Privy Implementation

Server Wallets and Policy Management ✨

A Little About Server Wallets 🛠️

Server wallets enable applications to manage blockchain transactions programmatically. Unlike user wallets, they operate in the background, allowing seamless automation of blockchain interactions while maintaining security and control.

Things Seamlessly Integrated in Our Project ⚙️

• Server Wallet Creation: We generate and manage server wallets dynamically.

• Policy Implementation: We define and enforce granular rules for wallet actions.

• Transaction Handling: Our system automates sending and receiving transactions securely.

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Everything About Policies 📝

Privy's policy engine allows your application to restrict the actions that can be taken with server wallets.

Policies are defined by three core primitives: policies, rules, and conditions. At a high level:

• Policies are an ordered list of rules that define the total set of actions allowed or denied for a server wallet.

• Rules are a set of conditions that must be satisfied for the policy engine to execute an action (ALLOW or DENY).

• Conditions are boolean statements that the policy engine evaluates against RPC requests.

Policies can be managed through the Privy Dashboard or via the REST API. 🌟

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Policies Ensure Secure Transactions 🛡️

Policies enable you to:

• Configure transfer limits.

• Set allowlists and denylists for transfer recipients.

• Restrict smart contract interactions.

• Enforce constraints on calldata for contract interactions.

This ensures that server wallets can only perform actions intended by the application. 🎉

By implementing these features, we have built a secure and policy-driven system for managing blockchain interactions.