SEP-30 enables user-friendly non-custodial wallets by eliminating recovery phrases and passwords. Users log in with just a phone number while maintaining full account control through device keys and distributed recovery servers. Vesseo, a USD savings app on Stellar, demonstrates this approach in production.
SEP-30 is a Stellar Ecosystem Proposal that defines a new approach to key management and account recovery designed for mainstream users. Instead of managing a single master key, SEP-30 wallets use device keys and multi-signature accounts with independent recovery servers, allowing users to regain access to their accounts through phone number or email verification. The system eliminates the need for recovery phrases, passwords, or third-party account control. Vesseo, a non-custodial USD savings app on Stellar, is live with SEP-30 implementation, offering a consumer-grade experience where users authenticate with only their phone number. The proposal requires ecosystem infrastructure including both SEP-30 wallets and independent recovery servers to function effectively.
