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Torus Labs
Torus Labs is an open-source, non-custodial key management network that simplifies Web3 access by replacing traditional seed phrases with familiar social logins. Integrated via Web3Auth, its pluggable authentication infrastructure for dApps and wallets aims to increase user conversion, security, and recoverability.
Distributed
Description
Torus Labs provides an open-source, non-custodial key management network designed to make Web3 simple, secure, and user-friendly. Its core technology, integrated via the Web3Auth pluggable authentication infrastructure, replaces traditional seed phrases with familiar social logins to improve user onboarding and conversion rates for dApps and wallets. The system leverages threshold cryptography to split a user's private key into multiple "shares" secured across their devices and authentication methods, allowing for key reconstruction by combining a threshold of these shares. This provides enhanced, incremental 2FA security and recoverability without a single point of failure. Torus Labs serves developers and companies such as Binance Extension Wallet, Skyweaver, and Kukai Wallet.Grant Funding
VC Funding
None
2019
$0
$2M