Casa wallet launches Ethereum vault relay service for increased user privacy

1 year ago

Private cardinal manager Casa has launched a transaction relay diagnostic to connection its Ethereum users much privateness erstwhile transacting from their idiosyncratic vaults.

Casa wallet launches Ethereum vault relay work  for accrued  idiosyncratic    privateness

Cryptocurrency self-custody level Casa has rolled retired caller functionality for its precocious launched Ethereum (ETH) vaults that volition let users to transact via a relay for added privacy.

Casa added a multisignature Ethereum self-custody vault to its archetypal Bitcoin (BTC) custody offering successful June 2023, allowing users to negociate the self-custody of their ETH holdings with up to 5 backstage keys to unafraid their assets.

In an effort to spend much transactional privateness to its ETH users, Casa has introduced a mechanics that allows users to marque usage of an ETH Pay Wallet arsenic a relay to make and transact from their vault.

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As the institution explained to Cointelegraph, Casa had antecedently assisted users with interactions betwixt their ETH vaults and the Ethereum blockchain done its inhouse Casa Relay.

This span allows users to transportation retired circumstantial actions, including deploying contracts and sending transactions, portion fronting state costs. The steadfast notes that a caveat of this relation is that users’ Ethereum addresses associated with Casa tin beryllium publically viewed done blockchain scanning tools.

Casa’s solution involves the usage of an ETH Pay Wallet, a caller alternate single-signature wallet that tin beryllium utilized arsenic a relay to transact from a vault. Casa CEO Nick Neuman tells Cointelegraph that state fees and transactions sent from an ETH Pay Wallet volition not beryllium associated with Casa on-chain.

Neuman added that the diagnostic presented an accidental for customization for its users and had been successful improvement earlier the motorboat of its ETH custody vault.

“We were proactive successful processing the Pay Wallet Relay due to the fact that we knew immoderate of our much precocious members would bask enhanced on-chain privateness portion others would bask the elemental convenience of the Casa Relay.”

Neuman besides clarified that the ETH Pay Wallet would not spend anonymity associated with obfuscation tools contiguous crossed the cryptocurrency ecosystem:

“It’s not an obfuscation work — each on-chain enactment volition beryllium viewable conscionable similar with immoderate wallet. This conscionable removes the transportation to Casa on-chain.”

The work involves further steps compared to the Casa Relay and users are required to screen state fees with their Pay Wallet, with the trade-off being added privateness for users looking to debar on-chain ETH addresses being connected to Casa.

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