Etherspot
These are our V1 docs and will be deprecated soon. Please visit https://etherspot.fyi/introduction to use our new version of the SDK.
  • Welcome to Etherspot
    • Chains, Bridges & DEXes
    • Social Logins
    • Web3 Logins
  • Transaction Kit
    • Introduction
    • Code Sandboxes
    • Quick Start
    • React Hooks
      • useEtherspotAssets()
      • useEtherspotNfts()
      • useEtherspotHistory()
        • getAccountTransactions()
        • getAccountTransaction()
      • useEtherspotTransactions()
        • estimate()
        • send()
      • useEtherspotAddresses()
      • useEtherspotBalances()
    • React Components
      • <EtherspotTransactionKit />
      • <EtherspotBatches />
      • <EtherspotBatch />
      • <EtherspotTransaction />
      • <EtherspotContractTransaction />
      • <EtherspotApprovalTransaction />
      • <EtherspotTokenTransferTransaction />
  • BUIDLER React Component
    • Introduction
    • Installation
    • Integrate React Component
    • Shared Sessions
    • Wallet Connectors
    • Blocks
      • Send
      • Batching Transaction
      • Multicall Transaction
      • Swaps
      • Bridges
      • Custom Contract Interactions
      • Styling
    • Build Your Own Block
      • Cross-chain KLIMA DAO Staking
  • Etherspot SDK Guides
    • Requirements
    • Install Etherspot SDK
    • Bootstrap Etherspot SDK
      • Instantiate Etherspot SDK
    • Events
    • Etherspot Block Explorer
    • Etherspot Playground
    • Social Login using Etherspot SDK
    • Sponsored Transactions
  • Use Cases & Guides
    • Crosschain Streaming
    • Token Swaps
    • Transactions
      • Historical
      • Sending
    • Multi-chain Bridges
      • ERC20 Bridge
      • DAI - xDai Bridge
      • xDai - DAI Bridge
      • Native Token Bridge
    • Custom Contract Interaction
    • Multi-chain Assets
    • Multi-chain Gas Prices
    • Peer-to-Peer Payments
  • Reference
    • Etherspot SDK API Docs
    • Etherspot SDK on Github
    • Etherspot on NPM
    • Etherspot Playground
    • Etherspot Block Explorer
    • Etherspot Architecture
    • EIP-1271
    • Etherspot/Pillar Audit
  • Brand Assets
    • Etherspot Brand Assets
  • Security
    • Security
  • Get in touch
    • ⚒️Discord
    • Twitter
    • Telegram
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  • Improved security with Smart Contract based wallets:
  • Emergency kit:
  • ERC-4337:

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  1. Security

Security

PreviousEtherspot Brand Assets

Last updated 2 years ago

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At Etherspot we understand the heightened importance of security within web3. We believe in the importance of correctly audited smart contracts and all of our currently used smart contracts in production have gone through an audit with Consensys. This can be read .

The scope of this audit is these contracts shown .

We are consistently doing security research internally to ensure we are on top of the current meta.

Another incentive we have is the bug bounties on hackerone for Pillar Project. Pillar is powered by Etherspot APIs so a lot of what is in here is in the same scope.

We also have automation tools in place that constantly monitor for potentially malicious activity on our platform.

Improved security with Smart Contract based wallets:

One example of a common transaction is to approve an ERC20 token using an EOA based wallet. When we approve this, the user must then revoke the approval themselves at a later opportunity, which can potentially be a security risk.

With our wallets, only the amount that is needed is approved, and it is automatically revoked in the same trasnaction. This is one of the many examples of improved security using SC based wallets.

Emergency kit:

To ensure assets can never get locked with any Etherspot contracts, we have emergency methods of retrieving funds for users. Users can call these methods directly via explorers.

ERC-4337:

Moving towards the next stage of account abstraction we plan to continue with our tight security and get all of our new 4337 based smart contracts audited.

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