Ava Labs’ Core app has announced it’s going seedless to drive Web3 adoption without compromising self-control and security. The team behind Avalanche blockchain said it has enabled users to generate and manage keys through simple Web2 methods such as Gmail and Apple logins, making it more accessible.
Its main feature is Core’s Seed Abstraction, which is universal and not limited to specific blockchains or VMs. As such, users can use Core-generated seeds across a variety of blockchains, from Bitcoin to EVMs, eliminating the complexity of multiple contracts or cross-chain issues.
Ava Labs introduces Core’s seed abstraction
According to the official announcement shared with CryptoPotatoCore’s Seed Abstraction stands out for its seamless cross-chain functionality, setting it apart from alternatives such as ERC-4337 (account abstraction).
Unlike ERC-4337, which limits wallet users to EVM chains and imposes restrictions based on contract deployment locations, Core exceeds these restrictions. It allows users to transact in various environments, including Bitcoin, Avalanche C, X and P-Chains, and any EVM, and offers enhanced cross-chain capabilities.
Ava Labs said Core’s Seed Abstraction is designed to solve an important problem related to seed sentences. The end goal is to make the wallet experience more intuitive and in line with the way most people typically navigate the internet. The company emphasized that this aspect of improving UX is crucial for broader adoption of Web3.
In a statement, Akash Gupta, Head of Consumer Products at Ava Labs, said:
“Core unites the key tenants of Web3 by enabling simple, frictionless, and seedless onboarding while maintaining self-control and high security. Core users are free to choose their preferred form(s) of login, login, and recovery without any trepidation or fear.”
Avalanche: 2023
The latest development comes six months after Ava Labs launched AvaGPT, amid a surge in adoption of OpenAI’s ChatGPT technology by several blockchain companies.
In addition to introducing an AI chatbot, the Avalanche ecosystem has collaborated with several entities this year. Alibaba Cloud, the digital technology and intelligence division of Alibaba Group, partnered with Avalanche in May to offer the former’s customers a launch pad called Cloudverse. The goal is to enable companies to customize, launch, and maintain their own metaverse spaces on the Avalanche blockchain.
In November, investment firm Republic leveraged the Layer 1 network to launch its profit-sharing digital asset, the Republic Note. This partnership was unveiled just over a week after Ava Labs laid off 12% of its workforce, citing an unrelenting bear market.
Traditional heavyweights such as Citi and JPMorgan have also turned to Avalanche Foundation for their real-world asset (RWA) tokenization initiatives. This development has boosted investor confidence, leading to an 80% weekly price increase in AVAX, despite a slump in the broader market.