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cygaar|Jan 26, 2025 00:09
Users should treat this first version of Abstract Global Wallet as a super-charged EOA ("hot wallet").
It's fast and easily accessible like EOAs which makes it great for frequent, lower-value transactions (small swaps, gaming, social, etc).
However, I wouldn't view this current version of AGW in the same lens as a multi-sig or cold wallet. Those wallets have security properties that AGW does not yet have and thus are more suited for storing large amounts of value.
We will have several security features in place on Day 1 to make AGWs more secure, including:
- MFA with OTP
- MFA with passkeys
- Passkey login
Because each AGW is a smart contract under the hood, future versions of AGW will contain even more safety measures (we have a lot of ideas here).
But for now, treat these wallets as you would an EOA, just with some extra features and security settings.
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