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Sether (SETH) is a revolutionary decentralized identity and access management solution for Web3. It offers users a single identity, wallet, and login across blockchains and decentralized applications (dApps). By utilizing distributed key generation algorithms and advanced cryptography, Sether ensures streamlined cross-chain identity and access management. It aims to address the issues of data breaches, identity theft, and privacy violations commonly associated with centralized systems.
Sether operates on a leaderless Proof-of-Stake L1 chain, providing maximum security. Validator nodes participate in a leaderless Byzantine Fault Tolerant (BFT) protocol to validate blocks, enhancing decentralization and network security. Delegators are crucial in securing the network by staking their tokens with trusted validators to receive rewards. In addition to block validation, validators also run a Distributed Key Generation protocol, which enables users to assign, store, and retrieve secrets/keys.
The Sether chain is fully compatible with the Ethereum Virtual Machine (EVM), allowing developers to write or migrate dApps in their preferred language, such as Solidity. Sether prioritizes decentralized authentication, which offers enhanced security, privacy, and control over personal data. It eliminates single points of failure, making hacking attempts less likely to succeed. With Sether, users can register and sign up using their existing accounts, while Sether handles the creation of keys and wallets securely and in a non-custodial manner. Multiple login options, including traditional methods like Google, Facebook, and email, make onboarding and adoption seamless. Additionally, users can recover lost private keys safely using Samir’s Secret Sharing algorithm and enjoy the improved security of multi-factor authentication.
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