In this article, I want to draw your attention to a new feature from the Braavos wallet that was created for Starknet — the Multi-Owner Account (MOA). This feature offers enhanced security with multi-factor authentication for each owner, as well as autonomous gas payments and seamless dApp integration. Let’s take a closer look at it.

At its core, the Multi-Owner Account (MOA) is an innovative feature that harnesses the power of account abstraction to facilitate collaborative on-chain transaction management.

This account type is designed to cater to teams, organizations, or any group where each member has a unique wallet. Transactions from this account are only executed once a predefined number of owner approvals (a threshold set by the team) is met.

So, it’s a tool for convenient money management for a group of people, a company, and it’s programmable, which makes it different from what is currently offered.

Collaborative Control. Enables on-chain team management of transaction execution, reinforcing collective decision-making and eliminating unilateral transaction risks.

Dynamic Owners Structure. Provides the flexibility to easily add or remove owners, and to adjust the minimum signers required for transaction approval at any time.

Fortified Security. Each owner’s account can adopt (or opt into) enhanced security measures such as 2FA, 3FA, or even becoming another MOA, thereby heightening account security.

Autonomous Gas Payments. As a standalone account on Starknet, the MOA pays its own gas fees.

Seamless dApp Integration. The MOA integrates effortlessly with each and every dApp, as it is treated like any other account in your wallet.

How to set up an account with multiple owners:

Click on the Menu and select ‘Add a Multi-Owner Account’. You’ll be given the choice to either create a new account or join an existing one.

To create a new account:

• Initiate: Click on ‘Create a New Multi-Owner Account’.

• Add Owners: Include up to seven unique wallet addresses as owners for the single account.

• Set Threshold: Set the minimum number of owners (M out of N) that are required to sign for a transaction to be approved.

• Review and Confirm: Review all the details and, once everything is in order, confirm the creation of the account.

To join an existing account:

• Import: Click on ‘Import an Existing Multi-Owner Account’.

• Set MOA Address: Add the MOA address and click ‘Import’.

That’s it! The account will now appear in the account list of your wallet under the MOA section.

Once the account is up and running, any owner can initiate a new transaction signing process, or sign pending transactions. Owners can collaboratively add or remove other owners, or adjust the M out of N signers’ threshold — all easily accessible within the account settings.

You can also watch this video:

Conclusion.

The multi-owner account feature will greatly enhance the ability of companies, organizations, and groups to manage their contracts and funds on Starknet.

Learn more about Braavos by following these links:

Website — https://braavos.app/.
Discord — https://discord.com/invite/MZPkZfE9F2.
X — https://twitter.com/myBraavos.
Official blog — https://braavos.app/blog/.

The article is based on materials from https://braavos.app/blog/.

In this article, I want to draw your attention to a new feature from the Braavos wallet that was created for Starknet — the Multi-Owner Account (MOA). This feature offers enhanced security with multi-factor authentication for each owner, as well as autonomous gas payments and seamless dApp integration. Let’s take a closer look at it.

At its core, the Multi-Owner Account (MOA) is an innovative feature that harnesses the power of account abstraction to facilitate collaborative on-chain transaction management.

This account type is designed to cater to teams, organizations, or any group where each member has a unique wallet. Transactions from this account are only executed once a predefined number of owner approvals (a threshold set by the team) is met.

So, it’s a tool for convenient money management for a group of people, a company, and it’s programmable, which makes it different from what is currently offered.

Collaborative Control. Enables on-chain team management of transaction execution, reinforcing collective decision-making and eliminating unilateral transaction risks.

Dynamic Owners Structure. Provides the flexibility to easily add or remove owners, and to adjust the minimum signers required for transaction approval at any time.

Fortified Security. Each owner’s account can adopt (or opt into) enhanced security measures such as 2FA, 3FA, or even becoming another MOA, thereby heightening account security.

Autonomous Gas Payments. As a standalone account on Starknet, the MOA pays its own gas fees.

Seamless dApp Integration. The MOA integrates effortlessly with each and every dApp, as it is treated like any other account in your wallet.

How to set up an account with multiple owners:

Click on the Menu and select ‘Add a Multi-Owner Account’. You’ll be given the choice to either create a new account or join an existing one.

To create a new account:

• Initiate: Click on ‘Create a New Multi-Owner Account’.

• Add Owners: Include up to seven unique wallet addresses as owners for the single account.

• Set Threshold: Set the minimum number of owners (M out of N) that are required to sign for a transaction to be approved.

• Review and Confirm: Review all the details and, once everything is in order, confirm the creation of the account.

To join an existing account:

• Import: Click on ‘Import an Existing Multi-Owner Account’.

• Set MOA Address: Add the MOA address and click ‘Import’.

That’s it! The account will now appear in the account list of your wallet under the MOA section.

Once the account is up and running, any owner can initiate a new transaction signing process, or sign pending transactions. Owners can collaboratively add or remove other owners, or adjust the M out of N signers’ threshold — all easily accessible within the account settings.

You can also watch this video:

Conclusion.

The multi-owner account feature will greatly enhance the ability of companies, organizations, and groups to manage their contracts and funds on Starknet.

Learn more about Braavos by following these links:

Website — https://braavos.app/.
Discord — https://discord.com/invite/MZPkZfE9F2.
X — https://twitter.com/myBraavos.
Official blog — https://braavos.app/blog/.

The article is based on materials from https://braavos.app/blog/.