Hi, my crypto cutie pies! In my previous post the discussion was under Sidera Watches, which lets you make fast and easy payments. There are many additional functions like address generator based on entropy produced by shaking a hand, highly useful ghost mode, notifications, displaying current prices of preferable cryptocurrencies and much more (details here). As was promised, today our focus is fully on security measures realized in Sidera software and watches.
Transparency
First and foremost it's vital to notice Sidera platform is an open-source one, everyone can check the reliability and implementation of the all applied features.
Seed
As you already know, there is a special application operating with your watches directly. But, the main point here is that your watches is fully separate device what concerns storing your sensitive data. While creating a wallet you should compose a mnemonic phrase of twelve words.
Sounds quite usually?
Private Key Encryption
Do not worry, your private key is encrypted with unique identifier. Unique identifier includes the data once received from a sensor which decode your personal particular qualities like sweating, unique character of your hand moves and so on. Only after the sensor recognized the "owner authenticity", there is an access to hardware wallet.
Pin-Code
The next is the importance of the bundle of application and watches. You are not able to make a transaction without the App being near the device. In this case, without an opportunity to enter pin code while paying, you have the view mode only.
Restoring
What if you've lost your phone or device? You can easily restore wallet with your seed-phrase. Basically, all you need to be sure in constant safety of your funds is to keep phrase out of prying eyes and have a constant access to it. In the case you lost it, nobody can help you.
Summarizing, the devs consider all possible fraudelent cases and suggest all in one solution as like for secure as convinient usage.
To learn more about the project, follow the links below:
ICO Website: https://sidera.io/
White Paper: https://sidera.io/docs/v1.0/Sidera_Whitepaper.pdf
Telegram: https://t.me/SideraOfficial
Twitter: https://twitter.com/siderabc
Facebook: https://www.facebook.com/siderablockchain/
LinkedIN: https://www.linkedin.com/company/sidera-blockchain-technologies
Medium: https://medium.com/@siderablockchain
Bitcoin Talk: https://bitcointalk.org/index.php?topic=4756894.msg42969261#msg42969261
Reddit: https://www.reddit.com/user/SideraBlockchain?st=JIRSDIAI&sh=dd548a81
My btt: https://bitcointalk.org/index.php?action=profile;u=2387308