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Starknet Introduces 'Shadow Accounts' for DeFi Trading, First Integration on Oct. 15

Source
JH Kim

Summary

  • Starknet has introduced Shadow Accounts, which keep wallet-linking information private in public DeFi activity.
  • Shadow Accounts are privately linked to a user's primary wallet, preventing the relationship between wallets from being exposed.
  • Starknet plans to launch the first integration service supporting Shadow Accounts on Oct. 15.

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Ethereum layer-2 network Starknet has introduced "Shadow Accounts," a feature designed to keep users' wallet-linking information private in public decentralized finance, or DeFi, trading.

Cointelegraph reported on Oct. 13 that Starknet unveiled Shadow Accounts, which connect privately to a user's primary wallet.

The feature is designed to let users access public DeFi services without exposing the link between the shadow account and their main wallet to outside parties.

Starknet plans to launch the first integration supporting Shadow Accounts on Oct. 15.

Photo: Starknet
Photo: Starknet
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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