The Ethereum Foundation said in a recent announcement that it supports Spruce’s vision for decentralized authentication. Spruce thus believes that his login system can offer a decentralized alternative.
Ethereum Foundation – Data security and identity verification
The Ethereum Foundation (EF) and the Ethereum Name Service (ENS) said in a recent announcement that they support the proposed Ethereum (ETH) secure login system from Spruce software.
Consequently, Spruce was selected. This after submitting proposals for foundations that encouraged developers and software companies. Therefore, the announcement states that Spruce aims to give users control over their own online identities and offer an alternative to the transfer of personal data.
“We are excited to announce that the Spruce design has been selected as the winner. We have already started a best practice survey, user survey, specification design, and system implementation.”
Spruce notes that the Ethereum ecosystem already has tens of millions of active users signing their keys for financial transactions, community management, and more. The company intends to work closely with the Ethereum Foundation. The Spruce team states:
“The security of these wallets are probably worth something around of the billions dollars. By standardizing this workflow, millions of Etherea users (ETH) will be able to use the digital identity they fully control for seamless Web access.”
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In conclusion, we may see more control over our data soon. In this sense, similarly, decentralization provides excellent security and emphasizes security. The object of security can be tricky with cryptocurrencies. That is why Ethereum foundation and others are trying to improve the security of the whole network.