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Beam Vault and Secure Sync #5

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beam-mw opened this issue Aug 11, 2020 · 1 comment
Open

Beam Vault and Secure Sync #5

beam-mw opened this issue Aug 11, 2020 · 1 comment
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@beam-mw
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beam-mw commented Aug 11, 2020

Beam SBBS is a great decentralized encrypted messaging system that allows wallet to interactively create MW transactions. It is however limited by design to only hold the message for 12 hours after which the message will expire and is no longer available for the recipients. Beam Vault is a centralized but trustless service that can store SBBS messages for longer periods of time. It can also be used to synchronize Beam Wallet that uses the same seed across multiple devices, something that was previously problematic and hence discouraged. As SBBS will gain more function with addition of DeFi functionality this service will be even more useful as a complementary and backup option for the SBBS system.

@beam-mw beam-mw self-assigned this Aug 11, 2020
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#17. I addressed the issue of centralizing it. it would be more appropriate for wallets to be able to pay for nodes they trust to instead wait and monitor for them then rebroadcast them every 12 hours repeatedly etc. Where you pay an extra fee in the transaction that would go to a certain selected node or nodes etc are whatever nodes will do it for the cheapest rate.

@beam-mw beam-mw added the Wallet label Aug 20, 2020
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