News
TipLink Targets Crypto Newcomers With Google-Powered Solana (SOL) Wallet
Solana (SUN) Crypto wallet startup TipLink is making a play for newcomer blockchain users with a service that eliminates wallet browser extensions from the equation.
Called TipLink Wallet Adaptor, it creates an in-browser wallet linked to a person’s Google account, avoiding the usual requirement of setting up a Phantom, Solflare, or other less user-friendly wallet before receiving any tokens.
“This opens up the rest of the world for easier integration,” said CEO Ian Krotinsky.
TipLink’s creators are betting that the alternative solution will have stronger appeal to the vast majority of Internet users who neither have a crypto wallet nor the knowledge or desire to create one. Instead, they can receive a link to a wallet, log in with the popular credential, and that’s it.
This may irritate the most committed advocates of self-custody, those for whom “neither your keys nor your coins” rings louder. But Krotinsky is not concerned with serving this audience. The app hides its private keys beyond easy reach to limit the possibility of users accidentally handing them over to a potential phisher, he said. Google’s security protocols are very useful, especially for users who have two-factor authentication.
“It’s currently not the place where users are likely to store a million dollars,” Krotinsky said, adding that the team is working to add “more layers of security” over time.
For example, TipLink works in a sort of walled garden for dapps. It will only interact with programs that have been checked to ensure they are not malicious or stealing funds from users, according to a promotional video shared with CoinDesk.
TipLink is also creating a “Pro” service to help developers distribute their cryptocurrencies to hundreds or thousands of linked users through campaigns.