ReserveBlock to Release its ‘RBX Reserve Accounts’ Feature to Enhance First-Time In-Wallet Recovery
Retrieved on:
Wednesday, June 21, 2023
This innovative in-wallet native account provides users with on-chain Recovery and Callback features, taking self-sovereignty and self-custody to unprecedented heights.
Key Points:
- This innovative in-wallet native account provides users with on-chain Recovery and Callback features, taking self-sovereignty and self-custody to unprecedented heights.
- This recovery is facilitated by entering their personally generated password and recovery code, allowing them to fully recover the assets to a new address known only to them.
- Moreover, this pioneering native feature facilitates on-chain escrow transactions between peers and activates protections against accidental transfers with a simple callback function.
- As both callback and recovery features are entirely on-chain, all peers maintain full awareness of their current state at all times.