The Obi Labs open beta continues to showcase the power of account abstraction. Try it:
What's next for Obi?
🔵 Easy-to-use SDKs for any L1, app or wallet to integrate our features
🔵 Cross-chain functionality for
#cosmos
,
#EVM
, and
#Bitcoin
Jumping through hoops to get assets into an exciting new ecosystem is painful.
Obi 'Fast Travel' makes it simple (and still non-custodial).
Stop wasting time researching, swapping, bridging and worrying about gas fees... and just get the thing you want!
But how?
Internet encryption gave us private emails ➡️ but also e-commerce, banking, easy logins, cloud storage, social privacy & more.
Smart contract encryption goes beyond private transfers ➡️ to making Web3 experiences even easier & safer than Web2’s.
$OBI is delighted to license
We’re excited to announce a partnership that will bring
@Obi_Money_
, a new all-chain account abstraction network powered by Secret Network, to the Confidential Computing Constellation!
🧵(1/x)
🔵Obi is proud to have helped
@ZTXofficial
launch 200k accounts on
@arbitrum
in under 24 hours! 🎉
Our smart account stack made the process fast, easy to scale, and seamless for users 🪄👛
Hell yeah - We took home 1st place in the
@delphi_labs
hackathon 🥇
Our submission is one of the first iterations of "Smart Accounts" - a new paradigm for Web3 user accounts
@osmosiszone
+ seedless onboarding + account abstraction rules without third party apps/extensions
🔵
1/ We recently teamed up with
@osmosiszone
,
@Injective_
and
@Neutron_org
to host the Delphi Labs Cosmos Hackathon.
With 250+ participants and 60 submissions, we are thrilled to announce the top 3 winners from each ecosystem 🧵👇
Obi early betas are coming to apps on EVM (
#Ethereum
),
#Cosmos
SDK chains and
#Bitcoin
⚡️ <1 min non-custodial onboarding
🚯 no gas problems
⚔️ hack resistance
🛟 account recovery
🕹️ bridgeless multichain
…in a few lines of code, with no wallet app install needed. How? 🧵👇
Oh and there's more...
Users can search any URL and connect with their favorite
@terra_money
applications using
@WalletConnect
Favorite the URL to pin it to your 'Apps' screen
Join Obi Labs:
$LUNA
🎉 EARLY ACCESS 🎉
We'd like to chat about early access to our end-user smart account wallets.
Think Gnosis SAFE but for cosmos:
- Multiple owner accounts
- Seedless
- EVM compatible
- DAOs / treasury mgmt
Something you would use? Shoot us a DM or respond here.
🆕 NEWS 🆕
To consolidate our infrastructure efforts with our products, we've rebranded the Terra Bites, Bites Digital and Chemical Bros validators.
🔵Obi validators are now online for $LUNA, $LUNC, $SCRT, $OSMO and $JUNO (Not Active Set).
Excited to announce Obi has received a strategic investment from ZTX🤝
@ZTXofficial
is backed by Jump
#Crypto
and ZEPETO – Asia’s largest avatar social network at over 400M lifetime users.
Our goal of partnering with ZTX? To revolutionize the ease & safety of web3 gaming UX
👇
🔵 OBI UPDATE 🔵
The Obi Labs beta now allows users to create permission accounts for:
• Asset Inheritance
• Spend Limits
• Session Keys
...all made possible with account abstraction.
Try it here:
🔵 Obi SDKs provide apps with building blocks for Account Abstraction modules that revolutionize Web3 UX, making crypto as easy as centralized websites...
...coming soon to a handful of applications you love.
I know we expect everything for free in crypto but I would pay thousands a month for access to an all in one cross-chain (Sol, IBC, Erc20, Bitcoin, Cw404, Near, Mantle, Avax) privacy enabled wallet solution.
I have a mentally ill amount of wallets. Stresses me the fuck out
are we for real folks? I test out bridge app and I cannot find coinbase wallet and when i click more I see a thousand wallets?
are you kidding me? it's 2024 cmon.
who's fixing this?
Come see us at Frictionless at
#EthDenver
tonight!
Encryption on blockchain enables more than just private transfers.
For example, Obi uses it for all-chain accounts and non-custodial Fast Travel.
A world of new use cases require encrypted information and computation.
#FHE
🤝
In less than 24 hours, over 200k new
#Web3
users onboarded 💪
Multichain ready. NFTs minted on a major L2. Two clicks. No installs.
More details later this week 👀
Our own
@_rustopian
will be chatting about account abstraction and smart contract accounts on Polygon!
When: August 22nd at 7pm
Where: 26 Broadway, NYC
More details:
$matic
11/ We’re doing a Spaces next Friday, June 23 to hit the latest developments.
#AccountAbstraction
, seedless onboarding, extensionless UX, bridgeless multichain accounts,
#intents
, virtual escrow… maybe even one of
@Panterra0x
’s famous degen diatribes.
🆕 Obi is Live 🆕
Join the test group:
We're launching additional key types, wallet connect, and Google Play version THIS WEEK + opening discussions about the 🔵 Obi token (!?)
We're taking a fresh approach not only to UX, but also tokenomics
We're excited to launch Fast Travel beginning with our friends at
@Neutron_org
.
Check out for the fastest way to get yourself some $NTRN.
Share the link with any weary travelers still struggling to migrate assets the old fashion way.
But wait...
@ZeMariaMacedo
Hit us up to try out some of the new paradigms. Here are a couple:
- seedless, appless, recoverable multikey
- session keys
- token/action allowances & rules where accounts, not app contracts, control enforcement
- trustless final recovery (eg. inheritance)
- crosschain signing
Obi's Head of Technology,
@_rustopian
recently spoke at
@CarnegieMellon
about account abstraction:
- Externally Owned Accounts (EOA) vs Smart Contact Accounts (CA)
- History & Future of AA
- ERC 4337
- Crosschain Signing
(link in comments)
We're soon launching routes to complex LPs, high-yield vaults, whacky meme coins and even NFTs.
Who fits the bill in the Neutron ecosystem for these things? ⭐️👀🦎🌙🏹🤔
Stay tuned as we push more integrations.
Safe travels 🔵
@ZeMariaMacedo
IMO custodial is also a feature many want, not everyone wants to be one leak or fire away from losing everything. If we can solve custodial without one entity owning everything, that's a big market too.
At Obi, safety means no single points of failure
Multiple different kinds of keys
📲💬📍👥 ♆ 📧☁️🔐
Redundancy for all nodes & services
Multiple recovery paths, even if Obi is compromised
And in case of the worst failure… multiple people you love as beneficiaries
#ObiMoney
Fast Travel gives you the assets you want in two clicks:
🖱️click to create an all-chains smart account
🖱️click to deposit ETH from anywhere
Gateway to the cosmos anyone?
"Not Your Keys", the adage that has proven true time-and-time again, is once again being muttered across the internet in the wake of the
#FTX
fiasco.
With hope that our retail friends somehow recover their assets we must remind ourselves why self-custody is so important.
We're excited to announce that we've begun testing NFC keys.
Users in The Obi Labs Beta Group can use a credit card as a key in their mobile application.
We will to expand this to passports, Yubikeys, and other NFC devices soon.
Try it out:
#web3
The 15 Steps I Had To Take To Sell My $DYM Airdrop, a.k.a. "We Are Still So Early," a.k.a. "Devs Please Fix"
1. Visit Dymension Portal
2. Doesn't support Coinbase Wallet, so install Metamask
3. Add Dymension RPC information
4. Try to connect Metamask; get "Metamask not
🆕 Thanks
@Casa_Intern
🆕
As part of our plan to expand throughout cosmos, we've recently spun up a new Obi Validator on
@CantoPublic
$Canto.
We will keep commission set to the 5.0% minimum for our stakers.
Thanks to all our day 1 testers! We’re currently having some issues with gas on Ethereum. Once we resolve the issues, any stuck fast travel tunnels will complete.
🔎 DEVELOPER WANTED
Obi is looking for an amazing TypeScript developer with security/SES/hardened JavaScript experience.
Familiarity with web3 tech a plus...
Slide into our DMs if this sounds like you 🔵
Thank you for being part of our journey! Let's continue to work together to unlock the full potential of web3.
With
@ZTXofficial
& 🔵Obi SDK, the future of web3 user experience looks bright!
#BuiltDifferent
What is Account Abstraction?
One way to think about account abstraction is that it allows a user account to set primary “rules” of a transaction whereas legacy accounts are forced to play by the rules of the contract they're interacting with.
9/ We’re honored & pumped to receive 1st prize for
@osmosiszone
@Delphi_Digital
hackathon, delivering pilots that promise best-in-class UX.
But we’re not quite there yet.
10/
#ObiMoney
still needs feature & security work.
When it comes to user accounts, audits aren’t enough; we also need failsafes, just in case.
We have firewall contracts, SES, global security rules, attack notifications & more in progress, to protect even from unknown exploits.
+more possibilities being researched, always with ease of UX in mind.
Of course, various wallets and environments might have different defaults tailored to their needs.
Obi technology delivers:
⚡️ fast & easy web3 onboarding and use
🔌 plug-and-play compatibility with webapps,
@unity
, and all layer 2s
🔵 next-gen
#AccountAbstraction
features
ZTX smart accounts will redefine what’s possible for the web3 gaming user experience.
2/ Your Obi Multikey generates (or stores encrypted) key shares based on things that you already have, know, and are.
No seed phrases to save or lose.
Effortlessly recover from any device or application.
@nichanank
@gridplus
@CypherockWallet
@coinbase
1) Yes. Although we have implemented full wallet front-ends and plan on pushing a standalone for
@cosmos
2) All of cosmos for now, but eventually EVM, and even Bitcoin coming in 2023
regarding your last question...
With Session Keys user signs once & doesn't have to sign again for set period of time/until they "log out"
If using auto trading/third parties u can WL or BL parameters to increase risk management & security
- trade x asset only
- SL must be set to x% loss
- DCA automated, etc.
@Obi_Money_
Im thinking one signature required for trades/deposits but multi-sig required for withdrawals / changing permissions
Thoughts ? Any additional stuff I’m not seeing that could help prevent other forms of attacks ?
Obi early betas are coming to apps on EVM (
#Ethereum
),
#Cosmos
SDK chains and
#Bitcoin
⚡️ <1 min non-custodial onboarding
🚯 no gas problems
⚔️ hack resistance
🛟 account recovery
🕹️ bridgeless multichain
…in a few lines of code, with no wallet app install needed. How? 🧵👇
If you've already delegated to Terra Bites, Bites Digital Group or Chemical Bros on one of these chains, you DO NOT need to re-delegate.
Your continued support and delegations help us expand our offerings across cosmos. Thank You!
4/ Despite this security, Obi is maximally convenient.
Easy non-custodial budgets and session keys give users a one-tap experience.
Sign once to “log in”, then use the app until you hit your expiration time or spend limit, or until you log out.
8/ Obi can be easily integrated into websites and applications.
Users don’t need to install an app or extension to use Obi – although they can if they wish.
Obi accounts can also interact across chains, thanks to Obi Passport. Multichain accounts, with no bridges or custodian.
5/ Fat finger a transaction?
Attacker attempting to drain your assets?
You’ll be asked to sign with Multikey again, since your session key doesn’t have the ability to break its own rules. Constraints keep YOU in control.
This can immediately alert you that something is phishy.
7/ Final Recovery lets account control automatically pass on after a dormancy period you set, and with any terms you set, such as a drip schedule or multiple recipients.
Non custodial inheritance, with confidence that your funds can only be passed on on your terms.
NFT onboarding for newcomers is pretty terrible. The process of even getting fresh crypto from Coinbase transferred into a Coinbase Wallet to mint took my father 11 days.
In his words: “I know banks suck…but this sucks worse!”
(He used a boomer ellipsis so you know it’s real)
@0xcykira
Yes, 3rd party service, but doesn’t store keys. We’re working on a few features here:
•multiple services to reduce trust
•services operated by network of nodes, not a single party
•additional defenses against malicious activity if compromised
•Telegram & WhatsApp alternatives
Social recovery keys are great. And vulnerable to coercion, collusion, social engineering and more.
That’s why with
#ObiMoney
they’re just a piece of the whole, and never enough to take control of an account.
3/ Your devices, your cloud accounts,
#ZK
email & phone number, NFC, voice auth… anything you choose can be a part of your Multikey.
Each key type is different by design, so an attacker is highly unlikely to get more than 1 (never mind more than 2).