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Burner Wallet

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The Burner Wallet runs on the xDai sidechain from POA. Since it is in DAI, a dApp can simply refer to amounts in USD. Plus, block times take 5 seconds and gas costs are virtually abstracted because they are so cheap and paid in DAI. Finally, the bridge between xDai and DAI/ETH is as simple as sending tokens to a specific address.

A burner wallet is automatically generated upon visiting https://xdai.io and your private key is stored in a cookie so it will be there when you come back. However, you should sweep any value you hold to a cold wallet regularly and burn your ephemeral private key. A burner wallet is analogous to cash; you won’t carry too much because it can be lost but it’s astonishingly easy to exchange.


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