Wire Network, an emerging leader in blockchain technology, has released the alpha version of its decentralized MegaMask wallet. This wallet allows users to send, receive, and buy cryptocurrency on Wire Network, Polygon, and Ethereum, while also introducing a host of social features, including cryptographically secure chat messaging, group chats, and personalized user profiles. The wallet is made possible by combining the Universal Polymorphic Address Protocol (UPAP) with Wire Name Service (WNS) and a Crypto SSO (single sign on). This provides a new layer 1 blockchain protocol that focuses on removing the complexities of user onboarding along with the vulnerabilities associated with current cross-chain solutions. The wallet also bypasses burdensome fees that characterize the Ethereum blockchain while allowing users to leverage the network’s biggest strengths. This is made possible by a smart contract powered layer of abstracted ownership (WNS) which keeps assets on their native chains while allowing users to transact against their value in the open market assuming they interact with other UPAP enabled wallets. Cross-chain transactions have become more and more common in the world of blockchain due to the ever growing number of independent networks. Building a cross-chain bridge has been the traditional path for allowing people to move their assets between these different blockchains, but this solution also introduces a major security risk. Wire Network is excited to open the alpha and invite the public to engage with MegaMask’s initial functionalities and social components. The wallet simplifies the traditionally complex onboarding process by providing a trustless single sign-on that operates just like any other login process the user has experienced. This gives users access to the growing blockchain economy while removing all of the technical barriers. This is an Alpha release, so users should be aware that this preliminary version of MegaMask may contain limitations or bugs. Wire Network highly values community feedback and sees this testing phase as an opportunity for iterative improvement leading up to the MVP. For more information about participating in the MegaMask Alpha test, please visit: https://www.megamask.io. Wire Network is a groundbreaking blockchain technology which leverages an Appointed Proof-of-Stake (APoS) consensus mechanism and tiered node structure to deliver robust and efficient infrastructure for decentralized applications. The platform leverages Universal Polymorphic Address Protocol (UPAP) along with Wire Name Service (WNS) to enable seamless cross-chain transactions and enable universal interoperability across modern blockchains. With a primary focus of enhancing user onboarding, Wire Network also provides a novel Crypto Single Sign-On (SSO) and a decentralized password reset system, making modern blockchains more accessible and user-friendly for non-technical users. Wire Network has released the alpha version of its decentralized MegaMask wallet, which allows users to send, receive, and buy cryptocurrency on Wire Network, Polygon, and Ethereum, while also introducing a host of social features. This wallet is made possible by combining the Universal Polymorphic Address Protocol (UPAP) with Wire Name Service (WNS) and a Crypto SSO (single sign on). It also bypasses burdensome fees that characterize the Ethereum blockchain while allowing users to leverage the network’s biggest strengths. Cross-chain transactions have become more and more common in the world of blockchain due to the ever growing number of independent networks, but this solution also introduces a major security risk. The wallet simplifies the traditionally complex onboarding process by providing a trustless single sign-on that operates just like any other login process the user has experienced. This gives users access to the growing blockchain economy while removing all of the technical barriers. This is an Alpha release, so users should be aware that this preliminary version of MegaMask may contain limitations or bugs. Wire Network highly values community feedback and sees this testing phase as an opportunity for iterative improvement leading up to the MVP. For more information about participating in the MegaMask Alpha test, please visit: https://www.megamask.io. Wire Network is a groundbreaking blockchain technology which leverages an Appointed Proof-of-Stake (APoS) consensus mechanism and tiered node structure to deliver robust and efficient infrastructure for decentralized applications. The platform leverages Universal Polymorphic Address Protocol (UPAP) along with Wire Name Service (WNS) to enable seamless cross-chain transactions and enable universal interoperability across modern blockchains. With a primary focus of enhancing user onboarding, Wire Network also provides a novel Crypto Single Sign-On (SSO) and a decentralized password reset system, making modern blockchains more accessible and user-friendly for non-technical users. Wire Network has released the alpha version of its decentralized MegaMask wallet, which allows users to send, receive, and buy cryptocurrency on Wire Network, Polygon, and Ethereum, while also introducing a host of social features. This wallet is made possible by combining the Universal Polymorphic Address Protocol (UPAP) with Wire Name Service (WNS) and a Crypto SSO (single sign on). It also bypasses burdensome fees that characterize the Ethereum blockchain while allowing users to leverage the network’s biggest strengths. Cross-chain transactions have become more and more common in the world of blockchain due to the ever growing number of independent networks, but this solution also introduces a major security risk. Wire Network has released the alpha version of its decentralized MegaMask wallet, which allows users to send, receive, and buy cryptocurrency on Wire Network, Polygon, and Ethereum, while also introducing a host of social features. This wallet is made possible by combining the Universal Polymorphic Address Protocol (UPAP) with Wire Name Service (WNS) and a Crypto SSO (single sign on). It simplifies the traditionally complex onboarding process by providing a trustless single sign-on that operates just like any other login process the user has experienced. This gives users access to the growing blockchain economy while removing all of the technical barriers. This is an Alpha release, so users should be aware that this preliminary version of MegaMask may contain limitations or bugs. Wire Network highly values community feedback and sees this testing phase as an opportunity for iterative improvement leading up to the MVP. For more information about participating in the MegaMask Alpha test, please visit: https://www.megamask.io.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Global |
| Countries | |
| Sentiment | positive |
| Relevance Score | 8 |
| People | Ken DiCross Founder and CEO, TransformGroup.com, Ken DiCross |
| Companies | Ethereum, Crypto SSO (single sign on), Universal Polymorphic Address Protocol (UPAP), Wire Network, Wire Name Service (WNS) |
| Currencies | Ethereum, Bitcoin, Sentinel Protocol, Polygon, Wins |
| Securities | None |
