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Now that Rabby has both a browser extension and a mobile app, It would be awesome if we could have a 2FA implementaion based on threshold signing. e.g.
Split a ECDSA key into 2 shares.
browser extension stores one share.
phone app stores other one.
The two communicates via MPC and generate a valid signature.
This way approving a transaction via 2FA needs no additional gas cost, as opposed to something like Safe multisig, since 2FA authentication logic is handled off-chain.
Benefits of 2FA
Currently, when someone steals my laptop, he could steal all my coins. 2FA wallets can mitigate this risk.
Now that Rabby has both a browser extension and a mobile app, It would be awesome if we could have a 2FA implementaion based on threshold signing. e.g.
This way approving a transaction via 2FA needs no additional gas cost, as opposed to something like Safe multisig, since 2FA authentication logic is handled off-chain.
Benefits of 2FA
Currently, when someone steals my laptop, he could steal all my coins. 2FA wallets can mitigate this risk.
Schemes we could use
Lindell17 https://eprint.iacr.org/2017/552
GG18 https://ethresear.ch/t/fast-multiparty-threshold-ecdsa-possible-on-ethereum-today/5524
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