What is OneBalance
Last updated
Last updated
OneBalance is a framework for creating and managing Credible Accounts.
A Credible Account is an extension to existing account formats (externally owned accounts, smart accounts, stateful accounts) which allows them to make credible commitments without the need for global consensus.
Capability | EOAs | SCAs | OneBalance |
---|---|---|---|
Fast and Cheap | |||
UX features | |||
Equivocation protection | |||
Multi-ecosystem compatibility |
Web3 UX has been crippled by tradeoffs between Non-custodial and Custodial accounts, as well as between External Accounts and Smart Accounts. Credible Accounts on OneBalance cut through these tradeoffs by bringing together the best of External Accounts and Smart Accounts.