#Announcement
The Multi-Owner Account Announcement
We unveiled a groundbreaking security feature: The Multi-Owner Account (MOA). This next evolution of multi-sig equips Starknet teams with advanced tools for managing contract upgrades and treasury funds.
Project logo imageBraavos - StarkNet Wallet2023. 7. 25
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We have some exciting news to share with you! Last Friday during StarknetCC Paris, we unveiled a groundbreaking security feature: The Multi-Owner Account (MOA). This next evolution of multi-sig equips Starknet teams with advanced tools for managing contract upgrades and treasury funds, boosting security and efficiency ๐Ÿ›ก๏ธ

๐Ÿ’กThe MOA employs account abstraction to enable cooperative on-chain transaction control, making it a match made in heaven for teams or organizations where unique wallet ownership is the norm. Transactions are only executed once a predefined number of owner approvals is met.

๐ŸŽ The benefits are numerous:

  • Empowers on-chain team control, putting a stop to one-sided transaction risks.
  • As a self-reliant account, MOA handles its own gas fees.
  • Brings in a host of enhanced security alternatives for each owner (think 2FA, 3FAโ€ฆ).

โš™๏ธ Plus, the MOA smoothly integrates with any dApp, just like any conventional account in your wallet.You can easily add or remove owners, and adjust the minimum signers required for transaction approval at any given time.

๐Ÿ“š Keen to set up an MOA in your Braavos wallet? Check our latest twitter thread: https://twitter.com/myBraavos/status/1683809167083986946?s=20

๐Ÿ”ฅ Against traditional Safe multisig accounts like Gnosis Safe, MOA shines with its ability to cover its own gas fees, flawlessly link with dApps, and offer a spectrum of security measures, ranging from a simple Seed Signer to 2FA, 3FA, or even morphing into another MOA.

Don't forget to share your thoughts and ask questions if you have any. Let's get the conversation started! ๐Ÿš€

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