Enclave Wallet launched a web-based wallet for Neo N3 and introduced its first account abstraction wallet for Neo Ecosystem. This wallet is designed to provide a familiar and intuitive experience without sacrificing the core benefits of blockchain technology. Ultimately, the goal is to make blockchain more accessible to mainstream users.
The Enclave Wallet was built by NNT co-editor Edge and by three former members of Simpli, Ricardo Prado. Gil Lopez Bueno and Kuba. Simpli was a Brazil-based software development company focused primarily on building tools and applications for the NEO ecosystem.
The team behind Enclave Wallet is trying to solve some persistent issues with blockchain use. Onboarding processes relying on complex private key management, requirements for obtaining tokens before interaction, fragmented user experiences, excessively technical terms, and centralized exchange.
Abstract accounts and webauthn
Enclave Wallet introduces two important innovations: Abstract Accounts and WebAuthn integrations to separate blockchain identity from rigid cryptographic credential systems.
Traditional blockchain wallets combine user IDs into a single public/private key, creating persistent dependencies. If your private key is lost, you cannot recover access to your account.
In contrast, abstract accounts allow blockchain addresses to remain consistent and allow users to update, add and remove credentials. This supports recovery mechanisms without compromising security, allowing multiple credentials to access a single account.
WebAuthn is the primary authentication method for wallets. Use device binding credentials protected by biometric data or pins to remove the need for seed phrases. WebAuthn credentials can be backed up to cloud services and are also supported by leading technology providers such as Google, Microsoft, and Apple.
Enclave wallet screenshot
Identity, Credentials, and Authentication
Enclave Frame Blockchain Interactions Three concepts: blockchain interactions (blockchain address), credentials (cryptography keys), and authentication (how to use those credentials). By separating these layers, the wallet improves flexibility and user experience while maintaining the independence nature of the blockchain account.
Enclave wallet use cases
Conditional transaction sponsorship is one of the target use cases for wallets. Enclave uses smart contracts to enable decentralized and rules-based fee sponsorships, allowing DAPP to cover users’ fees without paving the way for abuse. This can support the freemium model, especially for new users who may not yet have a token for a DAPPS or project built on the NEO N3.
Additional potential applications include subscription-based services, social platforms with digital ownership, author tools with direct monetization, enterprise security solutions, games with true asset ownership, and collaborative platforms with transparent governance mechanisms.
Neo N3 as a Foundation
The Enclave team attributes the viability of the solution to the technical features of the Neo N3 platform.
- Single block finality provides immediate transaction confirmation and creates a Web2-like user experience.
- Custom validation scripts enable abstract account implementation and sophisticated authentication logic.
- Multilingual support lowers developer barriers by supporting C#, GO and other mainstream languages.
- Native Oracle Integration supports the interaction of off-chain data with services.
- An optimized pricing model makes transaction sponsors technically and economically feasible.
Next Steps
In the medium term, the team plans to enhance its enclave wallet with the following additional features:
- Detailed permissions allow users to assign specific actions to individual credentials or devices.
- Multi-user accounts allow joint control of a single address with a custom permission layer.
- Subscription credentials provide Dapps with the ability to create and manage recurring payment mechanisms.
The Enclave Wallet is now available as a web application and represents a step forward in improving blockchain accessibility and user experience within the NEO ecosystem.
The full announcement can be found at the link below.
https://enclavewallet.com/blog/enclave-wallet-bridging-web2-web3
