How Your Wallet is Secured

Sharkblock uses a two-layer security architecture to protect your funds while enabling automated trading:

1. Web3Auth - For wallet connection and authentication
2. Squads V4 Protocol - For secure automated trading with multisig

Layer 1: Web3Auth - Wallet Connection & Authentication

How Does Web3Auth Work with Sharkblock?

Web3Auth provides a seamless way to connect to Sharkblock. All users can choose their preferred connection method:

Two Connection Options (Choose One):

Option 1: Social Login via Web3Auth

• Connect using email, phone, or social platforms:
  • Google, Twitter, Discord, Farcaster, Apple, Facebook
• Web3Auth automatically generates a non-custodial wallet for you
• Your private key is derived from your authenticated identity
• Stored securely in Web3Auth’s infrastructure, never exposed to Sharkblock
• Perfect if: You don’t have a crypto wallet yet, or prefer easy social login

Option 2: Connect Your Existing Wallet

• Connect your existing wallet directly:
  • MetaMask, Phantom, Rabby, WalletConnect, or any Web3 wallet
• Sign transactions through your wallet interface
• Full control with your existing security setup
• Perfect if: You already have a crypto wallet and want to use it

Both options provide the same level of security and functionality.

Key Security Features

🔐 Non-Custodial Architecture

• Sharkblock never accesses or stores your private keys
• Web3Auth handles all cryptographic operations securely
• Your keys remain under your control at all times

🛡️ Protection Against Threats

• Even if Sharkblock’s infrastructure is compromised, your wallet remains secure
• Web3Auth’s enterprise-grade security protects your keys
• Multi-layered security with continuous monitoring

✅ Easy Recovery

• Social login users can recover wallets by re-authenticating
• Built-in recovery mechanisms through verified accounts
• No need to manage complex seed phrases manually

Web3Auth Security Certifications

Web3Auth is a trusted, audited infrastructure provider:

🏆 Certifications & Audits

• SOC 2 Type II Certified: Enterprise-grade security compliance
• Security Audits: Audited by leading blockchain security firms
• Trusted by 10M+ users: Powering major Web3 applications
• Backed by: Sequoia Capital, Coinbase Ventures, and other top investors

📚 Learn More

• Web3Auth Official Website 
• Security Documentation 
• SOC 2 Compliance Details 
• Audit Reports 

Layer 2: Squads V4 Protocol - Automated Trading Security

Why Multisig for Automated Trading?

To enable automated trading, Sharkblock needs permission to execute trades on your behalf. Instead of giving us your private key (which would be dangerous), we use Squads V4 Protocol multisig.

How Squads V4 Multisig Works

Configuration

• Total Members: 2 (You + Sharkblock)
• Threshold: 1/2 signatures required
• Your Role: Config Authority (full control)
• Sharkblock’s Role: Simple Member (trade execution only)

What This Means

✅ You Keep Full Control

• You remain the owner with config authority
• You can revoke Sharkblock’s access anytime
• You can withdraw funds independently

✅ Sharkblock Gets Limited Permission

• We can execute trades with 1 signature (for speed)
• We NEVER hold your funds
• We can only trade, not change wallet settings

✅ Non-Custodial Trading

• Your funds stay in YOUR multisig wallet
• Sharkblock cannot steal or freeze your assets
• You maintain sovereignty over your capital

The Trading Flow

1. Setup: After connecting with Web3Auth or your wallet, you create a Squads V4 multisig
2. Deposit: You transfer SOL to your multisig wallet (min 0.05 SOL)
3. Trading: Sharkblock executes trades using 1 signature based on your strategy
4. Control: You can disable the bot or withdraw funds at any time

Security Advantages

🚀 Fast Execution + Security

• 1/2 threshold enables instant automated trading
• No need to manually approve every trade
• Still maintains non-custodial security

🔓 Full Transparency

• All transactions visible on Solana blockchain
• You can audit every trade in real-time
• Export your multisig keys to manage elsewhere

🛡️ Battle-Tested Protocol

• Squads V4 is trusted by institutions
• Optimized for Solana with low fees
• Industry-standard multisig solution

Using Your Multisig Elsewhere

Your Squads V4 multisig is fully portable and works with any compatible interface:

1. Export your private key from Sharkblock
2. Import to any Solana wallet (Phantom, Solflare, etc.)
3. Visit squads.so  to manage your multisig
4. Full control and transparency outside of Sharkblock

Security Summary

Combined Protection

1. Web3Auth ensures Sharkblock never touches your private keys
2. Squads V4 Multisig ensures you always control your funds
3. Result: Secure automated trading with zero custody risk

With Sharkblock, you get the convenience of automated trading without sacrificing security or control. 🦈🔐