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ReserveBlock Launches RBX Reserve Accounts as Part of Spartan Wallet Update

22.06.2023
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In an attempt to improve user experience and introduce major lifestyle upgrades, RBX network is launching a suite of on-chain security features called RBX Reserve Accounts.

  • The push comes as part of its most recent Spartan Wallet Update.
  • It’s aimed at providing users with on-chain recovery, as well as callback features, in a bid to take self-sovereignty and self-custody to new heights.
  • According to the press release shared with CryptoPotato, users will be able to enjoy the security of cold storage in a hot wallet.
  • There will be an added ability to recover funds that have been compromised within 24 hours of any potential event.
  • This will become possible by entering their own personally-generated password and recovery code. The assets will be recovered to a new address, which is only known by the user.
  • Moreover, according to the release:

RBX Spartan Wallet update has improved file upload speeds by enhancing the Beacon System and enabled peer-to-peer NFT sales without the need for an auction house. It also provides the ability to create verification signatures for proof of asset ownership. This release also includes several wallet quality-of-life improvements and new API methods for querying. Web wallets are expected to incorporate Reserve Accounts in the coming weeks.

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CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

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