Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BEAM | Mimblewimble | Private | Scalable | No ICO | No Pre Mine
by
Guy Corem
on 25/02/2020, 08:26:51 UTC
An update on this weeks developments, covering the upcoming Web Wallet, and the recently released Android wallet update.
Regarding to the upcoming web wallet on BEAM platform, I have a question and need help from BEAM team.

How users can have full control of their asset with web wallet (with their seed phrases on web wallet)? I meant only users have control of their wallets and coins?

I read some articles and topics on risks of using web wallets. I know this one is built officially by BEAM team, and it is sure safer than ones built by third-party.
The client part of the wallet (running in the browser) holds all the secret key and the wallet ID. The public part can receive SBBBS messages and monitor the balance using owner key,  but can not form transactions and spend coins