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Burrito Token Transfer Method

 
In order to improve various types of problems that may occur when transferring tokens, Burrito Wallet uses the following transfer method when transferring tokens between Burrito friends.
 

What kinds of problems can happen?

  • Wrong deposit risk
    • Due to the complex and long wallet address, it is difficult and cumbersome to check whether the exact address is correct.
  • User address information retrieved from the server is also not 100% reliable.
    • There is a possibility of server information modification by hacking.
    • If the client and server information differs, incorrect information may be called.
    • Due to the change of the wallet address depending on the time point, the wrong wallet address may be called.
 

What transmission method is used in Burrito to improve the problems above?

  • Check the wallet address directly with the address value on the recipient's mobile device.
  • Use the recipient's signature and the sender verification method for the wallet address.
  • Utilize the user's mobile device as a Secure Send Box for signatures and signature verification.
  • Proceed with the address verification process through message-based interaction between users through the message channel.
 

What is a remittance confirmation request?

  • As explained above, it is a procedure to check the recipient's wallet address in the token transfer between Burrito friends, and it is a procedure to safely transfer tokens to a friend's wallet address without entering cumbersome wallet addresses.
    • Send tokens to your friends safely with a Burrito Wallet!!
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