I work with Monolith, and I just wanted to clarify something regarding recovery - seems like there could be a misunderstanding.
Since day one Monolith provides account recovery, through the seed phrase only the user knows. We do not have a recovery service yet (like Argent's Guardians).
However, since the seed is known to the user, one can at any time take full control over their wallet without needing Monolith app/services using MetaMask and Etherscan:
Here is my comparison of smart wallets on publish0x: https://www.publish0x.com/defi-opfi/smart-contract-wallets-for-defi-investing-xejrlre
I have linked to your article in my conclusion.
Thanks, Fred. Just read your article with full of insights! Glad to share the thoughts with you.
I've followed you on Twitter and I'm finishing writing the second essay and wish you enjoy it.
Hey Yao, fascinating report thanks for sharing!
I work with Monolith, and I just wanted to clarify something regarding recovery - seems like there could be a misunderstanding.
Since day one Monolith provides account recovery, through the seed phrase only the user knows. We do not have a recovery service yet (like Argent's Guardians).
However, since the seed is known to the user, one can at any time take full control over their wallet without needing Monolith app/services using MetaMask and Etherscan:
https://medium.com/monolith/importing-using-your-monolith-wallet-with-metamask-and-etherscan-a22862283929
Cheers,
TokenBrice.
Hi, Brice.
Thanks for your response. I've read this article before and I really like your design, fascinating for the hard-core users!
Maybe I need to clarify that "Recovery" means "Reset the control key of the account", the seed phrase means the full-control, that's it!
I'll put your post into the article so I hope there's no misunderstandings for readers.
Maybe I'll write about "How to full control the Smart Wallets" where we can discuss in depth.