SEP 30: Account Recovery (created 20/12/2019)
- Recovery signer: multi-party key management of Stellar accounts
- This protocol defines an API that enables an individual (e.g., a user or wallet) to regain access to a Stellar account that it owns after the individual has lost its private key without providing any third party control of the account.
- Next generation wallets with satellite security (ledger nano upgrade).
- No longer need to memorize or hide passwords or Skeys, makes crypto user-friendly for everyone of all ages and
abilities.
- Can be connected with SEPs 6,24,31 (claimable balances to transfer bank and investment accounts) for corporate / organization accounts. This will allow granting/ removing team access. Also allows gifting of wallets ( kids, family, friends, wills/ trusts).
