Sui Wallet Is A Self-hosted Cryptocurrency Wallet Developed By Mysten Labs. It Is Specially Designed For The Sui Blockchain And Aims To Provide Users With A Safe And Convenient Digital Asset Management And Web3 Interaction Experience.
Registration Information
- Registration Time: Sui Wallet Will Be Launched Around 2022 Or 2023, The Specific Date Is Not Clear. According To Relevant Information, Other Sui Eco-wallets Such As Suiet Are Planned To Be Released In September 2022, And Sui Wallet May Be Launched At The Same Time Or Earlier.
- Registration Location: Developed By Mysten Labs, Headquartered In Palo Alto, California, USA, At 379 University Avenue, Palo Alto, CA. According To PitchBook And CB Insights, Mysten Labs Was Founded In 2021 And Focuses On Web3 Infrastructure.
Services
Sui Wallet Provides The Following Core Services To Meet The Diverse Needs Of Users In The Sui Ecosystem:
Digital Asset Management
- Supports Storage, Sending And Receiving Of SUI Tokens And NFTs, And Users Can Easily Track Assets On A Browser Or Mobile Device.
- Displays Real-time Balances, Transaction History And Asset Details For Easy Portfolio Management.
Transaction Service
- Exchange: SUI Token Exchange Is Supported Through The DEX Aggregator, Which Involves Network Fees, And Users Can Choose The Transaction Speed Optimization Cost.
- Acquisition And Transfer: Users Can Discover And Acquire New Digital Assets And Send Them Securely To Other Users Within The Sui Network.
- Pledging Service Users Can Pledge SUI Tokens Directly From Their Wallets To Earn Cyber Security And Operational Rewards, Enhancing Network Engagement.
DApp Interaction
- Connect DApps On The Sui Network Through The Built-in Web3 Browser Or WalletConnect, Supporting Services Such As DeFi, GameFi, Etc.
- Users Can Manage The Connected DApps, Regularly Check Permissions, And Protect Asset Security.
Other Services
- Provide Real-time Price Tracking, Display Market Trends, And Help Users Optimize Trading Decisions.
- Support Integration With Hardware Wallets (such As Ledger) And Services (such As Qredo) For Enhanced Security.
Features
Sui Wallet Is Designed To Focus On User-friendliness And Security. The Following Are Its Main Features:
Asset Management
- Support The Management Of SUI Tokens And NFTs, Covering The Digital Assets Of The Sui Network.
- Provide Biometric (Face ID/Touch ID) Or PIN Login To Enhance Access Security.
- Users Can Create Wallets Using Social Logins (e.g. Google, Apple, Twitch) Through ZkLogin, Or Use Traditional Mnemonic Methods.
Transaction Optimization
- The Exchange Function Supports Execution Through The DEX Aggregator, Which Involves Network Fees. The User Can Choose The Transaction Speed.
- The Acquisition And Transfer Function Ensures The Safe Transfer Of Assets, And Attention Should Be Paid To Network Compatibility.
DApp Integration
- Web3 Browser And WalletConnect Provide Flexible Connection Methods, Support Mainstream DApps, And Are Suitable For Exploring The Sui Ecosystem.
- Users Can Manage Connected DApps, Regularly Check Permissions, And Protect Asset Security.
Pledging And Rewards
- Pledging SUI Tokens Directly From The Wallet To Earn Rewards And Enhance Network Participation.
- The Interface Is Intuitive And Suitable For Novice And Experienced Users To Operate.
Cross-platform Support
- Browser Extensions: Support Chrome And Compatible Browsers (such As Edge, Brave) To Optimize The Web3 Experience.
- Mobile End: IOS And Android App That Provides Full Functionality To Manage Assets At Any Time.
Other Features
- Integrated ZkLogin That Allows Wallets To Be Created Using Social Login, Remaining Self-hosted With Zero-knowledge Proof.
- Support For Hardware Wallet Integrations, Such As Ledger, To Enhance The Security Of Large Assets.
- Provide Educational Resources To Guide Users In Securing Wallets And Preventing Phishing Attacks.
Security
Sui Wallet Pays Attention To The Security Of User Assets. The Following Are Its Security Measures:
- Self-hosted Design: The User Holds The Private Key, And Mysten Labs Has No Access Rights To Ensure Full Control Of The Assets.
- ZkLogin Security: Verify The User's Identity Through Zero-knowledge Proof (ZKP), Generate An Account With Social Login. The Private Key Is Still Controlled By The User And Remains Self-hosted.
- Privacy Protection: Promise Not To Sell User Data To Third Parties. Privacy Policy See Privacy Policy.
- Hardware Wallet Integration: Support For Hardware Wallets Such As Ledger. Transactions Need To Be Confirmed By Physical Devices To Enhance Security.
- User Responsibility: Users Need To Properly Keep Mnemonics Or Recovery Phrases, And Regularly Check DApp Authorization To Avoid Phishing Attacks.
- Risk Alert: Emphasize That Recovery Phrases Are Not Shared, And Only Transactions With Trusted Entities. See Support Guidelines For Details.
How It Works
Sui Wallet Is Based On The Sui Blockchain's Public-private Key Encryption System. It Adopts A Self-escrow Architecture To Ensure That Users Control Assets. It Works As Follows:
Wallet Creation
- Users Can Create Wallets Using Social Logins (e.g. Google, Apple, Twitch) Through ZkLogin, Generate Zero-knowledge Proofs, And Remain Self-hosted; Or Use Traditional Methods To Generate 12 Or 24-word Mnemonic Words (BIP-39 Standard), Derive Private And Public Keys.
- Private Keys Are Stored Locally Through The User's Device, And Mysten Labs Has No Access Rights.
- Support Import Of Existing Accounts, Recovery Through Mnemonic Words Or Private Keys.
Asset Management
- Wallet Queries Balance, Transaction And NFT Data Through Sui Network Nodes.
- Support Multi-asset Management, Receive Assets Via Public Key (address), Displayed As String Or QR Code.
- Users Can View Real-time Balance And Transaction History, Manage Asset Portfolios.
Transaction Execution
- Users Initiate Transactions (e.g. Send, Exchange, Pledge), And Wallets Generate Signatures (via Private Key).
- The Signature Is Broadcast To The Sui Network, And The Node Is Verified And Then Uploaded To The Chain.
- The Exchange Transaction Is Executed Through The DEX Aggregator, Which Involves Network Fees.
DApp Interaction
- Connect To The DApps Through Web3 Browser Or WalletConnect. The User Authorizes The Operation And Needs To Manually Confirm The Transaction.
- Support Services Such As DeFi And GameFi On The Sui Network. Regularly Check Permissions To Protect Asset Security.
Security Guarantees
- Local Storage Of Private Keys. Emphasize Backup Mnemonic To Prevent Device Loss.
- Support Hardware Wallet Integration, Transactions Need To Be Confirmed By Physical Devices.
- ZkLogin Verifies Identity Through Zero-knowledge Proof, Protecting User Privacy.
Cross-platform Support
- Browser Extension: Chrome And Compatible Browsers, Manage Assets And DApp Interaction.
- Mobile End: IOS And Android Applications, Providing Full Functionality, Accessible At Any Time.
- Data Is Synchronized Across Devices Via Mnemonic To Ensure Consistency.
Summary
Sui Wallet Is A Feature-rich Self-custodial Wallet That Supports The Sui Blockchain Network And Provides Services Such As Asset Management, Trading, Staking, DApp Connection, And NFT Management. Launched In 2022 Or 2023, It Is Headquartered In Palo Alto, California. It Emphasizes User Control And Security, And Is Suitable For Exploring The Sui Ecosystem. Users Need To Pay Attention To Backing Up Mnemonics To Protect The Safety Of Assets.
