Vanity Global announces blockchain-based technology that

Vanity Global announces blockchain-based technology that

TALLINN, Estonia, Sept. 24, 2022 (GLOBE NEWSWIRE) — Vanity, a blockchain solutions company, recently announced its partnership with Safemoon; together with the already established partners and more to come, Vanity Global is rapidly growing as a leader in personalization in the crypto space.

To achieve this goal, Vanity has developed a way to generate any wallet address with a custom prefix, up to 11 leading characters. A common address consists of random letters and numbers, for example 0x0xb1c7f…, which can lead to stressful operations while sending money to and from an exchange/wallet due to countless double checks. Vanity offers a real solution to this problem by giving crypto users a way to customize their wallet address, such as 0xC0DE911.., and instantly recognize it as their own, simplifying the process of making a transaction.

Safety is the main aspect of the company. Vanity operates using two different methods combined: user-end generation and shared key generation. Recognizing the technical process is necessary to understand the difference in a key pair. Any wallet generated on the blockchain consists of three parts: a public key, an address, and a private key. Both the public key and the address are visible to everyone and do not compromise the security of the wallets.

While generating an address with Vanity, two parts are required to be merged to generate the custom wallet’s private key, which is the “password” used to import and interact with the wallet. The user-end generation is a serverless step that is done locally in the customer’s browser, ensuring that zero data goes on the internet. This operation generates a new key pair, and the customer needs to save the “Vanity Key” and send the public key to the team, officially requesting the generation of the wallet.

See also  A comprehensive study exploring Blockchain in Edutech Market: Key Players Blockchain Education Network, Shikapa, Blockcerts, Disciplina

The Split Key generation now takes place, where the public key and high computing power are used by Vanity to generate another key, which is not yet the customized one and stored in the same database. At this point, the customer has everything needed to create the private key of the desired address, and again using end-user generation, it only requires pasting the Vanity Key saved and clicking one button to generate the final Vanity address private key.

For the best user experience, Vanity has simplified this process to a total of three clicks and requires no advanced knowledge from the customer side.

We wanted to make transactions easier and safer, and remove the feeling of anxiety of losing hard-earned money by sending to the wrong address and not noticing. Vanity brings a new layer of safety and security to all crypto users.

T. Bertossi
Founder and CEO – Vanity Global OÜ

Vanity is the first token ever released on any blockchain to provide custom wallet and contract addresses for Bitcoin, Ethereum, Binance Smart Chain, Litecoin and Dogecoin chains.

Website: https://vanity.global
Marketplace: https://marketplace.vanity.global
Telegram:

Päevalille tn 6-15, Tallinn, 13517, Estonia
Copyright © 2022 Vanity Global OÜ | All rights reserved.

Contact information:
Lily Vanity
Accountant
[email protected]

Tommaso Bertossi
Founder and COO
[email protected]

Related images

Picture 1

This content was issued through the Newswire.com press release distribution service.

  • Featured image for Vanity Global OÜ

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *