{"id":74719,"date":"2023-07-27T21:17:37","date_gmt":"2023-07-27T21:17:37","guid":{"rendered":"https:\/\/kryptodata.se\/introducing-the-optimism-wallet-receive-cryptocurrency-effortlessly-with-twitter-login\/"},"modified":"2023-07-27T21:17:37","modified_gmt":"2023-07-27T21:17:37","slug":"introducing-the-optimism-wallet-receive-cryptocurrency-effortlessly-with-twitter-login","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/introducing-the-optimism-wallet-receive-cryptocurrency-effortlessly-with-twitter-login\/","title":{"rendered":"Introducing the Optimism wallet: Receive cryptocurrency effortlessly with Twitter login"},"content":{"rendered":"<p>Beam wallet, developed by Eco, allows users to generate an address without storing seed words and can be saved using a Twitter login.<\/p>\n<p>The wallet runs in a browser window and requires no downloads.<\/p>\n<p>Users can send transactions on Optimism without owning Ether (ETH).<\/p>\n<p>To create a Beam wallet, users navigate to the application&#8217;s website, which generates a unique QR code representing an Optimism address.<\/p>\n<p>Users can display their QR code or copy the address to send through email or messaging applications.<\/p>\n<p>To back up their wallet, users log into Twitter through the application&#8217;s API and create a new password.<\/p>\n<p>The password serves as a backup shard for Web3Auth, ensuring unauthorized transfers cannot be made.<\/p>\n<p>Beam does not require users to own ETH to pay gas fees; fees can be paid with the coin used in the transfer.<\/p>\n<p>The wallet broadcasts two separate transactions: the user&#8217;s requested transaction and a pledge to pay a third-party &#8220;paymaster&#8221; account for gas fees.<\/p>\n<p>Paymasters cannot take more fees than authorized by the user.<\/p>\n<p>Beam will also be released for Coinbase&#8217;s Base network when it officially launches in August.<\/p>\n<p>User balances on Base and Optimism will be added together and shown as one total within the Beam app.<\/p>\n<p>Beam aims to simplify the user experience with crypto wallets and make it accessible to ordinary people.<\/p>\n","protected":false},"excerpt":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-07\/d123c743-5cf7-4af4-b66b-88a41f699f80.jpg\"><\/p>\n<p>Beam wallet uses Web3Auth and account abstraction to allow for seedless accounts, stablecoin gas payments and other user experience features.<\/p>\n","protected":false},"author":1,"featured_media":74720,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_oct_exclude_from_cache":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[17],"tags":[79,73],"class_list":["post-74719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-coinbase","tag-stablecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - 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