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Web3_Wallet_Requirements

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43 views

Web3_Wallet_Requirements

Uploaded by

luckyloot786
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Comprehensive Requirement Document for Web3 Wallet Partner

Executive Summary
This document outlines the essential requirements and expectations for a potential Web3
wallet partner to ensure the development of a scalable, secure, and developer-centric wallet
infrastructure. The collaboration aims to enhance multi-chain compatibility, ensure robust
security measures, and provide seamless integration with blockchain ecosystems. These
goals align with our mission to deliver superior wallet solutions that cater to users and
developers globally.

Key Objectives
1. Scalability: Ensure the wallet infrastructure can support rapid growth, targeting 10
million wallets in the next 6 months and scaling to 500 million wallets within 2 years.
2. Security: Implement state-of-the-art security measures to protect user assets and private
keys.
3. Multi-Chain Compatibility: Enable support for leading blockchain networks with the
flexibility to integrate additional chains promptly.
4. Developer Experience: Provide robust tools, SDKs, and APIs to simplify integration and
enhance usability.
5. Advanced Features: Incorporate features such as bulk wallet operations, transaction
signing, and paymaster patterns for gas-efficient transactions.

Scalability Requirements

Short-Term Scalability
Infrastructure must accommodate up to 10 million wallets within the first 6 months of
deployment.

Long-Term Scalability
Robust scaling mechanisms to ensure support for 500 million wallets over the next 2 years.
Infrastructure must handle concurrent transactions without compromising performance or
security.

Multi-Chain Support Requirements

Initial Chain Support


Integration with the following blockchains:
- Polygon
- Aptos
- Solana
- Avalanche
- Arbitrum
Future Chain Integration
Commitment to supporting new major blockchains within a one-quarter timeline upon
request.
Mechanisms for seamless integration of emerging blockchain protocols.

Developer-Focused Features

Programmable Wallets
Provide developer-controlled programmable wallets with:
- Embedded features.
- A well-documented SDK to facilitate development and customization.

Transaction Handling
Enable secure and seamless transaction signing.
Provide APIs for retrieving detailed transaction history across supported chains.

Bulk Wallet Management


Offer efficient APIs and tools for bulk wallet creation and management to support large-
scale operations.

Smart Contract Integration


Simplify smart contract integration through accessible tools and libraries.

Advanced Features and Capabilities

Digital Asset Management


Facilitate the secure sending and receiving of digital assets across supported chains.

Paymaster Pattern Support


Implement support for the paymaster pattern, enabling gas-efficient and cost-effective
transactions.

Bulk Operations
Provide functionality for performing bulk transactions and wallet management tasks with
high efficiency.

Security and Compliance

Private Key Protection


Employ industry-leading measures to safeguard private keys, including:
- Hardware Security Modules (HSMs).
- Multi-factor authentication.
- Regular penetration testing and security audits.
Compliance
Ensure compliance with global regulatory standards and blockchain-specific requirements.
Adherence to GDPR, AML, and KYC standards where applicable.

Additional Considerations

Developer Support
Offer comprehensive support channels, including:
- Dedicated technical support teams.
- Detailed guides and tutorials.
- Responsive issue resolution processes.

Documentation
Maintain clear, comprehensive documentation for all APIs, SDKs, and integration processes.

Performance Metrics
Ensure high performance with minimal latency for wallet operations.
Provide monitoring tools for performance analysis.

Community Engagement
Foster a strong ecosystem presence through active community participation and developer
outreach programs.

Conclusion
By aligning with these requirements, the Web3 wallet partner will contribute to building a
scalable and secure wallet infrastructure. This partnership will empower developers and
users, ensuring seamless interactions across diverse blockchain ecosystems. Together, we
aim to set new benchmarks in the Web3 space, driving innovation and growth for the
future.

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