Just in time for the holidays, private key management firm Torus announced on Reddit today they will send Ethereum to any Reddit username or google email account.
In order to simplify the process of having to copy and paste lengthy ETH addresses when sending the cryptocurrency, Torus applies a "Name resolver" that lets users send ETH transactions using a google email address or reddit usernames.
According to a company blog post on Oct. 13, the latest version of Torus's non-custodial wallet allows users to log on using their Facebook, Reddit, Twitch, or Discord accounts.
Us with your Reddit account to retrieve the ETH we send you.
Some Questions To ConsiderUnsurprisingly, Redditors have expressed interest in knowing more about how this works, if this is a secure process and why Torus is giving away free ETH on Christmas Eve.One Reddit user asked, "What access from our accounts do you need?".
TorusLabs replied, "For a Reddit login, we just need your Reddit username and signup date.
Another Reddit user expressed concern about security, asking if the process is trustless.
"While you're testing Torus out, do join our Christmas giveaway for a chance to win $100 worth of MATIC tokens for you and your friend! Simply send any amount of ETH or MATIC to your friend through their Google email, Reddit username or Discord ID, and register on our competition site."
Although it isn't clear if Torus is giving ETH away as just a promotion to encourage users to enter their Christmas giveaway, the feedback posted on the r/ethereum community Reddit thread appears to be positive.
Most users are genuinely curious about the process of receiving ETH via Reddit or email.
Torus Encourages Users To Test Their Wallet By Sending Ethereum Via Reddit
gepubliceerd op Dec 24, 2019
by Cointele | gepubliceerd op Coinage
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