Part two of a key management series explains how Stellar accounts work, covering public/secret keys, master keys, multi-signature capabilities, and common wallet strategies. The post introduces SEP-30 as a better approach to user-friendly key management and account recovery.
This educational post breaks down Stellar's key management fundamentals, explaining public keys (starting with G), secret keys (starting with S), and the master key concept. It covers how signers, thresholds, and weights enable multi-signature configurations on Stellar accounts. The post reviews common wallet approaches: paper backups (user-dependent, security risks), server-side storage (trust issues), and encrypted keys (password recovery problems). It concludes that existing master-key-dependent strategies are limited for account recovery and previews SEP-30 as a superior solution, with Vesseo app as a real-world example.
