In this update, as the elliptic keys version is being gradually rolled out to users, we wanted to elaborate on how elliptic keys contribute to the security and usability of Agrello Digital Identity. You wanted an effective and secure solution for managing and recovering digital keys and wallets in case of losing access to your mobile device. Our solution based on elliptic keys provides these capabilities, whilst reducing any possible exposure of private keys and working natively with public blockchains.
Elliptic keys have crucial advantages for Agrello ID
There are a number of advantages to using elliptic keys to secure Agrello Digital Identity. Compared to RSA, elliptic keys are smaller for the same level of security, and generating them requires less resources, which is particularly important when we generate and store keys on a range of mobile devices. As elliptic keys are the de-facto standard in blockchain space, they give Agrello ID capabilities to natively interact with Smart Contracts and sign blockchain transactions. These signatures are then directly verifiable on blockchain.
How they are generated and used
With the Agrello ID app, elliptic keys are generated on your mobile device....
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