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BlockWallet #86

Open Philip-BW opened 1 year ago

Philip-BW commented 1 year ago

Project Description

BlockWallet is the most private and secure non-custodial EVM wallet where users can store, send, receive crypto, and interact with their favourite dApps privately.

As crypto sees mainstream adoption, blockchain’s lack of privacy often translates to security risks. BlockWallet is here to ensure that on-chain privacy does not lag behind. The wallet provides a set of advanced privacy tools wrapped in a familiar and user-friendly wallet experience, eliminating friction and making privacy accessible for everyone.

On-chain privacy is an essential topic for our developers and users, and we are looking to add support for Secret Network. We also aim to reduce the friction Secret Network users experience when bridging between EVM networks and the Secret Network.

Problem / Solution

Problem 1: Users have to use two wallets to bridge between EVM networks (Ethereum, etc.) and Secret Network Solution: BlockWallet is originally an EVM wallet supporting all EVM networks. Currently, users have to use two wallets to bridge between EVM and Secret Network: EVM wallet (e.g.: BlockWallet, MetaMask, etc.) and Cosmos Wallet (e.g.: Kepler, etc.). We will develop a native integration for Secret Network so that users don't have to use two wallets and can bridge between the networks using a single wallet.

Problem 2: Users must go to a dApp to complete their bridges. This adds friction and introduces a risk of falling for phishing websites. Solution: BlockWallet team will add built-in support for the Secret Network bridge, which will be available inside the wallet to make bridging faster, safer, and more convenient.

Detailed product description

BlockWallet protects its' users and ensures privacy by default. When users make transactions or interact with blockchain apps, BlockWallet routes all node requests through Privacy Proxies, which mask the IP address and other metadata that can be used to identify and track on the blockchain. BlockWallet offers integrated Flash-Bot Protection, shielding users from sandwich attacks when trading on DEXes. Meanwhile, the Phishing Protection feature combats phishing scams by generating unique artwork on all sensitive pages.

BlockWallet is currently available as a Chrome extension wallet. The wallet offers many key features, such as:

Our existing extension provides users with a great set of privacy and security-preserving features while offering a clean UX/UI. With a grant, we will be able to allocate resources to provide the same level of experience for Secret Network users, remove unnecessary friction present today, and make the bridging faster, safer, and more convenient.

Go-to-Market plan

BlockWallet is known for its focus on privacy and security. As the crypto community continues to witness issues with popular wallet providers on the privacy side of things, we continue to gain a loyal user base. We have partnerships with many privacy-focused web3 projects, L1s and L2s. We are also a part of the Leading Privacy Alliance, founded in 2022 by BlockWallet, HOPR, and DUSK. We put a lot of effort into educating users about privacy and security and work with high-quality influencers to spread the word. These are the things that have allowed us to gain users so far and continue to prove to be effective levers for growth.

As far as Go-to-market for the Secret Network integration, we will:

Team members

Information about our team and their experience can be found on our website: https://blockwallet.io/about.html

Repos

Development Roadmap

The goal of this grant would be the complete integration of Secret Network into BlockWallet and the in-wallet integration of Secret Network Bridge. We have a user base of privacy and security-conscious users who will be exposed to Secret Network and its ecosystem.

We request $50,000 in SCRT (or USDC/USDT).

The network and bridge integration would take around 12-15 weeks from start to launch. While maintenance, ecosystem support, and potential future developments will be ongoing.

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