In the world of crypto, the safety of your funds is determined by the security of your secret key storage. People are always searching for trustworthy wallet solutions and thinking of how to store their private keys.
In this post we want to talk about one of the most efficient solutions to protect your account on the Stellar network — multisignature. If you heard about it, you know that enabling multisig significantly increases the security of your account and protects your wallet from in-person attacks as long as all secret keys are stored separately.
To make multisig setup easy and intuitive we’ve released LOBSTR Vault mobile app in March 2019 and nowadays Vault became a leading solution for multisignature protection. Vault app creates a locally stored signer key that provides an additional layer of protection for the main Stellar wallet and is used to confirm pending transactions on-device. Suited for pros and novices alike, LOBSTR Vault fully integrates with LOBSTR wallet and can be used to increase the security level of the Stellar account. …
Have you ever made a payment on Stellar?
If so, you know how fast it is. The ability to send money to anyone in the world without any third parties in less than 5 seconds is quite impressive.
Transactions fees are low and predictable. And transactions are always final and non-reversible. If you received a payment, you can be sure it won’t be rolled back. There’s no need to worry about miners, unstable block times or count a certain number of confirmations before accepting payments.
This helps Stellar provide a better user experience compared to other decentralized systems like Bitcoin or Ethereum. …
It’s been a busy few weeks for the LOBSTR team and we are excited to share what we have been working on.
The support of multiple languages was one of the most requested features by LOBSTR users for a while.
Today we are very happy to announce that LOBSTR mobile apps are translated into five different languages with the latest v4.6.5 …