Table of Contents
Intro and Disclaimer | Agenda | SafeMoon Orbital Shield™ | Orbital Shield™ Q&A |
Intro and Disclaimer
[Timestamp 00:10:05-00:10:45]
Cats: Hello, everyone! How are we all doing today? I’m your host, Cats, and I’m joined by fellow educator, Gandalf. We’d like to welcome you to MoonCast, a SafeMoon Education podcast. I’d like to make everyone aware that this is an educational podcast where we are able to answer the questions of the community. We do not make any announcements during this cast unless previously advertised. We are looking to bring education to the front of the SafeMoon Army. Please understand everything you hear today is used as educational content only and not treated as financial advice. You must always look to complete your own due diligence before making any financial decisions. So, without further ado, welcome back to episode 57.
Agenda
[Timestamp 00:10:46-00:13:54]
Cats: Welcome everyone! Welcome back to MoonCast. It has definitely been a fair bit of time. I can’t even remember the last time we were here– obviously we were speaking to one of the partners last time I believe. Let’s have a quick look and see who it was because I totally forgot. Gandalf: Was it Pawth? Cats: It was Pawth, yes, and they spoke about their Swap and how their ecosystem is going so I know we had them on–
Gandalf: It feels like several months ago.
Cats: It was officially, let’s see 1 month ago, the 16th so just over a month and a bit. So, about 6 weeks ago. So it’s been awhile–
Gandalf: So a month. *laughs*
Cats: But yeah, let’s see. Welcome guys we’re here to kind of give you a bit more insight beyond the Beta testers. It was known and has been made public that we have now opened the floor up to additional beta testers from the sort of the closed beta testers of SafeMoon Orbital Shield™. So, we kind of wanted run this MoonCast to give you a bit more information about exactly is going on with Orbital Shield™, what it is, how it works, just some of the base understanding of why it is and what it is is more of the question because I’ve seen some confusion with potential speculation. I just want to kind of clarify some of that and hopefully give you a bit more of an understanding of what Orbital Shield™ is and why it exists.
Everything that you will hear from me today is already on beta.safemoon.com. So, you can go over there and look at some of the information that is already live on the site but, with that being said, not all of that information is released content so some of the information may not be up to 100% understanding because we haven’t gotten that far in terms of releasing that content– ultimately that will come with the release. So, how would I put it– more clear understanding and explanations will become more apparent as we go forward but that being said that information is public so I kind of wanted to clarify some of those confusions that we have.
SafeMoon Orbital Shield™
[Timestamp 00:13:55-00:33:12]
Cats: Going to start by reading exactly what it is. Again, this is all on beta.safemoon.com, so go head over there and you can read along if you’d like and we will then after we’ve kind of confirmed all the information we will then open the floor to questions. SafeMoon Orbital Shield™ is in beta, it is still in development, we are still working through everything that needs to be done for Orbital Shield™. We’re taking all the feedback and looking to make it as strong as possible. Now this isn’t just any ordinary update to the wallet, it’s not just another feature. SafeMoon Orbital Shield™ is a brand new patent-pending security product and it is a product in itself. Yes, it is a feature of the wallet, however the product itself Orbital Shield™ is expandable and it could have a wide range of use cases. We’re just implementing it first on the wallet and we’ll have to see where things go from there. As one of the initial implementations of this new technology, SafeMoon is applying it to your cryptocurrency wallet as part of a login and wallet protection system. Now, in terms of the practicality and everything that SafeMoon stands for in terms of the 3 main things– what are those Gandalf? I’m testing you.
Gandalf: Transparency, Security and.. Communication! *laughs* Cats: Come on, Accessibility, Security– I’m testing you. I am testing you, I’m going to hold you to it. Gandalf: Don’t you dare. Cats: I am, I’m going to hold you to it. So, while Gandalf works out what we stand for we’re going to continue until he can come back to me with exactly what we stand for but the main one being accessibility–
Gandalf: Quality, Accessibility and Security, wasn’t it?
Cats: Yes, thank you. *laughs* Gandalf: Yeah, see? I knew it.
Cats: Thanks
Gandalf: *laughs* You’re so mean!
Cats: Thanks– but the main one being accessibility. Accessibility has come a long way as a whole in the entire crypto industry. I’ve been in the industry since we had to calculate our own gas. We’ve now come a long way since then of being able to calculate and have it auto-calculated and a lot of automatic process done for us and it’s kind of the same process of how you got onto the internet back in the day if you were in the early 2000s that progression wasn’t very easy back in the day. Now, it’s as simple as just connecting your device with your security key for your router or whatever.
So, the process and accessibility is key. With that in mind, SafeMoon wants to implement and is implementing a login system to your wallet. Now, you currently have a password of sorts that keeps a local security to your device. That’s just a local security– it’s just essentially a username and password to kind of stop basic generic attacks of sorts. However, it doesn’t do a great justice with keeping your device secure, your wallet secure as such, from a device level.
Now, before I can kind of explain more about the login system itself, I do want to make it clear that the Orbital Shield™ in the initial stages of being applied to the wallet doesn’t protect you against blockchain measures. If you connect to a dapp, if you connect to something, if you interact with any of the malicious links or anything like that, Orbital Shield™ will not protect you against that. That is down to a user and an individual-level to make those decisions and follow crypto best practice. In terms of Orbital Shield™ itself, it is just a device security, a login security, it’s your wallet itself security. It’s the whole package that all comes together with the key ingredients being accessibility. That’s not to say that this sort of technology couldn’t be applied elsewhere in the future, however, we aren’t Binance, we aren't Ethereum, we aren’t Avalanche– we can’t just apply security measures to their chain. So, that is down to the chain provider to provide security and reassurance. What we can do is at least make sure your wallet is secure for things such as man-at-the-middle attacks, brute force attacks, those sort of attacks that put yourself at risk but again let’s just say applying the accessibility feature.
You first load up the SafeMoon wallet following the release of Orbital Shield™– you will be given a brand new welcome screen, a brand new home screen of Orbital Shield™. I want to give huge praise to the UI team. They’ve done a phenomenal job in making this entire registration process and everything up until you get back into your wallet– it’s just flawless, I would say, in most cases. Nothing is ever perfect but it has been flawless from the iterations that we've had in the early beta to where it is now– the development has been astronomical.
But as I said, this isn’t just an ordinary login system. SafeMoon has taken the login process to the next level by allowing its users to have a familiar username and password without introducing the problems that it usually brings. This is because Orbital Shield™ is using methods to prevent SafeMoon from knowing or storing your information.
So that's the two kings– we have accessibility and how easy and streamlined it is, but then we also have the security aspect which is that SafeMoon isn't storing your information. Ultimately, what SafeMoon is doing is storing encrypted code, and in this case in SafeMoon Orbital Shields™ case is anonymized encrypted code and no one at SafeMoon will have access to that. No one anywhere would have access to that. Ultimately, this information that you submit is randomized and then encrypted. And that is the key point, is that your data is protected by not being your data, essentially. If you were to look at your data in terms of code, it wouldn't make sense and that is protected by the 256 bit encryption and is ultimately where the protection lies.
Now, I want to give a little bit of statistics. People said, well, what about quantum computing and all of this. In terms of breaking 256 bit encryption, a quantum computer would need to have around 30,000 quad bits of processing power to break a 256 bit encryption at I think it was about 8 hours the study was. To put it into perspective, quantum computing is sitting at about 50 quantum bits of processing power. So we're a long way from that 30,000. And to put it into perspective, if it is that people are looking to break 256 bit encryption– it's basically a standard level of encryption– they aren't coming for a SafeMoon wallet. They would be attacking bigger and more infrastructure kind of things. But that's kind of the statistics on quantum computing, I just wanted to give you it in terms of that level.
What am I going to see when I'm in the wallet?
Cats: Well, nothing is going to change from the perspective of the way you use the wallet, the way you interact with the wallet, or what you do on a day to day basis. There's no real difference in that perspective. It's just the way you access the wallet, which is via the username and password. And if it is your first time, you will need to apply your security questions as well. So, there's three pieces of information that you need, which is a username, password, and then those security questions.
Now, the easiest way to stay the security questions is to treat these security questions ultimately like you would your social security number– treat them as secure as you would any other piece of information. Those are ultimately one of the key things other than your username and password that need to be protected. And if you're like me and have multiple wallets, I don't want to have multiple different things separated out. So having it all under one username and one password is ultimately a very, very big accessibility feature.
But as I say, all this is protected and secured by what is called the SafeMoon master wallet. So the SafeMoon master wallet is applied and generated upon you creating your account. Once you've created your account, you'll be given this master wallet. Now this master wallet is locked to your account– your login details. It is locked to what is ultimately Orbital Shield™– the username and password you generate, that is where your information is stored with that master wallet. And essentially what this master wallet does is allows you to attach itself to your other wallets. So you may have a wallet such as, I don't know, I've got quite a few old wallets, for example, and they're all like 12-word recovery phrases and that's only 128 bit in terms of security. So we need to bump up the other wallets that you may associate with your login. So by doing so, we're able to bring across all of your other wallets and secure them with this master wallet. Now, overall, it may not be 100% clear. And, you know, we're not going to get into the finer details of math, but you have essentially your master wallet and then you have all the other wallets associated with that wallet– that's what creates the linking system and the syncing system. You don't have to have all of your wallet synced to the SafeMoon Orbital Shield™ login. You know, some people have stated that, "oh, I don't want all my details, you know, secured to one login system and that could cause issues." And that's entirely fine if you want to not have them linked, you can do that too.
So, linking wallets to the master wallet, you can do that– you don't have to. The only thing that you would need to do if you want to move devices is link them, move devices and then unlink them. There're a few options and as we move to the release, content will show you more visuals of an understanding. But this is just to give you a bit of an explanation.
There's a wide variety of different use cases, but in this case, why is SafeMoon Orbital Shield™ important?
Cats: SafeMoon Orbital Shield™ is designed to protect its users and SafeMoon as a company through the anonymized encryption process, your information will remain secure, even if a breach happens on SafeMoon side. SafeMoon has produced a fully working login system without the need to collect personal data. This is important when you're working within the DeFi or Web3 hybrid space, as there is a form of anonymity to keep alongside an ever increasing need for exponentially robust security. And that just goes back to keeping your data secure– we don't want your data SafeMoon doesn't want your data as a company. We don't want it unless it is ultimately legally required– you know, those things like KYC. And even then, if we don't have to have it, we don't want it. And in this instance here we're able to provide a login system without ever needing to store your data or have access to your data. So keep that in mind.
And in terms of security, companies spend hundreds of thousands or even millions of dollars to create a robust security system and we're able to potentially provide that service as well, but we'll have to wait and see how the fully released schedule for that happens.
How is it different?
Cats: You may find a few other products similar to SafeMoon Orbital Shield™ in that they're offering login protection, however, none are offering the level of protection SafeMoon Orbital Shield™ is offering. SafeMoon protects you with the login system and additional security features. In addition, you're able to integrate a very accessible ecosystem that SafeMoon continues to expand and innovate on.
And that's the big key, we're expanding on an ecosystem that people get to experience while keeping them secure, by making it accessible, and just making it a well-rounded ecosystem. When it all comes together and again, I spoke about this before, which is the concrete, once the concrete is set, we can start working on additional features.
Some of the key things to mention within it– I've kind of already touched on some of this, but I want to kind of rehash it is 256 bit encryption with an anonymization. Upon registration, your data is anonymized and then encrypted with 256 bit encryption allowing us to store the encrypted anonymized data. So the easiest way that I can explain this is imagine we take zeros and ones and change that to ones and zeros. We randomize that code and then we encrypt that randomized code. Then we store that randomized, encrypted code. That is the easiest way to explain it. It does go in more complex than that, but that's the easiest way to explain it for those that are listening. And the information only stored on the servers is that encrypted anonymized data. On the website, if you want to take a look, there is an example of kind of just a random piece of code that ultimately is what we're storing. And again, the only way to decrypt that is with your username and password. No one is able to decrypt that unless you've got the username and password. And in some cases you will need that additional step, which is the security questions too. We've mentioned the master wallet and I will be able to talk more about that master wallet because I'm sure people have got questions on that.
There's no need for recovery phrases. With the whole Orbital Shield™ process, the idea is that you're able to have all of your wallets in one place without the need to store your seed phrases or recovery phrases elsewhere. However, we always recommend that you have a hand written down paper copy stored offline, completely decentralized, not connected to anything. I will always recommend having that as a backup because let's just say the internet dies out or something crazy. You should still be able to access your wallet with the seed phrase at the very, very least. But that being said, we're looking to provide that accessibility to having all of your wallets in one place.
Users will be able to securely sync multiple wallets during the installation using Orbital Shield™. That is just a touch again to the UI in the way the UI has been designed. Let's just say you have three devices, as an example, and you've just created your login details on one device. If you then try to log in on the other new device you've just updated, so you've now logged in on all three, there's a UI process upon logging in to merge all of those wallets onto one account and there's an entire process. So if you have multiple devices and you log on all of them and you want them under one login, there's an entire process for that. So we have thought about the entire safety aspect of when you are looking to move into Orbital Shield™.
What does the future hold for SafeMoon Orbital Shield™?
Cats: The journey begins with its implementation within SafeMoon's highly rated wallet application for iPhone and Android. SafeMoon Orbital Shield™ technology will also appear in more of the upcoming SafeMoon products over time, delivering a more secure, streamlined, and enjoyable experience. Beyond the SafeMoon products, you can expect to see the SafeMoon Orbital Shield™ show up in special partnered collaborations, not just within Web3 space, but also within existing product systems that could benefit from dramatic, improved security. And again, did we mention the security is also incredibly fast? Speed of encryption is a roadblock for many systems looking to increase their security. SafeMoon Orbital Shield™ brings a new option to the table that doesn't have to compromise on encryption at the expense of speed. And that, again, is another major point, is the speed of how quickly it is to log in and how quickly ultimately the decryption of your login happens when you provide the username and password. It is huge and it is exciting to be experiencing the speed while also the security of this entire product.
If you are a beta tester, we appreciate each and every one of you for testing. And as far as sign ups, if you want to take part in the beta– I'm not too sure how many are left or if they're all taken. I'd have to double check. But yeah, we appreciate each and every one of you for looking to make this a robust security product and complete a part of the ecosystem. It's definitely a robust system and we appreciate the way that guys have come across from the beta testing and ultimately provided that feedback to make it as streamlined a process as possible. And again, I'm just going to touch on that UI process because it is a phenomenal job from how accessible this entire process is. So if you are a tester, let us know how you found that experience and how easy that was. If there's any way we can improve anything at all, let us know– you can all do that through the support tab on the wallet, there's a support tab section, you can provide all your feedback there and they'll provide it directly back in a more streamlined, efficient manner.
Orbital Shield™ Q&A
[Timestamp 00:33:13-00:13:54]
What are the benefits of linking to the master wallet?
Cats: So the master wallet, as I've mentioned, is the key to providing your entire login with 256 bit encryption. If we were to just allow you to use any regular wallet, you'd have inconsistencies with the level of security of what we can apply through the cryptography. Here it just provides you ultimately the benefit of the 256 bit encryption and we're moving all of those wallets that you decide to link under that protection.
And again, not all the wallets have to be linked. You can have devices logged in on different devices, but also then have them not synced. So I can have two devices and have four wallets on each, but only have two of them linked. So you can choose how and which devices have access to what, but if you want to move them to the other, you will need to link them. And again as just part of the linking process. So it'll become more clear once you are able to experience it for yourself and it will become more understandable. But the master wallet is there just to provide that 256 bit encryption and make sure that any of the other wallets that you're trying to link are also under that, you know, entire security level, advanced encryption standard (AES). And so that's what the master wallet's there for.
Yeah so I know there's been a lot of questions in relation to how it all works. Obviously it is a patent-pending technology and ultimately there are things that we are looking to divulge or dive into the mechanics of exactly how it works. But we were able to provide most of that information. You can also go through and check on some of the FAQs we're working through with the community based on their questions and sort of like run through them.
So what data is stored on the servers?
Cats: Only encrypted anonymized data is created with each log in. We anonymize that data and then encrypt that anonymized data before storing it. So we're only ever storing information that is in random code– which again, to the naked eye, shall we say, is random code, but to the system it's encrypted, it's anonymized, and only your username and password can make sense of it. Ultimately, this replaces the username on our server. So let's say for example, your username is cat'sofficial123. On the server it may look like a1394baczfG:!.R. It's random, it won't make sense to the user looking at it, but to the system it's secure so no one at SafeMoon will know what it is. No one will know what that information means or what it is associated with unless it is an example for this circumstance where you have your username and password to decrypt that.
How will this make my SafeMoon experience better?
Cats: As an ecosystem grows, the SafeMoon login system can be adapted to allow easy to log in to any of the SafeMoon products while maintaining that continuous high level of security without collecting your data. We're able to provide you a login system without truly collecting your data. Yes, you have to input your data, but we aren't collecting that. We don't want that information– that is for you. That's the whole point of keeping that anonymity and decentralization portion of web3 DeFi.
How do I know the security is any good?
Cats: The security has been integrated and developed by experts within the industry. These experts have worked with many high level companies and individuals, including the US government. The technology is backed by years of development to ensure that it is as secure as it can be at the time. And again, that's at this current time. As we continue to progress and develop and technology moves forward, the security will always be a point to be reassessed and redeveloped. Just because it is one of the most robust security systems right now, we'll have to always continue to be ahead of the game– one of those things, which is quantum computing, we're not at any level near the way to break encryption at the moment. But, you know, 100 years from now, you know, I might not be here, but technology may be advanced enough that we're flying around in spaceships. So who knows?
What happens if I lose my wallet?
Cats: You can never lose your wallet as long as it's registered with the username and password. So as long as you know your username, password and two security questions, then you're never going to lose your wallet because there is always going to be associated in terms of the encryption and decryption process. However, again, we would always recommend that at the very, very least, you always have a handwritten– some people may have the plates that you can imprint your seed phrase to. However it is, as long as you have some form of copy of your recovery phrases, at the very least, you'll be always 100% able to get back into your wallet. I'm sure we've all heard of the story of the gentleman with the Bitcoin wallet that's in a landfill. There's like $250 million worth of Bitcoin in a landfill because he ultimately lost his hard drive. And we wouldn't want anyone not to have their funds. But that being said, this system should be accessible and always accessible for those that have a username, password and two security questions.
What happens if I lose my phone?
Cats: If you lose your phone, again, you don't have to worry. You can simply just log in with your username, password and security questions, and you'll be able to sync all the wallets that are linked via the system. Now, if it is that you have your wallets not linked in any way, shape or form– so again, I use the example of having four wallets on one device and two linked– if you were to log in on a new device, you would only have the two linked wallets. So that's again, something that you may want to take a precaution on. Again, as we say, storing your seed phrases and having them written down on a piece paper somewhere or whatever it is, however you want to store that. But that being said, if they're all linked and you're happy to have everything linked, then there you go– you're secure. Because again, they're all linked via this login with the username and password.
How do I install the new wallet on my phone?
Cats: Same as always. You would go to the app store once the Orbital Shield™ update has released and the product is released itself and you would just download the wallet as normal. It would just be the same wallet you're using today, just an updated version.
Why do you ask security questions?
Cats: If you happen to forget your login details, you will need to provide information financing the security questions to provide the authentic ownership of the wallet itself. Once you've been authenticated, you will be able to recreate, resync and log back in to your wallet to gain access to all your wallets. So security questions have many different factors for why you need them. And the main two places is if you're looking to reset your information, the security questions are required and if it is that you want to log into a brand new device, you will need to provide the security questions. Once you're logged into your device, your wallet application will become associated with your device and will ask you again for those security questions right away, but it will always ask you for your username and password. Now we do have biometrics in place– face ID, fingerprint, two-factor authentication in that aspect of the biometrics, it's all implemented and ready to go.
Why do you need my email address?
Cats: Your email address is a unique identifier that confirms which information belongs to you. As SafeMoon Orbital Shield™ expands across the SafeMoon ecosystem and integrates into future products, we need to have reassurance that you can recover your details if you forgot your login information. So there is another portion to this and I'm not going to confuse people, but essentially there's another section that it kind of gives more in depth of sort of how we're able to connect information without ever having information, and that is via unique identifier code. So again, treat that random information that we encrypt and store as just another piece of random code and information that connects to that random piece of information in code. I have visuals in the future to explain that it'll be understandable in the future.
Can I use my existing wallets when I register with the SafeMoon Wallet?
Cats: Yes, 100%. Any wallets you have currently right now are transferable to your new login that you receive. So again, the UI process will take you through that journey and that experience to make that as streamlined as possible.
Will there be education videos explaining SafeMoon Orbital Shield™ regarding what SOS is and getting more information once the product is free and open?
Cats: Yes. There's going to be educational content on this– still finalizing some of the final pieces that go to associate this. You're gonna have a great wide variety of understanding and some visuals and there will be articles, but they're visual graphics. There's going to be multiple different parts that make it clear and to understand what it is.
Can SOS be implemented for other companies too?
Cats: 100% As we said, it is expandable beyond the web3 space and into the web2 space. So you may see it appear in other places. However, we don't have this right now in relation to the release date because we're still working on it for ourselves, but you could see it in the future expand into other ecosystems– special partnerships that we already have with our current partners, that sort of thing. So 100%.
Is Orbital Shield™ an app?
Cats: No, it's a security product that's developed by SafeMoon that has been integrated into the SafeMoon wallet. And you could see it expand elsewhere. Again, SafeMoon Orbital Shield™ does not store your data.
What is the purpose of the master wallet?
Cats: Okay, so I'm going to give you the definition that I wrote for the master wallet. And apologies if this still doesn't make the master wallet understandable, it becomes more understandable with visuals. And as you experience the wallet, you'll understand more of it. The master wallet is required to maintain the 256 bit AES, advanced encryption standard, as a 12-word recovery phrase doesn't have the same level of security as it only has 128 bit, which isn't the level of protection we're trying to achieve. By creating this new master wallet, the user is making the master wallet that maintains the highest level of security to overcome with the security integration. Additionally, each wallet added gets protected by this high level of security. So kind of see it like a family tree– you have, you know, your father, your parents at the top, and then you have all your other wallets below parents, i.e. the children. And they're all secured by the parents, so to speak. It's kind of probably the best way to explain it.
Can I use Orbital Shield™ in other wallets?
Cats: SafeMoon Orbital Shield™ is launching with the SafeMoon Wallet. As time goes on, there are most certainly potential opportunities that this product could be utilized by other wallet providers and other forms of login systems and so forth. So who knows, there's the possibility, never rule anything out, but we can never guarantee anything either– we have to wait and see.
If the master wallet is a 256 bit, will it have a 24-word password seed phrase instead of a 12-word?
Cats: Yes, that's exactly it. If you have a 12-word right now, your protection level, encryption level would only be up to 126 bit. So the master wallet created with a 24-word seed phrase provides that 256. So that's why, again, we need that master wallet to make sure everyone is at the highest level of protection.
If my email is compromised. Can SOS be reset via email?
Cats: No. The only way you can reset your details is via the username, password and security questions. So when you have a look, if you want to see more visuals on it, we can provide some screenshots online as well on Twitter if need be to give you a more visual, but no, your username, password and security questions are the only thing that you need to reset your password. But again, if you treat your security information in a similar fashion to your bank account number, your bank details, your passport details, whatever it is, whatever numbers you have associated with your life– if you treat them the same way, you should be fine. We've done security articles to explain social engineering, we have some guides on potential best options for how to keep yourself secure via the likes of what do they call it, security questions and how to best answer them. So we will give you some techniques there.
So, head over safemoon.education/security. Head over there, there's a lot of best practice guides on what is best for you. You can kind of take and decide which works for you, which doesn't work for you. I give some general operations of how I operate my wallets and how I structure myself, and there's just some general best guides on how to keep yourself safe.
Could you create a custom security question?
Cats: Yeah. So we've done our best to choose questions that are harder to social engineer– that's one of the big things with security questions, is the overall social engineering aspect of how easy things are. You know, if we start asking things like, what is your mother's surname or your mother's name, they don't even need to do anything. They just need to know who you are and then go on to one of your social media platforms and probably find your mother's name there, so we kind of want to step away from that. So you'll see some questions already preloaded or you can choose your own if you prefer to have a completely custom question, so you have the option for sure.
Why don't we receive an email or a confirmation email when going through the renew password process?
Cats: That's the whole point of not wanting customer data. So, when you create your account, the information is encrypted and anonymized, encrypted and then stored. So we're not storing any of your information and we don't know that information. In this instance here, when you are creating an account, you are provided with a verification just to confirm your email is live and legit and that is all done in real time– nothing is ever stored. You send a request, we send it, that's it. It's done. You get your verification code and you approve it. And then from there we don't store that at all, so we don't store any of that information. If we go back and we need to email you, we can't, we physically can't because we don't hold that information.
However, like I say, there are things like the unique identifier code that I talked about before and there'll be more details on that in the future. So who knows? Again, this is just a minimum viable product. This is the initial form of securing your wallet and giving you a huge accessibility feature while also keeping you robustly secure. And then it can always be developed and it will always continue to get better.
In the same way the wallet did and the wallet has over the last 12, 13, 14 months, the wallet has progressed a tremendous way from where it started to where it is now, multiple chains and continue to be expanded upon. So definitely room for expansion and development as time goes on. So again, if you have a feature, you have a request that you potentially could see for Orbital Shield™ definitely fire it our way.
Does SOS store anything on the user's phone that can be easily read?
Cats: So the only thing that is stored is the anonymized encrypted data. Nothing is stored anywhere. The only thing that, as I mentioned before, your application, your wallet is associated with your device so that you're not required to enter your security questions every single time you log in, because that would be inconvenient and that wouldn't be accessible– that would be more of an annoyance. But if you were to delete the app, log off the new device, whatever it is, you would then be required to ask those security questions.
But nothing is stored on the device itself. Everything is encrypted and protected and then decrypted every time you put that username and password in. So everything is robust in that sense. But again, I'm not 100% caught up on the mechanics and the backend of the algorithm and how it all works, because that is beyond my expertise. That is something that is ultimately part of the company, part of the development, which is done by the industry-leading experts that have spent many years developing and integrating sorts with that journey. So yeah, I can't comment too much further on exactly what that is.
Are you able to use the main wallet as a regular wallet?
Cats: Yes. So the master wallet itself is just a regular wallet. It's a 24 word recovery phrase wallet. So you can treat this. And if you are a new user, brand new user to crypto and you sign up for the SafeMoon wallet with SOS integrated, then you will be given a master wallet as your first ever wallet. Then from there, you're then able to use that wallet and continue to use that wallet on a daily, you know, your daily basis, if you want to generate more wallets, they come associated and so forth. So you have a choice in that aspect. So yeah, it does have its own recovery phase.
What's the current minimum SOS password length?
Cats: It's the same current that we have right now, minimum eight.
So yeah, I can answer anything in relation to Orbital Shield™, but I can't look to answer anything on any of the products other than the wallet because that's kind of the same product in itself.
Does the username and password we use on beta version have to be the same one that we use on the official?
Cats: So if you're a beta user, you are already a part of the launch. Essentially, unless there's any fundamental changes that need to be made where you are then required to create a new account. Your accounts or login details are to say it's not an account, it's your login details will work on launch. However, you will be made aware of that if things change. But if you're a beta tester, your same details right now will exist upon launch and subject to any changes that are required.
Wrapping Up
[Timestamp 00:59:01-01:02:35]
Cats: So let's see. I think we're good. I think I'll hold it there. If it is, you guys have any more questions or want to know more about this? We will have content coming for you in the future and once it is coming to the release, I'll be able to share that content more. But this was more just to give you a generic understanding of the product itself and what it actually is. And it is just an understanding of the basics of what SOS is. And that's the key thing, is that it's not protecting you at a blockchain level. You know, we aren't able to protect you against blockchain transactions that you initiate. We aren't taking control of your wallets. We're not stopping any of that. We can't, we're not Binance, we're not Ethereum. But what we can do is keep your wallet secure at a device level and keep you less susceptible, as I said before, to the main, you know, attacks that happen, man in the middle, brute force, those sort of things. That's why SOS exists in its current form. Doesn't mean, again, as we've mentioned before, the SIS can't be expandable to further audiences and further products, but that is the current form to protect you at a wallet device level. From there, we have to wait and see. It's called product development and it takes time. And as time goes on, those products will become stronger and stronger.
So yeah any questions fire them my way if you want to know anything– you have any questions you want to ask me anything, you want to provide feedback. You're always welcome to fire it my way, fire it Gandalf's way. You're more than welcome to do that. And we'll look to redirect to anything that needs to be directed accordingly. However, if it is the you know, you are a beta tester, you can look to provide your feedback in regards to any sort of testing or any bugs, anything like that, via the Zendesk support tab that is on the beta test.
So again, thank you to the beta testers and again, thank you to everyone tuning in to MoonCast. It's been nice to get back into it and something I've been wanting to talk about for a while but haven't been able to, and now I've been able to start sharing more about it. And it's not the end. We're still going to be able to share more and more about it and give you more visual understanding. But that comes with the release content. And when we're ready to release and become closer to the launch of it being open to the wider world, then we'll look to share the details on that.
But as always, I appreciate everyone tuning in to MoonCast 57. We'll be back. I'm going to say before the end of the year, I'll say, we'll do at least one more MoonCast before the end of the year. Who knows? There may be more, but there's definitely going to be at least a Christmas sort of party special for the MoonCast. Have a great, you know, Christmas as we come into the holiday season of the year. But yeah, and who knows, I may be a bald cat by the end of the year too, so we'll have to wait and see if I shave my head again. But as always, anyway, I thank everyone for tuning in and we'll be back in due course and yeah, catch guys later.
Gandalf: Bye bye.