Authereum

On Saturday, October 3rd, 2020, we detected a scripted attempt to log into a number of Authereum accounts. No user funds were lost or moved during the incident and the Authereum contracts and peripheral systems are and have been behaving as expected. …

Decentralized finance, or “DeFi”, has grown to become the undeniably dominant use case for Ethereum today. With funds locked in DeFi protocols exceeding $1 billion earlier this year, we are witnessing the start of an entirely new financial system being built from the bottom up. New DeFi protocols seem to…

Use the eth-revert-reason NPM package to easily derive the reason for an Ethereum transaction failure — Failed Ethereum transactions sometimes include a reason for the transaction reversion. Retrieving these reasons is harder than it should be, especially given how useful these messages are. Inconsistencies between Geth and Parity, Infura and Alchemy, and even ethers.js and web3.js add to this complexity.

How we got here Since we started Authereum, we’ve been focused on lowering the barriers to entry for Ethereum and making an experience that is simple and familiar for mainstream users. One of the largest barriers that new Ethereum users face is acquiring crypto to pay for transaction fees. It often involves signing up…

Erasure Bay is a new decentralized data marketplace where you can request any information from anyone in the world. The concept works because sellers of information are required to have skin in the game to demonstrate that they believe in the quality of their information. If you want to get…

Eight months ago, we set out to transform the web3 experience and get Ethereum applications in the hands of everyday users. Today, we’ve taken a major step towards making that goal a reality. We’re incredibly excited to announce that Authereum is now live on the public Ethereum network and is…

by Chris Whinfrey, Shane Fontaine, and Miguel Mota — We’re proud to announce that, by default, DAI will be the primary asset for Authereum users. This means you can onboard directly to DAI through our Wyre integration and pay transaction fees in DAI without ever needing ETH. All of this is 100% configurable so users can choose a different…

Improving Speed and Efficiency on Ethereum — Wallets on Ethereum are evolving from simple externally owned accounts (EOAs) to contract-based accounts because of the advantages and features that these types of accounts enable. One such feature that is only available for contract-based accounts (CBA) is batched transactions. …

Authereum uses different concepts around keys when referring to contract-based accounts: admin keys, dapp keys, and recovery keys. To better understand the concepts, let’s first start with some context. Background Contract-based accounts are managed by a set of keys and the signatures of these keys are checked onchain to determine if…