Metakeep - Patented Onboarding + Hardware Wallet

[trechriron]

Proposal link --> https://docs.google.com/document/d/1XI2QRo-nie37Kf3zY0KyGij2HMbP1zgT1cjS7ejqaBE/edit?usp=sharing

Discussion will take place in this forum.

[ewiner]

I found this proposal very hard to read and understand. It contains a lot of promises but not many details about how MetaKeep works and what you're proposing to change.

Can you please describe MetaKeep and MetaKeep Lambda in one or two sentences? I'll try and you're welcome to correct me:

1. MetaKeep is a custodial wallet-as-service offering, backed by cloud-hosted cryptographic hardware, and using email as the authorization mechanism.
2. MetaKeep Lambda is a transaction broadcast service that can handle the complicated parts of transaction construction, gas estimation, signing, and broadcast, and allows the developer to pay for their gas in USD.

[naga-passbird]

Thank you for the opportunity to provide a concise description of MetaKeep Cryptography Services’s proposed products for NEAR Infrastructure so that you can review the proposal with better context.

1. MetaKeep operates a self-custodial wallet-as-a-service, and more importantly a unified ecosystem wide solution for self-custodial private key management that’s one layer behind consumer wallets, embedded wallets, and wallet-as-a-service solutions. e.g., behind FastAuth, Mobile Wallets, Embedded Wallets etc.

   The security and self-custody are battle tested at the scale of millions of queries a day and are rooted in Ledger-like hardware wallet architecture comprising of inviolable cryptographic hardware enforced by firmware, as you summarized it. The claims of inviolable security, and self-custody have further been vetted legally, and technically prior to ecosystem wide adoption by blockchains like Solana besides other EVM, non-EVM blockchains.

2. You’re correct about MetaKeep Lambda. The nuance I’d love to also incorporate is that MetaKeep Lambda works hand-in-hand with MetaKeep, bringing NEAR specific blockchain context to MetaKeep, resulting in the best developer, and user experience possible for end-users because of tight firmware level integration.

   What this translates to is any Web2 developer can use MetaKeep’s proven infrastructure to start:

   1. Deploying any smart contract
   2. Executing any function in any smart contract as themselves (developer) or as a user (with a standard human readable consent)
   3. Performing all-or-nothing atomic execution of a bundle of transactions
      in just 1 API call – allowing developers to go from zero to 100 in as little as 15 minutes, with no other dependency, error handling knowledge, or blockchain knowledge required - for any application considering NEAR. MetaKeep guarantees transaction execution, upon user consent for any transaction with one API.

3. Here’s some frequently asked questions: https://mtkp.xyz/faq-koYC