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Adding token protocols and flexible minting features to wallets opens a new world of programmable mertech and other real world use cases. While certainly prone to abuse, the real world utility spans from ticketing to licensing and many more.
Non-custodial wallets rely on the user to store their mnemonics. While often overseen, that step is essential to maintain your user funds long term since systems are programmed defensively to rather loose funds access then to loose user funds.
Relysia is one of the first full blockchain architectures in the space that can be used without crypto assets. We think it is a first transformational step in the blockchain industry towards a blockchain as a service real world adoption paradigm.
In the blockchain space there is the well known tradeoff between custodial security and utility. While traditional non-custodial wallets were rather classic key holders, modern non-custodial wallets can offer a variety of services while still keeping the user in control.
There are over 2500 blockchain protocols and tokens listed on Coinmarketcap. While that is at first sight a great variety of options to pick, less than a handful have the economic properties to be used as infrastructure backbones.
What is the so called "satoshi vision"? Its a vision towards a self sustainable incentive system that scales to a global transaction system. Let us explore some details why it might work.