Arism Wallet is a hybrid-custodial wallet and distributed key management protocol. This decentralized wallet application uses advanced cryptographic algorithms to ensure the security and integrity of user's private keys.
Key features include:
Friendliness: One-click login via third-party platforms. No need to remember seed phases or private keys.
Loss Prevention: Easy recovery with Multi-Factor Authentication (MFA). No longer worry about losing access to accounts by mistakes.
Security: Protected by a distributed network of nodes. Keep your accounts safe from any attack attempts.
Feature Variety [^1]: Account Abstraction and Decentralized Identifier support. Manage and represent multiple accounts/assets by a single identity.
[^1]: Features are planned to be implemented in the next phase.
Target audience
Node providers
We launch a Fungible Token called Arism Token (ARM) which is used for staking, rewarding and fining in operating Arism Nodes. There are two types of nodes in the Arism Network:
Validation Network (Mainnet): The main network that executes algorithms to verify third-party accounts and conduct "Network Key" for users.
Relay Network (Subnet): The relay network that provides promoted Relay Nodes when there is a dead, malicious or expired Validation Node in Mainnet.
Node providers can stake their ARM tokens to become a Node Provider and earn rewards by taking part in verifying user's accounts. When a node provider registers a node, they will be required to stake a certain amount of ARM tokens to join the Subnet. The more ARM tokens staked, the higher the chance of being promoted to the Mainnet.
Users
Users can create an identity by using their third-party platform accounts (e.g. Google) and link them to their Arism Wallet. There are 3 factors to verify a user's identity:
Network Factor: Responsible by the Arism Network.
Device Factor: Responsible by the user's devices (e.g. phone, computer, etc.).
Recovery Factor: Responsible by the user's recovery information (e.g. password, fingerprint, etc.).
Users can sign in to the Arism Wallet by providing 2/3 factors. A user can also create multiple keys associated with their identity which is responsible by Arism Metadata.
Developers
Developers can integrate the Arism SDK into their applications to allow users to sign transactions by their Arism Wallet. The Arism Application allows users to choose which key to sign the transaction with.
We also provide special APIs to allow developers to interact with the Arism Network.
Context
Our motivation for building the Arism Wallet comes from the following problems:
Most current wallets are saved entirely on local storage (non-custody) or entirely on service providers (custody). Arism Wallet is a hybrid-custody wallet that take advantages of both custodial and non-custodial models.
There are also some hybrid-custodial wallets but they still rely heavily on a single party whereas Arism Protocol lets the user's wallet to be held by a community instead, but its safety is still protected from any attack and hack attempts through cryptographic algorithms and MFA mechanism.
Storing and signing transactions right on the web application will eliminate the gap between mobile and desktop, something that wallet extensions suffer from.
Our vision is to create a wallet with complete and native support on TON Blockchain, then consider to expand towards Cosmos ecosystem and other chains.
Key Features
Telegram Wallet
Tonkeeper Wallet
Arism Wallet
Platform
Telegram
Browser extension
Web application
Authentication
Telegram authentication
Client
OAuth and client
Key storage
Server
User
DAO and user
Model
Custodial
Non-custodial
Hybrid-custodial
Supported chains
TON
TON
Multi-chain
Reason for interest
The Arism Contract enables a transparent and secure way to manage anonymous node providers powered by voting schemes.
Therefore, high transaction speed and low gas fees are the prerequisites that we aim for.
Besides, we are also looking for a friendly chain that well-supports assets (e.g. Fungible Token, Non-Fungible Token, etc.). It will not only highlight the Arism Wallet's features but also provide a good basis for the Arism Protocol to grow.
References
Web3Auth is a forerunner of the Arism Wallet which as a total raised of 15.5 million USD over 4 funding rounds. To date, it's supporting thousands of Web3 projects with more than 12 million monthly users.
Key Features
Web3Auth
Arism Wallet
Node providers
9 fixed node providers from reputable parties: Binance, Ethereum, Name Service, Etherscan, Matic/Polygon, Zilliqa, Tendermint, Ontology, SKALE and Torus.
5 node providers on Mainnet and unlimited node providers on Subnet which are totally anonymous.
Stake
No staking mechanism.
Earn rewards by staking ARM tokens.
SDK integration
Available with 4 plans: Base, Growth, Scale and Enterprise. Fees are charged around 399 USD per month.
Free to integrate.
Assets management support
No support for assets.
Support fully assets and chain's services.
Token launch
No token launched.
ARM token.
Protocol vulnerability
Unavailable if Torus Network is down or user lose access to connected OAuth account.
Network Factor can be replaced by others (Device Factor and Recovery Factor).
Support
EVM-based only.
Any chain.
Smart contract
Centrally controlled by Torus admin (contract owner).
Decisions are casted by node providers through voting schemes as a DAO.
Estimate suggested reward
Costs per FTE: 25 USD per hour
Working hours per FTE: 40 hours per week
Number of Milestones: 6
Milestone
Description
Estimated Duration
Manpower
Hours
Costs
Percentage
1
Implement core algorithms
1 month
3 people
320 hours
8,000 USD
16.67%
2
Draft interface
1 month 2 weeks
3 people
480 hours
12,000 USD
25%
3
Deepen interface
1 month
3 people
320 hours
8,000 USD
16.67%
4
Overall optimization and audit
1 month
3 people + Audit Team
320 hours
8,000 USD[^2]
16.67%
5
Documentation and whitepaper
2 weeks
3 people
160 hours
4,000 USD
8.33%
6
Test phase and air drop
1 month
3 people
320 hours
8,000 USD
16.67%
Total
6 months
3 people + Audit Team
1,920 hours
48,000 USD
100%
[^2]: Extra costs might be charged for the audit team.
Current status
Milestone
Percentage
Notes
1
10%
We have implemented 1/5 of the core algorithms. Not integrated with the Arism Network yet.
2
10%
We have drafted the interface for the Arism Application for demo purposes. Not integrate with the chain yet.
3
0%
We have not started deepening the interface yet.
4
0%
We have not started overall optimization and audit yet.
5
20%
We have built a documentation site and written a brief technical insights.
6
0%
We have not started test phase and air drop yet.
Milestone 1 — Implement core algorithms
ID
Scope
Specification
Risk
1
Contract
Implement management, staking, rewarding and voting
Low
2
Node
Integrate smart contract and implement DSS, ISS
Medium
3
Application
Implement base UI and SSS
Low
4
Metadata
Implement base metadata storage
Low
Milestone 2 - Draft interface
ID
Scope
Specification
Risk
1
Contract
Implement token distribution and complete the DAO
Low
2
Node
Implement RSS, PSS and VSS
Medium
3
Application
Integrate Node, Metadata and blockchain
Low
4
SDK
Implement base SDK
Medium
5
Metadata
Complete metadata storage
Low
Milestone 3 - Deepen interface
ID
Scope
Specification
Risk
1
Node
Complete algorithms
Medium
2
SDK
Complete SDK
Medium
3
Application
Complete UI, integrate blockchain and services
Low
Milestone 4 - Overall optimization and audit
ID
Scope
Specification
Risk
1
Node
Audit algorithms
Medium
2
Contract
Audit smart contract
Medium
3
SDK
Optimize SDK
Medium
4
Application
Optimize blockchain and services
Low
5
Metadata
Optimize metadata storage
Low
Milestone 5 - Documentation and whitepaper
ID
Scope
Specification
Risk
1
Docs
Write technical insights
Low
2
Docs
Write whitepaper
Low
3
Docs
Write guides
Low
4
Docs
Complete documentation site
Medium
Milestone 6 - Test phase and air drop
ID
Scope
Specification
Risk
1
Node
Deploy test nodes
Low
2
Contract
Deploy test contract
Low
3
Application
Deploy application
Low
4
Metadata
Deploy metadata
Low
5
Protocol
Launch air drop (ARM tokens or NFTs)
Low
Team members
Name
Role
GitHub
Contact
Nhi Tran
Team Leader, Business Development Executor, Smart Contract Engineer
Integrate Decentralized Identifier (DID) and Verifiable Credential (VC) into the protocol.
Integrate Account Abstraction (AA) into the protocol.
Integrate Swap, Lending, Staking, Aggregator, etc. into the protocol.
Integrate Multisig into the protocol.
Develop a mobile application for iOS and Android which manages and takes part in authenticating user's accounts.
Implement Authorization Credential for SDK and in-app environment for Application to support executing custom scripts (any script like gathering user's tokens, doing airdrop tasks, etc.).
Summary
Arism Wallet is a hybrid-custodial wallet and distributed key management protocol. This decentralized wallet application uses advanced cryptographic algorithms to ensure the security and integrity of user's private keys.
Key features include:
[^1]: Features are planned to be implemented in the next phase.
Target audience
Node providers
We launch a Fungible Token called Arism Token (ARM) which is used for staking, rewarding and fining in operating Arism Nodes. There are two types of nodes in the Arism Network:
Node providers can stake their ARM tokens to become a Node Provider and earn rewards by taking part in verifying user's accounts. When a node provider registers a node, they will be required to stake a certain amount of ARM tokens to join the Subnet. The more ARM tokens staked, the higher the chance of being promoted to the Mainnet.
Users
Users can create an identity by using their third-party platform accounts (e.g. Google) and link them to their Arism Wallet. There are 3 factors to verify a user's identity:
Users can sign in to the Arism Wallet by providing 2/3 factors. A user can also create multiple keys associated with their identity which is responsible by Arism Metadata.
Developers
Developers can integrate the Arism SDK into their applications to allow users to sign transactions by their Arism Wallet. The Arism Application allows users to choose which key to sign the transaction with.
We also provide special APIs to allow developers to interact with the Arism Network.
Context
Our motivation for building the Arism Wallet comes from the following problems:
Our vision is to create a wallet with complete and native support on TON Blockchain, then consider to expand towards Cosmos ecosystem and other chains.
Reason for interest
The Arism Contract enables a transparent and secure way to manage anonymous node providers powered by voting schemes.
Therefore, high transaction speed and low gas fees are the prerequisites that we aim for.
Besides, we are also looking for a friendly chain that well-supports assets (e.g. Fungible Token, Non-Fungible Token, etc.). It will not only highlight the Arism Wallet's features but also provide a good basis for the Arism Protocol to grow.
References
Web3Auth is a forerunner of the Arism Wallet which as a total raised of 15.5 million USD over 4 funding rounds. To date, it's supporting thousands of Web3 projects with more than 12 million monthly users.
Estimate suggested reward
[^2]: Extra costs might be charged for the audit team.
Current status
Milestone 1 — Implement core algorithms
Milestone 2 - Draft interface
Milestone 3 - Deepen interface
Milestone 4 - Overall optimization and audit
Milestone 5 - Documentation and whitepaper
Milestone 6 - Test phase and air drop
Team members
Repositories
Future Plans
Additional Information
Contact us via email: snowyfield1906@gmail.com for more information.