Tobias Schubotz's profile on Product Hunt

Tobias Schubotz

Product Manager @gnosisSafe

#98804@tschubotzsafe.gnosis.io

Activity 1 Made 181 Following 92 Followers

Joined on November 2nd, 2014

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Productivity, Crypto, Tech

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Hi Product Hunt 👋, I'm Tobias, Product Manager of the Gnosis Safe. Along with Stefan George, CTO of Gnosis, Richard Meissner, Tech Lead of the Safe, and an amazing team of developers, designers, and marketers, we've built the first smart contract-based Ethereum wallet for mobile. The Gnosis Safe provides anyone—both new and advanced Ethereum users—with a convenient, secure way to manage their ETH & ERC-20 tokens and interact with the decentralized web. Why is this a big deal? Decentralized wallets today use externally owned accounts (EOAs) on Ethereum. EOAs are controlled entirely by a private key—the only thing that stands between you, the user, and full control of your wallet. This means that if your private key is lost or compromised, your funds are no longer secure. Imagine that if you lost the password to your bank account, you'd lose all your savings! The Gnosis Safe is here to change exactly that. Operating entirely with smart contracts, the Gnosis Safe offers multi-factor authentication for transactions, meaning that no one else can ever gain access to your funds, even if they steal your private key! Similarly, in case you lost it, you still remain in full control of your wallet: Each transaction must be signed by the mobile app and a secondary device (via a browser extension). Therefore, your Safe can be controlled from multiple devices, without any device ever having full control over your funds. Being built entirely on smart contracts, the Gnosis Safe allows for additional features in the future, such as advanced recovery methods beyond manual private key backups, and improved integration and interaction with decentralized apps. Looking forward to hearing your feedback!

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