{"id":74892,"date":"2023-03-02T13:59:04","date_gmt":"2023-03-02T11:59:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74892"},"modified":"2025-09-10T02:19:17","modified_gmt":"2025-09-09T23:19:17","slug":"safe-developers-unveil-an-alternative-to-private-and-public-key-based-systems","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/safe-developers-unveil-an-alternative-to-private-and-public-key-based-systems\/","title":{"rendered":"Safe developers unveil an alternative to private- and public-key\u2013based systems"},"content":{"rendered":"<p>The Safe platform for managing digital assets <span data-descr=\"formerly known as Gnosis Safe\" class=\"old_tooltip\">Safe<\/span> released a software development kit (SDK) designed to improve the experience of interacting with crypto wallets.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Today, we launch a supercharged account abstraction experience!<\/p>\n<p>? Safe{Core} is here!<br \/>? With <a href=\"https:\/\/twitter.com\/stripe?ref_src=twsrc%5Etfw\">@stripe<\/a> ? <a href=\"https:\/\/twitter.com\/gelatonetwork?ref_src=twsrc%5Etfw\">@gelatonetwork<\/a> ? <a href=\"https:\/\/twitter.com\/Web3Auth?ref_src=twsrc%5Etfw\">@Web3Auth<\/a><br \/>? New Website: <a href=\"https:\/\/t.co\/332rDtKGiT\">https:\/\/t.co\/332rDtKGiT<\/a><br \/>? Read more: <a href=\"https:\/\/t.co\/iAFxeQ17oQ\">https:\/\/t.co\/iAFxeQ17oQ<\/a><\/p>\n<p>? \u2b07\ufe0f <a href=\"https:\/\/t.co\/wzY3pQYo1S\">pic.twitter.com\/wzY3pQYo1S<\/a><\/p>\n<p>\u2014 Safe (prev. Gnosis Safe) | takebackownership.eth (@safe) <a href=\"https:\/\/twitter.com\/safe\/status\/1630946737220141062?ref_src=twsrc%5Etfw\">March 1, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Development, called Safe Core, enables use of the <a href=\"https:\/\/forklog.com\/en\/news\/ethereum-team-implements-smart-account-functionality\">account abstraction<\/a> as an alternative to traditional crypto wallets with private and public keys.<\/p>\n<p>Account abstraction is a method of configuring a blockchain network in which users&#8217; assets are stored exclusively in smart contracts, rather than in external accounts (EOAs). With this approach, a crypto wallet becomes a programmable smart contract that can be tailored for different purposes. <\/p>\n<p>The tool was developed in partnership with payments giant Stripe, as well as providers of <a href=\"https:\/\/forklog.com\/en\/news\/what-is-web3\">Web3<\/a>-infrastructure Gelato and Web3Auth. The SDK is already available for use in more than 12 networks.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Account abstraction is the key to attracting millions of new users. It is designed to make using Web3 as easy as Web 2.0,&#8221; said Safe co-founder Richard Meissner.<\/p>\n<\/blockquote>\n<p>The spokesperson also noted that <a href=\"https:\/\/forklog.com\/en\/news\/report-aggregate-losses-by-users-and-investors-in-2022-exceeded-63-9-billion\">last year&#8217;s events in the industry<\/a> underscored the relevance of trust risks in third-party custody of assets. <\/p>\n<p>Earlier in September last year, Safe <a href=\"https:\/\/forklog.com\/en\/news\/safe-platform-carried-out-airdrop-of-governance-token-safe\">conducted an airdrop of the native SAFE token<\/a>. The distribution was timed to the network&#8217;s transition to a decentralized governance model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Safe platform for managing digital assets released a software development kit designed to improve the experience of interacting with crypto wallets.<\/p>\n","protected":false},"author":1,"featured_media":74893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1519],"class_list":["post-74892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stripe"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=74892"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74892\/revisions"}],"predecessor-version":[{"id":74894,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74892\/revisions\/74894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/74893"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=74892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=74892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=74892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}