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Using Ethereum/RSK Token Bridge with Defiant

Tiempo de lectura: 2 minutos

In case you haven’t yet, please read this blog post, in order to get the full picture of how RSK/Ethereum Token Bridge can be of use when trying to use Ethereum ERC20 tokens in times of high network fees.

In order to have your Ethereum tokens on RSK network, or the other way round, you need to (not really, but it’s the easiest way) use the Token Bridge own frontend. The interface is pretty self-explanatory, but we’ll skim through it anyway. As an example, we’ll follow the steps needed to swap DAI for rDAI using Defiant, which allows you to access every Ethereum or RSK dapp via WalletConnect. So first we’ll dive into how to configure our wallet in Defiant, and after that we’ll see how to effectively use the Token Bridge.

Setting up your Defiant wallet

In order to use the Token Bridge as in this example, we need to:

  • Have a wallet with DAI (or any other Ethereum token with an existing RSK equivalent) in Defiant.
  • Be able to see our rDAI balance (even if it is zero) in your wallet, with the same address as your DAI one.

This is something many Defiant users can handle. If you have already done this, feel free to move on to the instructions on how to use the Token Bridge. 

If you don’t, you can check out this tutorial for a complete guide on how to achieve this.

Using the Token Bridge

  1. First of all, we need to go to the Token Bridge in your browser.
  2. On the top right there’s a button to connect the dapp with your wallet. We can choose Metamask (which is also the right option for Nifty), or WalletConnect. For this purpose, we’ll choose WalletConnect
  3. With Defiant in your mobile phone, we find the WalletConnect feature and tap on New connection.
  4. In the following screen, we need to:
    1. Choose which of your wallets (since Defiant lets you have many) you want to connect to the dapp.
    2. Set Ethereum as the network.
    3. Tap OK.
  5. Then, we have to scan the QR code that the Token Bridge displays with our mobile phone. Defiant will confirm that a new connection has been created, and so will the web, maybe a couple of seconds later. We should also see that our Ethereum address appears on the left-upper corner of the screen.
  6. Later, on the left side of the swap module in the Token Bridge web, we shall choose DAI, and rDAI will be automatically set on the other side.
  7. We can then input the amount of DAI to swap (lower or equal than our DAI balance).
  8. If it’s your first time using this pair, you’ll need to perform an approval. So let’s click on that button, which will send a transaction for you to sign it using Defiant.
  9. Once you receive the message in Defiant, check it, and tap on Approve in order to sign it.
  10. Wait until the transaction is mined.
  11. After that, we need to repeat the process with Convert tokens button: click on it, sign it (approve it) in Defiant, and wait for the operation to be mined.
  12. Now, we’ve done everything we needed to. The Token Bridge needs 24 hours to safely confirm transactions on the blockchain. Tomorrow by this time, we’ll have our rDAI in our RSK wallet in Defiant.

Twelve steps… seems like a lot. But fear not! Once you have accomplished them for the first time, it’s a piece of cake. And you can start reaping the benefits of having your beloved tokens on a network in which you’ll pay a tiny portion of the fees you’d otherwise suffer.

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Descubre Defiant v1

Tiempo de lectura: 3 minutos

Estamos muy contentos de anunciar el release de Defiant v1. Desde ahora, la wallet cuenta con nuevas funcionalidades, la posibilidad de conectar más tokens y se abre a otros países.

2021 llegó con muchos cambios para Defiant: nuevo equipo, nuevas funcionalidad y sobre todo una experiencia renovada para nuestros usuarios. 

Luego de varios meses de testeos con usuarios y tomando muchas de las sugerencias que recibimos a diario en nuestra comunidad de Telegram, nos pusimos manos a la obra para lanzar los features de Defiant v1, los cuales que te detallamos en este post.

Si prefieres ver las nuevas funcionalidades en video, te dejamos el link al webinar junto a nuestros amigos de Cripto Resources, donde Bruno Calmels, Co Fundador de Defiant, cuenta en detalle los cambios de la nueva versión de la app.

PowPeg 🔁

Desde ahora vas a poder cambiar tus BTC por RBTC directo desde Defiant, de forma sencilla utilizando el PowPeg (también se lo conoce como 2-way peg). El PowPeg se asegura de que por cada RBTC que existe en la red de RSK, haya un BTC que lo respalde. Defiant se apoya en esta tecnología para traerte el cambio BTC <> RBTC de forma nativa. 

Una vez que tengas RBTC en tu wallet, podrás invertir en BPRO, BTCx, o encontrar estabilidad con el DOC.

Custom Tokens 💥

¡Todos los tokens de RSK y Ethereum ahora en Defiant!

Más seguridad 🔐

La nueva versión de Defiant amplía la cantidad de caracteres del PIN, dando la posibilidad de configurar una combinación de 4 a 8 números y alertando sobre combinaciones inseguras.

WalletConnect mejorado  🚀

WalletConnect permite conectar aplicaciones descentralizadas a Defiant, es decir, que puedes interactuar de forma segura con cualquier dapp. 

En la nueva versión de Defiant, sumamos la posibilidad de firmar un mensaje y de recibir notificaciones por mensajes en espera de confirmación.

RSK <> ETH Token bridge 🌉

A través de WalletConnect, podrá conectarse al Token Bridge (puente entre tokens, en español) entre RSK y Ethereum. El Token Bridge permite a los usuarios mover los tokens RSK o Ethereum entre redes de una manera rápida y rentable, aprovechando las ventajas de ambas redes.

¿Te lo contamos con un ejemplo? Podrás cambiar de DAI a rDAI, aprovechando los fees de la red de RSK, los cuales hoy en día son más económicos que los de Ethereum.

Nuevos tokens por transferencia bancaria 🤩

Un diferencial de Defiant frente a otras wallets es la posibilidad de comprar y vender criptomonedas vía transferencia bancaria.

En la v0 de Defiant se pueden adquirir, desde Argentina, BTC, DOC, RDOC y ETH. Ahora con la nueva versión se suman: RBTC, BPRO, DAI, USDT.

En v1 ahora también pueden comprar y vender todas estas monedas desde Uruguay y Venezuela. Y pronto podrán operar usuarios de Perú, Colombia, México y Brasil. 

Además, sumaremos la posibilidad de adquirir tokens en cualquier parte del mundo vía tarjeta de crédito 💳  ¡Pronto tendremos novedades al respecto, quédate atento!

Más info sobre Money On Chain 🤟

La app contará con más información de los tokens de Money On Chain, como el settlement y el leverage del BTCx. Además, se informará la cantidad de MOC tokens que recibirán los BPRO holders.

¿Y cómo seguimos? 🤔

Luego del lanzamiento de V1, se vienen nuevas integraciones en Defiant: 

  • On & Off Ramp global

Defiant ofrecerá la posibilidad de comprar y vender criptomonedas desde cualquier lugar del mundo.

  • Mejoras en el P2P

El P2P es la funcionalidad que permite a usuarios conectarse entre sí para comprar y vender criptomonedas. 

Incluiremos en el P2P precios y cantidades variables, órdenes de compra.

  • Escrow

Un escrow es una garantía que reduce el riesgo de contraparte en las transacciones. Los fondos del vendedor de las cripto se resguardan hasta que el comprador realiza el pago. Integraremos el escrow desarrollado por Kleros para hacer más seguras las transacciones P2P.


¡Súmate a nuestra comunidad!

Telegram: https://t.me/DefiantES

Twitter: https://twitter.com/defiantApp

Instagram: https://www.instagram.com/defiant_app/

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Export/Import Defiant seeds and keys to/from other wallets

Tiempo de lectura: 7 minutos

As Defiant is a self-custodial wallet, you have control of your keys at all time. This means that whenever you want, you can take those keys and import them in any wallet or app you might like.
This process can sometimes be complex or vary from wallet to wallet, so we thought we’d write a post explaining how to export and import Defiant’s keys to and from a few of the most common and compatible wallets out there.
But first of all, tables, because everybody loves tables.

TL;DR (this is what you want 👇 )

Defiant’s compatibility tables

From Defiant to other wallets

TrustWalletCoinomiMetaMaskNiftyWallet
With seeds– BTC
– ETH
– RSK
– BTC
– ETH (different derivation path)
– RSK
– BTC
– ETH
– RSK (different derivation path)
– BTC
– ETH
– RSK
With private keys– BTC
– ETH
– RSK
– BTC
– ETH
– RSK
– BTC
– ETH
– RSK
– BTC
– ETH
– RSK

From other wallets to Defiant

TrustWalletCoinomiMetaMaskNiftyWallet
With seeds– BTC
– ETH
– BTC
– ETH
– ETH
– RSK
– ETH
– RSK
With private keysComing soonComing soonComing soonComing soon

How to export all my keys from Defiant?

  1. Go to the drawer
  2. Go to my wallets
  3. Choose the wallet you want to export and tap on the lock icon
  4. Export the seed and the private keys

How to import a Defiant wallet into Trust with seeds?

  1. Go to configuration
  2. Go to wallets
  3. Tap on ‘+’
  4. Tap on ‘I already have a wallet’
  5. Select Multi-Coin wallet
  6. Enter the seeds and tap on ‘Import’
  7. Verify your ETH address is the same as Defiant
  8. Verify your BTC address is the same as Defiant

How to import a Defiant ETH account into Trust with a private key?

  1. Go to configuration
  2. Go to wallets
  3. Tap on ‘+’
  4. Tap on ‘I already have a wallet’
  5. Select Ethereum
  6. Tap on private key
  7. Enter the private key and tap on ‘Import’
  8. Verify your ETH address is the same as Defiant

How to import a Defiant wallet into Coinomi with seeds?

  1. Go to the drawer
  2. Tap on the wallets dropdown
  3. Tap on ‘Admin wallets’
  4. Tap on the ‘+’ fab
  5. Tap on ‘Restore wallet’
  6. Enter the seed and tap on the arrow fab
  7. Enter a password and tap on the arrow fab
  8. Choose Bitcoin and Ethereum and tap on the ‘+’ fab
  9. Verify your BTC address is the same as Defiant
  10. As Coinomi uses a different derivation path than Defiant’s ETH addresses won’t match

How to import a Defiant wallet into MetaMask with seeds?

  1. With MetaMask logged out tap on ‘Import using a seed phrase’
  2. Enter the seeds, enter a password and tap on restore

As MetaMask does not follow the BIP-44 which defines coin types that allow to derive different addresses depending on the blockchain being used, no matter which network you connect to, you will always see the same address and, as Defiant does follow the BIP-44, the only address that will match will be the Ethereum mainnet one.


In order to solve this, the best way to use Defiant’s different addresses on MetaMask is to import accounts with the private keys rather than the seeds.

How to import a Defiant account into MetaMask with a private key?

  1. With MetaMask logged in tap on the upper colored circle
  2. Tap on ‘Import account’
  3. Enter the private key and tap on import
  4. Verify the Defiant account address matches the one in MetaMask

How to import a Defiant wallet into NiftyWallet with seeds?

  1. With NiftyWallet logged out tap on ‘Restore from seed phrase’
  2. Enter the seeds, enter a password and tap on ‘Ok’


Although NiftyWallet was originaly created using MetaMask’s base code, Nifty does follow the BIP-44 which means that with just importing the 12 words it will correctly deduce the addressess of both ETH and RSK networks in mainnet and testnet exactly as they are shown in Defiant.

But we can also import a private key to use a specific address in any blochchain so:

How to import a Defiant account into NiftyWallet with a private key?

  1. With NiftyWallet logged in tap on the upper person icon
  2. Tap on ‘Import account’
  3. Enter the private key and tap on import
  4. Verify the Defiant account address matches the one in Nifty

And now, the other way around.

How to import any wallet seeds into Defiant?

  1. Go to the drawer
  2. Go to my wallets
  3. Tap on import
  4. Tap on the settings icon on the upper right
  5. Tap on the derivation path dropdown
  6. Choose the corresponding option
    There are a few options, and also if you choose the last one, you can enter a custom derivation path.
    In most cases (TrustWallet, NiftyWallet, etc.) you can leave the default option and the importing will work just fine. If it’s not a common case, choose the one that best fits your needs.
  7. Tap outside of the bottom sheet, enter the seeds, choose the coins and tap on continue.
  8. Go to your newly created wallet
  9. Tap on a coin which address you want to verify (say RBTC)
  10. Tap on receive
  11. Check the address against the one from the original wallet
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How to Powpeg? (2 Way Peg)

Tiempo de lectura: 8 minutos

If you speak Spanish and would rather prefer a video, here’s a step by step tutorial explaing how to use Defiant to swap BTC for RBTC (or vice-cersa) using RSK Powpeg:

https://www.youtube.com/watch?v=1kTJhlA-5V8

A bit of history

When Defiant first started it was just an app for P2P trading. After a short while in the streets, we realised that, to be competitive, we needed to add wallet functionalities to the app.

In doing so, we had to decide which blockchains would be added, and apart from Bitcoin and Ethereum, we went all in with RSK, a side chain of Bitcoin with all the power of Smart Contracts.

RSK’s strength came from joining the programability of smart contracts with the security of Bitcoin. That last part due to the fact that for every one RBTC (RSK’s base coin) in the RSK system, there was exactly one BTC locked.
This ensures that the RBTC price is pegged to the BTC price, and that the whole blockchain is backed by those locked BTCs.

There has been a number of ways a user that has BTC can “change” it for RBTC, CoinSwitch, Kucoin, Bitfinex, etc.
When we started, we decided CoinSwitch was the simplest way for us to provide a simple and clean way for our users to change their BTCs for RBTCs, and so we leveraged their API and the solution holded up for a few good months.

CoinSwitch gave us what we needed at the time, but there were a few things that didn’t click with us. The fees weren’t always grateful, operations could take hours (sometimes up to a day) to complete and primarily, CoinSwitch is centralized which means there is people in between and that we really didn’t like…

When, last month, CoinSwitch stopped giving liquidity to all RSK pairs (BTC-RBTC and BTC-DOC) we decided it was time we pointed in a new direction…

Enter the Powpeg

Apart from the solutions mentioned above, there has always been a clean and simple way to go from BTC to RBTC (and viceversa), the native way, the Powpeg (formerly Two Way Peg).
This is the system that gives RSK its liquidity, the mechanism with which for an RBTC to be released into the system, a BTC has to be locked.

How does it work?

There are two players in this game, a Federation Address and a Bridge.

  • The federation address is a Bitcoin address that holds the BTCs for locking.
  • The bridge is a pre-compiled smart contract that lives inside the RSK network and manages the RBTC that is released into the system.

The process is (roughly) this:

From BTC to RBTC (Peg-In):

  1. A user has a Legacy address with BTC (we’ll go more in depth about this later)
  2. The user transfers BTC to the federation address (the amount must be, at the moment, at least 0.01 BTC and less than the max amount allowed to be locked in the network, at the moment, 1000 BTCs)
  3. The user pays the fees for the transfer (this is the only fee)
  4. The federation address receives it and waits for 100 confirmations.
  5. After the confirmations, the bridge (on the RSK side) is allowed to release the funds.
  6. The bridge sends the amount to the matching RBTC address (more on this also later)
  7. We have RBTC, we celebrate 🎉🎉🎉

From RBTC to BTC (Peg-Out):

  1. A user has an RBTC address with funds that matches a Legacy one on the Bitcoin side (later).
  2. The user transfers RBTC to the bridge (the amount must be, at the moment, more than 0.008 RBTC)
  3. The user pays the fees for the transfer (this is the first fee, but it’s very low)
  4. The bridge receives it and waits for 4000 blocks (about 100 BTC confirmations on the other side).
  5. After the blocks, the bridge releases the funds to the BTC network.
  6. The federation address sends the amount to the matching BTC Legacy address and charges that transference fee to the user (this is the second fee)
  7. We have BTC, we celebrate 🎉🎉🎉

So, fees:

  • From BTC to RBTC (Peg-In):
    • The network fee for transfering BTC to the federation address
  • From RBTC to BTC (Peg-Out):
    • The network fee for transfering RBTC to the bridge
    • The network fee for the transference of BTC the federation address sends you

Addresses

This is the “tricky” part of the process.
In order for the Peg-In and Peg-Out to work correctly, at the moment (there are changes being developed), the address that sends the funds from the BTC side has to be a Legacy one and there has to be a correlation between that address and the address that receives the RBTC on the other side.
This relation is the following: the derivation path that generated the address on the BTC side needs to be the same to generate the RBTC address. The only way the bridge can know to which address the RBTCs should be sent (when pegging in) is by respecting the derivation path.

An example (with derivation paths)

The derivation path is what “describes” the way a blockchain address should be constructed. The BIP-44 explains this in more detail.

Imagine I have a 12 word seed phrase (never use this seed phrase):

abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon abandon

If I use Defiant to import it and generate a wallet with BTC and RBTC, I get this set of addresses:

  • BTC Segwit External (derivation path m/84’/0’/0’/0/0): bc1qch27t4mg2ju20gcs22h8de945acge9pfhzx6kl
  • BTC Legacy External (derivation path m/44’/0’/0’/0/0): 16Zu6SqMovwr81EPeHdp1HX9DXsP41cMHh
  • RBTC (derivation path m/44’/137’/0’/0/0): 0x711c00F4FE4513B0CFe2d3c6032F75268970eD74

Note that each address is different due to each derivation path being different.

Now let’s import the seed phrase again but let’s configure Defiant to generate the RBTC address using the BTC Legacy External derivation path:

  • BTC Segwit External (m/84’/0’/0’/0/0): bc1qch27t4mg2ju20gcs22h8de945acge9pfhzx6kl
  • BTC Legacy External (m/44’/0’/0’/0/0): 16Zu6SqMovwr81EPeHdp1HX9DXsP41cMHh
  • RBTC (m/44’/0’/0’/0/0): 0x87A5c8273fFe7574e5bc7290F568bae337578AeF

Now the RBTC address is different!
That’s because I changed the derivation path.

And now with all this information, let’s see how we solved the process of the Powpeg in Defiant

Powpeg in Defiant

We wanted to make it extremely easy for our users to change BTC for RBTC (and viceversa), so we adjusted our wallet to integrate “seamlessly” with the great system that RSK had developed.

Setting up tester mode (this post section will desapear in a few days)

The Powpeg is curently being tested, so, to enable it, there are a few steps required.

  1. Go to the drawer menu
  2. Scroll to the bottom of the drawer
  3. Tap rapidly 7 times on the version of the app (pretty cool right?)
  4. Go to settings, you will see a new item ‘Tester settings’
  5. Tap on it
  6. In the next page, enable the Powpeg

Setting up the wallet

As described above, there is a relation between your BTC address and your RBTC address when using the Powpeg, so you can’t use a regular wallet generated in Defiant, but despair not! We got you covered.
With a regular wallet follow these steps.
Note: The whole process will be shown on testnet, but doing it on mainnet is exactly the same. In fact, you can try doing it in testnet first to be sure and then mainnet 😉😉

  1. From your wallet’s dashboard, go to “change”
  2. Select BTC and RBTC and press continue
  3. A message will show up explaining that this wallet is not correclty configured for the Powpeg (we wanted this to happen)
  4. Let’s tap on “create”. This will create a new wallet using the same seed pharase and coins but using the First BTC Legacy External derivation path to generate the RSK address (m/44’/0’/0’/0/0 for mainnet and m/44’/1’/0’/0/0 for testnet)
  5. Wait for the wallet to finish creating
  6. When it finishes, we have 2 wallets, the original one and the new ‘PEG’ one

Change BTC for RBTC (PegIn)

With a wallet correctly configured we’ll make the change

  1. Go to the PEG wallet (created above)
  2. Tap on change
  3. Choose BTC and RBTC and tap on continue
  4. Enter the amount you want to change (we will use the minimum here) and tap on continue
  5. Verify the information and scroll to the bottom of the page
  6. Take a look at the warning “THIS WILL TAKE A FEW HOURS” and, when ready, tap on continue
  7. Enter your PIN
  8. When the operation gets dispatched, you’ll be redirected to the “done” page. Tap on the arrow to continue
  9. You just changed BTC for RBTC using the Powpeg. Have a party with friends 🥳🥳🥳

Change RBTC for BTC (PegOut)

To change RBTC for BTC the process is exactly the same. The minimum changes a little and the time for completion is different, but all in all, it’s the same. Just change the origin coin and the destination coin.

How to see the progress of the swap?

As these changes take a long time to finish, we wanted to make it simple for users to check how it’s going so:

  1. Go to the History section
  2. Scroll to the right until you reach the Powpeg history section and tap on it
  3. A list of your Powpeg operations will be shown
  4. Tap on the operation you just made
  5. The “show history operation” is shown
  6. Scroll to the bottom
  7. A progress bar is shown with the current state of the operation
  8. As confirmations/blocks pass by, the bar will fill up until it reaches 100%. At this point, you should have received your BTCs (or RBTCs if you were changing the other way around).

You can also tap on the “receiver” address and see if you received the changed amount in the explorer.

Notes and “caveats”

Address

As mentioned above, the BTC address that does the PegIn needs to be Legacy. If you know how Bitcoin UTXOs work, you should ask “but, if I send using more than one UTXO and mix addresses up?”

Great question! Yes, the BTC you send can come from multiple UTXOs that are from different addresses and can be Legacy, Segwit, Segwit Compatible, etc. In fact, we (Defiant) do this…

BUT!!

The first address in the inputs HAS TO BE A LEGACY ONE

Meaning that that address has to have some BTC, maybe not all the amount you are trying to swap, but it has to have some BTC.

If you don’t do this and the first address is not Legacy… You’ll lose your funds.

Note: Soon you’ll be able to choose the RBTC reception address, but as of right now, you cannot.

Time

These changes take time, from 17 hours to 34 hours depending on the direction of the change.
At the moment, this will not be changing in a near future as it is a security measure.

Minimum

The minimums are high, we know it. Sadly, it’s not in our control how that is managed. We’ll probably have a solution for smaller amounts soon (stay tuned).

Note: Soon the minimum amounts will be lowered, but as of right now, they are what they are.

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Tu MNEMONIC o frase de recuperación

Tiempo de lectura: 3 minutos

Si estás en Defiant es imposible que no sepas lo que es tu mnemonic o frase de recuperación.

Si no lo sabes, tómate 3 minutos para leer esto y entérate porqué la clave mnemonic debe ser la pieza fundamental de tu seguridad financiera, tanto dentro de Defiant como en el mundo de las criptomonedas en general.

Comencemos diciendo que Defiant es una billetera self-custodial. ¿Qué quiere decir esto? Que Defiant no guarda ningún tipo de información respecto a tus cripto, sino que te acerca las mejores herramientas para que únicamente tú tengas el poder sobre ellas.

Desde esta perspectiva, la mnemonic (que también vas a poder encontrar como frase semilla o seed) es una frase de 12 palabras ordenadas predeterminadamente, que vas a tener que guardar en el orden en que te son dadas y de la forma más segura posible.

This image has an empty alt attribute; its file name is photo5001603538224261356-1-597x1024.jpg

Lo más recomendable es que guardes estas 12 palabras de forma no digital, quizás en papel, en un par de lugares que puedas recordar y acceder, pensando en la forma más conveniente para asegurarlas.  Estas 12 palabras son la llave de acceso a tu billetera privada y a tus fondos, son una clave que posees de forma unilateral: nadie podrá ayudarte a recuperarla en caso de que la pierdas. Es por esto que tenemos que asegurarnos de que eso no suceda.

Al crear una billetera con Defiant, podrás ver tus 12 palabras inmediatamente y se te recordará que las guardes bien. Al importar una billetera, necesitarás esas 12 palabras para traerla a la app y ver tus cripto. Además, mientras tengas billeteras abiertas en Defiant vas a poder consultar la frase de recuperación de cada una de ellas accediendo a Mis Billeteras:

Pon a prueba tu seguridad

Afiancemos la teoría con algo de práctica. Acá van un par de pruebas que sugerimos para terminar de sentirse cómodo con las mnemonics.

Prueba 1

  1.  Crea una billetera en Defiant y asegura tu nueva frase de recuperación. No te preocupes por las opciones adicionales, déjalas tal como aparecen.
  2. Haz click dentro de alguna de las monedas de tu billetera recién creada para consultar tu dirección. Si consultas tu dirección de BTC, por ejemplo, la dirección que Defiant te mostrará por defecto será del tipo: bc1qe0h4… Esta es tu dirección pública para esa moneda, es la que precisa cualquier otra persona para enviarte fondos. Cópiala, nos servirá de verificación.
  3. Ahora borra la billetera de Defiant.
  4. Paso siguiente, vuelve a importar utilizando la mnemonic. Nuevamente, las opciones adicionales pueden quedar tal como se muestran.
  5. ¿Importada? Repite los pasos anteriores para consultar la dirección de la moneda que elegiste anteriormente. Debería ser exactamente la misma que copiaste. De ser así, importaste la billetera con éxito.
  6. Si la dirección no coincide, con toda probabilidad hubo algún problema de transcripción y no estás en tu billetera. ¡Por eso es tan importante que esas 12 palabras estén perfectamente guardadas!

Prueba 2

Para esta prueba vamos a necesitar un smartphone adicional, pero es tanto más sencilla. Vamos a suponer que tu teléfono personal ya tiene al menos una billetera creada o importada a Defiant. Así mismo, daremos por hecho que ya tenés tu frase de recuperación bien guardada.

  1. Descarga e instala Defiant en el otro teléfono. Acto seguido, importa tu billetera con las 12 palabras.
  2. Consultando el balance de tus cripto ya podrás cerciorarte de que se trata de tu billetera. De no tener fondos, podrías hacerlo corroborando que las direcciones de una misma moneda sean las mismas en un teléfono y en el otro.

El objetivo de estas pruebas es que entiendas que tus cripto están a salvo en tanto y en cuanto asegures tu frase de recuperación.

Desde Defiant creemos que la mejor experiencia en el mundo de las criptomonedas es que tú y sólo tú seas capaz de acceder a tus activos, esa es nuestra idea de seguridad. Sin embargo, esto también implica una mayor responsabilidad de parte de nuestros usuarios.

Guarda bien tu mnemonic. Sé el responsable de tu nueva seguridad financiera.

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Defiant: A non-custodial mobile wallet & P2P marketplace for stablecoins

Tiempo de lectura: 2 minutos

A little background

Defiant was conceived under Alberto Fernandez populist government in late 2019. A new — yet predictive — political cycle governed by strict currency controls and a questionable package of economic measures.

(Un)fortunately, for us Argentines, this comes with no surprise. A more restrictive government naturally presents us with new alternatives. This lays the foundations for an ideal scenario: the use of cryptocurrencies seems the most feasible solution. Needless to say, new projects are born. Hence, Defiant.

Our first thought…

The lack of platforms to exchange cryptocurrencies without the need for KYC in Argentina is increasingly noticeable. Currently, centralized exchanges have too many bureaucratic restrictions, creating a significant barrier for the end-user. The mere fact of buying crypto is off-putting.

Meanwhile, in secondary markets like Telegram or Facebook, huge volumes of stablecoins are exchanged on a daily basis. Although this is a quicker solution, it brings with it many issues regarding scams and the inevitably lack of trust in the ecosystem. Something else is missing.

Moreover, in most LATAM countries, the US dollar has always been used as a safe-haven for inflation. Naturally, accessing foreign currencies is generally problematic. From the end-user point of view, stablecoins could be used as a digital representation of the US dollar, as most of them are pegged 1:1.

Enter… Defiant

Defiant arises focused on designing a decentralized marketplace for stablecoins, connecting both people who need to sell and buy without the need of a third party, leveraged on a geolocation service. In this way, Satoshi’s viewpoint that gave rise to bitcoin is maintained.

Needless to say, it has to be simple enough for anyone to use. Under these criteria, we’ve decided to include an in-app wallet and make the best of it. Hence, we’ve decided to partner with the most secure and decentralized stablecoins in the ecosystem:

  • DOC: a bitcoin collateralized stablecoin, build on top of Rootstock’s (RSK) sidechain.
  • DAI: an ether collateralized stablecoin, build on top of Ethereum blockchain.

In this way, our main objective was to build an stablecoin-agnostic platform with a straightforward premise: the coexistence of technologies is a must.

So… What’s Defiant?

Defiant is non-custodial mobile wallet & P2P marketplace for stablecoins, where the end-user can transact and exchange their digital assets securely and rapidly on a single tap using a geolocation service and, most importantly, without the need of a third party.
Through state-of-the-art tools, DeFiant includes a platform where you can:

  • Receive & send cryptocurrencies with a non-custodial native wallet.
  • An on/off ramp that allows instant FIAT-to-CRYPTO swap.
  • On-chain swaps for both RSK & Ethereum platforms through Uniswap.
  • Find a P2P escrow-secured marketplace to exchange your holdings.
  • Take advantage of the DeFi ecosystem features on one tap.

Regardless Defiant emerged under exceptional circumstances, it has brought something that has been greatly missing so far: a mobile on demand dApp without the need of laptop-based platform. You have the power in your pocket.