It’s time to stop using seed phrases. Do you agree?

I know, you are probably thinking, "What the f\ck are you talking about? How am I supposed to recover my non-custodial wallet without a seed phrase?"*

Let me explain…

We all agree that getting a non-custodial wallet is the safest way to store cryptos. Not your keys, not your crypto, right?

What I totally disagree though, is using a seed phrase as the only means to recover our non-custodial wallets.

The reason is simple.

People keep losing their seed phrase and getting scammed every day.

You might think, "It's their fault for being dumb. Not our business."

Well, this is not the case. It is absolutely our business.

If we really want cryptos to grow and be adopted by everyone, we need an easier way for people to own their digital assets.

Furthermore, while you might have not compromised your seed phrase yet, the risk of phishing and losing it is extremely high even for experienced users.

Vitalik Buterin himself wrote a piece on this, titled "Why we need wide adoption of social recovery wallets."

In it, he explains that we need a wallet that is easy to use and that has no single point of failure (there is no single thing that, if stolen, can give an attacker access to your funds, or if lost, can deny you access to your funds.)

At Linen Wallet, we've built exactly this type of non-custodial wallet. A wallet that is both safer and easier than standard self-custody wallets. Here's how it works:

• No single point of failure: Using a smart contract, the wallet is secured with 3 keys, 2 of which are required to make a transaction. You lose one? You can still access your wallet. Someone steals one? They still can't access it.
• Simple keys management: One key is stored in your cloud, one in your mobile device, and one in Linen's secure server infrastructure. (More options will be available in future versions)
• No seed phrase: You can seamlessly recover your wallet using your cloud drive, email, and phone number.

We strongly believe that this setup is both safer and easier, allowing a greater adoption of cryptos. But I'd LOVE to hear from the crypto community and see if you value what we are doing. So please, ask me anything in the comment!

For more info about the wallet: https://linen.app