As a seasoned crypto investor with a background in cybersecurity, I’m intrigued by TipLink and their new wallet adaptor. The ease of onboarding for newcomers is an attractive feature, especially since many people are intimidated by the process of setting up a traditional crypto wallet.


TipLink, a cryptocurrency wallet startup based on the Solana (SOL) blockchain, aims to attract novice users by eliminating the need for browser extensions for managing digital wallets.

The TipLink Wallet Adaptor functions as an in-browser wallet connected to an individual’s Google account. It eliminates the need to establish a more complex wallet like Phantom or Solflare prior to receiving cryptocurrency tokens.

“It unlocks the rest of the world for easy onboarding,” said CEO Ian Krotinsky.

TipLink’s builders believe that the simplified approach will be more attractive to the large population of internet users who don’t possess a cryptocurrency wallet or the technical know-how to establish one. Instead, they can be provided with a link to a wallet, log in using common login credentials, and proceed.

As an analyst, I understand that some dedicated self-custody advocates might take offense to this approach, as their mantra is “not my keys, not my coins.” However, I share Krotinsky’s perspective that prioritizing security over convenience is essential. The app intentionally keeps private keys out of reach to minimize the risk of accidental exposure to phishing attempts. Google’s robust security protocols, including two-factor authentication, significantly strengthen users’ defenses against potential threats.

As a crypto investor, I wouldn’t recommend storing a million dollars in its current form due to the lack of sufficient security measures in place. However, the team is actively working on enhancing security features by adding “extra layers of protection” for the future.

TipLink operates within a secure environment specifically designed for dapps. It engages solely with apps that have undergone rigorous screening to guarantee their safety and trustworthiness, as per the information presented in a promotional video obtained by CoinDesk.

TipLink is introducing a new “Pro” version, allowing developers to effortlessly share their cryptocurrencies with large audiences through campaigns by distributing links.

Read More

2024-06-11 18:44