Sophisticated! On Solana DApp, P2P Transactions Can Now Via Emails

On Solana DApp, P2P transactions can now be via email (Doc. Cryptoactu)

JAKARTA - TipLink, a Solana-based crypto wallet startup, has launched a new feature that allows users to send cryptocurrencies using only email addresses. This feature brings fresh air in the ease of transacting digital assets without the need to use complicated traditional wallet addresses.

The decentralized app (DApp) TipLink introduced an email integration feature that allows sending crypto assets and NFT via email. Recipients don't need to have a crypto wallet, just with an email address. This step is expected to increase crypto usage by simplifying transaction processes and reaching more people.

With this feature, security remains a priority. According to Coingape information, TipLink uses secure enterprises that ensure private key privacy remains protected. In addition, the Escrow option adds a layer of security and allows secure multisig transactions. If TipLink is sent to the wrong email address or if the recipient does not claim the digital asset, the user can recover it.

TipLink's integration with Squads expands its usefulness, especially for companies. Businesses can now pay contractors and service providers via email, even if recipients don't have crypto wallets. This integration reduces the risk associated with traditional wallet addresses, such as copying errors or potential phishing attacks.

For Squads users, digital assets sent via TipLink can only be accessed via the intended recipient's email, increasing security. If TipLink is sent incorrectly or not claimed, the associated token can be returned to the sender's default to prevent the loss of funds.

Last week, TipLink launched the TipLink Wallet Adaptor, a new feature that eliminates the need for a browser wallet extension. The wallet in this browser is connected to the user's Google account and does not require complicated setup procedures such as the Phantom and Solflare wallets.

This approach makes it easier for new investors to enter the market, especially if they don't understand traditional processes. CEO Ian Krotinsky stated that the model is designed to provide easy onboarding to the global crypto market, although it may not meet those who support asset management.

In addition, TipLink is also developing a Pro' feature that allows developers to send cryptocurrencies to large numbers of recipients via email links. The service is designed to assist in marketing and distribution of digital assets to many people, thus helping businesses expand their market.