ethbuilders / social-recovery-wallets Goto Github PK

Is your feature request related to a problem? Please describe.

When landing on this repository, there isn't any indication of what is used, how the project works, or any other information about this project.

Describe the solution you'd like

Filling out the README.md will help viewers to understand what the goal of this project is and how to use it.

Is your feature request related to a problem? Please describe.

After creating a new private/public key, a user has no way of splitting their secret up into multiple parts.

Describe the solution you'd like

There should be a function for splitting up a newly created mnemonic into n number of unique parts. We should hard code this for simplicity.

Describe alternatives you've considered

No known alternatives at the moment for splitting a mnemonic in a secure way.

SLIP-0039 : Shamir's Secret-Sharing for Mnemonic Codes

Is your feature request related to a problem? Please describe.

After splitting our private key into n unique parts, we need to distribute them to specific peers. However, we don't know who the peers are.

Describe the solution you'd like

We can select 5 random peers from a group of 10, we will do this using javascript and not on chain to prevent information leakage.

Describe alternatives you've considered

We could also do this on chain using Chainlink VRF, however gas costs would be a problem.

Is your feature request related to a problem? Please describe.
We need to know when and how fee gets distributed to all the holders of mnemonics snippets.

Describe the solution you'd like
A clear and concise description of what you want to happen.
When: when user recovers his/her mnemonics so that more interests can be earned from Aave.
How: retrieve holders' address info from IPFS, and evenly distribute the fees.

Describe alternatives you've considered
Notify the holders that fees are available for them to retrieve. It's up to them when to retrieve it.

Is your feature request related to a problem? Please describe.

I need a new private/public key pair for this social recovery wallet. I shouldn't have to use a previously created private/public key pair due to safety reasons.

Describe the solution you'd like

We can use a library to create a private/public key (and it's mnemonic) for a user on command.

Describe alternatives you've considered

Alternatively, we could ask the user to provide a previously created mnemonic however SLIP-39 has a specific word list required for it to work. If we use a previously created private/public key it may be incompatible.

SLIP-0039 : Shamir's Secret-Sharing for Mnemonic Codes

This one is quite simple, the react application needs to be initialized by running npx create-react-app

interested in your work and would like to connect! i found you via marketmake t.me/pavlovcik

Is your feature request related to a problem? Please describe.
When to collect fee from user to store wallet mnemonics？

Describe the solution you'd like
Metamask pops up to collect a flat fee when user clicks submit button for wallet mnemonics info.

Describe alternatives you've considered
No known alternatives at the moment.

Is your feature request related to a problem? Please describe.
Parent repo name is EthBuilders/social-recovery-wallets , while project name submitted to MarketMake is ALKEMY. White paper calls it Guardian Wallet, and wireframe calls it Alkemy-Guardian of Wallets.

Describe the solution you'd like
I would like to know the finalized name agreed upon by everyone and make changes to all documents to reflect it.

Describe alternatives you've considered
n/a

Additional context
n/a

Also a simple one, the smart contracts portion needs to be initialized by running truffle init