Re: [ANN] The Numio App Brings zkRollups to Mobile - Available Now on Google Play
It seems interesting (I haven't installed it due to an identity problem that I have to submit), I'm curious about these 3 things:
1. If you adopt "not your keys, not your coins", does that means this wallet generate privkeys and can be viewed aswell? If not, I'd judge this is the way custodial wallets are in general (more similar to blockchain.com wallet, claiming non-custodial but not generating privkeys for BTC).
2. After reading how to sing up using personal (sensitive) data, must pass face detection, it even seems that recovering the wallet can only be done the same way you signed up.(based on the description in the playstore). Why do non-custodial wallets need that (sensitive data)?
3. This kind of wallet can be a solution for some bounties that delay payment due to the problem of high gas fees. How to list tokens to Numio?
Since this app doesn't have its own altcoins, I thought this topic should be on the "Service Announcements or SA(altcoins)" board.
How to change topics, read this >> https://bitcointalk.org/index.php?topic=5265053.0
1. If you adopt "not your keys, not your coins", does that means this wallet generate privkeys and can be viewed aswell? If not, I'd judge this is the way custodial wallets are in general (more similar to blockchain.com wallet, claiming non-custodial but not generating privkeys for BTC).
2. After reading how to sing up using personal (sensitive) data, must pass face detection, it even seems that recovering the wallet can only be done the same way you signed up.(based on the description in the playstore). Why do non-custodial wallets need that (sensitive data)?
3. This kind of wallet can be a solution for some bounties that delay payment due to the problem of high gas fees. How to list tokens to Numio?
Since this app doesn't have its own altcoins, I thought this topic should be on the "Service Announcements or SA(altcoins)" board.
How to change topics, read this >> https://bitcointalk.org/index.php?topic=5265053.0
Thank you for sharing your thoughts!
Just for clarity, this app does not require KYC/AML. All you need is a Google email (we'll introduce other methods in the future as well), and the phone number field will be getting removed. This is just an added feature in the app.
To your points:
1. This is a noncustodial wallet, and you have access to your private key that you generate, yourself.
2. This is just a liveness detection and is encrypted on device and is processed using AI. This is encrypted in the form of a recovery key. The only way to decrypt it is using your biometrics. We'll introduce other abilities to recover in the future as well, but we're bootstrapped and early stage, so bare with us
.3. Initially, yes. This is very effective for the distributions of assets- it saves people a ton of $! We've had people contact us who want to send transactions using the app to their customers who receive weekly/monthly payments as we would save them up to 100x on network fees.
Adding tokens is not decided by us for the L2. We are using zkSync's zkRollup (); they will be introducing a permissionless token listing process for their rollup.
There are a variety of L2 protocols which will be coming to the app, enabling for you to generate yield, trade/swap tokens instantly, and just frankly, interact with DeFi protocols.
Regarding the topic board, I can speak to the team about how we might be able to change this- thanks!