New York City, New York, February 16, 2024, Chainwire
Introducing Kadena SpireKey, a people-friendly and secure way to seamlessly interact with any application by removing complex signing processes.
Kadena Spirekey
“Unlike today’s complex Web3 wallets, which require you to remember every wallet you’ve ever created, Kadena’s SpireKey uses WebAuthn, a technology developed by Google and Apple over the past twenty years to help everyone keep digital assets secure directly to your phone or computer. It’s as simple as receiving a prompt on your mobile device and providing a fingerprint as your signature. Even that uncle who asks you about crypto at every family dinner can do it. With Kadena, we have made application usage accessible to everyone, regardless of whether you are an experienced “degen” or new to blockchain,” said Mike Herron, CMO of Kadena.
SpireKey creates a seamless interaction between people and technology, delivering a Web2 experience with Web3 innovation. SpireKey allows users to sign transactions and Web3 applications, just as it works on Apple Pay or Google Pay. However, it can be done directly on the user’s device without opening multiple windows or copying and pasting key pairs, eliminating potential vulnerabilities in traditional wallets.
Extra security with built-in Multi-sig
“Kadena’s built-in multi-sig signing enables an additional layer of security for SpireKey that only we can provide through our native language, Pact. With multi-sig, SpireKey ensures that certain transaction types require multiple signatures. For example, if you want to send more than $10,000, you can set parameters to require signatures from three different devices: your phone, laptop, and cold storage wallet. The multi-sig feature reduces the risk of compromised accounts because a bad actor needs access to three devices. It reduces the risk of a new attack vector and contributes to overall security,” said Stuart Popejoy, co-founder and CEO of Kadena.
SpireKey shows how Kadena thinks about the level of usability Web3 technology should have. At its core, SpireKey connects people to interact with the blockchain and with each other. SpireKey believes that showing working examples will inspire all people to see how Spirekey can impact the rest of the world beyond Web3.
About Kadena
Kadena is a blockchain technology protocol founded in 2017 by Stuart Popejoy and Will Martino. Kadena is the industry’s only scalable Layer-1 Proof of Work (PoW) blockchain. This scalability allows Kadena to deliver infrastructure-level performance for any blockchain project. Together with Kadena’s proprietary smart contract language Pact, Kadena’s platform provides the world with the tools and environment to turn ideas and ambitions into reality. Founded by Stuart Popejoy and William Martino, who created JP Morgan’s first blockchain and led the SEC’s Crypto Committee, Kadena aims to enable true mass adoption of blockchain.
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Contact
Kadena Press
press@kadena.io