


While the Polkadot Cloud offers:

  • Cloud Execution Services
  • Settlement / Finality Services
  • Data Availability Services
  • Object Storage Services
  • Polkadot Rollup Services

and the Polkadot Hub provides native features such as:

  • Smart Contracts
  • Staking
  • Governance
  • Treasury
  • Stablecoins
  • Token Registry

Smart Accounts are nowhere to be found. But maybe for a good reason:

Today’s smart accounts represent an immense security risk for any newcomer. Why? Because they rely on centralized architectures, centralized custody companies and centralized authentication services like your email/password provider, your social account, your Google/Apple passkeys, or SMS verifications.


Interstellar aims to change that through a deep tech breakthrough and new common good smart account framework powered by Polkadot.

→ No seed phrases. No emails. No passwords. No passkeys. Mobile-first. Instant onboarding. World-leading security. Decentralized authentications. One-tap backups. Drainer protection. Sybil-resistance. Gas abstraction. Spending limits. And more features that are:


  • Resilient
  • Accessible
  • User Friendly
  • Non-Custodial
  • Decentralized
  • Scalable
  • Affordable

Costs_Comparison_Slide.png


We think that Polkadot’s vision shouldn’t be limited to catching up with centralized smart wallet features, offered by other ecosystems. Instead, we should focus on innovating and providing an improved alternative for Polkadot services and beyond. Unlocking the next generation of smart accounts - powered by Polkadot.

Comments (8)

8 months ago

It seems to be a really bad idea to bring shady projects and known liars like Acala on board.

8 months ago

I think could be a great project but should be integrated with the wallets in the ecosystem. Before vote we should confirm if the projects in the ecosystem would use this feature.

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Proposal Passed

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Aye (47)0.0 DOT

Support0.0 DOT

Nay (39)0.0 DOT

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