Hello all,
I'm the Community Manager for Spatium, and I'm here to spread the word about our new software wallet, which is currently in Beta.
We do have a
White Paper for those who would like to know more, but there is also our first
Medium article for a quicker introduction.
In short, the Spatium wallet seeks to offer the convenience of a single software wallet for multiple currencies, with the security offered by hardware wallets. We do this by eliminating the need for a private key. Not like in centralized exchanges, where there is a private key which is in the hands of the exchange. Spatium does not hold a private key for your wallet. Instead, when a wallet is created with Spatium you must attach it to two or more devices (any device with an Android, iOS, Windows or UNIX operating system) with the Spatium wallet app. Your two or more devices create transactions in collaboration, such that none of the devices ever hold a complete private key, or enough information to create it. If your devices do not agree on a transaction (If one of your devices has been compromised, let's say), it fails to execute. Like a hardware wallet, this means that your funds are safe even if your computer becomes thoroughly compromised. Unlike a hardware wallet, you can access your wallet whenever and wherever you want, without sacrificing security. For an attacker to steal your funds, they must compromise
all of your devices simultaneously.
If you are interested in checking out the Beta version of the wallet, you can sign up through the link in our Medium article.
I'm happy to answer any questions you might have. My introduction to the project is brief, but if this sounds interesting to you I urge you to check out the Medium article. There are more to come in the next few days and weeks, which will go into greater detail about different aspects of the wallet's features and inner workings, as well as introducing the team. If you want more information before then, the white paper goes through everything we will be covering. In the Medium article you will also find a link to our Telegram channel, where you can talk to me or the team directly.
